Mauritius’ Top 10 Pioneering Leaders Shaping the Future of Innovation, December 2024

Page 1


Stephan

PIM Capital Fund Services

STEPHAN

The CIO is no longer just a . They are a TECHNOLOGIST strategic , BUSINESS LEADER driving digital transformation and .INNOVATION

Empowering Others as the Key to Lasng Impact ‘

Leadershipisajourneythatevolvesovertime.Initially,thefocusisoftenonpersonal

growth.Aspiringleadersdedicatethemselvestodevelopingtheirskills,gaining knowledge,andbuildingconfidence.Thisphaseisvital;itlaysthefoundationfor futuresuccess.Asindividualsstrivetoenhancetheirabilities,theyalsolearnvaluable lessonsaboutresilience,communication,anddecision-making.

However,theroleofaleadertransformsasonerisestopositionsofauthority.Oncesomeone achievesleadershipstatus,thedefinitionofsuccessshifts.Itisnolongersolelyabout personalachievements;instead,itbecomesaboutfosteringgrowthinothers.Effective leadersunderstandthattheirtrueimpactliesinempoweringtheirteammembers.This involvesnurturingtalent,encouragingcollaboration,andcreatinganenvironmentwhere everyonecanthrive.

Leadershipisaboutinspiringotherstoreachtheirfullpotential.Throughmentorship, guidance,andsupport,leaderscanhelpindividualsovercomechallengesandachievetheir goals.Themosteffectiveleaderscelebratethesuccessesoftheirteam,recognizingthat collectiveachievementsoftensurpassindividualaccomplishments.

Inthisway,thefoundationofleadershipisapassiontogrowingothers.Byprioritizingthe developmentofteammembers,leadersnotonlyelevatethosearoundthembutalso strengthentheorganizationasawhole.Ultimately,thisjourneyfromself-improvementto empoweringothersdefineswhatitmeanstobeatrueleader.Embracingthisphilosophycan leadtolastingsuccessandapositivelegacy.

Inthelatesteditionof The CIO World,titled"Mauritius'Top10PioneeringLeaders ShapingtheFutureofInnovation,"featuringleaderswhoaremakingsignificantstridesin theirrespectivefields,weseeaperfectillustrationofthisleadershipjourney.These individualsexemplifyhoweffectiveleadershiptranscendspersonalaccoladesandfocuseson collectivegrowthandinnovation.

Haveagreatreadahead!

Two roads diverged in a wood, and I—I took the one less traveled by, And that has made all the difference.

C O V E R S T O R Y

Stephan Hartzenberg Navigating the Complexities of Financial Services

18. 28. P R O F I L E S Clarel Constance Leading with Purpose in the IT Industry

Ishant Ayadassen On a Mission to Democratize Finance

14. 24. A R T I C L E S

How to Measure the Impact of Innovative Leaders What Qualities Define a Successful Leader in Innovation?

Editor-in-Chief

Deputy Editor

Managing Editor

Assistant Editor

Visualizer

Art & Design Head

Art & Design Assitant

Business Development Manager

Business Development Executives

Technical Head

Assitant Technical Head

Digital Marketing Manager

Research Analyst

Circulation Manager

Mia

Richard

Descripon Featuring

Chris Glasson Founder and Group CEO

Clarel Constance CEO

Evin Sangeeleemootoo Business Development Cordinator

Ishant Ayadassen Founder and CEO

Miroslav Mironov Development Manager

Company Name

CSI Energy Group www.csi.energy

Compugen Systems Inc www.compugen.com

Maurius Cargo Community Services Ltd www.maccs.mu

Zunko www.zunko.app Digital Lights www.lights.digital

Chris champions sustainable energy soluons, leading a group focused on innovave projects that contribute to environmental sustainability and energy efficiency

Clarel leads a dynamic team, fostering growth and innovaon in the financial sector, commied to delivering exceponal client service and soluons.

Evin enhances business development strategies, facilitang efficient logiscs and communicaon within the cargo community in Maurius.

Ishant pioneers a transformave app, focusing on user experience and engagement, revoluonizing digital interacons in the tech landscape.

Miroslav spearheads development iniaves, leveraging technology to create impacul soluons that elevate digital experiences in various industries.

Poonum Thylam Chief Execuve Officer

Blue Azurite Ltd www.blueazurite.com

Ravi Kureemun Deputy Chief Execuve Officer

Imara Trust Company (Maurius) Limited www.imara.mu

Shaahed Boolakee Sales Markeng Manager

AM WEB SOLUTIONS www.amltd.net

Poonum leads with vision and strategy, fostering innovaon and excellence in operaons at a company dedicated to sustainable business pracces.

Ravi plays a pivotal role in guiding trust services, ensuring compliance and excellence in financial management for clients across Maurius.

Shaahed drives sales and markeng efforts, enhancing customer engagement and business growth through strategic iniaves in web soluons.

Stephan Hartzenberg CEO

Viliana Petrova Markeng and Business Development

PIM Capital Fund Services www.pimcapital.mu Cso www.cso.com

Stephan drives innovave fund services at a Maurius-based firm, enhancing investment infrastructure across Africa with strategic leadership and vision.

Viliana excels in markeng and business development, driving strategic iniaves that enhance brand visibility and market reach in the tech sector

Stephan firmly believes that technology provides the necessary infrastructure, while people are the key to delivering exceptional service.

STEPHAN

Stephan Hartzenberg Chief Execuve Officer PIM Capital Fund Services

A Leader's Transformative Journey in Fund Services!

Inthefast-pacedworldofglobal finance,wheresuccessisoften measuredinbillions,Stephan Hartzenbergstandsoutasaleader whohasn'tforgottenhishumble beginnings.Withextensiveexperience infundservices,capitalmarkets,and portfoliomanagement,heembodies thequalitiesnecessaryforasuccessful leaderinthisfield.Withastrong backgroundinfinanceandadeep understandingoftheindustry,hehas developedauniqueapproachto leadinghisteamanddrivingbusiness growth.AstheChiefExecutive OfficerofPIMCapitalFund Services,hehascarvedoutaunique nicheinthecomplexworldoffund structuresandadministration.

