Mohamed Seghir
,, Successful CEOs are those who have the ability to inspire and motivate others, to build strong teams, and to lead by example. - Cyril Ramaphosa
Creds Editor in chief Managing Editor Executive Editor Visualizer Art & Design Head
Merry D'Souza Preston Bannister Eva Miller Michael Warner Donna Claus
Co-designer
Yasmin Nasser
Business Development Manager
Sherin Rodricks
Marketing Manager Business Development Executive Digital Marketing Manager Technical Head Research Analyst Circulation Manager
Jenny Jordan Reem Almasoud, Sheldon Miller Isabel Barnes Phil Simon Helena Smith Finn Wilson
[email protected]
January, 2024 Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email:
[email protected] For Subscription: www.insightssuccess.com
Follow us on :
www.facebook.com/insightssuccess/
www.twitter.com/insightssuccess
We are also available on : RNI No.: MAHENG/2018/75953 Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., 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 Insights Success. Reprint rights remain solely with Insights Success.
Featuring
Company Name
Descrip on
Bas en Blanc CEO
TroKadero Hospitality Global tkh.global
Bas en oversees the hotel management, asset management, advisory, and real estate services of our holis c hospitality partner company.
Fawaz Abdulqader CEO
InLogic IT Solu ons LLC inlogic.ae
With a focus on the growth of business and client sa sfac on fawaz is commi ed to delivering high quality services helping the clients grow their business through strategic so ware development.
Firas Habbal CEO
Geminos Group geminos.ae
As the leader, firas' strategy is to shi to higher margin technologies and match the evolu on of advanced technology solu on.
Issam Wadi CEO
Trust Technical Services LLC trutech.ae
Experienced Chief Execu ve Officer with a demonstrated history of working in the Energy sector, engineering, project execu on, technology & informa on systems, with focus on Oil & Gas.
Krishnan Ramachandran CEO
Barjeel Geojit Financial Services LLC barjeel.ae
Krishnan leads BGFS, a financial intermediary company offering a wide range of services, which include stocks & shares, mutual funds, commodi es, forex trading etc. from all the major financial markets of the world.
Mohamed Seghir CEO
HAYAH Insurance hayah.com
Mohamed's focus has been on driving innova on across various sectors such as reinsurance, pension, life insurance, financial planning, bancassurance, and Takaful in the MENA region.
Nairouz Bader CEO
With over 25 years of experience in execu ve search, board development, and interna onal growth, Nairouz leads Envision envisionpartnership.com Partnership, a cer fied woman-owned business enterprise. Envision Partnership
Renoy Kundukulam CEO
FinMark Capital Limited finmark.ae
Renoy is a seasoned banker with 25 years of experience across ver cals like Private Banking, Wealth Management, Branch Banking, Retail Assets & Liabili es and Marke ng.
Suhail Qazi CEO
Golden Eagle Insurance Brokers geinsurance.ae
With over 20 years of senior management experience in the insurance industry, Suhail has demonstrated excep onal leadership and strategic exper se.
MySafe Global Vaults mysafe.ae
A Global Entrepreneur focused on innova on and poten al for exponen al growth, Terry is the CEO of Dubai based "MySafe Global Vaults", a "World's First" Automated, Insured, Convenient Safe Deposit Box Group with mul ple Automated safe deposit box centers across the UAE and East Africa.
Terry Downes CEO
I
n the bustling landscape of the United Arab Emirates (UAE), where innova on and entrepreneurship converge, iden fying visionary leaders is paramount. As the UAE con nues to solidify its posi on as a global business hub, the role of CEOs in shaping the country’s economic trajectory cannot be overstated. In this edi on, we shine a spotlight on the Top 10 OUTstanding CEOs to Follow in UAE, individuals whose leadership acumen and forwardthinking approach have propelled their organiza ons to remarkable heights. These chief execu ves represent a diverse array of
from technology and finance to Visi industries, healthcare and hospitality. What unites on them is their unwavering commitment
Shaping UAE ’ ies s ar
to excellence, innova on, and corporate responsibility. Their leadership goes beyond driving profits; it encompasses fostering a culture of inclusivity, sustainability, and societal impact.
In a region known for its dynamic business landscape, these CEOs stand out for their ability to navigate complexity, adapt to change, and seize emerging opportuni es. They are trailblazers, spearheading ini a ves that drive growth, foster talent, and contribute to the overall development of the UAE.
e tur Fu
From implemen ng cu ng-edge technologies to championing sustainability and diversity ini a ves, these leaders are at the forefront of shaping the future of business in the UAE. Their leadership serves as an inspira on not only to their respec ve industries but also to aspiring entrepreneurs and leaders across the country. By highligh ng their accomplishments, we aim to celebrate their contribu ons to the UAE’s business landscape and inspire others to emulate their success.
C C O V E R S T O R Y
08 Mohamed Seghir Harnessing the Power of Finance, Technology, and Human Ingenuity
T
T S 18 BASTIEN BLANC Crafting Remarkable Hospitality Experiences
L
I
S
22
G T
I
N
DR NAIROUZ BADER Cultivating a Culture of Collaboration, Creativity and Growth
30 TERRY DOWNES
I
L
Navigating Leadership in Security with Innovation
S
L
G T
S
I
G T
I
N
L I S T I N G S
A R T I C L E S
34 MORE THAN NUMBERS CEOs Dening Success Through Service and Uplifting Communities
A
R
T
I
C
L
26 E
I
N
B E YO N D P R O F I T The CEOs Reshaping the UAE through Visionary R Impact Efforts A
T
I
C
L
E
Mohamed Seghir Harnessing the Power of Finance, Technology, and Human Ingenuity
,, While embracing innova on and technology, it is important to not forget the importance of personal interac on. The insurance industry is ready for a change and presents great poten al for those who are brave enough to challenge the current norms and introduce fresh ideas.
,, C O V E R
S T O R Y
Mohamed Seghir CEO HAYAH Insurance
Top 10 OUTstanding CEOs to Follow in UAE
,,
Disrupting the Traditional Insurance Landscape with Digital Technology and Unmatched Customer Experiences!
