The 10 Most Influential Business Leaders to Watch

طﺳوﻷا قرﺷﻟا ءﺎﻣﻋز The L E A D E R S A Decade of Transforma?on Women Influen?al Entrepreneurs Breaking Barriers in Tech The 10 Most Influential Business Leaders to Watch in AI Visionaries Influen?al Entrepreneurs Shaping the Future of Ar?ficial Intelligence Nitin Bhandari SVP & Head of Payit Digital Wallet First Abu Dhabi Bank VOL 02 | ISSUE 01 | 2025 Nitin Bhandari Transforming financial transactions into curated experiences www.themiddleleaders.com

“The function of leadership is to produce more leaders, not more followers.”

Pioneering Leadership: Shaping the Future of Business I Watch, spotlights trailblazers who are redefining industries, inspiring innovation, and setting new benchmarks for success. Editor’s n today’s fast-paced world, leadership is more than just decision-making—it is about vision, resilience, and the ability to drive meaningful change. The Middle east Leaders in this special edition of The 10 Most Influential Business Leaders to Desk From technology pioneers to finance moguls, these leaders share a common trait: an unwavering commitment to excellence. They are not just responding to change—they are shaping it. Whether it’s leveraging AI to revolutionize customer experiences, championing sustainability in corporate strategies, or fostering inclusive workplaces, these individuals exemplify what it means to lead with purpose. Each profile in this edition offers a glimpse into their journey—the challenges they overcame, the bold decisions they are making, and the impact they continue to create. As we navigate an era of disruption and transformation, their stories serve as powerful lessons in leadership, adaptability, and vision. We hope this issue inspires you, whether you’re an entrepreneur, executive, or aspiring leader. The future belongs to those who dare to innovate, and these influential figures are lighting the way forward. Happy Reading…. Preston B.

Cover story Nitin Bhandari CONTENTS 08 Transforming financial transactions into curated experiences PROFILES Jean-Paul 16 Leading the Way in AI for Sustainable and Efficient Solu?ons Anwar Panery & Jinal Sheth Transforma?ve Leadership in Supply Chain 24 16 and Procurement Articles 20 28 A Decade of Transforma?on Women Influen?al Entrepreneurs Breaking 20 Barriers in Tech AI Visionaries Influen?al Entrepreneurs Shaping the Future of Ar?ficial Intelligence

طﺳوﻷا قرﺷﻟا ءﺎﻣﻋز The L E A D E R S Company Name Featured Person Brief Editor-in-Chief Merry D'Souza Dubai Department of Economy and Tourism dubaidet.gov.ae Alkhaja is an influential leader with a strong focus on organizational growth and sustainability. Ahmed Alkhaja CEO Managing Editor Executive Editor Assistant Editors Preston B. Jenny F. Michael W. Andreas Bieringer Director Business Development & Commercial Masdar masdar.ae Bieringer specializes in business development and commercial strategies to enhance market presence Art & Design Director Associate Designer Visualizer David King Rosy Scott Angela Ruskin Collor is an accomplished professional with extensive experience in energy management, strategic development, and project execution, known for his leadership in the utility sector. TAQA Group taqa.com Andreas Collor Chief Operations Officer Senior Sales Managers Business Development Manager Brain Moody, Jack McDowell Nisar Mohammed Anwar P is a strategic leader with extensive experience in driving business growth and operational excellence. Jinal Shah excels in optimizing organizational performance through innovative solutions. KNOTS Anwar P | Jinal shah Managing Director | COO knotsonline.com Marketing Manager Sales Executives James M. Max Floyd Dubai Corporation for Tourism and Commerce Marketing dubaidet.gov.ae/en/ Kazim is recognized for his visionary leadership in the aviation sector. Issam Kazim CEO Technical Head Business Development Executives Jacob Smile Simon, Tom Paul Sacy is a transformative leader known for redefining organizational strategies and challenging the status quo. He is passionate about driving innovation and has specialist knowledge of AI for business. Jean-Paul Sacy Head of Middle East and Africa Wand AI wand.ai Technical Specialist Digital Marketing Manager . Dominique T. Irvin Wilson Nitin has a leadership experience of 25 years in driving digital transformation, corporate scale-ups, and strategy execution at leading Financial Services, Digital Payments and Telecom firms including First Abu Dhabi Bank, Standard Chartered Bank, Western Union, Vodafone M-Pesa and Reliance Jio. Research Analyst SME-SMO Executive Nitin Bhandari SVP & Head of Payit Digital Wallet First Abu Dhabi Bank bankfab.com Frank Adams Steve Rodrigues Database Management Technology Consultant Circulation Manager Stella Andrew David Stokes Robert Brown Alhashmi is known for his expertise in energy and utilities management, focusing on asset optimization TAQA Distribution taqadistribution.com Omar Alhashmi Chief Executive Officer sales@themiddleeastleaders.com February, 2025 Paul Griffiths CEO Dubai Airports dubaiairports.ae Griffiths has a proven track record in strategic leadership within the aviation industry. www.linkedin.com/company/the-middle-east-leaders/ Follow us on : www.facebook.com/themiddleeastleaders/ Dubai Department of Economy and Tourism dubaidet.gov.ae Fikry brings operational efficiency and leadership skills to enhance company performance. Tarek Magdy Fikry COO We are also available on : Copyright © 2025 The Middle East Leaders, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from The Middle East Leaders. Reprint rights remain solely withThe Middle East Leaders.

