This research-based chapter contributes to the literature on gender leadership and identity by examining how race, gender and class identities may bestow privilege or confer disadvantage in accessing leadership positions and enacting the role of leader. Black and Minority Ethnic (BME) and white women leaders in public and private sector organisations were interviewed to gather their reflections on how they defined leadership, how their identities as leaders had developed and how their personal identities had influenced their professional work. In addition to the women’s accounts, the researcher reflected on her own identity to enrich the data. This added diverse perspectives to our understandings of the nature of ‘whiteness’ through the project. The findings revealed that the concept of identity amongst the BME and white women leaders differed. The BME leaders explored aspects of identity; however, identity did not form part of the discussion with the white women leaders. Whiteness and privilege were a topic that emerged during the interviews with the women leaders. The perceptions of BME and White women leaders will be central to this analysis. The findings are evidence of the importance of notions of identity. These are more significant than perceptions of subordinacy.