Growingupinalovinghomewitha fatherwhoworkedlongdays,Stephan internalizedastrongworkethicthat wouldservehimwellthroughouthis career.Initiallydrawntolaw,hesoon recognizedtheburgeoningpotentialin financeandpivotedaccordingly This earlydisplayofadaptabilitywould becomeahallmarkofhisprofessional life.

Enrollinginactuarialscienceatthe UniversityofCapeTown,hequickly realizeditwasn'thiscalling. He followedhisnewfoundpassionfor investments,culminatinginaMaster's degreeinthefield.Thisdecision markedthebeginningofadiverseand enrichingcareerjourney.

Stephan’sprofessionalpathtookhim acrossvarioussectorsofthefinancial industry.Frombrokeragehousesto derivatives,portfoliomanagementto administration,heaccumulateda wealthofexperiencethatwouldprove invaluableinhisfutureroles.Itwas duringthisexplorationthathe

discoveredhistruecalling:theintricate interplaybetweenpeople,systems,and processesinfundstructuresand administration.

Thisjourneyledhimtohiscurrent positionatPIMCapitalFundServices, whereheleverageshisextensive experienceandinnateunderstandingof theindustrytodriveinnovationand excellence.Underhisleadership,the companyhasbecomeasignificant playerinthefundservicessector, knownforitscutting-edgesolutions andclient-centricapproach.

Let us learn more about his journey:

TheVisionaryBehindPIMCapital

Foundedin2014inMauritius,PIM Capitalwasbornoutofakeen understandingoftheoffshorefundand productrequirementsofthefirm’s SouthAfricanclientbase.

UnderStephan'sguidance,PIMCapital hasevolvedtocatertoadiverserange ofclientsacrossmultiplejurisdictions, includingSub-SaharanAfrica,the ChannelIslands,theUnitedKingdom, theUnitedStates,India,andtheUAE. WithastrongpresenceinMauritius, Botswana,Johannesburg,CapeTown, andGuernsey,PIMCapitalisuniquely positionedtoprovideregulatoryand administrativeinfrastructurefor traditionalfunds,aswellasalternative funds,includingventurecapital,hedge funds,privatedebt,andequity.

TransformationfromTradingto PortfolioManagement

Theresearchandtradingaspectsofhis earlycareerwerefamiliar,buttheshift toportfoliomanagementbroughta newlevelofaccountability.Managing andbeingresponsibleforpeople's moneyandlifesavingsisaprivilege thatStephancherishes,andhehas

developedaprofoundrespectforthe role.Thisexperiencehastaughthim valuablelessonsabouthisown investmentphilosophy,market dynamics,andtheimportanceof patienceandriskmanagement.

Throughouthiscareer,Stephanhas demonstratedapledgetocontinuous learningandself-improvement.His experienceshaveshapedhimintoa well-roundedprofessional,equippedto navigatethecomplexitiesofthe financialsectorandprovide exceptionalvaluetohisclients.

DevelopmentofFinancialProducts

Stephan’stenureinCapeTownas HeadofProductDevelopmentat10X Investmentshasbeeninstrumentalin shapinghisapproachtofinancial productdevelopment.Hisexperience hasinstilledadeepunderstandingof theregulatorylandscapeandthe intricateinterplaybetweenregulation, business,andcustomerneeds.

Thisexposurehasfueledhispassion fortheinfrastructurebehindfinancial products,encompassingoperations, administration,distribution,and compliance.Stephan'sjourneyhasalso givenhimtheskillsandconfidenceto buildnewteams,takeonnewrolesin differentjurisdictions,andadaptto diverseclientneeds.

OvercomingChallenges

Earlyinhiscareer,asanewcomerto highlyregulatedproducts,Stephanhad toquicklyabsorbvastamountsof information,spendinghoursreading legislation,creatingoperatingmodels, andengagingwithregulatorsand industrypeers.Thisexperience underscoredtheimportanceofastrong teaminovercomingchallenges.

Helearnedthatitisessentialto surroundoneselfwithcapableand smartindividualswhocansharethe workloadandprovidevaluable insights.Thisvaluablelessonhas shapedhismanagementand recruitmentstrategies,emphasizingthe importanceofbuildingatalentedand diverseteam.

ANewChapterinMauritius

Stephanandhiswifehavetwo beautifuldaughterswhowerevery youngwhenherealizedthathis windowforinternationalexperience wasgoingtocloseifhedidn’tdo something.

Hisappointmentasmanagingdirector atPIMCapitalin2020markeda significantturningpointinhiscareer Withadesireforinternational experience,helefthisroleat10X Investmentstoexplorenew opportunities.Thechancetolead PIM'sglobalbusinessinMauritius presenteditself,andaftersecuringhis wife'sapproval,theirfamilyrelocated totheislandnation.

Herelishedtheopportunitytobuild somethingmeaningfulinajurisdiction thatalignedwithPIM'sbusinessmodel andserviceoffering.Today,the Mauritiusofficeemploys approximately40staffacrosstwo locations,withhimlookingforwardto expandingtheirclientbaseandtaking theirplatformtonewjurisdictions.

ManagingtheComplexitiesof GlobalFundAdministration

Stephanrecognizesthatwhilethe regulatoryenvironmentsmaybebuilt onsimilarmodels,thenuances betweenthemcanbesignificant. Understandingthesenuancesiscritical toofferingclientsanefficientand compliantservice,wherevertheyare.

Hisstrategy,however,remains consistentregardlessofthe jurisdiction.Hefirmlybelievesthat technologyprovidesthenecessary infrastructure,whilepeoplearethekey todeliveringexceptionalservice.By leveragingtalentedstaffacross multipleofficelocations,histeam operatesonasingleplatformfor commonworkstreamswhile employingspecialistsineach jurisdictiontohandletheunique requirements.Thisapproachallows PIMCapitaltoserviceclientsglobally throughasinglerelationshipanda seamlessplatform.