I
n a world where uncertainties abound, there are individuals who dedicate themselves to mitigating risks and providing a sense of security.
Meet Mohamed Seghir, CEO at HAYAH Insurance, an accomplished actuary who is one such luminary reshaping the insurance sector with his visionary outlook and passion for leveraging technology. With his keen understandin of risk management and unwavering belief in the transformative power of insurance, Mohamed Seghir has emerged as a driving force behind the industry’s evolution. His interest in the intricate workings of the financial realm, particularly in the insurance sector, began at a young age. As an actuary, he was captivated by the challenge of understanding risk and developing effective strategies to manage it. Insurance, to him, goes beyond being just a business; it represents security and peace of mind, empowering individuals to navigate life’s uncertainties with confidence. He envisions a future where insurance becomes a transformative force in people’s lives by embracing the convergence of finance and technology. He believes that integrating advanced technologies such as artificial intelligence, data analytics, and blockchain can revolutionize the insurance industry, making it more accessible, transparent, and personalized. His commitment to making insurance accessible to all is central to his philosophy. Mohamed Seghir aims to break down barriers, simplify processes, and tailor insurance solutions to individual needs through innovative technologies. By leveraging advanced risk modeling techniques, he strives to provide comprehensive coverage that accurately assesses risks. His ambition is to create an inclusive insurance landscape that serves those who have been traditionally underserved. Mohamed Seghir also recognizes the broader impact of a robust insurance sector. He envisions a society where financial stability promotes economic growth, enables entrepreneurship, and supports communities during times of crisis. His vision combines technology and human ingenuity to make insurance a catalyst for progress and security. With his deep understanding of risk, belief in technology’s power, and dedication to empowering individuals and societies, he is leading the transformation of the insurance
To remain innova ve and visionary, it is essen al to stay up-to-date with industry trends, adopt emerging technologies, and foster a culture of con nuous learning and experimenta on within the team.
,, sector. He is reshaping the future of insurance through innovation and unwavering vision. Join us as we step into the world of Mohamed Seghir, exploring the boundless possibilities he envisions for the insurance sector and the transformative impact his ideas can have on the lives of millions! The Visionary Mohamed Seghir, an actuary by profession, has always been intrigued by the complexities and subtleties of the financial realm, especially in the insurance industry. The task of comprehending risk and devising methods to handle it was what enticed him toward this sector. He believes that insurance is not just a mere business but a means to offer security and peace of mind to people, and this is what drives him. Additionally, he is fascinated by the fusion of finance and technology and the potential they possess to provide value to individuals and societies. The insurance industry can innovate with technology, making insurance more accessible, transparent, and customized to individual requirements. HAYAH Insurance The journey of HAYAH Insurance began in 2008 as Green Crescent with a clear mission of making insurance uncomplicated. They have remained steadfast on that path ever since. The brand came into existence with a vision to revolutionize the conventional insurance industry by leveraging digital technology to provide exceptional customer experiences. The chance to streamline complex procedures, deliver customized insurance solutions, and foster financial inclusivity was too tempting to overlook. Their goal was to create an insurance company that prioritizes a digital-first approach and puts the customer at the forefront of all their endeavors.
,, For those aspiring to enter the insurance industry, it is recommended to priori ze customer sa sfac on, u lize technology, and support financial inclusion.
,,
Customer-centricity and Innovation
Mastering Intricate Transformation
As the head of HAYAH Insurance, his responsibility encompasses providing guidance on strategy, promoting an innovative culture, and guaranteeing the delivery of firstrate digital insurance solutions. The secret behind their triumph is their customer-focused philosophy. Their resolute dedication to financial inclusion, innovation, and customer-centricity has cemented their position as a trustworthy contender in a competitive industry. By prioritizing a digital-first approach, simplifying insurance, and attentively listening to their customers, they have established themselves as a dependable force in the market.
For intricate transformation endeavors, a distinct sight, robust guidance, and a squad that is amenable to alterations are imperative. The strategy to tackle such projects includes defining unambiguous objectives and instilling a milieu that stimulates novelty and welcomes modifications. Effective communication plays a pivotal role in the success of such projects. It is vital to make sure that everyone comprehends the vision and their part in accomplishing it. Additionally, it is recommended to utilize technology and data analytics to facilitate decision-making and supervise advancement. Role of Actuaries
Global Insurance Insights Having the opportunity to work in various regions throughout Europe and the Middle East has provided him with valuable experience. This exposure has allowed him to develop a wide-ranging viewpoint of the global insurance market, comprehend varying cultures and commerce procedures, and equip him with the skill to adjust to distinct market demands. His experience in different regions has enabled him to understand the distinct requirements and inclinations of varied customer segments, as well as comprehend how technology can be utilized to effectively address these needs. Proactive Learning and Practical Experience Mohamed Seghir understands that ongoing learning is essential for achieving expertise. Having worked in various roles and sectors of the insurance industry, he has gained expertise in different fields thanks to his proactive approach to learning and years of practical experience. By continuously learning and actively participating in industry forums and discussions, he has been able to expand his knowledge in diverse areas. His main priority has always been to comprehend the complexities of these fields and find creative solutions to provide value to customers. Promotes Growth and Innovation In MENA, he plays an active role in the industry by participating in seminars, training sessions, conferences and writing articles. These activities provide him with opportunities to learn from others, acquire new perspectives, and stay up-to-date with industry trends. He strongly believes in sharing knowledge and insights to promote growth and innovation across the industry. Additionally, he advocates for the importance of financial inclusion and literacy, recognizing their crucial role in advancing economic development and prosperity.
