FABIAN MICHAEL LAI’S





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Inaneradefinedbyrapidtransformation,theglobalenergyandpowersectorstands
atthecenterofoneofthemostcriticaltransitionsinmodernhistory.Asnations seekcleaner,smarter,andmoreresilientsystems,theleadershipdrivingthis evolutionhasneverbeenmorevital.ThiseditionofInsightsSuccesstilted, The 10 Most Visionary Leaders Shaping the Future of Energy & Power 2025,celebratesthe individualswhoarenotonlyrespondingtochangebutacceleratingitwithboldideas anddecisiveaction.
Theseleadersoperateattheintersectionofinnovation,sustainability,andstrategic foresight.Theyareredefininghowenergyisgenerated,distributed,andconsumed, pushingboundariesthroughadvancedtechnologies,pioneeringresearch,and transformativepolicyframeworks.Fromacceleratingrenewableadoptionand modernizinggridstodeployingAI-drivenoptimizationsandadvancingnext-generation storagesolutions,theirworkexemplifiestheingenuityrequiredtonavigatetoday's complexities.
Whattrulydistinguishestheleadersinthiseditionisnotjusttheirtechnicalexpertise, buttheirunwaveringbeliefinamoresustainableandequitableenergyfuture.They championcollaborationsthatbreaksilos,nurtureecosystemsthatfostercreativity,and remaincommittedtobalancingeconomicprogresswithenvironmentalstewardship. Theirjourneysremindusthatimpactfulleadershipisnotaboutreactingtothefuturebut buildingit.
Asyouexploretheirstories,youwilldiscoverarichtapestryofvision,resilience,and purpose,qualitiesthatwillguidetheworldthroughthenextdecadeofenergy transformation.Wehopethiseditioninspiresyoutoreflectontheextraordinary possibilitiesaheadandthecollectiveresponsibilityweshareinshapingacleaner, smarter,andmoresustainableworld.
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Powering Liberia's Future Fabian Michael Lai's Vision for Responsible Energy Leadership


Orchestrating Change
Visionary Business Leaders
Advancing Innovation
Strengthening Capabilities
Driving Advancement in Future
Power Leadership Strategies
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AchimEberspächer SeniorAdvisor energyR&D
ChrisNolan VicePresident
FabianLai PresidentandCEO
FrederikTheron ChiefOperatingOfficer
GinevraGuzzi Director
KennethMutaonga Co-Founder
LucaMarchisio Headof SystemStrategy
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DukeEnergyCorporation duke-energy.com
NationalOilCompany ofLiberia nocal.com.lr
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TernaSpA terna.it
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AseasonedR&Dinnovatorwithdeepexpertiseinenergy technologies,scientificproblem-solving,and commercialization,drivingadvancementsthroughtechnical leadership,rigorousresearch,andstrategicforesight.
Agrowth-drivenleaderknownforadvancingstrategic initiatives,strengtheningpartnerships,anddeliveringhighimpactresultsthroughanalyticalacumen,operationalinsight, andcollaborativeengagement.
Astrategicleaderknownfordrivingorganizational transformation,fosteringhigh-performancecultures,and navigatingcomplexmarketswithasharpfocuson innovation,operationalexcellence,andlong-termgrowth.
Aresults-orientedstrategistwithdeepexpertiseinoperational optimization,stakeholderalignment,andcommercial execution,recognizedfordrivingsustainablegrowthand buildingresilientbusinessframeworks.
Avisionaryleaderskilledinglobalprojectoversight,strategic planning,andcross-culturalmanagement,recognizedfor advancingimpactfulinitiativeswithprecision,creativity,and stronganalyticalinsight.
Aforward-thinkingentrepreneurskilledinbusiness development,strategicpartnerships,andinnovationleadership, recognizedforbuildingscalableventuresandempowering teamsinfast-growingmarkets.
Asystemsthinkerspecializinginlong-termstrategicplanning, technicalarchitecture,andcomplexsystemoptimization, knownforaligninginnovationwithfuture-readyorganizational roadmaps.
Adynamicoperationsexpertskilledinscalingprocesses, optimizingperformance,integratingcross-functionalteams, andstrengtheningorganizationaleffectivenessthroughdatadrivendecisionsandpeople-centricleadership.
Acommercialstrategistwithstrongexpertiseinmarket analysis,stakeholderrelations,andvaluecreation,knownfor shapingcompetitivepositioningandunlockinglong-term businessopportunities.
Arespectedenergyexpertknownforpolicyadvisory, sustainabilityadvocacy,andeconomicdevelopmentstrategy, leveragingglobalexperiencetoaccelerateimpactful,scalable, andinclusiveenergytransitions.