Nitin Bhandari COVER Transforming financial transactions into curated experiences STORY Nitin Bhandari SVP & Head of Payit Digital Wallet First Abu Dhabi Bank Our mission is to transform financial transactions into joyful moments by creating curated experiences.

The 10 Most Influen?al Business Leaders to Watch N itin Bhandari is an accomplished leader in the financial services industry. He is a Senior Vice President (SVP) and Head of Payit Digital Wallet at First Abu Dhabi Bank (FAB). He has over 25 years of comprehensive global experience with a reputation for driving innovation and digital transformation at several banking and financial services firms. His role at FAB positions him at the forefront of the UAE's digital financial services revolution, where he oversees the most prominent digital wallet in the region. The intersection of Telecoms and Finance took societal transformation to the next trajectory, reshaping how people interact with their money and financial institutions. Thus, it has had a profound impact on society, from increasing financial inclusion to enhancing the economic stability of households. The intersection of Telecoms and Finance has reshaped how people interact with their money and financial institutions, increased financial inclusion and enhanced the economic stability of households. Nitin was fortunate enough to be part of telecoms' evolutionary journey. He contributed to and witnessed its transformative impact. On the way, it dawned on him that creating more accessible and equitable financial systems can have a long-lasting influence on society. The journey that he started in India has since taken him to Europe, Southeast Asia, Africa and now the Middle East. Nitin’s career journey has been notable for successive significant leadership roles in top financial institutions. Before his appointment at FAB in December 2022, he served as Group Chief Information Officer at Access Bank Plc in Nigeria, where he was instrumental in transforming the bank's technology and enhancing its digital offerings. Previously, his experience as the Managing Director and Global Head of Digital Banking API and Open Ecosystem at Standard Chartered Bank solidified his ability to innovate banking solutions to suit the wide-ranging client base across global markets. Being part of this societal transformative journey, where he could contribute to transforming transactions into joyful moments leading to smiles, happiness, and pride for thousands of families, inspires him and gives him inner peace! Primary Responsibilities as SVP of Payit Digital at FAB He is an alumnus of the Indian Institute of Technology, Varanasi, with a B.Tech. with Honors in Computer Science and Engineering. His educational background helped him develop sound analytical and strategic thinking skills. He has applied these skills throughout his career to support the growth and operational excellence of the digital ecosystem. Payit is UAE's first fully featured digital wallet app, created by First Abu Dhabi Bank, with a vision to be the leading FinStyle brand for families and communities. “Our mission is to transform financial transactions into joyful moments by creating curated experiences,” adds Nitin. Nitin essentially sees Payit as a “bank agnostic” platform for everyday transactions designed to be used by anyone and everyone in the community. It is powered by “curated experiences”—that’s the keyword: experiences curated for humans with the comfort, ease, and convenience of digital. At Payit, Nitin oversees the digital ecosystem's profitability, growth strategy and partnerships. His vision is to build experiences that enable people to better manage their spending, saving, and borrowing needs. Payit aims to transform how customers engage with their finances in an increasingly digital world. Payit enables customers to pay for everyday goods and services across retail and e-commerce stores. It also allows customers to pay utility bills in UAE and internationally, pay educational institutions, avail micro-loans, make peer- to-peer payments, and transfer money digitally, direct from their devices, within the UAE and to other countries. Let’s delve deeper into his background and expertise. His Journey in Digital Transformation and Financial Services Nitin started his career in the telecom industry in 1996. “A mobile phone was an instrument of novelty in those days, and the Internet was almost non-existent! We have come a long way, where Telecoms, especially Mobile and the Internet, transformed the lives of Billions of people across the globe by eliminating information arbitrage and democratizing new business paradigms” says Nitin. Payit was the first in the country to launch such an innovative payment solution with a whole host of features introduced to the market. It was the first to launch a non- bank digital money transfer solution. It was the first one to launch QR-based payment solution and the first one to launch a digital banking app for the blue-collar segment. also It was also the first to launch a digital micro-lending proposition for the blue-collar segment.