As artificial intelligence and big data become prevalent, the role of an actuary is expected to transform considerably. Actuaries will not only be responsible for crunching numbers but will also act as strategic advisors. They will increasingly rely on advanced analytics and machine learning techniques to make predictions and decisions. To remain innovative and visionary, it is essential to stay up-todate with industry trends, adopt emerging technologies, and foster a culture of continuous learning and experimentation within the team. Power of Transformation The chance to become part of AXA Green Crescent, later rebranded as HAYAH Insurance, offered an intriguing opportunity to contribute to the development of the insurance industry in the region. Mohamed Seghir’s interest in the company grew even stronger as it underwent a transition from being a subsidiary of a global brand, AXA, to an independent entity with ambitious goals. The potential to reshape the company and lead its transformation into a dynamic, customer-focused, and digitally-oriented insurer was a major factor in accepting the role of CEO. Navigating the Rebranding Journey The transition from AXA Green Crescent to HAYAH Insurance posed unique challenges. One of the primary obstacles involved managing the rebranding process, which included maintaining the trust and loyalty of existing customers while attracting new ones. The company overcame this by effectively communicating with customers and consistently providing high-quality service throughout the transition. Furthermore, they faced the challenge of establishing a new brand identity and vision for HAYAH that aligned with its newfound independent status and the evolving needs of its customers.
However, they successfully tackled this challenge by creating a youthful, vibrant, and colorful brand that reflected their commitment to innovation, simplicity, and customer-centricity. Bold Rebranding and Cutting-edge Products HAYAH Insurance has achieved impressive accomplishments, with one notable achievement being its successful rebranding in 2022. This rebranding went beyond just altering its name and logo, as it entailed a comprehensive transformation of every facet of its business, including its corporate culture and product lineup. They have introduced a selection of innovative insurance products that are tailored to meet the changing demands of their customers in the digital age. Furthermore, their data analytics capabilities have undergone significant enhancements, resulting in the delivery of more personalized and streamlined services. Transformation Through Thought Leadership Throughout their transition and rebranding, they have consistently made contributions to seminars, conferences, and publications within the insurance industry. By sharing their own journey and the valuable lessons they have learned, they have engaged in a meaningful dialogue that has helped to cultivate thought leadership. As a result, they have inspired other organizations to embrace change and harness the power of digital innovation. Digital Excellence HAYAH Insurance sets itself apart from its competitors by prioritizing the needs and preferences of its customers while also embracing a digital-first approach. The company’s energetic and youthful brand represents its dedication to simplifying the insurance process and making it more attractive and accessible, particularly to the younger generation. Through a successful rebranding and subsequent transformation, HAYAH Insurance has become a prominent player in the insurance market of the UAE, providing a distinctive combination of digital convenience, innovative products, and personalized customer experiences. Future of Insurance In order to stay at the forefront of the insurance industry, HAYAH maintains a constant vigilance over trends and developments within the industry as well as the broader technological landscape. Having successfully transitioned from a traditional insurer to a digital-first company,
HAYAH possesses the necessary adaptability and innovative mindset to quickly adjust to changes. The organization fosters a culture of continuous learning and actively employs data analytics to gain valuable insights into customer behavior and market trends. Furthermore, HAYAH actively participates in industry forums, enabling them to exchange knowledge and gain valuable insights from other prominent figures and experts in the field. This combination of internal innovation and external engagement positions HAYAH to effectively anticipate and respond to industry changes. Empowering Financial Inclusion Mohamed Seghir is deeply committed to driving financial inclusion, believing that managing finances should be a right for all, regardless of their socio-economic background. The concept of financial inclusion holds great personal significance for him, as they have witnessed its transformative power firsthand. It has the ability to uplift individuals, fuel aspirations, and create positive change that spreads to families and communities. This personal perspective drives their passion to make a difference in this field. To bring this vision to life, he and his team have introduced ‘Simple Saver,’ a product aimed at providing financial inclusion to those who have traditionally been underserved by the financial sector. It is not just a product but a testament to their belief in empowering everyone to create a more secure financial future. This project embodies the company ethos of granting access to financial tools and ensuring that people have the knowledge to maximize their benefits. In a world where financial complexities often discourage saving and investing, Mohamed Seghir and his team are initiating a movement that promotes greater financial literacy and inclusion. Their goal is to give the power of wealth creation to many, not just a select few. For him, this is more than just a project or cause - it is a mission, a driving force that motivates their work at HAYAH every single day. Expert Advice for Aspiring Entrepreneurs For those aspiring to enter the insurance industry, it is recommended to prioritize customer satisfaction, utilize technology, and support financial inclusion. While embracing innovation and technology, it is important to not forget the importance of personal interaction. The insurance industry is ready for a change and presents great potential for those who are brave enough to challenge the current norms and introduce fresh ideas.
Revolutionizing Digital Insurance Looking ahead to 2023 and beyond, Hayah Insurance is committed to expanding its range of digital insurance offerings and services. They are also dedicated to improving their AI and machine learning capabilities to provide even more tailored and anticipatory services. Their ultimate objective is to provide outstanding customer experiences and play a significant role in the advancement and progress of the digital insurance sector. Their mission is to establish Hayah Insurance as a leading provider of uncomplicated, dependable, customer-centric digital insurance. Additionally, they are exploring prospects in new markets while keeping customer satisfaction at the forefront of their growth strategy.
Leadership is not about titles, positions, or owcharts. It is about one life inuencing another. JOHN C. MAXWELL
www.insightssuccess.com
BASTIEN BLANC Crafting Remarkable Hospitality Experiences
,
A Legacy of Exquisite Hospitality!
W
ith an ever-growing emphasis on crafting memorable hospitality experiences, the industry stands as a beacon of service excellence and innovation. It embodies a realm where individuals like Bastien Blanc, with over three decades of expertise across four continents, have left an indelible mark. Through his dedication to exceptional guest experiences and a leadership approach centered around nurturing talent, Blanc epitomizes the essence of hospitality’s transformative power, ignited by early passions and experiences that shaped his journey.
Successful CEOs are not individuals working in isolation but leaders who foster environments conducive to the success of their team members.
, Let’s delve deeper to learn more:
At the helm of empowerment within the hospitality sector, he stands as the designated CEO of TroKadero Hospitality Global. His vision transcends mere management, focusing on empowering independent hotel owners to navigate the complexities of their trade. TroKadero, established in 2007, has emerged as a guiding light, leveraging a wealth of international expertise to tailor solutions for burgeoning markets, fostering growth and sustainability within the industry.