The 10 Most Visionary Leaders Shaping the Future of Energy & Power – 2025

THE FRONT PAGE EXCLUSIVE
Powering Liberia’s Future
Vision for Responsible Energy Leadership
President and CEO
Liberia's energy story is being rewritten by a leader who recognizes the importance of both global opportunity and national responsibility Fabian MichaelLai,PresidentandCEOoftheNationalOilCompany ofLiberia(NOCAL),combinesworldwideexperiencewitha strong commitment to his own country His leadership journeyexemplifiesajudiciousbalanceofvisionandrealism, between what Liberia could become and what it must first create.
After serving globally and locally, he is developing a leadership style rooted in accountability, excellence, and people-focused progress He has transformed NOCAL's culture to emphasize transparency, results, and disciplined creativity UsingtheOKRframework,healignsteamsaround specificgoalslinkedtonationaldevelopment.
His leadership is grounded in the belief that energy development should benefit communities and protect the environment Under him, the company symbolizes responsible stewardship, with decisions reflecting integrity, sustainability,andnationalgrowth.FabianMichaelLaiaims to empower Liberia's future beyond just running an energy firm.
Lai'sjourneytoNOCAL'sleadershipcombinesinternational exposure with a deep local understanding, shaping his distinctive approach. His roles have broadened his view on leadership, accountability, and excellence, while he stays grounded in Liberia's challenges. "My local experience remindsmeofthehugetaskahead,society’scomplexity,and thedrivetomakelastingchangethroughenergy,"hereflects.

"Success comes from building strong institutions, empowering people, and maintaining a results-oriented culture. That's the standard I continue to uphold at NOCAL.”


AtNOCAL,thisdualperspectivemanifestsinaction.Hehas built a performance-driven team that values discipline, innovation, and measurable results The company now operates with systems promoting accountability and transparency, ensuring each member understands their role anddeliverables.Keyperformanceindicatorstrackprogress, and quarterly reviews assess goal achievement. "Success comesfrombuildingstronginstitutions,empoweringpeople, andmaintainingaresults-orientedculture.That'sthestandard IupholdatNOCAL,"heemphasizes.
Lai uses the OKR framework when making decisions impacting NOCAL and Liberia's economy This leadership approach keeps him and his team focused on measurable goals aligned with national priorities, promoting economic growthandinstitutionalexcellence.
ThisapproachtacklesLiberia'schallenge:unlockingoffshore oil responsibly while balancing environmental concerns. He envisions a framework prioritizing environmental stewardshipinexplorationandproduction."Trueprogressis not measured only by barrels produced, but by improved quality of life, jobs, and preserved resources for future generations,"hestates.
Every project undergoes environmental assessments, and NOCAL requires partners to comply with responsible explorationguidelines.Thecompany'sapproachemphasizes transparency, accountability, and inclusivity, ensuring Liberians are informed, engaged, and benefit from sector growth. His goal? Develop an oil and gas sector that fuels national progress while protecting the environment, making LiberiaamodelforresponsibleenergygovernanceinAfrica.
Recently, Liberia signed major petroleum contracts after a pause in exploration, marking a key moment for its energy sector. Lai views these agreements as more than just investment; they bolster Liberia's energy independence and economicresilience.ThecontractsensuretheStatemaintains astakeinresources,enablingvaluecaptureandbuildinglocal capacityintechnicalskills,projectmanagement,andenergy governance.
This is about developing a sustainable, sovereign energy ecosystem supporting national priorities, not just oil production," he clarifies. The agreements aim to reinvigorate explorationinLiberia'soffshorebasins,potentiallyleadingto

