Asia's Top Business Leaders 2025
Asia Leaders
India’s Largest Bank Is Becoming a National Technology Platform
A FigureAsia examination of how C.S. Setty is positioning SBI for the next phase of banking.
Asia Leaders
Gautam Adani’s Biggest Infrastructure Project Is Restoring Trust
A FigureAsia examination of how Gautam Adani is positioning Adani Group for the next phase of conglomerates.
Asia Leaders
Kongkrapan Intarajang Has to Prepare PTT for an Energy System That Still Needs Gas
A FigureAsia examination of how Kongkrapan Intarajang is positioning PTT for the next phase of energy.
Asia Leaders
SK hynix Found Its AI Moment Under Kwak Noh-Jung
A FigureAsia examination of how Kwak Noh-Jung is positioning SK hynix for the next phase of semiconductors.
Asia Leaders
Natarajan Chandrasekaran Is Trying to Make the Tata Universe Move as One
A FigureAsia examination of how Natarajan Chandrasekaran is positioning Tata Sons for the next phase of conglomerates.
Asia Leaders
Pham Nhat Vuong Has Made VinFast a Test of Vietnam’s Industrial Nerve
A FigureAsia examination of how Pham Nhat Vuong is positioning Vingroup for the next phase of conglomerates.
Asia Leaders
TCS’s K. Krithivasan Has to Sell Trust in the Age of Generative AI
A FigureAsia examination of how K. Krithivasan is positioning TCS for the next phase of technology.
Asia Leaders
Mahindra’s Best Asset May Be Its License to Experiment
A FigureAsia examination of how Anand Mahindra is positioning Mahindra Group for the next phase of conglomerates.
Asia Leaders
The Robot Maker Waiting for Factory Spending to Return
A FigureAsia examination of how Kenji Yamaguchi is positioning FANUC for the next phase of industrial technology.
Asia Leaders
Check Point Is Getting a Founder’s Urgency Back
A FigureAsia examination of how Nadav Zafrir is positioning Check Point for the next phase of cybersecurity.
Asia Leaders
Aramco’s Amin Nasser Is Managing the World’s Most Difficult Energy Contradiction
A FigureAsia examination of how Amin H. Nasser is positioning Aramco for the next phase of energy.
Asia Leaders
Boring Banking Became an ICICI Advantage
A FigureAsia examination of how Sandeep Bakhshi is positioning ICICI Bank for the next phase of banking.
Asia Leaders
Sun Pharma’s Dilip Shanghvi Keeps Choosing Specialty Over Spectacle
A FigureAsia examination of how Dilip Shanghvi is positioning Sun Pharma for the next phase of pharmaceuticals.
Asia Leaders
Anthony Salim’s Empire Still Begins With What Indonesians Eat
A FigureAsia examination of how Anthony Salim is positioning Salim Group for the next phase of conglomerates.
Asia Leaders
TSMC Became the Factory the AI Economy Cannot Do Without Under C.C. Wei
A FigureAsia examination of how C.C. Wei is positioning TSMC for the next phase of semiconductors.
Asia Leaders
Dhanin Chearavanont’s CP Group Still Thinks in Generations
A FigureAsia examination of how Dhanin Chearavanont is positioning CP Group for the next phase of food and agribusiness.
Asia Leaders
Charoen Sirivadhanabhakdi Is Turning Consumer Cash Flow Into a Regional Portfolio
A FigureAsia examination of how Charoen Sirivadhanabhakdi is positioning ThaiBev and TCC for the next phase of food and beverage.
Asia Leaders
Sarath Ratanavadi Is Assembling Thailand’s Power and Digital Future
A FigureAsia examination of how Sarath Ratanavadi is positioning Gulf Energy for the next phase of energy.
Asia Leaders
LG Chem Is Learning the Price of Transition
A FigureAsia examination of how Shin Hak-cheol is positioning LG Chem for the next phase of chemicals and materials.
