2026
Asia Leaders
Reshma Kewalramani Broadened Vertex Beyond Cystic Fibrosis. Launch Economics Are the Next Clinical Test
Reshma Kewalramani has placed high-value rare-disease medicines, internally discovered small molecules, gene editing and disciplined reinvestment of cystic-fibrosis cash flow at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Fei-Fei Li Opened World Labs Through an API. Developer Demand Must Validate Spatial Intelligence
Fei-Fei Li has placed usage-based API access, creative tools, developer integration and world models that may eventually support simulation and embodied intelligence at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Huda Kattan Bought Back Huda Beauty. Founder Control Must Now Fund Its Own Growth
Huda Kattan has placed social-led product discovery, colour cosmetics, direct consumer relationships and selective distribution through retailers such as Sephora at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Choi Soo-yeon Made AI Pay Across Naver's Core. Global C2C Must Justify the Expansion
Choi Soo-yeon has placed search and display advertising, commerce, payments, cloud, web content and consumer-to-consumer marketplaces at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Lisa Su Pushed AMD's Server Ambition Beyond GPUs. Memory Costs Could Split the Portfolio
Lisa Su has placed EPYC server CPUs, Instinct accelerators, adaptive computing, semi-custom chips and a common software and customer ecosystem at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Jenny Lee Turned Granite Asia Into a Multi-Asset Platform. Penang Will Test Its Industrial Thesis
Jenny Lee has placed cross-border sourcing, operational networks, flexible capital and long relationships with Asian technology founders at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Rosé Carried Solo Demand Back Into BLACKPINK's Group Cycle. Ownership Will Define the Next Release
Rosé has placed recording royalties, publishing, touring, brand partnerships and the audience transfer between solo work and BLACKPINK at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Helen Wong Handed OCBC to a New CEO With a Wealth-Led Franchise. The Strategy Must Survive Its Architect
Helen Wong has placed banking, Bank of Singapore, Great Eastern insurance, asset management and a regional franchise spanning Singapore, Malaysia, Indonesia and Greater China at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Melanie Perkins Put AI Inside Canva's Full Work Suite. Product Breadth Must Convert Into Enterprise Depth
Melanie Perkins has placed freemium distribution, collaborative design, subscriptions, brand-management tools and AI features embedded across documents, presentations, video and marketing workflows at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Josephine Teo Built Singapore's Agentic-AI Rulebook. Adoption Must Reach Smaller Firms
Josephine Teo has placed digital public infrastructure, model governance, skills programmes, cloud capacity and a policy regime designed to attract international technology investment at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Jisoo Expanded BLISSOO Across Music, Screen and Luxury. Coordination Is the Hidden Cost
Jisoo has placed artist management, music rights, screen compensation, membership relationships and brand-ambassador contracts at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Mitsuko Tottori Delivered Record Profit at JAL. Vision 2035 Raises the Capital-Allocation Stakes
Mitsuko Tottori has placed full-service aviation, cargo, low-cost carriers, mileage and finance, commerce and airport-related services at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Sanae Takaichi Turned Fiscal Activism Into a Governing Mandate. Bond Markets Will Price the Next Move
Sanae Takaichi has placed public-private investment in semiconductors, data infrastructure, energy security and defence-linked manufacturing at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Jennie Kim Made Ruby an Independent-Label Asset. ODD ATELIER Must Build Beyond a Release Cycle
Jennie Kim has placed recorded-music rights, distribution partnerships, performance, merchandise, pop-up retail and luxury sponsorships at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Lisa Manobal Turned LLOUD Into a Multi-Platform Enterprise. A Second Album Must Prove the Model Scales
Lisa Manobal has placed music ownership, artist management, recording partnerships, live performance, screen roles and luxury-brand relationships at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Shiori Ito Took Black Box Diaries Home to Japan. Distribution Rights Now Shape Its Public Reach
Shiori Ito has placed independent documentary production, international rights sales, festival visibility, book publishing and public-interest journalism at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Ferry Unardi Is Taking Traveloka Beyond Southeast Asia. Local Intelligence Must Still Travel
Traveloka is widening its Asia-Pacific reach under Ferry Unardi. The strategic test is exporting its operating system without diluting local relevance.
Asia Leaders
Bom Kim Built Coupang Around Reliability. A Data Breach Has Made Trust the Hardest Delivery
Coupang transformed Korean shopping through speed and dependable logistics. Bom Kim must now rebuild confidence after a breach exposed the limits of operational excellence without digital trust.
Asia Leaders
Amnon Shashua Is Recasting Mobileye for Physical AI. He Must Protect the Core While Funding the Leap
Mobileye’s automotive business is regaining momentum, but Amnon Shashua is extending its technology into physical AI. The strategic leap needs firmer financial proof.
Asia Leaders
Uğur Şahin Is Preparing to Leave BioNTech. The Oncology Pipeline Must Outlast Its Founder
BioNTech’s Covid success funded an ambitious oncology pipeline. With Uğur Şahin preparing to leave, clinical execution and succession have become inseparable.
