Los Angeles: Oscar-winning actress Cate Blanchett will be the 12th woman to lead the jury of the prestigious Cannes Film Festival.

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The officials of the festival announced the news on Wednesday, reports variety.com.

The actress will preside over the competition for the fest's 71st edition, which will take place from May 8-19.

"I have been to Cannes in many guises over the years; as an actress, producer, in the marketplace, the gala-sphere and in competition. But never solely for the sheer pleasure of watching the cornucopia of films this great festival harbours," Blanchett said in a statement.