Asia Leaders
Olayan Alwetaid Wants stc to Own More of Saudi Arabia’s Digital Stack
A FigureAsia examination of how Olayan Alwetaid is positioning stc Group for the next phase of telecommunications.
Asia Leaders
Alibaba’s Repair Job Now Belongs to Eddie Wu
A FigureAsia examination of how Eddie Wu is positioning Alibaba for the next phase of e-commerce.
Asia Leaders
Barito Pacific Is Learning a New Energy Language
A FigureAsia examination of how Prajogo Pangestu is positioning Barito Pacific for the next phase of conglomerates.
Asia Leaders
Nguyen Dang Quang Wants Masan Inside Vietnam’s Daily Shopping Basket
A FigureAsia examination of how Nguyen Dang Quang is positioning Masan Group for the next phase of consumer goods.
Asia Leaders
Badr Al-Meer Is Redrawing Qatar Airways After a Famous Predecessor
A FigureAsia examination of how Badr Mohammed Al-Meer is positioning Qatar Airways for the next phase of aviation.
Asia Leaders
Kotak Mahindra Bank Is Trying a Different Kind of Founder Succession
A FigureAsia examination of how Ashok Vaswani is positioning Kotak Mahindra Bank for the next phase of banking.
Asia Leaders
Garibaldi Thohir Is Using Coal Cash to Buy Time for Adaro’s Transition
A FigureAsia examination of how Garibaldi Thohir is positioning Adaro for the next phase of energy.
Asia Leaders
Sajjan Jindal Is Betting JSW Can Build Through the Cycle
A FigureAsia examination of how Sajjan Jindal is positioning JSW Group for the next phase of industrial.
Asia Leaders
Kazuma Sekiya Runs the Semiconductor Company That Wins by Cutting Things Apart
A FigureAsia examination of how Kazuma Sekiya is positioning Disco for the next phase of semiconductors.
Asia Leaders
Pony Ma Wants Tencent’s Next Act to Be More Than WeChat
A FigureAsia examination of how Ma Huateng (Pony Ma) is positioning Tencent for the next phase of technology.
Asia Leaders
Khairussaleh Ramli Is Running Maybank as an ASEAN Network
A FigureAsia examination of how Khairussaleh Ramli is positioning Maybank for the next phase of banking.
Asia Leaders
AI Chips Have Turned Testing Into Douglas Lefever’s Bottleneck
A FigureAsia examination of how Douglas Lefever is positioning Advantest for the next phase of semiconductors.
Asia Leaders
Huawei Learned to Survive the World It Could Not Choose
A FigureAsia examination of how Ren Zhengfei is positioning Huawei for the next phase of telecommunications.
Asia Leaders
Masayoshi Son Is Betting SoftBank’s Future on the Cost of Intelligence
A FigureAsia examination of how Masayoshi Son is positioning SoftBank for the next phase of technology investment.
Asia Leaders
Fujitsu Is Leaving Its Hardware Memory Behind
A FigureAsia examination of how Takahito Tokita is positioning Fujitsu for the next phase of technology.
Asia Leaders
Tengku Muhammad Taufik Is Balancing PETRONAS Between LNG and the Long Transition
A FigureAsia examination of how Tengku Muhammad Taufik is positioning PETRONAS for the next phase of energy.
Asia Leaders
Wipro’s Reset Cannot Afford to Lose Its Patience
A FigureAsia examination of how Srini Pallia is positioning Wipro for the next phase of technology.
Asia Leaders
Michael Kadoorie Is Steering CLP Through Hong Kong’s Expensive Energy Transition
A FigureAsia examination of how Michael Kadoorie is positioning CLP for the next phase of utilities.
Asia Leaders
Foxconn Is Moving Beyond the iPhone Era Under Young Liu
A FigureAsia examination of how Young Liu is positioning Foxconn for the next phase of electronics manufacturing.
Asia Leaders
Abdulla Mubarak Al-Khalifa Is Making QNB’s Balance Sheet Travel
A FigureAsia examination of how Abdulla Mubarak Al-Khalifa is positioning QNB for the next phase of banking.