Approach to Work-Life Balancing According to Nitin, he resonates work-life balance with that of Intermittent Fasting, an age-old paradigm followed across cultures to help maintain the equilibrium of body and mind and keep oneself healthy. He extends it to work-life balance. “At Payit, our customers and their convenience have been the center of all decision-making. This helps us drive innovation every day,” added Nitin. Cultivating High-Performance Through Empowerment and Inclusion Having lived in several countries and experienced multiple cultures globally, Nitin believes in two principles: " First, no two individuals are the same; and second, every individual does their best to give the most optimal performance under given circumstances!” “I try to keep myself away from work stress for 36 hours every week and use this time to indulge in food, movies, friends, or just watching ocean waves,” Nitin adds. It helps him maintain an equilibrium and makes him more productive for the remaining 132 hours of the week! Stay Ahead of Industry Trends and Technological Advancements He believes in harnessing individuals’ energies and performance for the larger purpose. On the ground, it translates into having a clear vision and roadmap for the team with every member knowing their purpose and contribution to the vision and roadmap. He also believes in creating a safe environment where every member feels comfortable recognizing their weakness and allowing others to demonstrate their strengths that complement their shortcomings. This leads to the point where every member can play on their strength rather than getting bogged down by their weakness, thus cultivating a sustainable, high- performance organization. He follows three simple strategies: Reading, Conversing, and Speaking. “I read several blogs, not just on technology but also on consumer and societal trends as the trends and technology are linked and impact each other,” says Nitin. It provides unparalleled insights. Secondly, he attempts to participate in several industry events, drawing inspiration from like-minded professionals. He does share his thoughts and perspectives at these events and never forgets to ask the audience for their insightful views. The PIC Framework: A Paradigm for Sustainable Product Innovation His Advice to Emerging Leaders Who Aspire to Drive Digital Transformation Nitin’s approach to product innovation can be summarized in Purpose, Intuitivity and Customer-centricity, PIC in short. “Why do we create products? Is it to get a paycheck at the end of the month, or is it because we believe in its larger purpose? To me, the belief is important; making oneself believe and making the larger organization believe in the purpose sustains the long-term momentum through lows and highs,” says Nitin. “The emerging leaders should internalize and believe in the larger purpose of digital transformation,” says Nitin. Digital transformation should never be considered an opportunity to digitize existing processes; instead, it should be considered an opportunity to deliver a better (sometimes new) business model that blends price, time, convenience and comfort. Contributions to Digital Transformation and Business Growth Secondly, he emphasizes on the intuitive usability of the product. The product's success does not lie in its use by engineers or specialists but by consumers of varied background. A product and its functions should be as intuitive as possible, and consumers should be able to use it without going through intricate jargon or guidebooks. At Reliance Jio, Nitin was crucial in launching India's largest digital payments platform. He was responsible for creating a robust digital ecosystem that serves over 400 million customers. His efforts included establishing strategic partnerships with payment aggregators and e- commerce platforms, facilitating rapid digital transaction growth. At Western Union, Nitin built digital cross border remittances business in dozens of countries across Asia and Asia Pacific. Thirdly, he says that consumer of the product should be at the center of decision-making be it price points, packaging,features or the complaint management. The intersection of Purpose, Intuitivity and Customer-centricity gives birth to sustainable revenue-accretive products. He says he has witnessed this paradigm play successfully every time in my nearly 30-year professional career. Firstly, no two individuals are the same; and secondly, every individual does their best to give in the most optimal performance under given circumstances!

I read a number of blogs, not just on technology but also on consumer and societal trends as the trends and technology are linked and impact each other. Nitin adds, “I would like to be seen as someone who created and institutionalized paradigms and sustainable experiences that outlive me.” His career reflects a strong commitment to leveraging technology for business transformation and growth. His leadership roles across multiple high-profile organizations underscore his expertise in driving digital initiatives that enhance operational efficiencies and promote financial inclusion and customer engagement on a global scale. His Aspirations for Payit Digital Wallet? He aspires to transform financial transactions into joyful moments by creating curated experiences. “We want Payit to be the means behind smiles, joy and pride of families and community, enabled by the comfort, ease, and convenience of digital,” stated Nitin. His vision is to be the number one FinStyle brand for families and communities.

The Most Influen?al Business Leaders to Watch Jean-Paul Leading the Way in AI for Sustainable and Efficient Solutions A Promoting Voter Engagement and Cultural Heritage rtificial Intelligence (AI) has emerged as one of the most transformative technologies of our time, redefining how industries operate and innovate. By automating intricate processes and enabling intelligent decision-making, AI cultivates exceptional advancements across sectors, from healthcare and manufacturing to finance and beyond. As AI technology becomes increasingly advanced, its importance lies in its ability to enhance operational efficiency and its potential to address societal challenges, optimize resources, and drive sustainable growth. Integrating AI into business and everyday life continues to unlock new opportunities for innovation and productivity, shaping a future where human and machine collaboration reaches new heights. Before joining Wand AI, Jean-Paul held leadership positions at various companies, including BakerHughesC3.ai, Lummus Digital, EY, DuPont Sustainable Solutions, and Celerant Consulting. These experiences, spanning diverse industries and domains, have been pivotal in shaping his identity as a transformation strategist and fueling his professional development. “Jean-Paul’s ability to blend human centric values with advanced technology has positioned him as a key influencer in the AI domain.” For the first 15 years of his career, he dedicated himself to helping clients overcome their challenges by building and leading teams of highly skilled consultants. However, with the rise of Artificial Intelligence (AI), he began to recognize the potential of technology to address those same challenges—often in even more sophisticated and efficient ways. This shift has enabled him to remain at the forefront of innovation while continuing to drive impactful transformations. Jean-Paul, Head of Middle East and Africaat Wand AI, drives this vision forward with a leadership approach deeply rooted in innovation, community building, and strategic transformation. His ability to blend human-centric values with advanced technology has positioned him as a key influencer in the AI domain. He challenges conventional norms by combining traditional methodologies with AI-driven advancements and creates pathways for meaningful change. Whether directing initiatives in diverse industries or nurturing resilient tech ecosystems, his efforts reflect a dedication to harnessing AI’s transformative power to make a lasting impact on people and businesses. Today, he is thrilled to leverage his expertise in AI to create meaningful change. His journey has been filled with key moments that have defined his approach and shaped his perspective. Here are some of the most notable: Global Transformative Programs Across Diverse Industries: Leading transformative initiatives in diverse locations worldwide—ranging from deep gold mines in South Africa and oil rigs in the North Sea to refineries in Ukraine, remote valleys in South Oman, hospitals in France and Beirut, paper factories in Finland, and petroleum terminals on Zirku Island—has provided him with a rich perspective on varied contexts. These experiences have honed his ability to disrupt the status quo, catalyze change, and foster sustainable growth by combining traditional methodologies like Lean Six Sigma with advanced, data-driven technologies such as AI, Machine Learning (ML), and Generative AI. Founding 42Beirut: A Coding School in Lebanon: To contribute to Lebanon's resilient tech ecosystem, • Wand AI is at the core of these advancements, a company dedicated to redefining the potential of artificial intelligence. Wand AI has developed innovative technologies such as its Cognitive Language Model (CLM), Autonomous Expert Agents, and Collaborative AI Workforce, setting new benchmarks in AI capabilities. Focused on enabling businesses to achieve unparalleled efficiency and innovation, Wand AI’s solutions are tailored to address intricate challenges while nurturing seamless human-AI collaboration. With a mission to transform industries and economies, the company is poised to shape the future of AI in the Middle East, Africa, and beyond. • Jean-Paul Head of Middle East and Africa Wand AI • Let’s explore Jean-Paul’s human-centric initiatives for AI advancements: 16 17 www.themiddleeastleaders.com | February 2025 | www.themiddleeastleaders.com | February 2025 |