Asia Leaders
Ali Ghodsi Has the Capital to Rebuild the Data Stack. Now Databricks Must Compound
Ali Ghodsi has built Databricks into a $5.4 billion revenue run-rate company. Its next phase depends on turning a widening product estate into one compounding platform.
Asia Leaders
Aravind Srinivas Is Turning Perplexity Into a Product Portfolio. Focus Is the Next Breakthrough
Aravind Srinivas has expanded Perplexity far beyond search. The next leadership test is turning product velocity into a focused, repeatable business system.
Asia Leaders
Tan Teck Long Inherited a Record OCBC Franchise. His Next Frontier Must Outrun Falling Rates
Tan Teck Long took charge of OCBC in January 2026 with record income, strong capital and a diversified franchise. His first strategic test is to replace rate-driven earnings with fee growth and deeper regional customer relationships.
Asia Leaders
Sandeep Bakhshi Made ICICI Bank a Model of Restraint. The Next Cycle Will Test That Discipline
ICICI Bank’s turnaround has become sustained compounding. Sandeep Bakhshi now faces the harder task of maintaining restraint during a period that rewards faster growth.
Asia Leaders
Hana Al Rostamani Has Given FAB Global Ambition. Execution Must Now Match the UAE’s Financial Reach
FAB is becoming a more international bank as Abu Dhabi’s capital travels further. Hana Al Rostamani’s challenge is to convert reach into repeatable, well-governed returns.
Asia Leaders
Sridhar Ramaswamy Is Building Snowflake’s Agentic Control Plane. Consumption Must Follow
Sridhar Ramaswamy has recast Snowflake around enterprise AI, open data and agentic work. The strategy now has to produce lasting usage, margins and trust.
Asia Leaders
Tan Su Shan Has Replaced Rate Income With Wealth Fees at DBS. The Mix Must Survive a Risk Shock
Tan Su Shan has placed record wealth-management performance, transaction-service fees, treasury customer sales and deposit growth at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Jay Chaudhry Is Extending Zero Trust to AI Agents. Zscaler Must Keep It Coherent
Jay Chaudhry is adapting Zscaler’s zero-trust architecture to AI agents and data. The company must now turn rapid expansion into a coherent, profitable platform.
Asia Leaders
Liang Rubo Put AI at ByteDance’s Centre. Seedance Has Made Governance the Harder Problem
Liang Rubo has made artificial intelligence ByteDance’s central priority. Seedance’s rapid progress now tests whether the company can govern copyright, safety and global trust at equal speed.
Asia Leaders
Loh Boon Chye Made SGX a Multi-Asset Exchange. Singapore’s Equity Market Still Needs More Depth
Loh Boon Chye’s multi-asset strategy has made SGX more resilient and profitable. The unresolved test is whether Singapore can attract more listings, improve liquidity and broaden participation in its own equity market.
Asia Leaders
Tengku Muhammad Taufik Is Rebuilding PETRONAS for Energy Volatility. Malaysia Still Needs the Cash
PETRONAS faces lower profit, volatile supply routes and a costly transition portfolio. Tengku Muhammad Taufik must keep Malaysia’s national energy company investable and dependable.
Asia Leaders
Forrest Li Rebuilt Sea’s Growth Machine. Now He Must Keep Its Three Engines in Balance
Sea’s sharp return to growth has restored strategic confidence. Forrest Li now has to keep Shopee, Monee and Garena compounding without sacrificing resilience.
Asia Leaders
Tony Xu Has Made DoorDash Global. Integration Is Now the Product
DoorDash has become a global local-commerce group. Tony Xu’s next challenge is to integrate DoorDash, Wolt and Deliveroo while preserving service quality and capital discipline.
Asia Leaders
Raj Subramaniam Has Unbundled FedEx. Now He Must Make the Network Earn Its Keep
FedEx enters its post-Freight era with stronger revenue, lower capital intensity and a simpler structure. The next test is whether Raj Subramaniam can make network reform durable through a volatile trade cycle.
Asia Leaders
Vijay Shekhar Sharma Has Restored Paytm's Profit. Trust Is Still the Scarcer Asset
Paytm's financial recovery gives Vijay Shekhar Sharma a new starting point. Sustainable leadership now depends on institutional trust as much as growth.
Asia Leaders
Mahrang Baloch Built a Civic Network Around Resource-Rich Balochistan. Imprisonment Tests Its Durability
Mahrang Baloch has placed a decentralised network of families, volunteers, local organisers and diaspora attention rather than a conventional funded institution at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Peyush Bansal Has Taken Lenskart Public. The Harder Test Is Making Scale Sharper
Lenskart's public-market debut has been followed by strong growth. Peyush Bansal's next task is to make a larger system more precise and capital-efficient.