Asia Leaders
Biocon Was Built for the Medicines Rich Markets Could Not Ignore
A FigureAsia examination of how Kiran Mazumdar-Shaw is positioning Biocon for the next phase of biotechnology.
Asia Leaders
Christophe Weber Made Takeda Global and Now Must Make the Portfolio Pay
A FigureAsia examination of how Christophe Weber is positioning Takeda for the next phase of pharmaceuticals.
Asia Leaders
Toyota’s Hybrid Patience Is Looking Less Like Hesitation
A FigureAsia examination of how Akio Toyoda is positioning Toyota for the next phase of automotive.
Asia Leaders
Sunil Bharti Mittal Is Building Airtel for the Bandwidth Economy
A FigureAsia examination of how Sunil Bharti Mittal is positioning Bharti Airtel for the next phase of telecommunications.
Asia Leaders
India’s Consumer Still Moves Faster Than the Data
A FigureAsia examination of how Rohit Jawa is positioning Hindustan Unilever for the next phase of consumer goods.
Asia Leaders
Sandy Xu Is Turning JD.com’s Warehouses Into a Competitive Argument
A FigureAsia examination of how Sandy Xu is positioning JD.com for the next phase of e-commerce.
Asia Leaders
Xiaomi’s Lei Jun Is Learning How Expensive Reinvention Can Be
A FigureAsia examination of how Lei Jun is positioning Xiaomi for the next phase of consumer technology.
Asia Leaders
Meituan Knows the Economics of China One Delivery at a Time
A FigureAsia examination of how Wang Xing is positioning Meituan for the next phase of local services.
Asia Leaders
Saudi Industrial Policy Is Taking Shape Inside PIF’s Portfolio
A FigureAsia examination of how Yasir Al-Rumayyan is positioning PIF for the next phase of investment.
Asia Leaders
Pham Quang Dung Is Modernizing Vietcombank Without Losing Its Institutional Weight
A FigureAsia examination of how Pham Quang Dung is positioning Vietcombank for the next phase of banking.
Asia Leaders
The Battery Boom Has Made Robin Zeng a Geopolitical Industrialist
A FigureAsia examination of how Robin Zeng is positioning CATL for the next phase of energy technology.
Asia Leaders
Mohamed Alabbar Keeps Selling Dubai Before He Sells the Building
A FigureAsia examination of how Mohamed Alabbar is positioning Emaar for the next phase of real estate.
Asia Leaders
NetEase Is Staying Creative Without Chasing Every Trend
A FigureAsia examination of how William Ding is positioning NetEase for the next phase of media and entertainment.
Asia Leaders
POSCO’s Battery Ambition Has to Survive the Cycle
A FigureAsia examination of how Chang In-hwa is positioning POSCO Holdings for the next phase of industrial.
Asia Leaders
Panasonic Has to Decide What It Wants to Be
A FigureAsia examination of how Yuki Kusumi is positioning Panasonic for the next phase of industrial.
Asia Leaders
Hyundai Is Being Designed for a Post-Commodity Car Market
A FigureAsia examination of how Euisun Chung is positioning Hyundai Motor Group for the next phase of automotive.
Asia Leaders
Ririek Adriansyah Is Rewiring Telkom Indonesia Around Data
A FigureAsia examination of how Ririek Adriansyah is positioning Telkom Indonesia for the next phase of telecommunications.
Asia Leaders
NAVER Is Defending Its Home Market With Its Own AI
A FigureAsia examination of how Choi Soo-yeon is positioning NAVER for the next phase of technology.
Asia Leaders
e& Wants to Outgrow the Meaning of Telecom
A FigureAsia examination of how Hatem Dowidar is positioning e& for the next phase of telecommunications.
Asia Leaders
Sashidhar Jagdishan Is Still Integrating the Deal That Remade HDFC Bank
A FigureAsia examination of how Sashidhar Jagdishan is positioning HDFC Bank for the next phase of banking.