"True progress is not measured only by the number of barrels produced, but by the quality of life improved, jobs created, and natural resources preserved for future generations.”
the first commercial oil. Since emphasis is on exploration drilling, these agreements require commitments rather than upfrontpaymentstoacceleratediscovery.
Laistatesthatinvestorconfidenceandpublictrustaregained through accountability, transparency, and ethics. NOCAL's transformation relies on strong governance, with clear objectivesandKPIstomeasureprogress.
Enhanced reporting includes regular staff and leadership meetings, quarterly reviews, and comprehensive reporting systems to document and evaluate operations.The company shares information with stakeholders, such as investors, the government,andthepublic,tobuildconfidence.Governance structures, controls, audits, and compliance policies are strengthenedtoensuredecisionsareethical,accountable,and transparent.
Lai empowers team members to take ownership, fostering a cultureofintegrity,innovation,andcontinuousimprovement. This positions the firm as a trusted partner for investors and citizens,ensuringdecisionssupportsustainabledevelopment andprosperity
While NOCAL mainly focuses on hydrocarbons, Lai acknowledges the rapid evolution of the global energy landscape Liberia has unique opportunities to harness renewable energy sources, such as solar and hydropower, to supplementitshydrocarbonsector ItsEnergyCompactaims




"This is not just about producing oil. It is about developing a sustainable, sovereign energy ecosystem that supports national priorities.”
tosource70%ofelectricityfromrenewables.NOCALplans to support this vision by investing in the Liberia Electricity Corporationandotherstate-ownedenterprises. Naturalgasplaysacrucialtransitionalroleinthisvision.He views it as a reliable, lower-carbon bridge fuel that supports industrialdevelopmentandstabilizesthenationalgridduring the transition toward cleaner energy "Natural gas is not an end in itself, but a transition tool, one that allows Liberia to develop its energy sector responsibly, meet growing demand, and lay the groundwork for a sustainable, low-carbon future thatbenefitsallLiberians,"heexplains.
Lai understands that digital transformation is essential for modern, efficient, and transparent management of Liberia's energy resources. By the end of the second quarter of 2026, NOCALintendstobuildamodern,state-of-the-artpetroleum datacenterinMonrovia.
Thisfacility,developedwithhelpfromthecompany'scurrent seismic data client, will allow them to embed technologies intoitsworkflows,creatingaperformance-drivenculturethat encourages innovation, accountability, and continuous improvement.
Looking toward 2030, Lai sees NOCAL as a leader in excellence, transparency, and innovation in the regional oil andgasindustry Inthecountry,heaimstoberecognizedasa trustworthystewardofLiberia'snaturalresources,delivering benefits, building local capacity, and supporting sustainable growth.
Internationally, the organization aims to be a credible, innovativeenergypartnerwithhighstandardsingovernance, environmental responsibility, and technology "We want Liberia to manage resources responsibly, attract investment, and support a sustainable energy future. By 2030, NOCAL should symbolize Liberia's potential, reflecting our commitmenttointegrityandprosperity,"hestates.
LaiandhisteamseeLiberiaasthenextmajoroildiscoveryin West Africa. Like Guyana, Namibia, and Brazil, Liberia's basinsareprimedforexploration.Outof33offshoreblocks, few have been drilled, but 17 wells confirm a functioning petroleumsystem.Thegroundworkisinplace,hydrocarbons arepresent,andmostareasremainunexplored.
LiberiaoffersinvestorsadvantageslikefavorablePetroleum Sharing Agreements, an efficient Executive Allocation system, over 20 years of democratic stability, and strategic deep-waterportsforoffshoreprojects.
"West Africa is reawakening Benin's success is proof Namibia'sdiscoveriesareevidence.Guyana'stransformation is a roadmap. And Liberia, with its untapped acreage, investor-friendly policies, and stable governance, is the next frontier,"heobserves.
For Fabian Michael Lai, leading NOCAL means more than managinganenergycompany Itinvolvespoweringnational transformation, creating jobs, building local capacity, and shaping a sustainable future. Liberia's energy potential becomes a pathway to prosperity, guided by transparency, accountability,andcommitmenttotheLiberianpeople.