ALifelongLearnerintheFinancial Industry

Stephanisadedicatedlearner, constantlyseekingknowledgefrom industrypeers,clients,regulators, andhisteam.AsaCFA® Charterholder,hestays informedabout industrytrends and

By embracing this mindset, he has been able to drive growth and success in his organization.

topicsthroughtheCFAInstitute platform,ensuringhisexpertise remainsup-to-dateandhisclients receivethebestpossibleservice.

NavigatingtheRegulatory Landscape

Stephan’sexperienceinworkingwith multipleregulatorybodies,including theFSC,GFSC,andFSCA,hasbeen instrumentalinshapinghisapproachto compliance.Herecognizesthat regulatorsareultimatelytaskedwith protectingclientsandtheindustry,and hehasfoundthatbyplacingclientsat thecenterofthebusiness,compliance becomesamorestraightforward endeavor.

Hefostersastrongcomplianceculture withinhisorganization,encouraging opencommunicationacrossteamsand jurisdictions.Whilethereisalways roomforimprovement,hehasfound theregulatorshehasdealtwithtobe approachableandengaging,aligning withtheprinciplesofregulation.

Hismultijurisdictionalexposureto regulationhasbecomeakey differentiatorforhisbusiness,ashe canmeettheneedsofclientsoperating acrossmultiplejurisdictionsthrougha single,efficientrelationship,ensuring seamlesscompliance.

InnovativeStrategiesinFund Services

AttheheartofStephan'sleadership styleisavowtoputclientsfirst.He recognizesthatasuccessfulfund servicesbusinessmustconstantly evolvetomeetthechangingneedsof itsclients.Withhisextensive experienceasaclienthimself,he bringsauniqueperspectivetohisrole, ensuringthathisteamisalways focusedondeliveringexceptional serviceandcustomeroutcomes.

Hisleadershipphilosophyiscentered aroundbuildingandmotivatingahighperformingteam.Hebelievesthat executivesmustfocusontheircore competencieswhileremainingmindful ofthecomforttrap.Feeling comfortablecanbecomeahabit,butit isessentialforexecutivestoembrace discomfortandchallengethemselvesto thinkcreatively.

Hisapproachischaracterizedbyhis abilitytobalancetheneedfor efficiencyandproductivitywiththe importanceoftakingtimetothinkand reflect.Herecognizesthatthemost innovativesolutionsoftenarisefrom pausingandre-evaluatingthestatus quo.Byembracingthismindset,hehas beenabletodrivegrowthandsuccess inhisorganization.

LessonsinLeadershipand Transformation

Thefirstandmostfundamentallesson Stephanhaslearnedisthatpeopleare themostimportantaspectofaservice offering.Hefirmlybelievesthathappy andengagedemployeesarethekeyto deliveringexceptionalserviceto clients.Thisunderstandinghasledhim toprioritizebuildingandmaintaininga high-performingteam,evenifit requiresdifficultanddecisiveaction whennecessary

Secondly,recognizingtheimportance oftrustasthemostvaluablecurrency inhisrelationswithclients,colleagues, andstaff.Hehasmadeaconcerted efforttofosteropencommunication andregularface-to-faceinteractions, despitehisnaturalintroversion,ashe understandsthevitalroleoftrustin buildingstrong,lastingrelationships.

Hehasalsolearnedthattrueleadership requirestakingfullaccountabilityfor one'sbusinessorfunction,ratherthan outsourcingresponsibility.Heis

committedtorollinguphissleevesand engaginginday-to-dayoperations, whilealsocarvingouttimefor strategicthinkingandinnovation.

Finally,hehasembracedtheconceptof steppingoutofhiscomfortzone, recognizingthatthemostvaluable insightsoftenarisefromthediscomfort ofchallengingthestatusquo.He encourageshisteamtotakethetimeto thinkdeeplyabouttheirprocessesand approach,evenifitmeanstemporarily steppingawayfromthedailygrind.

Theselessonshavebeeninstrumental inStephan'sleadershipatPIMCapital, ashecontinuestodrivetransformation, fosteracultureofexcellence,and positiontheorganizationforlong-term success.

How to Measure the Impact of Innovative Leaders

Theinnovativeleadersguide

organizationsthroughchange andbringcreativity Their influenceisquitebeyondthenormal managementtechniques;theyinspire teams,driveachange,andfosteran atmospherewherenewideasbloom.It becomesverydifficulttoputaspecific numberontheimpactofsuch leadership.

This article discusses other ways of measuring the effectiveness of innovation leaders and underlines their significant role in the workplace while using qualitative and quantitative techniques.

UnderstandingInnovationin Leadership

Innovationinleadershipistheability ofleaderstoembracenewideasand practicesthatwillbringaboutpersonal andorganizationalgrowth.Innovative leadersarenotonlyfreshideaspeople butalsopracticethem,inspiringteams tobeinnovative,embracingchange, andthinkingoutofthebox.Thiscan beviewedintermsofteam performance,employeeengagement, andoverallsuccessoftheorganization.

SettingClearMetrics

Theeffectivenessofinnovativeleaders shouldbemeasuredinclearmetrics.

Thesemetricscanbebothqualitative andquantitative.Quantitativemeasures willincludeKPIssuchasproductivity rates,revenuegrowth,andemployee turnover.Qualitativemeasuresmay includeemployeefeedback,team dynamics,andtheoverallcultureof innovationwithintheorganization.

KPIsaremeasurablevaluesthatshow theextenttowhichanorganizationis performingeffectivelyin accomplishingkeybusinessobjectives. Forexample,improvementin productivityaftertheintroductionofa newstrategywouldmeanthatthe leadershipisdoingtherightthingto encourageinnovation.

EmployeeEngagement:Employees' engagementscanactasasignof innovativeleadership.Thetoolsand surveysthatdeterminethelevelof motivationandinspirationthatcanbe usedtoassesswhetheritisworking measurethis.Effectiveinnovative leadershipusuallygoeswithstrong engagements,giventhatsuch innovatingleadersarehighly successfulincreatinganenvironment underwhichemployeesfeelvalued andempowered.