Asia Leaders
Ben Keswick Is Simplifying Jardines Without Abandoning Its Long Memory
A FigureAsia examination of how Ben Keswick is positioning Jardine Matheson for the next phase of conglomerates.
Asia Leaders
Tony Fernandes Is Trying to Make Capital A Whole Again
A FigureAsia examination of how Tony Fernandes is positioning Capital A for the next phase of aviation.
Asia Leaders
Pankaj Patel Wants Zydus to Be Known for More Than Affordable Medicines
A FigureAsia examination of how Pankaj Patel is positioning Zydus for the next phase of pharmaceuticals.
Asia Leaders
Sea Got Smaller So It Could Grow Again
A FigureAsia examination of how Forrest Li is positioning Sea for the next phase of e-commerce.
Asia Leaders
Bonnie Chan Has to Make Hong Kong’s Market Feel Indispensable Again
A FigureAsia examination of how Bonnie Chan is positioning HKEX for the next phase of financial services.
Asia Leaders
Kakao Must Become Trustworthy Before It Becomes Bigger
A FigureAsia examination of how Chung Shin-a is positioning Kakao for the next phase of technology.
Asia Leaders
Tokyo Electron Sits at the Quiet Center of Toshiki Kawai’s Chip Boom
A FigureAsia examination of how Toshiki Kawai is positioning Tokyo Electron for the next phase of semiconductors.
Asia Leaders
Samsung’s AI Problem Has Become Jay Y. Lee’s Defining Test
A FigureAsia examination of how Jay Y. Lee is positioning Samsung for the next phase of consumer technology.
Asia Leaders
Robin Li Has Waited Two Decades for Baidu’s AI Advantage to Arrive
A FigureAsia examination of how Robin Li is positioning Baidu for the next phase of technology.
Asia Leaders
Sony Turned Fragmentation Into an Entertainment Advantage
A FigureAsia examination of how Kenichiro Yoshida is positioning Sony for the next phase of consumer technology.
Asia Leaders
Nguyen Thi Phuong Thao Is Taking VietJet Beyond the Low-Cost Playbook
A FigureAsia examination of how Nguyen Thi Phuong Thao is positioning VietJet and Sovico for the next phase of aviation.
Asia Leaders
Reliance Is Being Rebuilt for an India That Lives on Its Phone
A FigureAsia examination of how Mukesh Ambani is positioning Reliance for the next phase of conglomerates.
Asia Leaders
Asia’s Quiet Wealth Transfer Is Reshaping OCBC
A FigureAsia examination of how Helen Wong is positioning OCBC for the next phase of banking.
Asia Leaders
An Old Conglomerate Is Learning to Behave Like a Growth Company
A FigureAsia examination of how Kumar Mangalam Birla is positioning Aditya Birla Group for the next phase of conglomerates.
Asia Leaders
Renewable Power Is Being Built at Adani Scale
A FigureAsia examination of how Amit Singh is positioning Adani Green Energy for the next phase of energy technology.
Asia Leaders
Djony Bunarto Tjondro Is Keeping Astra Relevant to Indonesia’s Next Consumer
A FigureAsia examination of how Djony Bunarto Tjondro is positioning Astra for the next phase of conglomerates.
Asia Leaders
Nintendo’s Shuntaro Furukawa Is Protecting Scarcity in an Always-On World
A FigureAsia examination of how Shuntaro Furukawa is positioning Nintendo for the next phase of media and entertainment.
Asia Leaders
Daikin’s Masanori Togawa Is Selling Climate Control to a Warming World
A FigureAsia examination of how Masanori Togawa is positioning Daikin for the next phase of industrial.
Asia Leaders
Keyence’s Takemitsu Takizaki Built a Sales Machine Around Invisible Factory Problems
A FigureAsia examination of how Takemitsu Takizaki is positioning Keyence for the next phase of industrial technology.
Asia Leaders
Infosys Is Learning to Charge for AI Outcomes
A FigureAsia examination of how Salil Parekh is positioning Infosys for the next phase of technology.