Intoday'srapidlyevolvingglobaleconomy,the distancebetweenanideaanditsmarketrealityhas neverbeenshorter.Yet,behindeverybreakthrough, everytransformativebusinessmodel,andeveryindustrydefiningshift,thereisadistinctgroupofleaderswhodare toseepossibilitywhereothersseeuncertainty
Thesevisionarybusinessleadersareshapingthefuturenot bychance,butbydesign.Theirforward-thinkingmindset, abilitytoanticipatechange,andunwaveringcommitmentto meaningfulprogresshavepositionedthemascatalystsof innovationacrosssectors.
Innovationdoesnothappeninisolation.Itiscultivated throughablendofimagination,strategicthinking,andthe couragetochallengeconventionalboundaries.Visionary businessleadersexcelatthisintersection.Theyunderstand thatthepathtoprogressisrarelylinear,andinsteadof resistingdisruption,theyembraceitasafoundationfornew opportunities.
Theseleadersinvestinresearch,encouragecreativerisktaking,andbuildecosystemswhereexperimentationis valuedoverperfection.Theyviewtechnologynotmerelyas atoolforefficiencybutasaplatformtoreinventtheway industriesoperatefromenergyandhealthcaretofinance, manufacturing,anddigitalcommerce.
Whatdistinguishestoday'svisionarybusinessleadersisnot justwhattheyachieve,but why theypursueit.Purposedrivenleadershiphasbecomeadefiningtraitofmodern innovation.Ratherthanchasingprogressforitsownsake, theseleadersanchortheirdecisionsinlong-termsocietal impact.
Theychampionsustainability,promoteequitableaccessto opportunities,andintegrateethicalconsiderationsinto everystageofbusinessdevelopment.Byprioritizingpeople andtheplanetalongsideprofit,theyarenurturingbusiness modelsthatarebothfuture-readyanddeeplyresponsible.
Infieldslikerenewableenergy,smartmanufacturing,and AI-drivensolutions,purpose-drivenleadershipispushing companiestoexploresmarter,cleaner,andmorehumancenteredpathways.
Nobreakthroughistheresultofasinglemind.Theworld's mostinnovativeenterprisesarepoweredbyculturesthat encouragediverseperspectives,opendialogue,and inclusivecollaboration.Visionarybusinessleaders understandthatideasflourishwhenemployeesfeel empoweredandvalued.
Theyeliminatehierarchicalbarriers,promotecrossfunctionalpartnerships,andbuildworkplaceswhere creativethinkingisnotjustencouragedbutcelebrated. Theseleadersfostertrust,inspirecuriosity,andcreate environmentswhereteamsfeelconfidentexploring unchartedterritories.
Bynurturingpsychologicalsafetyandinvestingintalent development,theyturnorganizationsintoinnovation enginescapableofadaptingtoevolvingmarketdynamics withspeedandresilience.
Digitaltransformationcontinuestoredefinethecompetitive landscape.Innovationssuchasartificialintelligence,data analytics,automation,andcloudcomputingareopening newpossibilitiesforefficiency,personalization,and scalability.Visionarybusinessleadersleveragethese technologiesnotsimplytostayrelevant,buttoreinvent valuepropositionsaltogether
Theyunderstandthatthefuturebelongstobusinessesthat cananticipatecustomerneedsevenbeforecustomers articulatethem.Throughpredictiveinsights,intelligent automation,andagileoperations,theseleadersaresetting newbenchmarksforexcellenceandcustomersatisfaction.
Crucially,theydonotviewtechnologyasareplacementfor humanpotential;rather,theyseeitasanenablerthat amplifiescreativity,productivity,andinnovationacrossthe workforce.
Everyerapresentsitsownsetofuncertainties,economic volatility,environmentalpressures,geopoliticalshifts,and
technologicaldisruptions.Whatsetsvisionarybusiness leadersapartistheirabilitytotransformthesechallenges intostrategicadvantages.
Whereothersseeobstacles,theyseeopenings.They approachcriseswithclarity,adaptquickly,andmakebold decisionswhenthemomentdemandsit.Throughresilience andadaptability,theypositiontheirorganizationsnot merelytosurviveturbulencebuttoemergestrongerand morecompetitive.
Whethernavigatingglobalsupplychaindisruptions, shiftingconsumerbehaviors,orrapiddigitaltransition, theseleadersmaintainasteadyfocusonlong-termgrowth andsustainedinnovation.
Greatleadershipisnotjustaboutachievingsuccess—itis aboutinspiringotherstoimaginewhat'spossible. Visionarybusinessleadersmentorrisingtalent,sharetheir experiences,andchampionacultureofcontinuous learning.Bydoingso,theyareshapingtheinnovatorsand entrepreneursoftomorrow.
Theyencourageyoungergenerationstothinkboldly, embracefailuresaslearningsteps,andstaycuriousinan ever-changingworld.Theircommitmenttoknowledgesharingensuresthatinnovationisnotconfinedtoaselect fewbutbecomesacollectivemovementthatpropels industriesforward.
Conclusion:AFutureDefinedbyImpactand Imagination
Asindustriesevolveandglobalchallengesgrowmore complex,theroleofvisionarybusinessleadersbecomes increasinglyvital.Theirabilitytoanticipatetrends, reimaginepossibilities,andbringideastolifefuels progressonaglobalscale.Theseleadersdomorethan achievemilestones—theyredefinetheboundariesofwhat businesscanaccomplish.
Innovationthriveswherevisionmeetsaction.Andinthe handsoftheseleaders,thefutureisnotmerelysomething tonavigate—itissomethingtoshapewithintention, courage,andhumanity.