Crafting Memorable Hospitality Experiences Bastien Blanc boasts an illustrious career spanning nearly 35 years in the hospitality industry across four continents. Renowned for his unwavering commitment to delivering exceptional guest experiences and driving substantial returns on investments, he has championed a leadership approach centered around prioritizing the well-being and satisfaction of individuals within the organization. His passion for hospitality was ignited at a young age, stemming from formative experiences in his grandmother’s kitchen at the tender age of 5, where he discovered the profound joy of creating moments that brought happiness to others.
Through a people-centric ethos and an unwavering commitment to communication and efficiency, the company navigates business challenges while driving continuous improvement. Under Blanc’s leadership, TroKadero not only streamlines operations but also fosters a culture of global cooperation and empowerment, ensuring that every endeavor aligns with the core objectives of enhancing team satisfaction, elevating customer experiences, and driving revenue growth.
January, 2024
Empowering Independent Hotel Owners Established in 2007, TroKadero Hospitality Global emerged from a fundamental concept centered on assisting
18
www.insightssuccess.com
Top 10 OUTstanding CEOs to Follow in UAE independent owners within the hospitality sector. Particularly in burgeoning markets, property owners often encounter formidable obstacles in managing their establishments, ranging from navigating intricate market dynamics to tailoring their offerings to appeal to a diverse clientele. Through the collective expertise of a team comprising seasoned professionals with extensive international exposure and intimate local insights, TroKadero has consistently delivered a positive and transformative impact on the hotels under its purview. Fostering Collaboration and Innovation TroKadero prioritizes a people-centric approach within its organizational ethos. The company fosters an environment conducive to innovation and collaboration, offering ample opportunities for team members to experiment, share ideas, and innovate. Additionally, the company encourages flexibility in work arrangements whenever feasible. This commitment to creating a supportive work environment not only enhances retention rates but also facilitates heightened teamwork and communication among employees. Navigating Business Challenges
Bastien Blanc CEO TroKadero Hospitality Global
In the rapidly evolving landscape of modern business, navigating challenges can prove to be demanding. TroKadero places a strong emphasis on meticulous planning and structured processes, providing a framework that promotes proactive thinking and minimizes the occurrence of last-minute emergencies.
Efficiency remains paramount in their communication strategy.
Fostering Growth Through Engagement
Driving Improvement through Focus
As TroKadero expands, maintaining a consistent approach and focus presents a significant challenge. Bastien prioritizes face-to-face interactions, viewing them as essential for effective leadership characterized by attentive listening. These interactions not only contribute valuable insights but also foster a culture of continuous improvement, supporting the satisfaction of both the hotel owners and the team members.
TroKadero Hospitality Global fosters a culture characterized by a proactive attitude of “Try it and let’s see.” While the company assesses risks when necessary, the primary focus is on continuous improvement. The team is encouraged to constantly strive for betterment, with decisions evaluated based on their alignment with three key objectives: improving team satisfaction, enhancing customer satisfaction, or generating revenue. Any initiatives not falling within these categories are deprioritized in favor of more impactful endeavors.
Streamlining Communication for Efficiency In Bastien’s perspective, WhatsApp messaging and calls emerge as the primary communication tools. While daily reports serve to enhance customer satisfaction and provide insights for commercial and financial evaluations, messaging offers a swift means for decision-making and facilitates coordination for immediate calls when necessary.
January, 2024
Building Global Cooperation and Innovation Managing a global organization spanning three continents with offices in Europe, the Middle East, and Australia poses
19
www.insightssuccess.com
unique challenges despite its relatively small size in terms of employees. Fostering collaboration and cooperation among different disciplines across geographical boundaries is crucial for cultivating TK’s culture of inclusion and innovation. Continuous Improvement Through Reflection In his approach, Bastien emphasizes a perspective often reiterated: there are no failures, only successes, and lessons learned. Following every action taken, whether successful or not, a post-mortem analysis is systematically conducted involving all relevant disciplines. This process aims to glean insights on how to improve for future endeavors, aligning closely with the company’s culture of innovation and continuous improvement. Fostering Empowerment in Leadership Bastien Blanc often emphasizes that the “E” in CEO symbolizes empowerment. He believes that successful CEOs are not individuals working in isolation but leaders who foster environments conducive to the success of their team members. Building an effective team is a skill that requires continuous development, encompassing recruitment, training, and, most importantly, ensuring that team members feel valued and appreciated. Navigating Passion and Connection Bastien reflects on his journey, acknowledging the inquiries for advice that come with his experience. Humble about his suitability as an advisor, he emphasizes the importance of pursuing passion and prioritizing genuine connections, highlighting their universal significance across industries and organizational scales. Recognized for Commitment In 2023, Bastien Blanc was honored with multiple prestigious recognitions, including being listed on the Saudi Vision 2030 Power List, the Middle East Top 100 Influential People in Hospitality and Travel, and the Global Top 100 Most Inspirational Leaders in Hospitality and Travel. These awards served as a humbling acknowledgment of Blanc’s commitment to fostering meaningful connections with individuals, whether they be connections, clients, or team members.
January, 2024
20
www.insightssuccess.com
Success is not how high you have climbed, but how you make a positive difference to the world. - Roy T. Bennett
www.insightssuccess.com
Dr Bader
Cul va ng a Culture of Collabora on, Crea vity and Growth
S
electing the right CEO is a pivotal decision for any organization. A successful CEO candidate embodies a blend of leadership experience, strategic foresight, financial acumen, industry knowledge, adaptability, effective communication, and ethical values. Finding an individual who possesses these qualities ensures the organization is headed toward a prosperous and sustainable future. It also plays a critical role in setting the tone for the entire organization and driving its success by providing effective leadership, strategic direction, and operational oversight. Dr Nairouz Bader, the CEO of Envision Partnership, has had a remarkable journey in the realms of female executive search and leadership advisory. Her career began in the pharmaceutical industry, and during her postgraduate studies, she discovered a deep passion for leadership and the intricacies of the business world. Connecting Exceptional Talents Having initiated her executive search and leadership practice several decades ago in New York, Dr Bader’s career expanded across continents, including Canada and Europe, eventually leading Envision Partnership in Dubai. Her transformation from a pharmacist to a business leader was driven by her profound passion for leadership, prompting her to transition into executive search. In this role, she connects exceptional talent with organizations in need, leveraging her pharmacy expertise, strategic thinking, and team empowerment skills.