Cognitive Language Model (CLM): The next breakthrough in language models, capable of planning, reasoning, personalizing, and critiquing itself. This means Wand AI can create AI systems that not only solve all business problems intelligently but also learn and improve over time. Autonomous Expert: Wand AI has developed a unique method to train AI agents. The CLM equips each Wand Expert Agent with specialized expertise, enabling them to excel in their respective domains. Collaborative AI Workforce: This technology allows AI agents to collaborate, brainstorm, debate, and work together on challenging tasks. This collaborative approach makes Wand AI’s solutions exceptionally comprehensive and adaptable. Engaging with Industry Stakeholders he initiated and supported the creation of 42Beirut, a coding school that annually trains 200 aspiring coders. This initiative equips young talents with in-demand skills and strengthens Lebanon’s burgeoning tech community. Being involved in this project has been profoundly fulfilling, underscoring his commitment to innovation and empowering future generations. • Promoting Voter Engagement with Innovative Initiatives: During the recent Lebanese legislative campaign, Jean-Paul actively participated in a Get Out The Vote (GOTV) initiative to promote awareness of cutting-edge approaches and technologies. This experience allowed him to connect and support remarkable individuals committed to strengthening civil society. • Co-authoring a Book on Saida’s History and Culture: Collaborating with his father to co-author a book about Saida, his Lebanese hometown, was an enriching experience that connected him to his roots. Spanning centuries—from the Crusades to the 21st century—the book explores the city's rich history, culture, and evolution. • Cultivating Alumni Communities for Collective Growth: Jean-Paul is passionate about building strong communities and making a positive impact. Through his alma mater, ESCP in France and ESIB in Lebanon, he actively engages with alum networks to cultivate collaboration and mutual growth. These connections have enabled the launch of shared projects, furthering innovation and reinforcing a sense of purpose among community members. • Jean-Paul actively promotes Wand AI's work and achievements to attract exceptional talent to the team. However, this is no easy task in today’s competitive market with the increasing buzz surrounding AI. As Michael Jordan wisely said, “Talent wins games, but teamwork and intelligence win championships.” With this principle in mind, his next focus extends beyond recruitment to ensuring effective collaboration and coordination among team members, ensuring that collective effort drives success. To stay at the cutting edge of AI and organizational transformation, Jean-Paul dedicates time each week to exploring and learning about the latest developments. He relies on high-quality resources, structured notetaking, and engagement with industry stakeholders. • Close communication with partners, customers, and thought leaders plays a crucial role in helping him understand emerging trends and the real-world challenges organizations face. This collaborative approach keeps him informed and ensures he stays connected to the practical applications of these advancements. • He also draws inspiration from the following precept from the movie A Bug’s Life: “First rule of leadership: everything is your fault.” This perspective reinforces his belief in accountability and ownership. Deflection and a lack of responsibility often result in organizational dysfunction, so he strives to model accountability at every level. Expanding Horizons and Persevering Wand AI’s Platform enables businesses to streamline core workflows and tasks using Wand AI’s agentic technology with high accuracy. Agents can escalate functions to humans, who can seamlessly support these processes when necessary. His lifelong motto has been to “embrace challenges, seek knowledge, expand horizons, and never give up.” This principle has guided Jean-Paul in driving meaningful change throughout his career, especially in the corporate world. He encourages emerging leaders to adopt this mindset, as it promotes resilience, adaptability, and a continuous drive for improvement—key qualities for achieving impactful results in any organization. By combining a focus on talent, collaboration, and accountability, Jean-Paul aims to create an environment where innovation thrives and every team member feels empowered to contribute to their fullest potential. This approach is ideal for managing intricate, high-value tasks while significantly enhancing productivity and efficiency. Strategies for Overcoming Change Resistance Establishing R&D Partnerships in the Region Jean-Paul is thrilled to be a part of this transformative journey and to spearhead Wand AI’s presence in Europe, the Middle East, and Africa (EMEA). Jean-Paul believes resistance to change is deeply ingrained in human nature, often resulting from discomfort with the unfamiliar. Recognizing this is the first step in effectively addressing it, especially within a corporate setting. Therefore, any successful approach to overcoming resistance must acknowledge this reality and build strategies that address the underlying concerns and hesitations. According to Jean-Paul, countries like the UAE, KSA, and Qatar are rapidly emerging as global hubs for AI investment and innovation, with an increasing ability to attract and nurture global AI entrepreneurs. Wand AI’s long-term vision for the Middle East is to actively contribute to this movement by establishing research and development partnerships with leading universities and research institutions across the region. The Middle East offers immense opportunities and unique challenges. The region boasts a youthful workforce, which presents potential for corporations across various industries. At the same time, it also faces challenges such as instability and integration intricacies. These experiences have shaped Jean-Paul’s approach to transformation, which is deeply human-centric while harnessing the immense potential of technology. He is always looking for opportunities to learn and grow. He is passionate about driving innovation, building strong communities, and driving change that is both impactful and sustainable. If his journey inspires others to embrace transformation and pursue bold ideas, he will consider that a success. Achieving Work-Life Balance Wand AI’s advanced AI technology is uniquely positioned to address these challenges while enhancing productivity and innovation for regional corporations. By building strong partnerships and understanding the specific needs of stakeholders, Wand AI is committed to tailoring its solutions to deliver maximum impact. The opportunity to contribute to the region's technological advancement and economic growth is a truly inspiring mission. At Wand AI, a world-class team of researchers from some of the most renowned labs globally has been assembled, pioneering advancements in secure, personalized, collaborative AI workforce technologies. Our efforts are focused on pushing the boundaries of collaboration between humans and AI, unlocking unprecedented productivity and the ability to master all tasks. This fusion of AI workforce capabilities with the unique creative capacities of human beings will be essential in enabling one of the most transformative eras in human history. One of the early promises of AI becoming a reality is its ability to enhance productivity. By effectively using AI technology, Jean-Paul has been able to carve out time for initiatives that are important to him, which has been incredibly rewarding. This has allowed him to make meaningful progress on causes he cares about while maintaining a healthy work-life balance. It ensures that he can give due attention to his professional responsibilities and personal life. Enhancing Business Efficiency with AI Jean-Paul is privileged to work for a company at the forefront of AI research and development.Wand AI is committed to creating reliable, safe, interpretable, and fast- growing AI technologies that can genuinely transform people’s lives. Promoting Team Collaboration and Coordination At Wand AI, the priority is recruiting and nurturing the top 1% of talent in the market. To achieve this, it’s essential to attract the right individuals and create an environment where they can stay, thrive, and excel. Jean-Paul’s leadership style is deeply rooted in facilitating this process. As a family man with two kids, a kitesurfing and cycling enthusiast, and someone passionate about “megahistory,” Jean-Paul finds balance by dedicating time to activities that energize and inspire him personally and professionally. Wand AI has established the world’s most advanced artificial workforce by developing three core technologies: 18 19 www.themiddleeastleaders.com | February 2025 | www.themiddleeastleaders.com | February 2025 |

