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Most Powerful Women International

This is the 17th year Fortune has ranked the Most Powerful Women in business outside the U.S. Banco Santander group executive chairman Ana Botín repeats again as No. 1 in 2017, though she is joined on this year’s list by 11 newcomers. The 50 global businesswomen here represent 17 countries and many industries. By Christina Austin, Laura Entis, Erika Fry, Polina Marinova, and Claire Zillman. Click here for our methodology.

Click here to see the U.S. Most Powerful Women list.