Top 10 Most Inspiring CEOs to Watch in 2023

1. Behind the Scenes Exploring the Leisure Pursuits of Successful CEOs What Sets Them Apart The 5 Key Mindsets of Excep?onal CEOs Ghotra Leading the Charge towards a Greener Future

4. Glue That Binds the Crew

5. ver wonder if being a CEO is more than just a job? As At CIOLook, we celebrate CEOs worldwide who have Steve Jobs once said, 'I am convinced that about half propelled their companies to stand out in the compe??ve E of what separates successful entrepreneurs from the business world. In this issue ?tled "Top 10 Most Inspiring non-successful ones is pure perseverance.' This CEOs to Watch in 2023," we pay tribute to their journeys. perseverance, this indefa?gable spirit, is o?en what Naviga?ng business leadership requires innova?on, propels individuals into the upper echelons of corporate adaptability, and a commitment to excellence, and these leadership. But is it just about personal success, or is there CEOs exemplify these quali?es. They stand as beacons of something deeper? inspira?on for aspiring and seasoned leaders alike. CEOs aren't just corporate captains; they're visionaries Have an enlightening read ahead! shaping the future. It's not just about profits; it's a calling. Think of them as the captain of a ship, naviga?ng through uncharted waters. Some?mes they have to make tough Managing Editor calls, like whether to sail into new markets or weather the storm in exis?ng ones. Other ?mes, they're the glue holding the crew together, ensuring everyone is rowing in the same direc?on. In a world where businesses are under the microscope for their values and responsibili?es, CEOs are leading a change. They're not just managing; they're leading with purpose, resilience, and a sense of duty. It's a new kind of leadership that matches what society now expects from corporate leaders. So, next ?me you see a CEO making tough decisions and driving change, remember, it's more than a job—it's a calling. Being a CEO isn't just a ?tle; it's an opportunity to make a mark on the world.

6. 06. Cover Story Ghotra Leading the Charge towards a Greener Future

7. Contents 16. Ammar Akhtar Driving Transforma?on in Car Rentals 24. Arif Esa Pioneering the Future of Finance with Innova?on and Impact 32. Julie Macklowe A Whiskey Connoisseur Articles Articles Behind the Scenes! Exploring the Leisure Pursuits 20. of Successful CEOs What Sets Them Apart! The 5 Key Mindsets of 28. Excep?onal CEOs

8. Cover Story Dr. Paul Ghotra Leading the Charge towards a Greener Future We believe that everyone has a responsibility to look after our planet, and we strive to make greener choices by providing top-notch solutions. Our mission is to create a more sustainable future for all.

10. limate change looms as one of the most pressing Institute of Technology, where he honed his skills and challenges, affecting communities, ecosystems, and expertise in engineering. C economies across the globe. As the effects become increasingly evident, the urgency to find sustainable Armed with a strong educational foundation and a deep- solutions has never been more paramount. rooted purpose, Dr. Paul Ghotra emerged as a true pioneer and innovator in the green energy sector. As a Founder and In a world that hungers for sustainable solutions to combat CEO of CIMtech Green Energy, he spearheaded the climate change, a myriad of forward-thinking initiatives and development of groundbreaking green energy technologies eco-conscious endeavors have taken center stage. From that aim to achieve carbon-neutral goals on a global scale. renewable energy sources and green infrastructure to circular economies and mindful consumption, the collective Under his leadership, the research team at CIMtech Green efforts of individuals and organizations are igniting a Energy has created products that hold the potential for transformative path toward a greener and more sustainable significant impact in reducing greenhouse gas emissions. future. His commitment to creating a more sustainable future for generations to come has earned him accolades from peers Among the pioneers and innovators in this field, one name and environmentalists alike. stands out – Dr. Paul Ghotra. His remarkable journey from a mechanical engineer to a leading force in the green energy Join us as we highlight the remarkable achievements of Dr. sector has been fueled by a burning desire to create a Paul and explore the infinite potential of green energy greener future, inspired by the loving memory of his father. solutions in shaping a better world for all! In 1988, Paul arrived in the vibrant city of Vancouver, Pioneering a Sustainable Future Canada, ready to embark on a career in engineering. He quickly found his place at one of British Columbia’s top Twenty years ago, Paul Ghotra founded CIMtech Green high-tech companies, where he joined as a Mechanical Energy with a clear mission in mind – to develop cutting- Engineer. Little did he know that this opportunity would edge technologies that would significantly reduce the shape the trajectory of his life and ignite a passion for carbon footprint. Central to the company’s vision was the sustainability that would fuel his future endeavors. creation of green energy products that would not only enrich people’s lives but also demonstrate a deep respect for The company Paul joined was on a remarkable growth our planet. trajectory, starting with just ten employees and expanding to a massive workforce of 5000 within a mere fifteen years. From the outset, CIMtech Green Energy set its sights on During this time, Paul gained invaluable experience in creating portable green hydrogen generators for both various roles, honing his skills and facing challenges head- consumers and commercial applications. To achieve this on. It was this rich experience that nurtured his desire to ambitious goal, the company invested substantially in make a lasting impact in the field of engineering. research and development (R&D) initiatives, focusing specifically on hydrogen green energy products. However, Paul’s journey was deeply intertwined with a heartfelt mission – fulfilling his late father’s dreams. From a A pivotal moment in the company’s journey came with the young age, his father instilled in him a burning desire to successful development of patented Plug & Play hydrogen pursue a career in engineering and contribute to a greener cylinder technologies. This groundbreaking achievement future. Tragically, his father passed away while Paul was empowered users to safely store hydrogen gas, enabling still a child, leaving an indelible mark on his heart. In honor efficient on-demand green power generation. of his father’s passion for engineering and a clean environment, Paul dedicated his life to fulfilling that dream. Throughout its existence, CIMtech Green Energy has remained steadfast in its commitment to providing reliable To equip himself for this noble mission, Paul underwent and sustainable green energy solutions that actively rigorous training in manufacturing engineering, precision contribute to preserving the planet. The company takes mechanics, and instrumentation at one of India’s leading great pride in its innovative technologies, positioning it as a technical universities. His thirst for knowledge led him to trailblazer in the clean energy industry. further education at the prestigious British Columbia