A Decade of Transformation Women Influential Entrepreneurs Breaking Barriers in Tech T he current technological landscape experiences substantial transformation through women who lead change while creating new innovations to break industry barriers. Although they face historical underrepresentation the Influential Entrepreneurs continue to make substantial progress which inspires students of the next generation to pursue STEM studies. Paving the Way: Pioneers and Innovators Numerous skilled women have achieved high positions within the technology sector. Facebook COO Sheryl Sandberg and former YouTube CEO Susan Wojcicki demonstrate the highest level of technological leadership success. Through her leadership of Girls Who Code Reshma Saujani works to bridge the technological gender disparity. Through her non-profit organization Saujani supports young girls who will eventually enter the tech field thus disproving the misconception that technology belongs to boys only. Through her leadership of Bumble Whitney Wolfe Herd revolutionized online dating by restoring the power to initiate conversations to women which defied traditional gender norms. The success of these notable business leaders presents a wide range of capabilities available to the industry. Overcoming Challenges and Promoting Diversity The current scenario for women in tech remains significant, such as gender bias, lack of representation, and "imposter syndrome". Despite this, challenges have fueled the drive towards inclusiveness and diversity. According to research by McKinsey & Company, companies with top-quartile gender diversity are 21% more likely than their industry averages to have achieved above-average profitability. 20 21 www.themiddleeastleaders.com | February 2025 | www.themiddleeastleaders.com | February 2025 |

trailblazers alongside their proper recognition.s Conclusion Unique perspectives and ways of solving problems result from having women around to increase creativity and innovation. The presence of women in the industry will be fundamental when technology has evolved to respond to complicated issues worldwide and deliver a solution for different kinds of populations. Influential Entrepreneurs need recognition in terms of what they are accomplishing regarding ending gender bias. The technology industry has witnessed an impressive rise of female professionals who break through the traditional barriers of leadership roles during the past ten years. Women including Sheryl Sandberg and Susan Wojcicki together with Rachana Kumar and Melanie Perkins actively participate in the technology field while constantly creating new solutions for the industry's future direction. The situation remains positive despite persistent gender bias along with insufficient inclusion of female leaders in technology. The successful display of female leaders in tech together with modern initiatives from groups like Women Who Code and AnitaB.org have reshaped current conditions. The Rise of Women in Tech Leadership A few women have been successful in leadership positions in the tech industry, exhibiting a great deal of expertise and vision. The fact that Rachana Kumar is a Chief Technology Officer for Etsy speaks to developing talents and diversity within tech companies that will help more women take their place in leadership. Kate Crawford, principal researcher at Microsoft and a co-founder of the AI Now Institute, helps shape the language around ethical AI, advising policymakers worldwide on ethical implications in AI. The presence of strong role models together with efforts to encourage upcoming female students into STEM careers will establish an inclusive and diverse technology industry. The achievements of these women prove that women possess significant potential in technology and establish an environment where talent and innovation will not be limited by gender. The ongoing success of women in the technology field depends on sustained backing for Melanie Perkins, co-founder and CEO of Canva, is the true entrepreneur spirit behind Canva and its journey into unicorn status with its influence being felt around the world. Such women show what it is to be influential entrepreneurs in the modern tech world. طﺳوﻷا قرﺷﻟا ءﺎﻣﻋز Initiatives and Support Systems The Organizations such as Women Who Code, AnitaB.org, and the Grace Hopper Celebration connect women, allow them to share experiences, and support one another in a belief of belongingness and empowerment. Educational initiatives for young girls are also important through coding boot camps, STEM clubs, and scholarships, which give them early interest and confidence in technology. Increasing numbers of Influential Entrepreneurs show how these initiatives pay off. L E A D E R S Role Models and Inspiration Role models and representation matter. Providing youngsters with successful women in tech inspires young girls to pursue their passion and believe that they, too, can make it. When the talents and stories of women in tech are brought forward, a more-inclusive narrative is shaped that encourages more women to enter and climb to the tops in this industry. Studying the experience of Influential Entrepreneurs helps mold the career path. Subscribe to The Middle East Leaders Your Gateway to a world of Knowledge and Creativity! 22 www.themiddleeastleaders.com | February 2025 |

