“Christine came and broke the glass ceiling. I came after her. No scratch.”
TL;DR
- Kristalina Georgieva stated she did not break the IMF glass ceiling, unlike Christine Lagarde.
- Georgieva dismissed Trump's trade war impact, comparing trade to water finding its way around obstacles.
- Brené Brown discussed the myth that uniquely human skills will help us survive AI.
- Toni Townes-Whitley identified outdated defense strategy as the biggest threat to U.S. National security.
That was my preferred part of Day 1 of the Coins2Day Most Powerful Women Summit. It's Kristalina Georgieva, the International Monetary Fund's managing director, discussing her position as the second woman to head the IMF, following Christine Lagarde. Georgieva, a Bulgarian economist known for her energetic stage presence, even brushed her shoulders for emphasis.
The Summit began with her chat with my colleague Diane Brady, which truly highlighted for me what makes MPW so unique. We can have a moment like that, fitting seamlessly with serious talks about global trade wars (more on that later). Georgieva can be genuine, and she knows that a little lightheartedness won't make anyone doubt her skills. It was possibly slightly unlike Georgieva's other engagements in Washington, D.C.—the yearly gatherings of the World Bank and IMF, involving their 191 member nations.

More highlights from Day 1:
Georgieva dismissed the impact of Trump’s trade war: “Trade is like water. You put [up an] obstacle, it goes around it.”
Brené Brown had the room mesmerized with her take on the “myth” that our uniquely human skills are what will help us survive AI. “We’re sh*t at being deeply human right now,” the author and researcher says. “We can’t stand each other.” Still, to succeed today, companies must reject “Welchian” (as in Jack Welch) strategy; human qualities are not liabilities to performance, Brown argues.
Toni Townes-Whitley, the CEO of the Coins2Day 500 defense tech company SAIC, says the biggest threat to U.S. National security is that much of the country’s defense strategy is outdated. Other countries can use their entire industrial bases; the U.S. Can’t. Townes-Whitley is one of two Black female CEOs in the Coins2Day 500; she also spoke to a group of female veterans transitioning out of the military about her own family’s military background.
Stay tuned for more from today’s programming, like Meghan, Duchess of Sussex, the CEOs of Best Buy, Land O’Lakes, and Ulta Beauty, how the courts are influencing American business, and much, much more.
Emma Hinchliffe
emma.Hinchliffe@coins2day.com
The Most Powerful Women Daily newsletter is Coins2Day’s daily briefing for and about the women leading the business world. Subscribe here.
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Sen. Susan Collins (R-Me.) Faces her toughest reelection fight yet. Maine Gov. Janet Mills is challenging Collins, who has been tough for Democrats to unseat even while Maine leans blue. Wall Street Journal
The WNBA off-season is here. This situation is quite wild. A deadline for a collective bargaining agreement is rapidly nearing by month's end. Three-quarters of the players are set to become free agents. Additionally, two new franchises are joining. The Athletic
Lots of world leaders are on book tour right now. In addition to Kamala Harris and Sanna Marin, Angela Merkel has been making the rounds. Recently, she's been reflecting on whether there could have been a way to avoid Russia's invasion of Ukraine. Politico
ON MY RADAR
When your Hinge date is New York's mayoral frontrunner New York Times
How Las Vegas Aces coach Becky Hammon became architect of a WNBA dynasty The Athletic
One woman's quest to reclaim the ugly history of Black maternal health Mother Jones
PARTING WORDS
"If you’re trying to be perfect, if you’re trying to be balanced, you’re always going to fail in one area."
—Ouai haircare founder Jen Atkin on work-life balance