12. CIMtech Green Energy’s driving force lies in its unwavering dedication to creating cost-effective and efficient green solutions, fueling the world’s transition toward a greener future. The conviction that each person has an obligation to protect the environment is at the heart of CIMtech Green Energy’s Two decades ago, Paul Ghotra philosophy. It actively supports greener options through its solutions, fighting for a more sustainable future for founded CIMtech Green Energy everybody by working to create a cleaner, brighter future with a vision to develop new with a vision informed by environmental awareness and a pioneering attitude. technologies to reduce carbon footprint. CIMtech’s goal was to Hi-Technology Realm design & develop green energy Working for a leading hi-technology company in British Columbia has been an invaluable experience for Paul. It has products which enhance people’s provided him with unique insights into the dynamics of a lifestyle and respect for the planet. modern business and engineering environment. Paul has developed a profound appreciation for how technology can be leveraged to help businesses achieve their objectives, and he understands the importance of continuous innovation to stay ahead of the competition. This experience has significantly shaped his approach to both business and engineering, encouraging him to be creative in problem-solving, think strategically about the implications of new technologies, and proactively plan for potential manufacturing processes, materials, and tooling into future scenarios. account early in the design phase, companies can avoid expensive rework or redesign during prototyping and Paul firmly believes that this diverse experience has production stages. The implementation of DFM has enabled equipped him to be an effective leader, capable of companies to achieve significant cost savings. DFM developing innovative solutions that drive growth for services, provided by CIMtech Green Energy, have resulted companies. He understands the significance of aligning in a substantial $5 million in savings for their customers, technology and business objectives to maximize success. enhancing their competitiveness within the green hydrogen Additionally, his exposure to a dynamic high-tech sector. Their team has also successfully identified and environment has instilled in him a deep commitment to optimized various tooling processes, reducing assembly achieving excellence in everything he undertakes. complexity and enhancing product quality. This approach can prove advantageous for any business seeking to Through his journey in the hi-tech realm, he has honed his streamline its manufacturing operations and elevate product leadership skills and embraced the value of fostering a quality. culture of innovation within organizations. He firmly believes that embracing creativity and innovation is key to Honoring a Father’s Legacy unlocking new opportunities and achieving sustained success in the fast-paced world of technology. Paul Ghotra’s father had a profound desire to educate and inspire him, envisioning a future where he would become a Crafting a Path to Efficiency and Cost Savings pioneer in the engineering sector, working towards a greener and cleaner world. Tragically, when Paul was just a Design for Manufacturing (DFM) is an integral aspect of young boy, his father passed away, leaving behind an the product development process. It entails a methodical enduring legacy of passion for engineering and a approach to creating products that are both economically commitment to environmental preservation. viable and cost-effective to manufacture. By taking

14. In memory of his beloved father’s aspirations, Paul instrumentation, and manufacturing engineering has dedicated his life to fulfilling the dream they both shared - a profoundly shaped his problem-solving and innovation career in engineering for a cleaner and more sustainable approach. At the core of his methodology lies a strong future. To equip himself with the necessary skills and analytical mindset, where he meticulously evaluates knowledge, Paul pursued training in manufacturing challenges while considering the available resources. This engineering, precision mechanics, and instrumentation at approach allows him to formulate plans that not only one of India’s leading technical universities. His thirst for demonstrate efficiency but also exhibit cost-effectiveness. knowledge and determination to honor his father’s memory led him to pursue further education at the prestigious Furthermore, Paul’s deep understanding of Design for British Columbia Institute of Technology in Canada. Manufacturing (DFM) plays a pivotal role in enhancing the problem-solving process. By applying DFM principles, he The loss of his father became the driving force behind Paul can identify areas where changes and optimizations can be Ghotra’s journey in engineering. His passion for making a made to improve overall efficiency and cost-effectiveness in positive impact on the environment, fueled by the love and product development and manufacturing. inspiration from his father, has guided him to become a visionary leader in the green energy sector. Through His diverse background in engineering equips him with the CIMtech Green Energy, Paul’s pioneering work is ability to think beyond conventional boundaries, fostering a transforming the landscape of clean energy solutions, culture of creativity and innovation within his approach. creating a more sustainable future for generations to come. This unique perspective enables him to devise novel and His father’s legacy lives on in every innovative solution cutting-edge solutions that often outperform those of his developed by CIMtech, serving as a powerful reminder of peers. the profound impact one person’s dream and love can have on shaping a better world. Remarkable Achievements Pioneering Engineering Excellence Under Paul Ghotra’s exceptional leadership at CIMtech, the team accomplished several remarkable feats. One such Paul Ghotra’s expertise in precision mechanics, achievement was the completion of a complex project

15. ahead of schedule. Despite the project’s typical timeline of months, the team successfully finished it within an astonishing three weeks. This remarkable success can be attributed to the efficiency and timely management skills demonstrated by the employees, resulting in heightened CIMtech Green Energy has been customer satisfaction. dedicated to providing reliable and Additionally, the engineering team played a pivotal role in sustainable green energy solutions the development of intricate air-bearing rotary tables. Their expertise in precision mechanics, instrumentation, and that help people save the planet. We optics was indispensable for this project. After months of are proud of our innovative dedication and hard work, they successfully created a highly advanced and accurate machine. This achievement technologies, which have helped us opened up new market opportunities for CIMtech, showcasing its commitment to pushing the boundaries of become a leader in the clean energy engineering. industry. Our commitment is to Furthermore, CIMtech’s Green Energy research team continue developing cost-effective, achieved significant strides in the field of portable hydrogen generators with patent-pending technologies. The aim of efficient green solutions that will this patented technology was to provide easy access to power the world into a greener future. hydrogen through plug-and-play cylinders. The success of this project was a result of collaboration with engineers and scientists from around the world, exemplifying the dedication and hard work of CIMtech’s talented employees.