The 10 Most Influen?al Business Leaders to Watch Anwar Panery & Transformative Leadership in Supply Chain and Procurement Jinal Sheth I Jinal Sheth Chief Opera?ng n the dynamic world of modern business, where innovation and strategy converge, KNOTS Group stands as a beacon of transformation. At the heart of this transformative journey are two visionary leaders, each bringing a unique blend of expertise and dedication. with industry giants like Adidas, Al Shaya, IKEA, Splash, and Landmark, he witnessed firsthand how supply chains ensure seamless business and last-mile delivery. Officer KNOTS Group Reflecting on his journey, Anwar emphasizes, “Each milestone taught me the importance of adaptability, resilience, and collaboration in navigating the complexities of the retail industry. He understood the paramount importance of customer satisfaction.” These experiences solidified his commitment to building supply chains that are efficient, agile, and customer centric. The expertise of Anwar Panery, the Chairman of Knots Group is in project management and business development, which has guided the company into new frontiers. A visionary with a strategic mind and an action-oriented leadership approach, Anwar has played a key role in developing the initiatives at KNOTS. He has the acumen to develop strategic partnerships and negotiate complex market dynamics that have made the company a pioneer in the industry. Jinal’s career evolved from tactical buying to strategic sourcing, driven by her efforts to optimize procurement practices during her tenure at Suzlon Energy and Acme Group. Confronting fragmented processes and limited stakeholder collaboration, Jinal and her team implemented consolidated strategies using auction platforms and analytics to centralize and streamline procurement. Jinal Sheth, Chief Operating Officer of KNOTS Group, embodies the spirit of strategic precision and operational excellence. With about 15 years of business transformation and strategic development, Jinal has consistently been at the forefront in pushing organizations in the manufacturing, real estate and retail industry to discover areas with untapped potential for growth. Through her stints in multiple large and reputed organizations across sectors, within few years, she has become a trusted advisor in the business sector for actionable insights. She has a knack for making streamlined solutions to complicated problems and challenges that have made her a renowned and inspirational leader for confidence-building and progress. Anwar Panery Chairman KNOTS Group Her innovative approach—securing better terms through multi-vendor negotiations, product sampling, and economies of scale—achieved cost efficiencies of over 30% while mitigating operational risks and ensuring transparency. At Landmark Group, Jinal expanded these principles across geographies, leading indirect procurement projects across multiple brands. This role demanded strategic foresight and the ability to align diverse teams and stakeholders across regions. “This transition shaped my leadership approach, focusing on innovation, alignment, and risk management,” Jinal explains, underscoring her dedication to creating a procurement culture that drives agility, aligns with business goals, and ensures sustainable growth. sustainability. ““ Together, Jinal and Anwar epitomize the ideal synergy of strategic foresight and operational excellence, which positions KNOTS Group at the very forefront of innovation in their industry. Leadership inspired by Jinal and Anwar not only motivates their team but also sets a benchmark for the transformative potential of collaboration and vision. At KNOTS, Jinal and Anwar are focused on building a technology enabled ecosystem that emphasizes agility and The journey of Anwar and Jinal highlights the transformative potential of supply chain management and strategic sourcing as essential drivers of any business. Redefining Business with Supply Chain and Sourcing Excellence Staying Ahead in the Advancing Industry Anwar’s passion in Business stems from deep knowledge in supply chain management with its dynamic and interconnected nature, particularly in retail, where it serves as the backbone of operations. Early in his career, working Staying ahead in a dynamic retail environment requires staying relevant by continuous learning, technological adoption, and strong partnerships. Anwar keeps himself updated on global trends and emerging technologies by 24 25 www.themiddleeastleaders.com | February 2025 | www.themiddleeastleaders.com | February 2025 |

