Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
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The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
April 12, 2022: -Cryptocurrency exchange Binance has obtained a provisional green light from Abu Dhabi regulators, deepening its expansion in the Middle East.
On Sunday, the company said it was approved “in principle” by the Financial Services Regulatory Authority of Abu Dhabi Global Market to operate as a broker-dealer in digital assets. The firm said the move is an initial step toward becoming a “fully-regulated virtual asset service provider” in the city.
The second city Binance has secured approval from the company and received a crypto license in Dubai in the previous month. The move also comes after Binance was authorized in Bahrain by the country’s central bank.
Binance has been pushing into the Middle East market after getting a frosty reception elsewhere.
In the U.K., regulators placed restrictions on the firm, barring it from undertaking any regulated activity. Singapore limited its service after the country’s central bank warned it might violate local payment laws.
In response to a tweet from CNBC, Binance CEO Changpeng Zhao said the company is “not shunned elsewhere” and that there’s “more to come.”
Previously, Binance was notorious for its tendency to operate independently of local regulations. The company’s chief, up until recently, took pride in having no official headquarters. However, in response to pressure from global regulators, Binance has changed tack, saying it wants to become a regulated business. The firm is currently evaluating where to establish its principal office.
Several crypto companies, including Crypto.com and FTX, are looking to Gulf states like the UAE as a destination to set up shop. But the region is opening its doors to the loosely regulated world of crypto at an awkward time, the UAE was recently placed on a “gray list” by the Financial Action Task Force, a global money-laundering watchdog.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
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Jay Wright, CEO and Co-Owner of Virgin Wines infectious energy, enthusiasm, passion and drive has been instrumental in creating an environment that encourages talent to thrive and a culture that puts the customer at the very heart of every decision-making process.
Fabio de Concilio is the visionary CEO & Chairman of the Board at Farmacosmo, a leading organization dedicated to mental health and community support services. With a deep commitment to identifying and meeting customer needs, Fabio ensures that high standards are maintained across the board.
Character Determines Destiny – so said Aristotle. And David CM Carter believes that more than anything else. For David, it has been numerous years of research into codifying Entelechy Academy’s 54 character qualities that underpin everything he stands for as a leader and teacher.
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