16. This cutting-edge technology holds the potential to borders, garnering global attention and acclaim. His revolutionize the green energy sector and drive significant relentless pursuit of excellence and visionary leadership has positive change for the environment. been recognized through a series of prestigious awards and accolades, solidifying his position as a trailblazer in Advice for Aspiring Entrepreneurs engineering and business. Paul, while giving advice to aspiring entrepreneurs, says, At The list of received awards for Paul is as follows: the heart of any successful business is a strong commitment to growth, development, and success. As your business · Honorary Doctorate Degree in Engineering grows and evolves, though, it’s important to remember that there will be highs and lows along the way. With a positive · 2022 Winner - Business Excellence Award attitude and an eye for opportunity, you can make sure that your business remains on track for long-term growth and · Indian Achievers Award 2022 for Business Leadership success. · 10 Most Influential Business Leaders to Watch in 2023 One of the most important steps toward success is understanding when to take calculated risks. Businesses that · Canada’s Leading Manufacturing Engineering Expert of stay stagnant and don’t try new things will often find the Year 2023 themselves falling behind their competition. Knowing when to take risks and seize opportunities can be essential for a · 30 Innovative Brands of the Year 2022 business’s long-term growth and development. · 10 Smartest Companies to Watch in 2022 (The Chief’s Having a clear vision of where you want your business to Digest), etc go and staying focused on that goal can also help you stay on track for success. Whether you’re trying a new product · The Most Admired Global Indians 2022 (Passion Vista) or expanding your customer base, having a well-defined plan can make the difference between success and failure. · Fastest Growing Companies in Green Energy 2022 It’s essential to remember that growth, development, and · Business Leadership Award 2022 success are not achieved overnight. Patience and commitment can be vital to success, and you should be · Canada’s 10 Best Manufacturing Companies 2021 prepared for any obstacles that may come your way. A Portfolio of Prestigious Awards Paul Ghotra’s remarkable reputation has transcended

18. Top 10 Most Inspiring CEOs to Watch in 2023 Akhtar Driving Transforma?on in Car Rentals Transforming the Seamless Digital Approach with multiple locations, and vast resources. However, the digital Finalrentals' State-of-the-art Methodologies! user experience seldom translates into a smooth real-world experience for customers. Complaints about transparency or every aspiring entrepreneur and seasoned and hidden charges during online bookings were common. business leader, the journey begins with a dream—a No matter how advanced the technology I had built was, the F vision of what could be. It's the inception point user experience was lacking." where an idea takes root and begins to germinate. This first milestone is often the most pivotal—the transition from With a profound understanding of the industry and a vision contemplation to action. It's the moment when to create a truly digital approach, Ammar Akhtar launched entrepreneurs decide to venture into the unknown, braving Finalrentals in December 2019. The endeavor began with a challenges and uncertainties in pursuit of their goals. In this modest capital of AED 32,000 and absolutely no external world of business, journeys are often marked by milestones, funding. "I started it with AED 32,000, and after licensing each one revealing a unique story. and other costs, the net operating capital I had in my hands at the time of launching Finalrentals was AED 15,000, to be For Ammar Akhtar, Founder and CEO of Finalrentals, exact," he recalls. Coming from a background as a software this journey began in 2006 when he left his homeland of architect leading engineering and design teams, Ammar had Pakistan in pursuit of better opportunities. Little did he limited knowledge of startups and funding. Finalrentals was know that his path would lead him to reshape the car rental built to be a lean organization, with 100% of its revenues industry. generated in real-time. As the Chief Software Architect for Budget Rent a Car in Below are the highlights of the interview: Dubai, Ammar was entrusted with a pivotal task: to build a website and an online car rental booking system. It was a Could you please brief us about your company and its role that would not only challenge his skills but also ignite inception story? his passion for the industry. "I didn't choose the industry, but the industry chose me," he reflects, realizing that this Finalrentals is different from others in the industry by was his niche. merging technology with the traditional car rental business. We work with local car rental businesses struggling to After more than a decade of invaluable experience in the compete with larger companies and adapt to the digital era. car rental sector, Ammar remained unconvinced that the We help them skyrocket their sales by introducing OTA traditional model provided a seamless experience for the connectivity and in-house technology, increasing their end customer. "In over 11–12 years of this experience, there online presence, and reaping the benefits through massively was a storm brewing inside me," he explains. "The car improved revenue. rental companies did a lot, with hundreds of employees, 16 www.ciolook.com | September 2023 |

19. , , Do not be afraid of being a small company, as that puts you in a powerful position. Only small companies can grow to disrupt the industry, eventually becoming titans in their sector. to six-figure funding from prominent investors and fast- forwarding our growth trajectory. Though risks are always scary in business, I now know they are part of the adventure. While the decisions don't necessarily get easier, especially with more on the line, these early risks have taught me what needs to be done to succeed. Ammar Akhtar How do you prioritize tasks and manage your time Founder and CEO effectively as a CEO, and how do you foster a positive Finalrentals company culture and motivate your team? I do not see tasks as a one-time job but as a process that takes us to our end goal. I make sure we are hitting all the My business story began after I moved from Pakistan to the deadlines and all the procedures are in place. As a company, UAE in 2006. I started as a Software Architect, building we are very flexible; we do not have the concept of work digital systems for Budget Rent-A-Car. Working in the hours or pay cuts; we work on a very lean team model industry and seeing the problems involved inspired me to where we all work together to achieve one goal, and that is think about revolutionizing the digital user experience and innovation. combining the car rental industry with technology. We work together in a way that we are all in this together. After sitting on the idea for several years, Finalrentals was cemented as a business in 2019, and we have gone from Can you provide an example of a challenging situation strength to strength since. you faced as a CEO and how you resolved it, and how you stay updated with industry trends and Could you share a defining moment or experience from advancements? your early career that shaped your leadership style and decision-making approach? In the infancy of Finalrentals, I invested my life savings into the business and faced a $350,000 loss in the first year. Early on in Finalrentals, I committed 62% of my salary for Many people would have been deterred by this, especially two years, dedicating myself to aiding and securing the with the difficulties of the unprecedented COVID-19 business' financial help. This was a huge risk on my part pandemic. Instead of giving up, we preserved ourselves as a and easily could have backfired. However, this defining business and adapted. We embrace remote working, moment was the beginning of a series of triumphs, leading streamline operations, and focus on our export mission to 17 www.ciolook.com | September 2023 |