Dr. Nairouz Bader CEO Envision Partnership
January, 2024
In her current role as CEO, Dr Nairouz Bader brings a unique blend of pharmaceutical knowledge, leadership
22
www.insightssuccess.com
Top 10 OUTstanding CEOs to Follow in UAE
Envision Partnership’s dedication to excellence has set it apart from the competition. The company maintains a relentless focus on delivering exceptional service to its clients and candidates, ensuring it provides top-tier executive talent that propels organizations toward its goals. This unwavering commitment to quality and consistently delivering outstanding results has been fundamental to Envision’s achievements.
As a CEO, I bring a unique blend of pharmaceu cal knowledge, leadership acumen, and a deep understanding of leadership and interna onal business to drive posi ve change in organiza ons.
Catering Customized Needs Recognizing the importance of deep industry knowledge and expertise, Envision Partnership places significant value on understanding the intricate challenges and dynamics within various sectors and functional areas. This in-depth understanding allows it to effectively identify and assess candidates who possess the requisite skill sets, experience, and cultural alignment to meet their clients’ specific needs.
acumen, and a deep understanding of international business. She utilizes this blend to drive positive change within organizations, aspiring to empower individuals and establish meaningful connections.
Central to the company’s success is the commitment to nurturing long-term relationships. Prioritizing trust, integrity, and confidentiality in every interaction, Envision Partnership invests time in comprehending its clients’ organizational culture, objectives, and obstacles to tailor a search process that is both effective and personalized. By fostering robust relationships with clients and candidates alike, they have cultivated a network that benefits all parties involved, enabling them to consistently deliver exceptional results.
Motivated by her passion for empowering others and forging impactful connections, Dr Bader actively pursued opportunities to excel in the executive search industry. Through dedicated education and mentorship, she honed her expertise in strategic talent acquisition and developed her ability to identify top-tier executive talent. Fostering the Commitment to Excellence Envision Partnership is a renowned female executive search and leadership advisory organization. Established in Canada in 1997, the company has expanded its operations to Dubai, catering to the EMEA region. It takes pride in being the first organization certified in the MENA region by WeConnect International and also the first to receive certification from the Association of Executive Search Consultants (AESC) in the MENA region. Additionally, Envision Partnership is certified by OSEC/Switzerland Global Enterprise. Its commitment to excellence is further recognized by the Dubai Chamber of Commerce CSR Label, as the organization has been awarded in the Marketplace and Workplace category. Envision Partnership has also been honored as a finalist for the Sustainability Awards by AMCHAM.
Cultivating a Collaborative Culture At the core of Envision’s achievements is its exceptional team. Dr Nairouz Bader leads a diverse and highly talented group of professionals, all deeply passionate about their roles. Cultivating a collaborative and inclusive culture that fosters creativity, learning, and growth, Envision Partnership places significant emphasis on their team’s expertise, dedication, and shared values. This foundation enables Envision to provide consistently outstanding service, consistently surpassing client expectations. In a fast-paced business environment, Dr Nairouz prioritizes staying informed, setting clear goals, delegating responsibility, managing risks, and relying on data-driven insights. Embracing innovation, fostering effective communication, promoting continuous learning, balancing short-term and long-term objectives, and prioritizing wellbeing are also essential. These strategies enable her to make swift and informed decisions as the CEO.
Dr Nairouz Bader has earned a well-deserved reputation as a radical advocate for female leadership, striving to increase female representation in both boardrooms and the C-suite. She attributes the organization’s remarkable success to several key factors that have propelled it to the forefront of the industry.
January, 2024
23
www.insightssuccess.com
Limited opportunities for advancement can be disheartening, but Dr Nairouz has approached these challenges as opportunities for growth and selfdevelopment. She has invested in continuous learning and acquiring new skills and knowledge to enhance her value as a businesswoman. Moreover, she has proactively sought out leadership roles and projects that allow her to showcase her abilities, expand her network, and build credibility within the industry. Maintaining Healthy Equilibrium Balancing work-life responsibilities has been an ongoing challenge for Dr Nairouz, but she has found strategies to maintain a healthy equilibrium. By setting clear boundaries and prioritizing self-care, she ensures that her well-being remains a priority. Additionally, She delegates tasks and empowers her team members, fostering a collaborative work environment that enables everyone to thrive. Dr Nairouz Bader, as an accomplished businesswoman, has encountered challenges throughout her journey, each of which has further fueled her determination to succeed. Through a combination of resilience, strategic actions, and a robust support network, she has not only overcome obstacles but has continued to experience personal and professional growth. Driven by her commitment to supporting other women in business, she actively promotes diversity and inclusion and endeavors to facilitate their paths to success. Building Better Teams A fundamental aspect of Dr Bader’s leadership approach revolves around effective communication. She places a strong emphasis on transparency, ensuring the sharing of relevant information and fostering an environment where open dialogue is encouraged. Actively listening to her team members’ perspectives, ideas, and concerns is a priority for her, creating a culture where everyone feels valued and heard.
Advocating for Equality Some of the most significant challenges she has personally encountered include gender biases, limited opportunities for advancement, and balancing work-life responsibilities. However, she has overcome these challenges through resilience, determination, and strategic actions.
In her role as a leader, Dr Bader empowers her team by delegating responsibilities and granting autonomy. She firmly believes in entrusting individuals to take ownership of their work and make decisions, fostering a sense of empowerment and accountability among her team.
She has actively advocated for equal opportunities and worked towards breaking down barriers. By consistently demonstrating her capabilities and delivering exceptional results, she has challenged stereotypes and earned the respect of colleagues and clients.