Asia Leaders
Thomas Kurian Made Google Cloud an AI Growth Engine. Now He Has to Turn Scale Into Trust
Thomas Kurian has turned Google Cloud into a fast-growing AI and data business. The next test is whether infrastructure scale, security and enterprise trust can advance together.
Asia Leaders
Sandy Xu Has Made JD Retail More Profitable. Food Delivery and Europe Will Test Her Discipline
Sandy Xu has improved JD Retail’s economics, but lower group profit exposes the cost of expansion. Food delivery and Joybuy Europe now have to earn strategic relevance.
Asia Leaders
George Kurian Has Made NetApp Relevant to AI. Now Data Readiness Must Pay
George Kurian has moved NetApp from a storage incumbent to an intelligent data infrastructure contender. Fiscal 2027 will show whether AI demand can widen that opportunity.
Asia Leaders
Yuen Kuan Moon Has Repriced Singtel Around Digital Infrastructure. Now the Capital Must Work Harder
Yuen Kuan Moon has moved Singtel beyond a conventional telecoms model by recycling mature assets and scaling digital infrastructure. His next challenge is to turn greater strategic exposure into durable returns without weakening the core networks.
Asia Leaders
Divya Deshmukh Won the World Cup and a Grandmaster Title. Chess Must Convert Visibility Into Durable Income
Divya Deshmukh has placed prize money, federation support, private sponsorship, league contracts, streaming and the educational value of a large Indian chess audience at the centre of the strategy. The next phase will test capital discipline, execution and durability across Asia.
Asia Leaders
Anthony Tan Has Taken Grab Beyond Survival. The Next Contest Is for Financial Discipline
Grab’s first full-year profit changed the conversation around Southeast Asia’s leading platform. Anthony Tan’s next task is to make growth, credit and consolidation reinforce one another.
Asia Leaders
Reshma Kewalramani Is Taking Vertex Beyond Cystic Fibrosis. The Diversification Must Now Become Durable
Vertex is moving from one dominant franchise towards pain, blood disorders and kidney disease. Reshma Kewalramani’s challenge is to preserve focus while building new commercial systems.
Asia Leaders
Lim Chow Kiat Is Building GIC for a World That Cannot Be Forecast. The Price Is More Selectivity
Lim Chow Kiat is adapting GIC to geopolitical fragmentation, AI disruption and climate risk through granular investing and stronger cross-asset leadership. The strategy depends on liquidity, selectivity and institutional patience.
Asia Leaders
Goh Choon Phong Has Restored Singapore Airlines’ Earnings. Air India Will Test His Reach
Singapore Airlines has regained operating strength. Goh Choon Phong must now manage Air India exposure, premium investment and network risk without diluting the carrier’s standards.
Asia Leaders
Sanjiv Puri Has Made ITC More Focused. The Consumer Business Must Now Prove It Can Carry More Weight
Sanjiv Puri has sharpened ITC through the hotels demerger and a broader consumer portfolio. The next phase depends on turning double-digit FMCG growth into returns strong enough to reduce reliance on cigarettes.
Asia Leaders
Eric Yuan Has Restored Zoom’s Growth. AI Must Become More Than a Meeting Feature
Eric Yuan has repositioned Zoom as an AI-first system of action. The next test is converting product adoption into sustained enterprise expansion without losing simplicity.
Asia Leaders
Ynon Kreiz Has Turned Mattel Into an IP Company. Tariffs and Margin Pressure Will Test the Sequel
Ynon Kreiz has taken Mattel beyond its turnaround and into a broader entertainment strategy. The next test is whether intellectual property can deliver durable growth without weakening the margins rebuilt under his leadership.
Asia Leaders
Georges Elhedery Has Simplified HSBC. He Must Prove the Bank Can Grow Without Rebuilding Complexity
HSBC’s restructuring has sharpened returns and accountability. Georges Elhedery’s next task is to grow wealth and transaction banking without recreating the layers he removed.
Asia Leaders
Vasant Narasimhan Narrowed Novartis to Innovative Medicines. The Portfolio Must Now Outrun Its Patent Losses
Novartis is strategically cleaner but its leading medicines face inevitable erosion. Vasant Narasimhan’s next task is converting a promising pipeline into dependable growth.
Asia Leaders
Rajesh Magow Is Turning MakeMyTrip From a Booking Site Into India's Travel Operating Layer
Rajesh Magow is using AI and selective acquisitions to widen MakeMyTrip's role. The test is whether one platform can improve every stage of Indian travel.
Asia Leaders
T.V. Narendran Has Improved Tata Steel's Numbers. Now the Green Transition Must Carry Its Own Weight
T.V. Narendran has restored operating momentum across Tata Steel. His next test is making a multi-country green transition produce acceptable returns.
Asia Leaders
C.S. Venkatakrishnan Has Rebalanced Barclays. The Investment Bank Must Now Earn Its Weight
Barclays’ strategic reset is improving returns and shareholder distributions. C.S. Venkatakrishnan now has to prove the investment bank and domestic franchise reinforce each other.