Oneofthemajorrequirementsforthetop-level executivesofthepowersectoristoconstantly keepthemselvesupdatedandattunedtothe changingandadvancingworldaroundthem.Amongother factors,thesearethetechnologicaldisruptions,changesin theregulatoryframework,andanincreasingemphasison sustainabilitythataresettingthenewstandardsforeffective leadership.Theleadershipstylethatwasprimarilytargeting operationalefficiencyandgridreliabilitynowhastostretch atleastasfarasinnovationmanagement,ecosystem collaboration,andlong-termresilienceplanning. Tomorrow'spowerindustryleadersmustmaintainstability whileremainingflexibletonavigatecomplexitiesandseize emergingopportunities.Theymustadoptafuture-focused approachthatintegratesdigitalcapabilitieswithhumancentricdecisionmaking.Thenextgenerationofleadersin theenergyindustrywillfindthemselvesworkingin conditionsthataretheoutcomesofdecentralizedenergy models,deepautomation,andstrongerconsumer expectations.Therefore,thecreationofathoroughplan involves,apartfrommakingexcellenttechnicaldecisions, theabilitytopatronageculturalchangesandleadershipof theteamsthroughtheongoingtransition.Theleadersinthe
powersectorshouldalwaysbevigilant,adaptable,andopen totheimplementationofnewtechnologiesthatinfluence, interalia,themannerinwhichthegridfunctionsand customer
Future-readyleadershipinthepowersectorissettingupa resilientframeworkthatisabletoenduredisruptionsand directlong-termvaluecreation.Theconceptofresilience, however,goesbeyondcrisismanagement.Itnecessitates proactiveplanning,scenariomodelling,andtheabilityto reassignresourcesaspertheemergingrisks.Executives awareofhowtechnology,policy,andmarketforcesinteract cannotonlysecurestructuresthatendurevolatilitybutalso keepthecompasspointingtowardsthestrategicobjectives. Astherenewableenergycontinuestogrowalongwith distributedgeneration,resilienceismoreandmore associatedwiththeflexibilityofsystemdesignanddecision making.Utilitiesthatimplementmodular,scalable strategieswillbeabletorespondquicklytodemand changes,supplyvariations,orunpredictedrestrictions.