January, 2024
Leading by example is a cornerstone of Dr Bader’s leadership style. Demonstrating dedication, integrity, and a strong work ethic, she makes herself accessible to her team,
24
www.insightssuccess.com
providing the necessary support, guidance, and mentorship. Creating opportunities for collaboration, brainstorming, and shared decision-making is integral to fostering a sense of camaraderie and teamwork within the organization.
emotional intelligence involves actively listening and understanding diverse perspectives. Adaptability is fostered through embracing change and encouraging her team to do the same. Dr Bader refines her leadership skills by empowering her team, promoting a positive work culture, and leading by example. This continuous process of learning, self-reflection, and adaptation aligns with the evolving needs of the business and its people.
By incorporating strategies centered around shared vision, recognition, personal growth, effective communication, empowerment, and leading by example, Dr Bader endeavors to motivate and inspire her team to achieve excellence, encourage innovation, and cultivate a positive and fulfilling work environment.
Paving Paths for Future Leaders In her counsel to aspiring business professionals, Dr Bader underscores the power of self-belief, encouraging them to trust in their skills, knowledge, and unique perspectives. Pursuing passions and aligning one’s career with personal interests and values is also vital for sustained motivation and commitment. Additionally, building a strong support system and network, seeking mentorship, and networking within the industry are emphasized as essential components of a fulfilling and successful career in business.
Dr Nairouz Bader places immense emphasis on building a robust corporate culture as a foundational element for their success. Driven by a vision of inclusivity, support, and empowerment, she cultivates an environment valuing the contributions of each individual within the team. A central facet of this culture is fostering open communication, embracing diversity, and nurturing a sense of belonging among all team members. The organization prioritizes employee well-being and continuous learning and acknowledges achievements, ensuring a motivated and engaged team. This positive cultural framework fuels collaboration, innovation, and high-performance levels, enabling the consistent delivery of exceptional results for clients and stakeholders.
Envision Partnership, under Dr Nairouz Bader’s guidance, holds certifications from OSEC/Switzerland Global Enterprise, and its commitment to excellence is widely recognized. Acknowledged by the Dubai Chamber of Commerce CSR Label, Envision Partnership has been honored in the Marketplace and Workplace category and has been a finalist for the Sustainability Awards by AMCHAM. Its reputation for exceptional service delivery, deep industry knowledge, prioritization of long-term relationships, and the dedication of its diverse and talented team are the cornerstones of its remarkable success.
Overcoming Barriers with Resilience In facing setbacks and failures, both Dr Bader and Envision Partnership perceive them as invaluable learning experiences. The company’s approach involves candid discussions to comprehend the root causes and brainstorm creative solutions. Dr Bader instills resilience and encourages adaptability within the team, viewing setbacks as stepping stones for growth and improvement. These experiences fortify the organization, making it more resilient, adaptable, and better equipped to face future challenges. Dr Nairouz Bader believes that successful CEOs possess a blend of leadership acumen, strategic thinking, adaptability, and emotional intelligence. They inspire and guide their teams, make critical decisions, forecast industry trends, and connect with people on a human level. Continuous development is a cornerstone of Dr Bader’s philosophy. She remains committed to ongoing learning and seeks mentorship from industry leaders. Staying updated on market trends enhances her strategic thinking, and honing
January, 2024
25
www.insightssuccess.com
The CEOs the UAE through Impact Efforts
January, 2024
26
www.insightssuccess.com
Beyond Profit
T
he United Arab Emirates (UAE), known for its rapid economic growth and futuristic urban development, is experiencing a paradigm shift led by a group of visionary CEOs. These leaders are breaking away from the traditional profit-centric approach to business, focusing on holistic development that encompasses sustainability, technology, diversity, and societal well-being. Sustainable Development and Environmental Stewardship At the forefront of this transformation is a resolute commitment to sustainable development and environmental stewardship. Recognizing the global urgency of addressing climate change and dwindling resources, these CEOs are integrating eco-friendly practices into their corporate strategies. From reducing carbon footprints to adopting renewable energy sources, these leaders are not only meeting regulatory requirements but are setting new industry standards. For instance, several companies have initiated comprehensive environmental impact assessments, identifying areas where they can minimize their ecological footprint. This includes implementing energy-efficient technologies, reducing waste through recycling programs, and even investing in carbon offset projects. Such initiatives not only contribute to the global fight against climate change but also position the UAE as a responsible and environmentally conscious player on the world stage. Investment in Technological Advancements To remain competitive in the global market, CEOs are spearheading technological advancements within their organizations. The adoption of Industry 4.0 principles, coupled with investments in artificial intelligence (AI) and machine learning, is reshaping the landscape of traditional industries. These leaders understand that innovation is not just a buzzword but a crucial driver of economic growth and sustainability. From smart manufacturing processes to the integration of AI-driven analytics, these CEOs are transforming their businesses into hubs of technological excellence. This not only enhances operational efficiency and productivity but also positions the UAE as a hub for cutting-edge industries. As a result, the country is attracting talent and investments from around the world, solidifying its status as a global technology hub.
January, 2024
27
www.insightssuccess.com
Diversity and Inclusion Health and wellness initiatives are also gaining prominence, with companies providing comprehensive wellness programs, mental health support, and flexible work arrangements. The aim is to create a work environment that prioritizes the holistic well-being of employees, fostering motivation, loyalty, and productivity. By placing such emphasis on human capital, these CEOs are not only investing in the success of their companies but also contributing to the overall societal advancement in the UAE.
In a region known for its cultural diversity, these CEOs are championing the cause of diversity and inclusion within their organizations. Recognizing the strength that comes from a varied and inclusive workforce, these leaders are actively promoting equal opportunities for all employees, regardless of gender, nationality, or background. This commitment goes beyond mere rhetoric, manifesting in tangible policies and initiatives that create an inclusive workplace culture. Companies are actively addressing gender imbalances, ensuring that women have equal opportunities to climb the corporate ladder. Moreover, efforts are being made to create inclusive spaces for individuals of different nationalities and backgrounds, fostering a collaborative and dynamic work environment. By championing diversity and inclusion, these CEOs are not only setting a positive example but also contributing to the social harmony and cohesion of the UAE.
