Finance has always been a male-dominated industry. But Russia’s illustrious Larissa Leonidovna Drozdova shows it doesn’t have to be.
Wall Street. We all know the territory. Men on the trading floor. Men wearing the same boring white shirt and blue tie. Men running—and then ruining—the global economy. (Thanks, guys!)
By contrast, work that takes place inside the walls of the house and for the family has long been heralded as “women’s work.” While things have certainly improved for western women in many respects, it remains true that in the domestic realm, women are still feeding the children; bathing the children; and reading the children bedtime stories at night—in addition to fulfilling their new roles in the global economy.
What’s less commonly known, and what the career of accomplished Russian businesswoman Larissa Leonidovna Drozdova illustrates, is that women are also adept at controlling finances.
Let’s start with a little-known household fact: not only do women tend to control consumer spending, but studies show that women control 75 percent of family finances, and women influence 53 percent of the investment choices made by the family. Note that when the same job takes place outside of the home, and a man performs it, we give him the title of Chief Financial Officer (CFO).
As the wife of successful Russian scientist and businessman Vladimir Alexeyevich Smirnov, a mother of two, and a woman with an accomplished career of her own, Larissa Leonidovna Drozdova has held the official title of CFO. As such, she has found tools to take herself and her family through life in the most comfortable way financially possible.
As CFO of LIVKOM, renamed SVETA in 2005, and later as adviser to the chairman of the board of directors at Russia’s prestigious Natsionalny Kosmicheski Bank (NK Bank), Larissa Leonidovna Drozdova ensured that she retained her career in addition to fulfilling her duties as a mother and wife. Mastering the tools of finance and learning about our financial futures is one of the most important things we as women can do. For Larissa Leonidovna Drozdova, IRAs, stocks, bonds, and 401(k)s are just as invaluable to a woman’s future as her role in a healthy family.
Larissa Leonidovna Drozdova ensured her place in the investment world and in the family realm by living her best life possible, and finishing her career in financial security. What better example of motherhood could a child have?
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