engaging with industry forums and experts. For example, at Knots Group, he attends industry and retail events and is part of active business groups to consistently explore solutions to enhance business practices. Introducing strategic innovation requires careful change management. When rolling out a new POS system, clear communication and phased implementation ensured smooth adoption across stores. Teams were equipped not only with technical know-how but also with an understanding of how these tools elevated their roles and improved customer experiences. rework by 20%, and enhanced product delivery. Similarly, at Knots Group, engaging vendors in seasonal planning ensured better alignment and market success. beyond cost savings, fostering efficiency, mitigating risks, and enabling growth. Every decision should align with the bigger picture.” Clear communication is a cornerstone of her strategy. Retail’s complexity demands cross-functional collaboration, especially during major sales events. Coordination between finance, supply chain, and sales teams ensured seamless execution of promotions, maintained stock availability, and elevated customer satisfaction. Internally, cultivating trust among teams underscores shared objectives, fostering a culture of collaboration that meets dynamic market demands. These practices highlight the integral role of procurement and supply chain in driving organizational growth, efficiency, and customer-centric success. She adds, “Continuous learning is key to staying ahead. Mastering tools like ERP systems, leveraging AI analytics, or adopting sustainable practices can be transformative. Certifications and diverse roles further enhance your skills and open new opportunities.” “Technology is a cornerstone of my approach.” says Anwar. He has worked extensively with varied tools for real-time inventory tracking, advanced ERP and analytics for demand forecasting, and shared platforms for enhancing transparency. For instance, at Splash, implementing data driven analytics he improved stock replenishment accuracy, reducing stockouts and overstocks. Balancing these priorities at KNOTS Group enables them to deliver operational excellence today while staying agile and future-ready, ensuring their continued leadership in the evolving retail landscape. “Adaptability is crucial in today’s dynamic business environment. Flexibility in navigating challenges, such as supply chain disruptions or shifting customer demands, sets you apart. Building strong relationships with teams, suppliers, and stakeholders fosters collaboration and long- term success. Active networking and participation in industry forums strengthen connections and create value,” quotes Jinal. Approach to Leadership and Decision Making Additionally, building strong relationships with vendors and stakeholders has been pivotal. At Knots Group, fostering collaborative partnerships with suppliers allows them to navigate logistics challenges effectively, ensuring uninterrupted product flow to stores. Managing diverse teams requires cultural sensitivity, inclusivity, and clear communication. At Ikea, Al Shaya and Landmark Group, where teams were spread across multiple countries, Anwar focused on building a culture of trust and empowerment. Ensuring every team member felt valued, regardless of their location, was key to fostering collaboration. Exploring the Future of the Supply Chain Industry According to Anwar the future of business and supply chains, particularly in retail, lies in three areas: digital transformation, sustainability, and collaboration. Overcoming the Adversities Leaving a Legacy of Value and Innovation “Balancing operational efficiency with strategic innovation is vital in dynamic industries like retail, where customer expectations evolve rapidly. At KNOTS Group, this dual focus has been instrumental in navigating market complexities while ensuring seamless operations.” says Jinal. Jinal and Anwar’s goal has always been to elevate procurement and supply chain from transactional roles to strategic pillars of business. At many companies of varied sizes, she implemented strategic sourcing frameworks that consolidated processes, mitigated risks, and leveraged economies of scale. By fostering strong partnerships with vendors and internal teams, she has driven efficiency and innovation across many geographies and brands, ensuring procurement aligns seamlessly with business goals. AI and machine learning will continue to revolutionize demand forecasting and inventory management. For example, integrating predictive analytics at Landmark enabled data-driven decisions that improved fulfillment accuracy. Blockchain will enhance transparency and traceability, ensuring ethical sourcing and better supplier accountability. When making decisions, Anwar relies on a mix of data- driven insights and team feedback. For example, during a large-scale inventory realignment project at IKEA, he held cross-functional discussions to gather insights from local and international teams. This approach ensured decisions were well-rounded and addressed regional challenges effectively. To balance operational efficiency at Knots Group, Jinal led initiatives to optimize inventory levels, reducing overstock by 33% through advanced demand forecasting tools that integrated real-time sales data. Green supply chains are becoming non-negotiable as businesses align with environmental goals. At IKEA and Splash, Anwar was involved in projects focused on optimizing transportation routes to reduce carbon footprints. Such initiatives are critical for creating sustainable operations. At KNOTS, their focus is on building a technology-enabled ecosystem that emphasizes agility and sustainability. Initiatives like advanced ERP systems and micro- warehousing exemplify this vision. Jinal aspires to mentor professionals to view challenges as opportunities. By championing collaboration, resilience, and innovation, Anwar hopes his legacy will inspire transformation and meaningful impact across industries. “Encouraging open dialogue has been central to my leadership style.” says Anwar. Whether leading a logistics team in Dubai or working with suppliers in Europe, Anwar has found that inclusive decision-making not only fosters innovation but also drives alignment toward shared goals. However, efficiency is not solely about processes; it’s about agility. During disruptive periods, such as the COVID-19 pandemic, exploring alternative logistics networks and onboarding local vendors ensured continuity and minimized risks in one of the key projects she has been part of. This adaptive approach strengthened operational resilience while maintaining customer trust. Ensuring Transparency and Collaboration Furthermore, Seamless communications between internal teams and external partners are vital. Implementing shared digital platforms at Knots Group improved collaboration across departments, ensuring better alignment and adaptive supply chain ecosystems. Transparency and collaboration are essential for positioning procurement and supply chain as strategic enablers within an organization. Jinal’s approach emphasizes leveraging technology, fostering strong relationships, and ensuring clear communication to drive value across the ecosystem. “Innovation in retail involves rethinking delivery models and enhancing customer experiences.” says Jinal. At KNOTS Group, the implementation of micro-warehousing and advanced ERP systems has significantly improved inventory visibility and order accuracy. For instance, when upgrading ERP systems, early stakeholder engagement and comprehensive training ensured a 95% adoption rate, facilitating faster order fulfillment and enhanced customer insights. Advice for Young Professionals By integrating digital platforms, her teams achieve real- time visibility into stock levels through shared inventory systems. This transparency aligns store teams, warehouse staff, and suppliers, reducing errors and improving product availability for customers. Strategic partnerships also play a pivotal role. Involving vendors in early design discussions, as Jinal did at Acme Group, streamlined processes, reduced Jinal shares valuable pearls of wisdom that she considers important for the young professionals who aspire to excel in procurement, supply chain or operational roles. She shares, “Success in any role requires strategic thinking and understanding how your contributions drive organizational goals. In industries like manufacturing, retail, and real estate, functions like procurement and supply chain go 26 27 www.themiddleeastleaders.com | February 2025 | www.themiddleeastleaders.com | February 2025 |