20. not only keep the business working but to keep it What are your strategies for attracting and retaining expanding. top talent, and how do you approach strategic partnerships and collaborations to drive business In a rapidly changing business landscape, how do you growth? stay ahead of the curve and foster a culture of innovation within your organization? We have started a graduate program within Finalrentals, targeting the abundant young talent in Wales and beyond. Innovation is the beating heart of Finalrentals, and ambition The 90-day apprenticeship hones the skills of the is integral to this. Over our short time, we have won individual, setting them up for a successful career within numerous awards for our innovation, including Most the company. So far, the graduate program has brought in Innovative Company from DTEC and Best Design and 10 successful colleagues, with plans to widen the program Innovation at EXPO 2020. in the future. Our innovation is tailored towards technological Celebrating new talent is one of our main goals as a development, an advancement untapped in the car rental company, and winning Fintech Wales Best Apprentice of industry. We are constantly updating and adapting our the Year 2023 is a testament to this. technology, designed in-house, to stay ahead of the curve but also to the benefit of our partners. What advice would you give to aspiring young entrepreneurs who aspire to become successful CEOs What is your approach to managing risk and ensuring and leaders? compliance within the organization, how do you handle setbacks or failures, and what lessons have you learned Do not be afraid of being a small company, as that puts you from them? in a powerful position. Only small companies can grow to disrupt the industry, eventually becoming titans in their I always see failures as a blessing, because if we are not sector. making mistakes, that means we are not growing or we are not growing fast enough. In the world of blitzscaling, it is Part of my plan is to inspire a new generation of very important to move fast, make mistakes, learn fast, and entrepreneurs to be pioneers of change. Do not be afraid of move on, and that is how we deal with failures at revolution and the resistance you face along the way. Finalrentals. Please give us a few testimonials from your clients and Success and failure often go hand in hand in the awards or recognition that accurately highlight your business world. How do you approach and learn from achievements in the corporate niche. failures, and how has failure contributed to your growth as a leader? - Meed Digital Brand of the Year 2018-2019 That first loss of $350,00 was incredibly hard, but it taught - Auto Rental Fastest Growing Car Rental Brand me perseverance and determination as an entrepreneur and as a leader. Giving up was not an option, and resilience can - Insider Magazine 40-Under-40 2022-2023 get you a long way. It is because of these attributes, as well as knowing I was doing something innovative and full of - Techseed Poland Prize Innovation Programme Winner purpose, that Finalrentals has driven them to the successes 2020 they have achieved so far. - Seamless Best Design Thinking and User Experience As a leader, my goal is to instill that same purpose in my 2022-2023 team. Our graduate scheme allows our team members to nurture and hone their skills before taking on the full - LDN CEO Of The Year 2022-2023 responsibility of their positions. - "Our online business has grown from 0 to almost $12,983 within weeks after joining Finalrentals Program" - Rena Forbes, franchise owner in Jamaica. 18 www.ciolook.com | September 2023 |

22. Exploring the Leisure Pursuits of Successful CEOs n a world where CEOs are often portrayed as successful leaders make a conscious effort to delve into constantly glued to their desks, making tough literature that takes them far away from the corporate I decisions, and navigating the intricate web of corporate world. Bob Turner, a seasoned CEO in the hospitality responsibilities, it's easy to forget that these high-powered sector, is known for his love of historical fiction. He believes that immersing himself in captivating narratives set individuals are humans too. Beyond the boardroom and in different eras allows him to escape the pressures of his behind the scenes, successful CEOs engage in a variety of job and gain fresh perspectives. leisure pursuits that might surprise you. Let's take a closer look at the hobbies and activities that Aside from reading, some CEOs are also passionate about help these leaders unwind and find balance in their hectic writing. Sarah Mitchell, the CEO of a marketing firm, has a lives. secret talent for poetry. She describes her writing as a form of self-expression and a way to tap into her creativity. One common thread among many CEOs is a passion for Mitchell believes that engaging in artistic endeavors outside physical fitness. It turns out that the corner office isn't the the office not only enhances her problem-solving skills but only place where these leaders break a sweat. Take Mark also fosters a more innovative approach to her work. Anderson, the CEO of a thriving tech company, for example. When he's not immersed in the fast-paced world When it comes to unwinding, many CEOs turn to hobbies of technology and innovation, you can find him lacing up that connect them with nature. John Reynolds, a CEO with his running shoes and hitting the pavement. Anderson a background in renewable energy, is an avid bird watcher. swears by his daily run as a way to clear his mind, boost his He eagerly shares stories about his weekend birding energy levels, and maintain a healthy work-life balance. adventures and the sense of calm he derives from observing nature's wonders. Reynolds believes that spending time Similarly, Susan Ramirez, the CEO of a successful fashion outdoors not only rejuvenates the spirit but also provides brand, has discovered the therapeutic benefits of yoga. She valuable insights into sustainable practices that can be confesses that the demanding nature of the fashion industry applied in both his personal and professional lives. can be overwhelming, but a regular yoga practice helps her stay centered and focused. Ramirez emphasizes the In the realm of creative pursuits, photography is a importance of finding an activity that not only keeps you surprisingly popular hobby among CEOs. Amanda Foster, physically active but also provides mental clarity—a crucial the head of a successful advertising agency, has a keen eye element in the high-stakes world of fashion. for capturing moments that tell compelling stories. Foster views photography as a form of visual storytelling, Interestingly, a significant number of CEOs are avid allowing her to communicate ideas and emotions without readers. You might assume that their noses are always saying a word. buried in financial reports or industry journals, but many 20 www.ciolook.com | September 2023 |

23. 21 www.ciolook.com | September 2023 |

24. In a world where communication is often dominated by words, Foster finds solace in the silent language of images. Family time is also a top priority for many CEOs. Contrary to the image of workaholics chained to their desks, successful leaders like Michael Chen, a CEO in the finance sector, prioritize quality time with their loved ones. Chen cherishes weekends spent exploring hiking trails with his family and emphasizes the importance of creating a strong support system outside the corporate environment. The concept of philanthropy is another common thread among successful CEOs. Many of these leaders are actively involved in charitable activities, using their resources and influence to make a positive impact on society. Laura Rodriguez, the CEO of a global consulting firm, is dedicated to supporting education initiatives in underserved communities. Rodriguez believes that giving back not only contributes to the greater good but also instills a sense of purpose and fulfillment beyond the boardroom. In the digital age, it's no surprise that technology plays a significant role in the leisure pursuits of CEOs. Video gaming, once considered a pastime for the younger generation, has found a fan base among executives as well. James Parker, the CEO of a successful e-commerce platform, confesses to being an avid gamer. He finds that gaming provides a welcome escape from the pressures of the business world and allows him to connect with people from different walks of life. As we peel back the layers of the lives of successful CEOs, it becomes evident that their leisure pursuits are as diverse as their professional backgrounds. From physical activities that keep them fit to creative outlets that nurture their minds, these leaders are more than just decision-makers in the corporate arena. They are individuals with passions, interests, and a desire to find balance in their lives. So, the next time you envision a CEO, picture them not only in the boardroom but also on a hiking trail, immersed in a captivating novel, or even engrossed in a video game. Behind the scenes, successful CEOs are carving out moments of joy and relaxation, proving that a well-rounded life is the key to sustained success in the fast-paced world of business. - Alaya Brown 22 www.ciolook.com | September 2023 |

