America's Best Leaders by U.S. News & World Report. Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. Nooyi was named to Institutional Investor'''s Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been pushed to the second spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan.Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018.Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. In 2021, Nooyi was inducted into the National Women's Hall of Fame. In 2022, Nooyi was honored with Golden Book Awards. Memberships and associations Nooyi is a Successor Fellow of the Yale Corporation. She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts. She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U.S.-India Business Council. Nooyi serves as an Honorary Co-chair for the World Justice Project. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity. From April 2015 until April 2020, she was a director of Schlumberger Limited. In