EmployeeFeedbackandSurveys

Averypracticalmeansofdetermining theimpactofvisionaryleadersisby collectingworkers'opinionsthrougha survey.Thissurveycanfocusonthe appropriatenessofleadership,the efficiencyofcommunication,andthe atmosphereoftheworkplace. Questionscanalsobeaskedastothe extenttowhichemployeesfeel comfortablespeakinguptoothers,the amounttowhichtheyfeelsupportfor risk-taking,oriftheythinktheir contributionsarevalued.

Anotherwaythatcouldenhancethe qualityofthesurveydatawouldbe regularcheck-insorevenfocusgroups. Suchanactivityallowsthevoiceand experiencesofemployeestoemerge open.Fromsuchfeedbackanalysis, areasofleadershipstrengthsand weaknessmaycometolight;therefore, thisoffersanoverallpictureofwhat leadershiphasbroughttoaninstitution.

WatchingTeamDynamics

Anotherwayofmeasuringinnovative leadershipishowtheteam’swork. Innovatorsarealwaysagentsof changesinteamworkandcreativity A groupofinnovatorswouldusuallydoit withenhancedcommunication,high co-operations,andrisk-taking capabilities.Observationsonthese behaviortrendscanopenupmore

enlighteninginsightsontheimpact styleofleadershiphasontheteams.

Averytellingmeasureofleadership influenceisintheresponseofteamsto challenge.Eitherinnovativeleadership causesteamstoperformsuperblywhen thereisachallenge,ortraditional leadershipcausesthemtosimply flounderunderthesetting.Thiscanbe seenthroughperformancereviews, projectoutcomes,andteammorale.

OrganizationalCultureAnalysis

EffectsofInnovativeLeadershipare prettywellindicatedthroughthe cultureofanorganization.Generally, innovativeleadersareverylikelyto introduceaculturewithinan organizationinwhichexplorationand learningwithapredispositiontoward newchangehappentobeputabove almosteverything.Evaluationofthese culturaltraits:opennesstowards novelty;readinessforrisks;having coachesorpeoplewillingtosupport, workandcollaboratewouldthusreveal theeffectsofinnovativeleadership. Theorganizationalculturecanbe evaluatedbyconductingperiodical assessmentsorcultureaudits.Such auditshelpidentifythecultural strengthsandweaknessesand, therefore,showhowthestylesof leadershiphaveaffectedtheworkplace environment.Healthyinnovation cultureusuallyresultsfromeffective leaders.

Outcome-BasedInnovation Measurement

Theresultsofinnovativeideasledby leaderscanalsobeusedasameasuring tool.Theeffectivenessofsome projectsinitiatedonthebasisof innovativeideascanbemeasuredand reflectedintheeffectivenessofthe leader.Projectcompletionrates, customersatisfactionscores,and marketsharegrowtharesomeofthe

metricsthatmaybeincluded.Such resultsgivetangibleevidenceofhow innovativeleadershiptranslatesinto real-worldsuccess.

CaseStudiesandExamples

Moreinformationonmeasuringimpact canbederivedfromcasestudiesof organizationsthathaveundergone significantchangeunderinnovative leadership.Successstoriescanbeused toillustratehowinnovativeleaders havechangedteams,improved products,orenterednewmarkets.Such casestudiescanbeusedtounderstand thestrategiesandbehaviorsthatmake foreffectiveleadership.

Conclusion

Totrulyevaluatetheimpactof innovationiscrucialtotherole innovativeleadersplayincreating culturewithinanorganizationaround cultureandchange.Overviewsofthe successofanyleaderaregainedboth throughtheuseofquantitative measuresandthroughqualitative means.Throughfeedbackprovidedby employeestoobservinggroup processesandthroughorganizational culturalassessments,justhowan effectiveinnovativeleadercreates winningdynamicsbecomesveryclear indeed.

Ultimately,thiskindofrecognitionand measurementwouldleadtoamore robustleadershipdevelopment strategiesandhealthier,more innovativeorganizational environments.Suchafocus,itnotonly enhancesleadershippracticesbut,in turn,contributestothelong-term sustainabilityandgrowthwithinan organization.

Leading with Purpose in the IT Industry

Asthetechnologicallandscapeevolvesatbreakneck

speed,organizationsfaceanunprecedented challenge:howtoadaptwithoutlosingsightof theircorevaluesandsocietalresponsibilities.Manyleaders struggletobalanceinnovationwiththewell-beingoftheir employeesandcommunities,oftenleadingtoburnoutand disengagement.

MeetClarelConstance,thedynamicCEOofFRCI,who hasturnedthischallengeintoanopportunityfor transformativeleadership.Withover30yearsofexperience intheITindustry,Clarelhascraftedauniquephilosophy thatprioritizescollaborationandadvancementwithinhis team.Hisapproachisnotjustaboutdrivingprofits;it’s aboutfosteringaculturewherecreativitythrives,andsocial responsibilityisparamount.

Clarel’sstrategyissimpleyetprofound:byplacing employeewell-beingattheforefront,hecultivatesan environmentwhereinnovationcanflourish.Underhis guidance,FRCIhasnotonlyachievedremarkablefinancial successbuthasalsomadesignificantstridesincommunity engagementandsustainabilityinitiatives.

Clarelbelievesthattrueleadershipliesinempowering othersandcreatingapositiveimpactbeyondthe boardroom.Hiscommitmenttomergingtechnicalexpertise withavisionaryoutlookservesasabeaconfor organizationsnavigatingtoday’scomplexities.AsClarel continuestoleadFRCIintothefuture,heexemplifieshow strongleadershipcanharmonizecorporatesuccesswith meaningfulsocietalcontributions.

Let's

discover his passionate journey

ASparkforChangeintheITIndustry

Clarel,a54-year-oldseasonedprofessional,hasdedicated threedecadestotheITindustry,seamlesslycombininghis technicalexpertisewithapassionforinnovation.Married andafatheroftwoyoungadultdaughters,Clarelfinds profoundmotivationinthetransformativepowerof informationandcommunicationtechnology(ICT).He firmlybelievesinitscapacitytoempowerindividualsand businessestorealizetheirfullpotential.