26. Arif Esa Co-Founder and CEO moneyIN Global | Cable Exchange Group Arif Esa Pioneering the Future of Finance with Innovation and Impact 24 www.ciolook.com | September 2023 |

27. Top 10 Most Inspiring CEOs to Watch in 2023 Passion, Expertise, Opportunity, and the Transformative Cable Exchange Group is a multifaceted organization that Power of Finance! operates as a consultancy, asset management company, and an innovative infrastructure finance organization. Our n the fast-paced world of finance, where money moves primary focus is on delivering pioneering infrastructure at the speed of light and markets fluctuate in the blink projects in the poorest and most fragile countries. I of an eye, innovation and impact have become driving forces that shape the industry. Our story at Cable Exchange Group is a testament to our commitment to making a positive impact in some of the Arif Esa stands as a visionary leader, driving change world's most vulnerable regions. We have diversified our through his role as Co-Founder and CEO of moneyIN operations to include not only infrastructure finance but also Global and Cable Exchange Group. His journey is a engaging in the global energy market. With integrity and testament to the transformative power of passion, expertise, wide industry participation, we have gained the confidence opportunity, and a relentless pursuit of innovation. of major dealers and established strong partnerships with key global players in the energy sector, propelling us to For Arif, passion has always been the guiding light. His become one of the leading players in the oil and energy fascination with the potential of the financial industry and market. its transformative power ignited a deep-seated desire to make a positive impact. The world of finance, dynamic and Our purpose is to combat poverty in these vulnerable ever-evolving, became the canvas on which he envisioned regions by providing pioneering infrastructure that helps change and innovation. stimulate economic growth and positively impacts people's lives. We firmly believe that access to affordable and sustainable infrastructure services is essential to uplift low- Arif’s journey is built upon a strong foundation of income countries and fragile states, contributing to poverty expertise. Over the years, he has meticulously cultivated knowledge and experience in finance, technology, and reduction and fostering economic development. entrepreneurship. This expertise has not only fortified his understanding but has also instilled the confidence to Our vision centers around enhancing the provision of such navigate the complexities of the financial world and drive infrastructure services in these regions. We strive to meaningful change. leverage local capital and credit markets for financing these projects, thereby building capacity and resilience in frontier Entrepreneurship often thrives on identifying opportunities markets. By doing so, we aim to create a sustainable model in uncharted territories. Arif has been a keen observer, for infrastructure development that can have lasting benefits spotting gaps in the market where traditional financial for the communities we serve. systems fell short of meeting modern needs. These identified opportunities served as catalysts, propelling him At the core of our mission is our commitment to operating to envision and create companies like moneyIN Global and at the frontier of infrastructure development in low-income Cable Exchange Group, designed to deliver cutting-edge countries and fragile states. We take on a leadership role in financial solutions and services. these projects, providing development capability, funding, and finance solutions across the entire project cycle. Our Arif is an ardent believer in innovation. He thrives on goal is to ensure that our infrastructure provision results in pushing boundaries, exploring new horizons, and high development impact while also developing local embracing the forefront of technological advancements. capacity and the potential of local credit and capital Through innovation, he has sought to disrupt existing markets. norms, setting new standards and ushering in a new era for the financial industry. In addition to our infrastructure projects, we are also engaged in the global energy market. We strive to meet the Join us as we explore his remarkable path, his visionary growing demand for energy products, offering a range of approach, and the transformative role he plays in shaping commodities such as gas, light and medium distillates, the future of finance! refined petroleum products, and more. We take pride in our efficient and timely delivery of these products to customers Could you please brief about your company and its worldwide. inception story? 25 www.ciolook.com | September 2023 |

28. Integrity and wide participation in the industry have been communication, we can streamline processes and avoid the pillars of our success. We have earned the confidence of misunderstandings that may lead to time wastage. major dealers in the world, enabling us to forge strong partnerships with key global players in the energy sector. As • Using Technology: Leveraging technology and tools a result, Cable Exchange Group has become one of the for project management, communication, and time leading players in the oil and energy market. tracking helps optimize efficiency and collaboration within the organization. With a vast network spanning 40 countries and regions across Asia Pacific, Europe, Africa, and the Americas, we • Regular Reviews and Assessments: I regularly review source and supply specialized types of crude oil to meet the progress on projects and initiatives to identify potential specific requirements of each client. Our commercial bottlenecks and areas for improvement. This proactive portfolio includes petroleum products, coal, metals, approach enables me to make necessary adjustments transportation, and fertilizers. and allocate resources effectively. As a company, we place great emphasis on reliability and In a rapidly changing business landscape, how do you ethical conduct. We conduct our business with stay ahead of the curve and foster a culture of professionalism, adhering to high standards of safety and innovation within your organization? risk management. This commitment to honesty and integrity is highly valued by our trading partners, In a rapidly changing business landscape, staying ahead of customers, and dealers. the curve and fostering a culture of innovation are critical for the success and sustainability of any organization. As a How do you prioritize tasks and manage your time leader, I am dedicated to creating an environment that effectively as a CEO, and how do you foster a positive encourages creativity, embraces change, and prioritizes company culture and motivate your team? innovation. Here are some of the key strategies I employ to achieve this: As a CEO, prioritizing tasks and managing time effectively is crucial to ensure the success and growth of the company. • Emphasize a Growth Mindset I believe in employing a structured approach to task • Encourage Idea Generation prioritization, focusing on the most critical and high-impact • Empowerment and Autonomy activities first. Here are some key strategies I use to manage • Collaboration and Cross-functional Teams my time effectively: • Invest in Research and Development • Learn from Customers and Market • Setting Clear Goals: I establish clear and specific goals • Reward and Recognize Innovation for the company and each team. These goals help me • Foster a Learning Culture prioritize tasks that align with our long-term vision and • Lead by Example objectives. • Embrace Emerging Technologies • Time Blocking: I allocate specific time blocks for By fostering a culture of innovation, our organization can different tasks and responsibilities. This helps me stay adapt swiftly to changes in the business landscape, identify focused and avoid distractions while addressing opportunities for growth, and maintain a competitive edge. important matters. Embracing creativity and forward-thinking ensures that we • Delegation: I believe in empowering my team members are well-prepared to address challenges and seize and delegating tasks based on their strengths and opportunities as they arise, enabling us to thrive in an ever- expertise. Delegating responsibilities frees up time for evolving business world. me to focus on strategic decision-making and overall company direction. What advice would you give to aspiring young entrepreneurs who aspire to become successful CEOs • Effective Communication: Open and transparent and leaders? communication is vital to ensuring that everyone is on the same page. By fostering a culture of clear To aspiring young entrepreneurs who dream of becoming 26 www.ciolook.com | September 2023 |