In conclusion, the CEOs reshaping the UAE beyond profit are driving a transformative wave that goes beyond conventional business paradigms. Their commitment to sustainable development, technological innovation, diversity and inclusion, CSR initiatives, and human capital investment is steering the UAE towards a future that prioritizes holistic growth. As these leaders continue to set new benchmarks for corporate responsibility, they are not only reshaping their respective industries but also contributing significantly to the overall prosperity and wellbeing of the nation.
Corporate Social Responsibility (CSR) Initiatives Beyond profit margins, these CEOs are directing their companies to engage in meaningful Corporate Social Responsibility (CSR) initiatives. The goal is to make a positive impact on the communities in which they operate. From supporting local education and healthcare initiatives to spearheading environmental conservation projects, these companies are becoming active contributors to societal development.
As the UAE continues to evolve, these visionary CEOs stand as pioneers, inspiring others to follow suit in the pursuit of a brighter, more sustainable future. Their collective impact goes beyond boardroom decisions, creating a positive ripple effect that resonates through the fabric of the UAE's society and economy.
For instance, some CEOs are channeling resources into community development programs that focus on skillbuilding and entrepreneurship. Others are investing in educational outreach programs, providing scholarships and mentorship opportunities to empower the youth. These CSR initiatives not only enhance the companies' social standing but also contribute to the overall development and wellbeing of the UAE's communities. Investment in Human Capital Recognizing that a company's greatest asset is its workforce, these CEOs are heavily investing in the development and well-being of their employees. Beyond traditional training programs, companies are adopting innovative approaches to skill development, ensuring that their teams are equipped with the expertise needed in a rapidly evolving business landscape.
January, 2024
28
www.insightssuccess.com
Leadership is not about being in charge, Its about taking care of those in your charge. - Simon Sinek
www.insightssuccess.com
Navigating Leadership in Security with Innovation
T
he true quality of a leader is not perfection but originality, the opening of new frontiers for others. In an era marked by evolving security needs, the safe deposit box plays a pivotal role in safeguarding valuable assets. With a profound commitment to innovation and security, Terry Downes has revolutionized the security frontiers for everyone. In this profile, we delve into Terry’s remarkable journey, his approach to leadership and decision-making, and his unwavering commitment to building a corporate culture rooted in respect and mutual success. Join us as we explore the life and insights of Terry, a leader who has bridged the worlds of security and entrepreneurship with innovation and resilience. Here’s the story of the security leader: The Journey of Terry Terry, an Irish native, started his remarkable journey as an ex-Military Anti-Terrorist unit member. However, his heart was always set on entrepreneurship. Over the years, he has launched multiple exponential growth companies spanning various security sectors across Europe, the United States, Malaysia, East Africa, and the Middle East. His diverse portfolio includes specialized security services, VIP security services, logistics security services, oil and gasrelated security services, manguarding, technology, remote visual and alarm management centers, training, cash in transit, and hospitality security services. Inception of MySafe
Terry Downes Founder and Chief Executive Ofcer MySafe Global Vaults
January, 2024
Terry’s journey took an unexpected turn when he noticed a gap in the global retail banking sector. He realized that the traditional safe deposit box services offered by banks were no longer a strategic focus due to changing banking dynamics post-2008. The seismic shift to digital banking
30
www.insightssuccess.com
Top 10 OUTstanding CEOs to Follow in UAE
platforms left many clients without access to safe deposit boxes. Waiting lists for these boxes grew to years in some countries.
The concept of respect, or rather mutual respect, regardless of your status in the organiza on, is the force mul plier in building a corporate culture that sets you apart from your compe tors.
Having seen firsthand how taking the traditional ATM out of the banking hall and placing it conveniently in the Mall (convenience ATM Networks) changed the way society manages personal cash, he believed taking the vault out of the underground dungeon and positioning it conveniently in the high street would change the way society viewed the storage of small items of personal or corporate value. Disrupting an industry sector that has delivered the traditional service the same way for over 150 years elevates the humble safe deposit box service into the 21st century. Launched in Dubai in 2018, MySafe disrupted the safe deposit box industry by providing a fully automated, Lloyds-insured, and convenient self-storage solution. Today, MySafe is the largest fully automated safe deposit box company in the Middle East, with a network of 10 sites spanning the Middle East and East Africa. The company is now on the verge of expanding its footprint to the Middle East, Southeast Asia, and the United States.
Recognizing Unique Contributions Terry believes that everyone has a unique contribution to make. His role is to respect and appreciate these contributions at every level of the organization. He encourages participation, acknowledges effort, and rewards success, fostering innovation and driving growth.
Nurturing Potential
Corporate Culture
Terry’s leadership style centers on creating an environment where individuals can aspire to their full potential. He believes in nurturing, empowering, and leading the team on a journey to achieve greatness. By focusing on this environment, he not only helps the team thrive but also achieves his own potential.
To be honest, Terry draws his experience from my days in the Anti-Terrorist unit he served with. In such a unit, respect is earned daily, not gifted, because you hold a particular status. Likewise, in the corporate world, you earn the respect of your team, your peers, and the market based on your capacity to manage complex and difficult decisions daily. Corporate culture is an extension of your own value systems and how you need to align those values with your strategic agenda.
Decision-Making Style Terry has a unique approach to decision-making. While he encourages participation in the decision-making process, he acknowledges that, as the CEO, the ultimate decision rests with him. Once a decision is made, he is unwavering in its execution, fostering a culture of decisiveness.
Is that important? Terry believes it is the single most important investment you can make as the CEO of your company, not least because it is a differentiating feature that can’t be purchased in the open market. He thinks the concept of respect, or rather mutual respect, regardless of your status in the organization, is the force multiplier in building a corporate culture that sets you apart from your competitors.
The Ultimate Challenge For Terry, the greatest challenge is to build an exceptional team. He invests in his team members to instill cultural values that underpin the organization’s passion for its strategic agenda. His experience in diverse management structures allows him to appreciate and embrace cultural diversity, creating a rich tapestry within the organization.