AI Visionaries Influential Entrepreneurs Shaping the Future of Artificial Intelligence T edge technologies but also changing the way business’s function. These entrepreneurs are pioneering the use of AI in numerous sectors, including healthcare and finance, and their impact is molding the future of this revolutionary technology. This article delves into some of the most powerful entrepreneurs in AI and their role in the industry. he terrain of artificial intelligence (AI) is changing at a very fast pace, thanks to innovative entrepreneurs who are not only creating cutting- Jeff Bezos: Visionary Who Led Amazon to AI Innovations Amazon's founder, Jeff Bezos, has been a key player in adopting AI in business processes. His perception that machine learning has the capability to improve any organization is evident in Amazon's widespread adoption of AI technologies. From the creation of Alexa, which uses natural language processing to enhance customer experience, to sophisticated algorithms that enhance inventory management and product suggestions, Bezos has set Amazon up as a front-runner in AI adoption. He believes that AI is cracking challenges that were once science fiction, opening doors for breakthroughs like autonomous cars and AI-created art. Reid Hoffman: Embracing Human-AI Partnership LinkedIn co-founder Reid Hoffman is a strong believer in using AI to complement human imagination and not replace it. He insists that AI must be considered as a productivity tool that boosts innovation and efficiency across sectors. In different conversations, Hoffman has emphasized the need for balancing human creativity and AI capabilities, 28 29 www.themiddleeastleaders.com | February 2025 | www.themiddleeastleaders.com | February 2025 |

proposing that companies must give serious consideration to how they adopt AI solutions in order to reap maximum benefits and avoid disruptions. His ideas prompt companies to embrace ethical principles that inform their application of AI technologies. making AI more accessible to startups and entrepreneurs. As an investor and advisor, she works to demystify advanced AI concepts and enable others to innovate in this area. Miller's effort is to stress the significance of mentorship and education in shaping a new breed of AI entrepreneurs that will be capable of weathering the challenges this fast-evolving field poses. Marc Benioff: Ethical AI for Business Transformation The Future Landscape: Opportunities and Challenges As the co-founder and CEO of Salesforce, Marc Benioff has also been outspoken on the ethical aspects of AI in business. According to him, businesses need to do extensive research before adopting AI systems and emphasizes the importance of a human touch in technology. Benioff supports the use of AI to automate processes but ensuring that it brings value without sacrificing quality. His vision for building an ethical system for AI implementation is shared by most leaders in the technology sector who are facing the same dilemma. Their impact goes beyond their respective firms; they are determining the future business landscape by their support for ethics, innovation, and harmonious coexistence of humans and machines. As technology advances in AI, it holds opportunities and threats for entrepreneurs: Opportunities: Entrepreneurs have the opportunity to utilize AI to minimize costs, improve decision-making processes, and design innovative products to address emerging market demands. Challenges: The speedy rate of technology development poses ethical questions about job loss and personal data protection. Entrepreneurs have to face these challenges in pursuit of sustainable growth. • Melanie Perkins: Democratizing Design with Canva • Canva co-founder Melanie Perkins is democratizing design using AI by making it available to everyone. With her at the helm, Canva has incorporated AI tools that streamline graphic design workflows so that anyone can create professional-grade designs without needing extensive training. Perkins' mission is to enable people and companies by democratizing design tools, demonstrating how AI can improve productivity and creativity across industries. Her strategy represents how entrepreneurs can leverage AI to develop easy-to-use solutions that appeal to a wide range of people. Conclusion The destiny of artificial intelligence is being directed by visionary entrepreneurs who are aware of its ability to transform society and business. The likes of Jeff Bezos, Reid Hoffman, Marc Benioff, Melanie Perkins, Gary Vaynerchuk, and Allie K. Miller are at the forefront of shaping a world where AI supplements human strength and not takes over. With continued innovation and lobbying for prudent application of technology, their efforts will surely contribute to shaping how companies leverage artificial intelligence in the coming years. Gary Vaynerchuk: Marketing Innovator Adopting AI Gary Vaynerchuk is well-known digital marketer who actively advocates for the adoption of AI in marketing. He is convinced that technologies such as ChatGPT are revolutionizing the way businesses interact with their customers and market their goods. Vaynerchuk wants entrepreneurs to open up to such technologies to spice up their marketing and remain in the game within a constantly shifting digital environment. His observations expose the possibilities that AI has for changing the classic marketing approaches to more personalized and efficient customer contacts. Allie K. Miller: The AI Whisperer Previously at Amazon and now a successful entrepreneur in her own right, Allie K. Miller is known for her work in 30 www.themiddleeastleaders.com | February 2025 |

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The 10 Most Influential Business Leaders to Watch

The 10 Most Influential Business Leaders to Watch

Presentation Transcript

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