29. successful CEOs and leaders, I would offer the following Testimonial 2: advice: "MoneyIN Global will be revolutionizing the way we conduct financial transactions. Their innovative digital "Failure is not a roadblock, but rather an invaluable platform has made the transition to a cashless society experience. What some may interpret as a loss or failure, I seamless and secure. Arif Esa's leadership has been view as a stepping stone toward growth, and success as a visionary, and the positive impact on our community has testament to our determination." - Arif Esa been remarkable. It's no surprise they have been recognized as one of the most influential leaders to watch." - Hassan. • Embrace Failure as a Stepping Stone • Develop a Growth Mindset In addition to the testimonials from our clients, the awards • Be Passionate and Purposeful and recognition we have received are a testament to our • Stay Persistent and Resilient commitment to excellence and innovation: • Surround Yourself with the Right People • Continuously Learn and Adapt • Finalist, Rhodes Island Go Global Awards 2023: Being • Embrace Innovation and Creativity selected as a finalist for this prestigious award • Lead with Integrity and Ethical Values showcases our ability to drive global growth and our • Take Calculated Risks impact on an international scale. • Celebrate Your Journey • Awarded 2nd Place, Maroc Entrepreneurs Program Remember, the road to success is not linear, and failure is a 2023 Paris: This recognition highlights our leadership natural part of the journey. Embrace it, learn from it, and let and contributions to entrepreneurship in the it fuel your determination to create a meaningful impact as international arena. a successful entrepreneur and leader. With passion, resilience, and a growth mindset, you can achieve your These accolades and testimonials are a reflection of the hard aspirations and make a difference in the world. work, passion, and dedication that our team puts into every endeavor. We are committed to continuous improvement, Please give us a few testimonials from your clients and innovation, and driving positive change in the corporate awards or recognition that accurately highlight your niche and beyond. We will continue to strive for excellence achievements in the corporate niche. and maintain our position as a leader in the industry, delivering exceptional value to our clients and making a I am humbled and grateful for the recognition we have positive impact in the global financial landscape. received in the corporate niche. Being awarded as one of the most influential leaders to watch for two consecutive years, 2022 and 2023, speaks to the dedication and hard work of our team at Cable Exchange Group and moneyIN Global. Testimonials from our valued clients have been a testament to the impact we have made in their lives and businesses. Here are a few testimonials that highlight our achievements: Testimonial 1: "Our experience working with Arif Esa and the team at Cable Exchange Group has been nothing short of exceptional. Their expertise and strategic guidance have been instrumental in the successful execution of our infrastructure projects. Their commitment to financial structuring and strengthening client relationships has set them apart as industry leaders. We look forward to continuing our partnership for future endeavors." - Mohammed. 27 www.ciolook.com | September 2023 |

30. The 5 Key Mindsets ofExceptional CEOs ver wondered what makes a CEO exceptional? Is it their strategic acumen, their ability to inspire, or E perhaps a bit of magic dust? Well, it turns out, it's more about the mindsets they carry than any elusive secret sauce. In the dynamic world of business, CEOs stand out not just for their titles but for their unique ways of thinking and approaching challenges. So, let's unravel the five key mindsets that set these leaders apart and make them remarkable. Visionary Thinking: CEOs possess a visionary mindset that goes beyond their day-to-day operations. They have a knack for seeing the bigger picture, envisioning where the company should be in the future, and setting a clear path to get there. It's not just about meeting quarterly targets; it's about crafting a narrative for the company's long-term success. This mindset is akin to a chess player thinking several moves ahead. Visionary leaders anticipate industry trends, identify emerging opportunities, and position their organizations to capitalize on them. They understand that success is not just about reacting to the present but also about shaping the future. In your everyday life, embrace this mindset by asking yourself, "What's the bigger picture here? What can we achieve in the long run?" It's not about having a crystal ball but rather about fostering a habit of strategic thinking. 28 www.ciolook.com | September 2023 |

31. Adaptability: Change is the only constant in the business world, and CEOs understand the need to adapt constantly. They don't just weather storms; they dance in the rain. This adaptability mindset allows them to navigate through uncertainties, pivot when necessary, and turn challenges into opportunities. Think of it as being a chameleon in the business jungle. Exceptional leaders are not rigid; they're flexible. They understand that what worked yesterday might not work tomorrow. By embracing change, they keep their organizations nimble and ready to face whatever curveballs the market throws at them. To adopt this mindset, ask yourself, "How can we turn this challenge into an opportunity? What changes can we make to stay ahead of the curve?" Embrace the idea that change is not the enemy but rather the ally that propels you forward. Customer-Centric Approach: CEOs have a deep-seated customer-centric mindset. They don't just sell products or services; they solve problems for their customers. This mindset extends beyond making profits; it's about building lasting relationships and understanding the needs and desires of the customer base. Picture it as a conversation. When you're customer-centric, you're not just talking to your customers; you're engaging in a dialogue. Remarkable leaders listen to customer feedback, adapt their offerings based on customer needs, and prioritize customer satisfaction as a key metric of success. In your daily life, adopt this mindset by asking, "How does this benefit our customers? What problems are we solving for them?" Shift the focus from what you want to sell to what your customers truly need, and you'll find success follows suit. Growth Mindset: CEOs harbor a growth mindset, both for themselves and their teams. They view challenges as opportunities to learn and grow, embracing the philosophy that failure is not the end but a stepping stone to success. This mindset fosters a culture of innovation and continuous improvement within the organization. Imagine it as a garden. A growth-minded CEO doesn't shy away from planting new seeds, experimenting with different approaches, and learning from both successes and failures. This mindset is contagious, spreading throughout the organization and encouraging employees to push their boundaries and reach new heights. 29 www.ciolook.com | September 2023 |

