Amway's Eva Cheng named one of the World's Most Powerful Women
- Details
- Published on Wednesday, 03 September 2008 22:04
- Written by Amway Watch
Eva Cheng, executive vice president responsible for Amway markets in Greater China and Southeast Asia has been named as the World's 88th Most Powerful Women by Forbes Magazine. No. 1 on the list was Angela Merkel, Chancellor of Germany.
According to Forbes, their annual ranking of the most powerful women in the world measures "power" as a composite of public profile - calculated using press mentions - and financial heft. The economic component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls. A chief executive "controls" the revenue of her business, for instance, while a head of state gets the country's gross domestic product. The raw numbers are modified to allow comparisons across financial realms.
Eva Cheng's responsibilities encompass mainland China, Taiwan, Macau SAR, Hong Kong SAR as part of Amway Greater China and Thailand, Malaysia, Singapore, Indonesia, Brunei, and the Philippines within Amway Southeast Asia.
Before assuming additional responsibility for the Southeast Asian markets in April 2005, Cheng was best known for driving the growth and development of Amway’s business in Greater China. Amway (China) Company Ltd. (ACCL) has regularly been recognized by business magazines, surveys, and government agencies as one of China’s most admired companies and best employers.
Cheng is a graduate of the University of Hong Kong with a bachelor of arts degree with honors and a master’s of business administration degree. She began her career with Amway in 1977.