Asia Leaders
Nykaa Is Moving From Beauty Website to Consumer Institution
A FigureAsia examination of how Falguni Nayar is positioning Nykaa for the next phase of e-commerce.
Asia Leaders
Battery Growth Has to Become Profitable Again at LG Energy Solution
A FigureAsia examination of how Kim Dong-myung is positioning LG Energy Solution for the next phase of energy technology.
Asia Leaders
Victor Li Is Managing CK Hutchison for Cash Flow in an Age of Scrutiny
A FigureAsia examination of how Victor Li is positioning CK Hutchison for the next phase of conglomerates.
Asia Leaders
PDD’s Lei Chen Is Exporting China’s Hardest Retail Lessons
A FigureAsia examination of how Lei Chen is positioning PDD Holdings for the next phase of e-commerce.
Asia Leaders
Customer Service Is Becoming an AI Industry Just as NICE Changes Leaders
A FigureAsia examination of how Scott Russell is positioning NICE for the next phase of technology.
Asia Leaders
Kuok Khoon Hong’s Wilmar Still Runs on the Unfashionable Power of Scale
A FigureAsia examination of how Kuok Khoon Hong is positioning Wilmar for the next phase of food and agribusiness.
Asia Leaders
Waleed Al-Mogbel Is Turning Al Rajhi Into a Digital Bank at National Scale
A FigureAsia examination of how Waleed Al-Mogbel is positioning Al Rajhi Bank for the next phase of banking.
Asia Leaders
Singtel Is Turning Regional Sprawl Into Digital Infrastructure
A FigureAsia examination of how Yuen Kuan Moon is positioning Singtel for the next phase of telecommunications.
Asia Leaders
Jahja Setiaatmadja Made BCA’s Low-Cost Deposits an Indonesian Moat
A FigureAsia examination of how Jahja Setiaatmadja is positioning BCA for the next phase of banking.
Asia Leaders
Emirates Still Flies on Sheikh Ahmed’s Long View of Dubai
A FigureAsia examination of how Sheikh Ahmed bin Saeed Al Maktoum is positioning Emirates for the next phase of aviation.
Asia Leaders
TikTok Became a Diplomatic Asset Just as Liang Rubo Inherited ByteDance
A FigureAsia examination of how Liang Rubo is positioning ByteDance for the next phase of technology.
Asia Leaders
UOB Has Made Discipline Its Expansion Strategy
A FigureAsia examination of how Wee Ee Cheong is positioning UOB for the next phase of banking.
Asia Leaders
India’s Building Boom Has Become Larsen & Toubro’s Execution Test
A FigureAsia examination of how S.N. Subrahmanyan is positioning Larsen & Toubro for the next phase of industrial.
Asia Leaders
BYD’s Next Test Is Bigger Than Beating the Global Carmakers
A FigureAsia examination of how Wang Chuanfu is positioning BYD for the next phase of automotive.
Asia Leaders
The Biologic Drug Boom Needs John Rim’s Factory Floor
A FigureAsia examination of how John Rim is positioning Samsung Biologics for the next phase of biotechnology.
Asia Leaders
Canon Is Finding New Precision Beyond the Camera
A FigureAsia examination of how Fujio Mitarai is positioning Canon for the next phase of consumer technology.
Asia Leaders
Kia’s Reinvention Is Now Song Ho-sung’s Operating System
A FigureAsia examination of how Song Ho-sung is positioning Kia for the next phase of automotive.
Asia Leaders
Abdulrahman Al-Fageeh Is Fighting the Commodity Cycle With SABIC’s Portfolio
A FigureAsia examination of how Abdulrahman Al-Fageeh is positioning SABIC for the next phase of chemicals and materials.
Asia Leaders
Thammasak Sethaudom Is Managing SCG Through a Brutal Industrial Cycle
A FigureAsia examination of how Thammasak Sethaudom is positioning SCG for the next phase of industrial.