ForClarel,theconstantevolutionoftechnologyisnot merelyachallengebutanessentialaspectofhis professionaljourney.Herecognizesthatperpetualprogress isvitaltoremainingrelevantintoday’sfast-pacedsector Hisunwaveringcommitmenttolifelonglearningand adaptabilityhighlightshisdedicationtopersonaland professionalgrowth,inspiringthosearoundhimtoembrace changeandpursuetheirownpathstosuccess.

PermittingLeaders

Clarel,anaccomplishedprofessionalintheITindustry,has madesignificantstridesinhiscareer,transitioningfroma BusinessUnitManagertotheroleofChiefOperating Officer.Hisleadershipjourneyreflectsadeeppromiseto empowermanagersandteamleaders,adoptingan environmentwheretheycanthrive.

Clarel’sprimarymotivationliesinguidinghisteamto achievetheirbestpotential.Witnessingtheirgrowth,

Clarel, the constant evoluon of technology is not merely a challenge but an essenal aspect of his professional journey.

Clarel’s primary movaon lies in guiding his team to achieve their best potenal. Witnessing their growth, improved performance, and increased happiness is the true reward for him.

improvedperformance,andincreasedhappinessisthetrue rewardforhim.

Throughhissupportiveleadershipstyle,Clarelhashelpeda cultureofcollaborationanddevelopment,inspiringthose aroundhimtogriptheirroleswithconfidenceand enthusiasm.

TraversingtheChallenges

Clarelunderstandsthatoneoftheforemostchallengesin theITindustryiskeepingpacewiththebriskprogressionof technology.Herecognizesthatequallyimportantisthe challengeofchangemanagement,particularlythereadiness ofindividualsandbusinessestoembracenewtechnological advancements.

Totackletheseissues,Clareladvocatesforinnovative approachestostaffing,learning,andcommunication.His strategiesaimtoequipteamswiththeskillsandmindset neededtoadapttocontinuouschange.Besidelookingafter anenvironmentofproactiveengagementandsupport, Clarelisobligedtosafeguardingthatbothpeopleand organizationscanthriveinacurrenttechnologicalmodel.

RoutingGuidance

Clareladoptsauniqueleadershipstyleinspiredbythe conceptofmarineweather.Incalmseas,heemphasizes consultationandexplanation,allowingforthoughtful, iterativeprogress.Thisapproachraisescollaborationand inclusivityamonghisteam.

Nonetheless,whentheseasbecomerough,Clarel demonstrateshisadaptability.Heselectsdecisiveaction, maintainingcomposureandavoidingsnapjudgments. Instead,hefocusesonsteeringhisteamthroughchallenges, reservingin-depthdebriefsforalaterstage.Thisflexible leadershipstrategyassistsClareltoeffectivelydirectthe complexitiesoftheITtopographywhileassuringhisteam remainsresilientandengaged.

Clarel inspires his employees to pursue their own iniaves aimed at helping those in need. This promise to social and environmental stewardship not only develops the workplace culture but also promotes a sense of responsibility and engagement within the community.

AdvancingInnovation

Clarelrealizesthatinnovationinasmallcompanyisatwofoldprocess.Oneaspectinvolvesembracingtoday’s innovationsoftheworld'sbiggestplayers,whiletheother focusesonpromotingacultureofidea-sharingacross businessunits.

Tofacilitatethis,Clarelhasbegunaninnovationforumfor developers,whereteammemberscanregularlyexchange innovativeideas.Currently,theyareworkingonaspecific innovationchallenge,completewithassociatedrewards,to aidcreativityandcollaborationwithintheorganization. Thisdualapproachnotonlydrivesgrowthbutalso strengthensteamengagementandcollaboration.

ApproachtoSuccess

Clarelstressesaclient-focusedapproachbuiltonlistening, understanding,andproposingtailoredsolutions.This strategyalignswiththecompany'spurposestatement: "Enablesuccessthroughpeopleandtechnology."Forother stakeholders,Clareladvocatesforastrategyrootedin transparency,governance,andsharedambition.

Byarrangingtheseprinciples,hemakessurethatthe organizationnotonlymeetsclientneedsbutalsonurtures strong,collaborativerelationshipswithallstakeholders, runningcollectivesuccessintheprocess.

AdaptingtoEmergingTrends

ClarelspotsthatthekeytrendsshapingtheITlandscape includeAI,cybersecurity,no-codedevelopment,and immersivetechnology,besidesquantumcomputing.Tostay aheadoftheseadvancements,hechampionsaproactive approachthatinvolvestargetedtraining,strategic partnerships,andacompletelydifferentapproachto workforcedevelopment.

Throughembracingthesestrategies,Clarelassuresthathis organizationremainsagileandwell-preparedtosteerthe complexitiesofagrowingtechnologicalenvironment.

ACommonObjectives

Clarelspotlightstheimportanceofsharingandaligningon commonobjectiveswithinhisorganization.Heachieves thisthroughrepetitionanditeration,drawinginspiration fromprinciplesinJamesClear'sAtomicHabits.

Recognizingthediversityindepartmentalstyles,readiness, andgrowthpotential,Clarelwarrantsthatallteamsremain connectedtotheorganization'spurposeandsharedgoals.

Ascustomerpainpointsandsolutionsgrowincreasingly complex,headvocatesforcross-departmentcollaboration asanecessity.Tofurtherdevelopteamwork,Clarelhas implementedarewardssystemspecificallydesignedto recognizeandencouragecollaborationamongdifferent departments.

Thisholisticapproachnotonlystrengthensteam-changing aspectsbutalsothrustscollectivesuccessacrossthe organization.

MasteringTimeManagement

Clarelassumesaflexibleapproachtoprioritization, recognizingthathisfocusshiftsthroughouttheweek.By examining24-hourslotsina7-dayframework,he illustrateshowhisprioritiescandiffersignificantly—from Fridayat18:00toSaturdayat06:00,thenMondayat08:00, andagainonTuesdayat22:00.Thismethodallowshimto allocatehistimeeffectively,maintainingasenseofbalance inhisresponsibilities.