January, 2024
Embracing Continuous Learning The fundamental secret of a successful CEO is an absolute obsession with the concept of never quitting. Terry’s exact
31
www.insightssuccess.com
words are, “You really are the last man standing, and when all else fails, you are the one person expected to deliver the solution. To embrace that reality is quite a challenge, and it can only be done through experience at the coal face. You must be able to lead people on a journey and expect them to follow because you have been able to earn their respect. You must build a team and, in so doing, encourage/empower that team to build their own teams so you develop capacity in depth. Above all, you must have a temperament that allows you to show respect to earn respect.” The Formula for Success Terry encourages all to find a role model, people who inspire them, and find out what it is about that person that has made them stand out. You need to come to know who you are to appreciate whether the role of CEO is for you. It is an exhilarating ride, a roller coaster with bits sticking out; nothing works as it should, and yet there is a euphoric sense of achievement when you start to see the business building under your stewardship. A living, breathing vessel that hosts the hopes and dreams of so many different stakeholders, no more in focus than your own hopes and dreams for a better life for you and your family. @Nelson Mandela said it best: “There is no passion to be found in playing small, in settling for a life that is less than you are capable of living.”
January, 2024
32
www.insightssuccess.com
Success consists of going from failure to failure without loss of enthusiasm. - Winston Churchill
CEOs Dening
Succe Through Service and Uplifting Communities
January, 2024
34
www.insightssuccess.com
More Than Numbers
I
n the dynamic world of business, a new breed of CEOs is emerging, leaders who define success beyond profit margins and market shares. These visionary individuals are placing a premium on corporate social responsibility (CSR) and community upliftment, recognizing that the impact of their organizations extends far beyond financial metrics. The Evolution of Corporate Success Traditionally, success in the business world has been measured primarily by financial indicators – revenue growth, profit margins, and shareholder returns. However, a paradigm shift is underway, led by CEOs who understand that true success goes beyond these numerical benchmarks. The new measure of success encompasses a company's ability to contribute positively to the communities it operates in, making a tangible difference in the lives of individuals. Corporate Social Responsibility (CSR) as a Pillar of Success For these forward-thinking CEOs, Corporate Social Responsibility is not an afterthought or a public relations strategy; it is an integral part of their business philosophy. These leaders view their companies as responsible corporate citizens, actively seeking ways to address societal challenges and uplift the communities they serve. From environmental sustainability to social welfare initiatives, CSR is positioned as a strategic pillar that aligns business success with broader societal well-being.
January, 2024
35
www.insightssuccess.com
thriving community of individuals who feel valued and empowered.
Environmental Sustainability One aspect where CEOs are making a significant impact is environmental sustainability. Recognizing the pressing need to address climate change, companies are implementing eco-friendly practices and investing in green technologies. These initiatives go beyond compliance with regulations; they reflect a genuine commitment to minimizing the environmental footprint of business operations.
Collaborative Stakeholder Engagement Success in the modern business landscape is increasingly intertwined with collaborative stakeholder engagement. CEOs who redefine success recognize the interconnectedness of their organizations with various stakeholders – customers, suppliers, employees, and the wider community. Building strong relationships with these stakeholders is not just a strategic move but a reflection of a commitment to ethical and responsible business practices.
For example, some CEOs are spearheading initiatives to reduce carbon emissions, optimize resource usage, and promote sustainable supply chain practices. These efforts not only contribute to a healthier planet but also position companies as stewards of environmental conservation. By integrating sustainability into their core business strategies, these CEOs are shaping a future where economic prosperity coexists with environmental responsibility.
Some CEOs actively seek feedback from customers to improve products and services, demonstrating a customercentric approach. Others prioritize fair and ethical dealings with suppliers, recognizing their role in the overall value chain. By cultivating positive relationships with stakeholders, these CEOs are fostering a business environment built on trust, transparency, and shared success.
Community Upliftment Beyond environmental concerns, CEOs are actively engaged in initiatives that uplift the communities they operate in. This extends beyond traditional philanthropy to comprehensive community development programs aimed at fostering sustainable growth. By identifying the specific needs of local communities, these CEOs are tailoring their efforts to create a lasting and meaningful impact.
Measuring Impact Beyond Numbers While financial metrics remain important, these CEOs understand that impact cannot be solely quantified in numbers. They are redefining the criteria for success to include qualitative indicators such as social impact, community well-being, and environmental sustainability. By adopting a more holistic approach to measurement, these leaders are paving the way for a business landscape where success is not just about profits but about creating a positive legacy.
For instance, some companies are investing in education, providing scholarships, and supporting schools to empower the next generation. Others are focused on healthcare initiatives, building clinics, and supporting medical services to enhance community well-being. By aligning community upliftment with core business values, these CEOs are not only addressing immediate needs but also contributing to the long-term social development of the regions they serve.
Challenges and Opportunities Redefining success comes with its challenges. CEOs who prioritize service and community upliftment may face resistance from traditionalists who view business success through a narrow financial lens. Moreover, implementing comprehensive CSR initiatives requires time, resources, and a strategic shift in organizational priorities.
Employee-Centric Approaches The commitment to success beyond numbers also extends to how these CEOs approach their most valuable asset – their employees. Creating a positive and supportive workplace culture is seen as a fundamental aspect of corporate success. This involves not only fair remuneration and career growth opportunities but also a focus on employee well-being, diversity, and work-life balance.
In conclusion, the CEOs redefining success through service and community upliftment are navigating a path toward a more sustainable and responsible future. Their commitment to Corporate Social Responsibility, environmental sustainability, community development, and employee well-being reflects a profound understanding of the interconnectedness between business success and societal prosperity.
Flexible work arrangements, mental health support programs, and inclusivity initiatives are becoming increasingly common. By prioritizing the holistic development of their employees, these CEOs are fostering loyalty, dedication, and a sense of purpose within their workforce. The result is not just a successful business but a
January, 2024
36
www.insightssuccess.com
Two roads diverged in a wood, and I—I took the one less traveled by, And that has made all the difference. - Robert Frost
www.insightssuccess.com