32. To integrate this mindset into your routine, ask, "What can we learn from this experience? How can we improve and grow from it?" Embrace challenges as opportunities to stretch your capabilities, and watch as both you and your team flourish. Emotional Intelligence: Last but certainly not least, , , remarkable CEOs possess a high level of emotional intelligence. They understand that leadership is not just about numbers and strategies; it's about people. This mindset involves empathy, effective communication, and Exceptional CEOs the ability to connect with others on a personal level. Think of it as conducting an orchestra. A CEO with embody a mindset of emotional intelligence knows when to play each instrument, balancing the needs and emotions of the team to create a perpetual harmonious work environment. They inspire loyalty and commitment because they genuinely care about their innovation, employees. navigating In your interactions, develop this mindset by asking, "How does this decision impact our team emotionally? How can I challenges with communicate in a way that resonates with them?" Treat your team not just as cogs in a machine but as individuals resilience, and with emotions and aspirations, and you'll find that a motivated team is the key to remarkable results. fostering a culture of Conclusion: continuous growth. CEOs aren't born; they develop these mindsets over time, continually refining and adapting them as they navigate the ever-evolving landscape of business. So, the next time you , , find yourself pondering the traits that set great leaders apart, remember that it's not about possessing some mystical skill. It's about embracing visionary thinking, adaptability, a customer-centric approach, a growth mindset, and emotional intelligence. Incorporate these mindsets into your leadership journey, and who knows? You might just find yourself at the helm of a remarkable organization. - Alaya Brown 30 www.ciolook.com | September 2023 |

34. Julie Macklowe Founder/CEO The Macklowe Whiskey Company 32 www.ciolook.com | September 2023 |

35. own company. In 2011, she took the entrepreneurial leap and founded Vbeauté, a luxury skincare line that quickly gained recognition and popularity. From its launch at Bergdorf Goodman to becoming a standout brand on HSN, Julie’s determination to create something exceptional was evident. Julie’s entrepreneurial drive was not to be contained. In 2019, inspired by her love for the world’s finest whiskies, she embarked on an entirely new venture—The Macklowe. This wasn’t just any whiskey; it was the first luxury American Single Malt, a reflection of Julie’s boldness and vision. Collaborating with Master Blender Ian MacMillian, she ventured into the world of spirits, laying down her own liquid in Kentucky. December 2022 marked a significant milestone for Julie as The Macklowe’s Private Collection made its debut. A testament to her unwavering commitment, the signature A Business Woman’s Quest for Success, Innovation, and Kentucky Edition was launched in May 2023. Julie’s Entrepreneurial Excellence! journey from finance to luxury skincare to crafting her own legacy in the world of American Single Malt exemplifies n the vast landscape of human dreams and goals, her capacity to embrace new challenges and redefine there’s something that unites us all—a deep and herself. I unyielding desire for success. It’s a dream we all share, an inner fire pushing us to achieve, do our best, and make a Join us as we explore her remarkable trajectory and the lasting impact on the world. This hunger, this passionate indomitable spirit that propels her forward! drive, is what keeps us moving forward. Could you please tell about yourself and what motivated Meet Julie Macklowe, Founder and CEO of The you to embark on this sector? Macklowe —a New York City businesswoman and passionate entrepreneur—who emerged hungrier for Have you ever been thrown into deep water to either swim success than ever before. Her journey is a testament to with the sharks or get eaten alive? And once you get wet, determination, vision, and an unyielding hunger to carve you find you’re just as hungry, maybe even hungrier, than her own path. the sharks? That was me. From a young age, Julie exhibited an insatiable yearning for I became hungry for success at an early age. My first job success. Her appetite for achievement was like a fire was in “hard” finance: stocks and hedge funds, of all things. burning within her, pushing her to dive headfirst into This was a high-testosterone, “win or die” world where the challenges, ready to conquer whatever obstacles stood in guys smoked cigars, played poker, and drank Scotch single her way. malts neatly. Every aspect of it was competitive. Now it had me, the renegade. Armed with a degree from the prestigious University of Virginia, Julie carved her initial path in the finance industry. So I showed up in my tailored Chanel skirts, stepped right She navigated the world of hedge funds, managing large into the middle of the arena, and learned the games. I’ve consumer portfolios for prominent players like SIGMA and since given up cigars and poker, but I learned how to drink Millennium Management. Her skills and expertise marked and love Scotch single malt. I grew up in business with the her as a formidable force in the financial world. feeling that men and women were essentially equal. But Julie’s aspirations didn’t stop there. She carried a vision That’s where the whiskey obsession began, and as I traveled that transcended her finance career—a vision to operate her the world for work, I started collecting whisky: the Far 33 www.ciolook.com | September 2023 |