Whilehesometimesneedstoswapprioritiestoadaptto changingdemands,Clarel’sactiveprioritizationstrategy safeguardsthatheremainsalignedwithhisgoalsand commitments.

CampaigningCommunity

ClarelrecognizestheimportanceofCorporateSocial Responsibility(CSR)inhiscountry,wherecompaniesare mandatedtocontributetoCSRandEnvironmental Responsibilityfundsbasedontheirprofits.Hisorganization incorporatesaholisticapproachtoemployeewelfare, believingthatitplaysacentralroleincommunity development.

Furthermore,Clarelinspireshisemployeestopursuetheir owninitiativesaimedathelpingthoseinneed.Thispromise tosocialandenvironmentalstewardshipnotonlydevelops theworkplaceculturebutalsopromotesasenseof responsibilityandengagementwithinthecommunity

The only limit to our realization of tomorrow will be our doubts of today. , ,
- Franklin D. Roosevelt

What Qualities Define a Successful Leader in Innovation?

Innovationisanimportantfactor

thatshouldalwaysdominateany organizationforitstowin. However,thebasisofthisprocessisa collectionofpeople-theleadersthat makethesuccesshappen.Innovative leadershipcanbetermeda phenomenonwhenacombinationof certainqualitiesdrivesteamsand promotesanatmospherewhere creativityandinnovativeideasare allowedtothrive.Thestudyofthese characteristicswillhighlightwhatgood leadershipisallaboutinnovation.

VisionaryThinking

Theabilitytothinkvisionaryisoneof themostcriticalcharacteristicsof innovativeleaders.Theycanseepast thepresentandenvisionabright future.Thisvisionaryapproachequips theleadertosetprecisegoalsthat motivatetheteaminaspecific direction.Thisisaninspirationtobig thinking,challengingthestatusquo, andopeningupnewavenues.This enablestheleaderstocreateapathway fortheirorganizationsastheynavigate thecomplexityofchangeand uncertainty

Open-Mindedness

Oneofthetraitsthatdefineeffective leadersininnovationisopenmindedness.Theycanbereceptiveto varyingopinionsandideas.Innovation, asoftenwitnessed,emanatesfrom teamworkandtheamalgamationof differentperspectives.Inthisregard, theywillbuildaninclusiveculturethat willhavethemembersoftheteam voicetheirthoughtswithoutbeing judged.Thisopennesshelpsnotonlyin buildingtrustintheteambutalso createsasenseinwhichcreativitycan becultivated.Everyone,whenvalued andheard,canbringforthinnovative ideas.

EffectiveCommunication

Anothercharacteristicofasuccessful leaderininnovationisagood communicationattribute.Theabilityto presenthisorhervisionconvincingly willalsogoalongwayinsuccessin innovation.Thesuccessfulleaderswill sharetotheteamnotonlythe"what" butalsothe"why"behindthe innovativegoalsforbetterfuelingof theirenthusiasmandmotivation.

Furthermore,heorshepossessesthat goodlisteningearwhenreceivingthe feedbackandconcernsofthem.These two-waycommunicationsaidwellin strengtheningrelationshipsand augmentingcollaboration.

Resilience

Theysaythatinnovationisboundto havechallengesandfailures.Great leadersinthislineofendeavoralso exhibitresiliency-thisisbeingableto bouncebackwhenonefacessetbacks orfailures.Italsoletspeopleknowthat theirideascannotwinalland sometimes,failingistheorderof thingsinbeingcreative.Thus, successfulpeopleseemore opportunitiesinsteadofgivinginto depression.Thisstrengthinspirestheir teamstotakeupthesamemindset, buildinganexperimentationand mistakecultureassteppingstonesto improvement.

Adaptability

Adaptabilityisoneofthefeaturesof innovativeleadersinthisdynamic environment.Theyalterandshifttheir strategiesandapproachesbasedon changingcircumstancesandemergent trends.Suchleadersarenotrigidin stickingtoaplanbutopen-mindedand adaptabletochange.Thismakesthem takenewopportunitiesandrespondto challengesinthebestwaypossible. Throughtheirexample,theyinspire theirteamstobeagileandresponsive, creatingacultureofcontinuous improvement.

Empathy

Empathyisoneofthequalitiesthatis oftenoverlookedinleadership,butit playsaverysignificantrolein fosteringinnovation.Theeffective leaderknowsthenecessityofrelating toeachoftheirmembersonapersonal

basis.Heorshewouldknowthe strengths,weaknesses,aspirations,and concernsofeachofhismembers.This isempathetic;itbuildsuponstrong relationshipsbasedontrustandmutual respect.Thiskindofunderstandingof everyindividualmakesthemrisktakingcontributorstoideasthatcan fosterinnovation.

PassionforLearning

Asuccessfulinnovatorleaderisalways inquisitiveandhasadesiretolearn. Theylearnnotonlyforthemselvesbut alsofortheirteams.Theleadersby advocatingcontinuouslearning motivatetheteamtoremainuptodate onlatesttrendsintheindustry,newest technologiesandbestpracticesto enhancegrowth,allowingteam memberstodevelopcapabilities towardenhancingskills,findingways toinnovateanew.Theyfostera dynamicenvironmentinwhich learningiscelebrated,andinnovation becomesasharedgoal.

CollaborativeSpirit

Theheartoftheinnovationprocesslies incollaboration.Agoodleaderis believedtohaveacollaborativespirit. Hebelievesthatthebestideascome fromcollectivebrainstormingand teamwork.Infosteringanenvironment thatpromotescollaboration,these leadersbreakdownsilosand encouragecross-functional interactions.Theyappreciatethe diversityoftalentandexperiencein theirteamsandleveragethattocome withnewsolutions.Suchcooperative approachesnotonlyfostercreativity butalsoteamcohesionandmorale.

Confidence

Anothercharacteristicdefiningleaders ofinnovationisconfidence.They believeinthevisiontheyare

implementingandtheirteam'sability. Thisconfidenceiscontagious;itmakes themembersoftheteamfeelconfident aswell,whichwillgivethemthe encouragementtobeinnovativeand takerisks.Theleaders'confidencein themselvesandtheirteamwillcreate anenvironmentwherepeoplecanfeel empoweredenoughtogivetheirbestto thework.Thiswillleadtoremarkable breakthroughsininnovation.

Conclusion

Theseincludevision,openmindedness,goodcommunications skills,resilience,adaptability,empathy, passiontolearn,teamspirit,andselfconfidence.Qualitiesthataleaderwho isleadinginnovativethinkinghasare boundtobringsuccessandinnovation andleadershipnotonlytodirectbut alsoinsettinganorganizational atmospheretoenhancecreativityand collaborations.Asorganizations continuetograpplewiththe complexitiesofthemodernworld, theseleaderswillundoubtedlyshape thefuturethroughinnovation.And embracingandcultivatingthese qualitieswillleadtoremarkable achievementsandlastingsuccessinthe worldofinnovation.

Our

goal is to ensure that new investors feel confident in navigang the markets.

“ “

Empowering the Everyday Investor and Reshaping Financial Freedom for Everyone!

Accesstofinancialmarketsremainsanillusionfor

mostpeople,partlybecauseofthecomplexityand highpricesthatcreateastumblingblockto accessingthesemarkets.Formany,investingseemstobein aclassofitsown,asifonlyafewchosenwillevercatcha glimpseofallthatishappeningandwheremoneyiseither madeorlost.However,therearepeoplelookingtoswitch thisnarrative.OnesuchentrepreneurisIshantAyadassen

Duringalife-changingtriptoMauritius,Ishantwitnessed firsthandthestrugglesfacedbyeverydayinvestors.Inspired bythesuccessofplatformslikeRobinhoodintheUnited States,heresolvedtocreateasolutionthatwouldempower individualsinhishomelandandbeyond.Thus,Zunkowas born,agroundbreakingfintechplatformdesignedto democratizetradingandmakeinvestingaccessibleto everyone,regardlessoftheirfinancialbackground.

AsFounderandCEOofZunko,Ishanthassuccessfully builtacommunityofover3,700eagercustomersonits waitlistandfacilitatedmorethan10,000tradesthroughan innovativepapertradingfeature.Hismissiontranscends mereprofit;it’saboutadoptingfinancialliteracyand creatingsustainablewealth.Bydismantlingtraditional barrierssuchasexorbitantfeesandcumbersomeprocesses, Ishantispavingthewayforanewgenerationofretail investorsinMauritiusandacrossAfrica.WithZunko leadingthecharge,thedreamoffinancialempowermentis nolongeroutofreach,it’sbecomingarealityformany.

Here are some interview highlights:

Canyoupleaseintroduceyourselfandyourmotivation toembarkonthissector?

Drivenbyapassionforinnovationandproblem-solving, I’vealwayssoughttotacklecomplexchallenges.My journeyintothefinancialsectorbeganduringaholidayin

Mauritius,whereIattendedaconferencethatintroduced metothestockmarket.

Whileeagertoinvest,Iwasstruckbythehighfeesand numerousbarriersthatpreventedeverydaypeoplefrom participating.Thisexperienceopenedmyeyestotheneed formoreaccessibletradingsolutions.

UponreturningtotheUSA,IdiscoveredRobinhood,a platformthatmadetradingsimpleandaffordable.Inspired bythismodel,Ibecamedeterminedtobringasimilar solutiontoMauritiusandAfrica.

However,IknewIneededmoreskillsandexperience,soI dedicatedmyselftolearningthemarket,eventuallyfunding myfinalsemesterofuniversitythroughtrading.This journeysolidifiedmymissiontodemocratizecapital ownershipandgiveeveryone,regardlessoftheirfinancial standing,accesstoglobalmarkets.

Couldyoupleasegiveabriefintroductiontoyour companyanditsinceptionstory?

Zunkowasbornoutofadesiretoleveltheplayingfieldfor retailinvestors,particularlyinMauritius.Despitethe country’ssmallsize,weattractedover3,700usersonour waitlistandhaveseenover10,000tradesplacedonour papertradingapp,allachievedwithamodestmarketing budget,reflectingthestrongdemandforaccessiblefinancial toolsinsmallermarkets.

TheideaforZunkotookshapeaftermytimeintheUSA, whereIstartedtradingwithRobinhood.Myexperience fundingmyuniversitystudiesthroughtradingdemonstrated thepowerofaccessiblefinancialtools.Afterreturningto Mauritius,Irealizedthelocalmarketwasn’tready,butthe needwasundeniable.

Withabackgroundinfinancialadvisory,Idecidedtoquit myjobandfullycommittolaunchingZunko.Today,Zunko focusesonstocktrading,withplanstopotentiallyexpand

intocrypto,bonds,andforexinthefuture.Ourbroader missionistohelppeoplemovebeyondworkingsolelyfor moneyandpromotewealthcreationthroughtheconceptof binaryeconomics.

CanyouelaborateontheuniquefeaturesofZunko's tradingplatformthatdifferentiateitfromexisting competitors?

InMauritius,Zunkostandsoutbybeingthefirstapp-based tradingplatformofitskind.Manylocalbrokersstillrelyon manualprocesseslikeemailsandphonecallstoplace trades,butZunkoeliminatesthisfrictionbyallowingusers totradedirectlyfromtheapp,anytime,anywhere.Our platformalsoprovidesaccesstoover35,000stocksacross majorinternationalfinancialmarkets,includingETFs,with tradingavailable24/7.

We’vemadeiteasierforretailinvestorsbylowering depositminimumsandremovingunnecessarybarriers.Our userscanviewindividualstockcharts,managetheir portfolios,andplacetradeswellbeyondregularworking hoursdirectlyontheapp,somethingthatwaspreviously unheardofinMauritius.Usually,peoplewouldhavetocall oremailtheirbrokerstorequestquotesandplacetrades, whichoftenmadethewholeprocesscumbersome.