36. inclusive of everyone who loved luxury: The Macklowe, the first luxury American single malt whiskey. A single malt of 100% barley because of the wide range of flavors that can be produced from that grain: fruity, spicy, smokey, or peaty. But I was not going to distill it myself: what I’m good at is bringing the right team together, setting up conditions so they can be the best at what they do, and directing the outcome. Could you share a defining moment or experience from your early career that shaped your leadership style and decision-making approach? East, Europe, ending up in Speyside, Kentucky, or Paris. Everywhere I went, I searched out the bottle shops and In the fast-paced and high-powered world of hedge funds, I duty-free shops and stuffed my suitcases for the trip home. had the opportunity to work closely with some of the One bottle leads to another bottle, and now I’ve got a crazy, world’s best and most influential CEOs. One particular big whiskey collection, primarily Scotch single malt. The experience stands out and has greatly influenced my bottles in my kitchen are the ones I drink every day, and leadership style and decision-making approach. then there’s the “collection”: old, rare, some of them priceless. But I drink what I buy; I’m driven by my palate, During that time, I encountered Sheldon Adelson, the owner not the price, and I love the entire range of flavors available of Las Vegas Sands, who left a lasting impression on me. from malted barley, from fruity and spicy all the way to Despite facing adversity when his company’s stock was at a smokey and peaty. low point of $1, Adelson displayed conviction, resilience, and a clear vision. He never doubted his mission, and years Could you please brief about your company and its later, his company regained its position as one of the inception story? world’s wealthiest. I moved from the trading floors to the top strategic levels of This experience taught me the importance of resilience, finance, got married, and had a beautiful little girl. But adaptability, and a relentless pursuit of innovation. I investing only creates wealth, not value, and I wanted to embrace challenges as opportunities for growth and strive make something of value, a product that people would love to foster a culture of collaboration and diversity within my to use. I created a line of organic skin care products called teams. Valuing empathy, I support and empower those Vbeauté and sold them exclusively on QVC. Instead of around me, recognizing that their success contributes to the looking at inventories, accounts receivable, and logistics overall success of the organization. from a purely abstract perspective, I now owned them, and I invested heavily in the people who managed them for me. Drawing from my finance background, I excel at taking We started Vbeauté with no guides, and we made a lot of calculated risks and remaining adaptable in the face of mistakes. I eventually closed the business, but I found I uncertainty. My leadership style is fueled by a strong sense loved the details of packaging, sourcing, and selling. of passion and purpose, which guides our decision-making and drives meaningful change throughout my career. Ten years later, I got pregnant again and had my second daughter, and I began to realize that you have to really love I’ve charted an unconventional path, transitioning from a what you’re doing if you’re going to be happy with it. And hedge fund to a skincare company and then starting an after she was born, I found myself in Scotland with my alcohol company. I am not afraid of the risks associated flask, started golfing there, and thought, I should be doing with winning or losing; my true fear lies in not being in the this every day! game at all. I took sensory courses to discover more about my own Success and failure often go hand in hand in the palate. I traveled through Scotland and Kentucky, business world. How do you approach and learn from consulting with some of the great distillers and blenders in failures, and how has failure contributed to your growth both places. I realized I wanted to make a single malt as a leader? whiskey that was luxurious but was uniquely American and 34 www.ciolook.com | September 2023 |

37. In the business world, success and failure often go hand in hand. When it comes to failures, I have a proactive approach to learning and growth. Drawing from my experience in the hedge fund industry, I learned the importance of quickly cutting losses and capitalizing on successes. I believe that proving out a business model from When faced with failure, I view it as an opportunity for reflection and analysis. I strive to understand the root causes of the failure and extract the start is of significant valuable lessons from it. By embracing failure as an inherent part of the importance. Typically, a journey, I can gain insights that contribute to my personal and professional growth. business that is ini?ally challenging tends to Failure has played a significant role in shaping me as a leader. It has taught me resilience, adaptability, and the significance of learning from remain difficult. mistakes. Through firsthand experiences of failure, I have deepened my Therefore, when you understanding of risk management, decision-making, and problem- witness success in a solving. These lessons have not only enhanced my ability to navigate challenges but also enabled me to better support and guide my team par?cular area, it is through adversity. essen?al to pursue it Ultimately, failure is not something to be feared or avoided but rather a further and scale. stepping stone to success. It provides valuable lessons and opportunities for growth, which have contributed to my continuous development as a leader. 35 www.ciolook.com | September 2023 |

38. What are your strategies for attracting and retaining For aspiring young entrepreneurs who aspire to become top talent, and how do you approach strategic successful CEOs and leaders, I have the following advice: partnerships and collaborations to drive business growth? I always emphasize the importance of spending your initial years acquiring as many core skills as possible. To this day, To attract and retain top talent, we employ several my extensive background in finance has provided me with strategies. First, we prioritize hiring the best individuals a toolkit for managing income statements, balance sheets, who align with our company’s vision and values. We and cash flow—skills that are extremely critical when establish clear key performance indicators (KPIs) and goals, running a startup. Additionally, I believe that proving a ensuring that everyone understands their expected targets. business model from the start is of significant importance. Compensation is structured to include both personal targets Typically, a business that is initially challenging tends to and overall contributions to the team and the company’s remain difficult. Therefore, when you witness success in a mission. While financial compensation is important, we find particular area, it is essential to pursue it further and scale that many of our employees are driven by the opportunity to it. create something new and contribute to building a new category in the industry. By devoting time to developing core skills, particularly in areas relevant to your industry, and validating your We often have individuals actively approaching our business model early on, you can establish a strong company, expressing their interest in working with us. We foundation for your entrepreneurial journey. Remember to value the energy and enthusiasm they bring and consider remain adaptable, keep a keen eye on market trends, and be them as potential hires. For us, it’s not just about the skills prepared to pivot if necessary. Building a successful and experience but also about finding individuals who share enterprise requires continuous learning, perseverance, and a our passion and drive. willingness to take calculated risks. Creating a positive and enjoyable work environment is Please give us a few testimonials from your clients and crucial for attracting and retaining talent. We believe that awards or recognition that accurately highlight your spending a significant amount of time with colleagues achievements in the corporate niche. should be fun and energizing. We seek individuals who not only have the required expertise but also possess great • “Another obvious triumph for the Macklowe Whiskey energy and a compatible personality. brand, which continues to expand upon and enhance the fast-growing American Single Malt Whiskey When it comes to strategic partnerships and collaborations, subcategory. An elegant, if restrained American we seek out like-minded organizations and individuals who whiskey treat.” — Review by F. Paul Pacult are open to new and exciting opportunities. We look for partners who bring a fresh perspective and a different • “The careful selection of the original new make approach, enhancing our ability to drive business growth. distillate was crucial, as were the Toast / Char levels of By fostering these collaborations, we can leverage their the American White Oak casks, to ensure that we expertise, resources, and networks to expand our reach and achieved the aromatic and flavor profiles that we so achieve shared goals. desired. The product is a Kentucky American Single Malt. Developed by using a combination of American In summary, our strategies for attracting and retaining top and Scottish traditional production and blending skills talent involve hiring the best individuals, setting clear goals, that have created a highly individual and impressive providing a stimulating work environment, and valuing the product in this category. All of the reaction maturation passion and energy they bring. We approach strategic mechanisms have worked to ensure a concentration of partnerships and collaborations by seeking out innovative ester molecules that reinforce the aromatic, intense, and compatible partners who can contribute to our business fresh fruit, floral and creamy character of this growth. remarkable Single Malt.” — Ian MacMillan. What advice would you give to aspiring young entrepreneurs who aspire to become successful CEOs and leaders? 36 www.ciolook.com | September 2023 |

40. www.ciolook.com