Zunko'sdevelopmentfollowsaphasedapproach,witheach phasedesignedtobuilduponthepreviousoneandbringus closertoourultimategoal.WestartedwithZunko Simulator,apapertradingappthatallowsuserstopractice tradinginarisk-freeenvironment.Phase2,ZunkoPro,is thenextstep,targetingprofessionaltradersandretail investorswithlargerportfolios.Phase3willintroducea moreaccessibleversionoftheplatform,withlowerfees andfeaturesthatcatertoabroaderretailaudience.

Tobetterexplainthisphasedapproach,Iwouldliketodraw aparallelwithTesla’sstrategy Teslainitiallylaunchedthe ModelS,ahigh-end,premiumelectriccar WhileTesla’s ultimategoalwastoreleaseamoreaffordablemodel(the Model3),theyfirstneededtoprovetheviabilityoftheir vision.TheModelSallowedthemtogeneratecapitaland showcasethetechnologyneededtomakeelectriccars attractivetothemarketandinvestors.IfTeslahadtriedto launchtheModel3rightaway,theylikelywouldn’thave beenabletoscaleorsecuretheinvestmentneededtobring thatvisiontolife.

Inthesameway,ZunkoSimulatorandZunkoProare criticalstepsforus.Theyallowustodemonstratethe platform'spotential,attractusers,andbuildasolid foundation.ZunkoPro,liketheModelS,caterstoamore professionalaudienceandprovidestheadvancedfeatures neededtoproveourmodel.

Oncewe’veestablishedthatfoundation,we’llmoveonto Phase3,whichwillbringamoreaccessibleandaffordable versionoftheplatformtoawiderretailaudience,similarto howTeslaeventuallylaunchedtheModel3forthemass market.

Howdoyouenvisiontheuserexperienceonboththe mobileandwebappandwhatfeedbackhaveyou receivedfromusersofthepapertradingversion?

ZunkoProisdesignedforbothretailandprofessional investors,althoughthoseattheveryentrylevelmayfind ourminimumdepositrequirementsabithigher.However, userfeedbackhasbeenoverwhelminglypositive.Manyof ourusershavebeeneagerlyawaitingthefulllaunch,and whilesomehaveexperiencedfrustrationduetodelays,they appreciatethevalueoftheZunkoSimulator,whichis availableforfree.

Ourvisionistocreateasuperuser-friendlyapp,makingit easyevenforthosewithnofinancialbackgroundto navigate.Thefeedbackhasconfirmedthatwe’reonthe

rightpath—usershavefoundtheappintuitiveandare excitedtotradeseamlesslyinglobalmarketsoncewe launchfully Weaimtocombinesimplicityand accessibilitywiththepowerofprofessional-gradetools.

Whatchallengesdidyoufacewhendevelopingthe platform,andhowdidyouovercomethem?

DevelopingZunkocamewithsignificantchallenges. Raisingfundswasparticularlydifficult,asinvestorsoften sawtheprojectasriskyandphilanthropic,ratherthan purelyprofit-driven.Buildingtherighttechteamwas anothermajorhurdle,butfindingnon-techpartnerstohelp withoperations,marketing,andcompliancewasjustas challenging.

Iendedupshoulderingmuchoftheresponsibilitymyself, funnelingprofitsfrommyotherventurestokeepZunko movingforward.Attemptingtosecurelicensesfrom regulatorsandpartneringwithbrokerswillingtotakea chanceonourmodelweretoughtasks.Manybrokerswere hesitantduetothecostsinvolvedinachievingthisvision andespeciallytherisksofdoingthatbyenteringasmall marketlikeMauritius.

Despitetheseobstacles,mybeliefinZunko’spotentialto democratizetradinginMauritiusandbeyondkeptme going,andI’vebeenfortunatetoseetheprojectevolveinto whatitistoday

Withthelowtradingfeesandnominimumbalance requirement,whatstrategiesdoyouhaveinplaceto ensurethesustainabilityandprofitabilityofZunko?

Currently,weareinPhase2ofourroadmap.Thisphaseis easiertoexecuteandmoresustainablebecauseourfeesare notaslowastheywillbeinPhase3,andourcostsare lower Wewillbegeneratingenoughrevenuefromtradesat thisstagetosustaintheplatformasweprepareforthefull launchofPhase3.

Thelong-termstrategyistobuildmomentuminPhase2 andensurewehaveasoliduserbasebeforetransitioningto Phase3,wherefeeswillbereducedsignificantly Weare alsoconsideringraisingadditionalfundsbetweenthese phasestosupportthegrowthofZunko.Eachphaseis designedtobuildonthesuccessofthepreviousone,setting thefoundationforaprofitableandscalablemodel.

I ended up shouldering much of the responsibility myself, funneling profits from my other ventures to keep Zunko moving forward. “ “

CanyoudiscussyourplansforexpandingZunko beyondMauritiusandintootherAfricancountries?

Initially,wefocusedonexpandingintoAfrica,butour visionhassinceevolved.Fornow,we’renotconsidering directB2CexpansionbeyondMauritiusduringPhase2. However,ourB2Bstrategycouldleadtoindirectexpansion asearlyasPhase2throughpartnerships.WhileAfrica remainsakeyfocus,wearenolongerlimitingourscope solelytothecontinent.

Ourlong-termplansremainconfidential,andwe’rekeeping detailsaboutPhase4asecretforthetimebeing.Whenthe timeisright,we’llrevealournextsteps,butfornow,the specificsofourexpansionwillremainunderwraps.

Howdoyouplantoeducatepotentialusersabout trading,especiallythosewhomaybenewtoinvestingin stocksandcryptocurrencies?

InadditiontotheZunkoAcademy,whichwillofferonline coursesonstocktrading,we’llrunworkshopsandwebinars whereIwillpersonallyteachusershowtotradeandinvest. Ourgoalistoensurethatnewinvestorsfeelconfidentin navigatingthemarkets.

We’llalsocontinueoureffortstopromotefinancialliteracy byrunningcompetitionswithuniversities,aswe’vealready done.Theseinitiativesaredesignedtoprovideuserswith theeducationtheyneedtomakeinformed,strategic decisionswheninvesting.

,, ,, Success is not the key to happiness. Happiness is the key to success. Ifyou love whatyou are doingy , ou wi be successful.

- Epictetus

www thecioworld.com

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.