Asorganisationsexperiencerapidchangesintheenergy ecosystem,theneedforleadershipthatisadaptiveisonthe rise.Leadersarerequiredtodevelopthekindofculturethat ischaracterizedbythesupportoftrial,continuouslearning, andcross-functionalcollaboration.Bychallenging employeestoquestionthelegacypracticesandinvestigate thepossibilities,operationalefficienciesmayberealised, andinnovationmaybeactivated.Ontopofthat,adaptive leadersgivehighprioritytodialogueandopennessas meanstokeepconsensusduringchanges,especially,when newtechnologiesarebeingintroducedorprocessesare beingrestructured.Byallowingpersonnelateverylevelto comeupwithideasandhavecontrol,organisations,thus, canamasscommunalintelligencewhichistheir competitive
Digitaltechnologiesarechangingtheverycoreofhow powersystemsoperateandhowleadersmanagethem.To beginwith,artificialintelligence,predictiveanalytics,and InternetofThings-enabledinfrastructurearesomeofthe technologicaladvancesthatarebreakingopentheway systemsareviewedfromabehaviouralstandpoint.These toolsenableleaderstodetectequipmentfailures,optimise gridperformance,andenhanceenergyforecasting.Mastery ininterpretingdataandapplyingtheresultinginsights distinguisheseffectiveleadersfromtheirpeers.Through digitaltransformation,organisationscanplanmore effectively,respondmorerapidly,andexecuteoperational taskswithgreaterprecision.
Moreover,digitaladoptionreshapesleadership responsibilitiesbyrequiringgreatertechnologicalliteracy. Itisnotnecessaryfortheexecutivesinthepowersectorto beengineersordatascientistsbut,theyshouldhaveaclear comprehensionofnewtoolsinordertomaketheright decision.Someoftheseactivitiesinclude:facilitatingcyber securitymeasuresthatprotectthemostvulnerablepartsof theinfrastructure;integratingautomationintothe operationsinaseamlessway;and,simultaneously, maintainingtheinteroperabilityofdifferentdigital platforms.Effectivedigitalleadershipalsoinvolvesthe executiveteamdevelopingrelationshipswithtechnology companies,researchinstitutions,andstart-ups.This networkofcollaborationiswhatfuelsrapidinnovationand thus,allowstheorganisationtoremainatthetopofmarket dynamics.
Sustainabilityhasbecomeadefiningpriorityreshapingthe powerindustry,increasinglyinfluencinginvestment decisions,regulatoryframeworks,andcustomer expectations.Powerleadershipinthefutureshould maintainadelicatebalancebetweensocio-economic growthandecologicalconcerns.Inordertorealizesucha goal,enterprisesshouldembedgreenbusinessmodelsin theirsystemofgovernance,supplychainpracticesand operational.Oneofthemethodsthroughwhichacorporate executivecanelevatehiscompany'simageisbyacquiring thetrustofthestakeholdersthroughthetransparent disclosureofthecompany'senvironmentalimpactand demonstratingagenuinecommitmenttoclimatechange mitigation.Withtheworldprogressingtowardsdifferent policiesandregulations,theauthoritiesofthepowersector musthavetheiremissionreductionplansthatnotonly meettherequirementsbutalsohavepositiveeffectsonthe environment.
Astheenergysectorundergoesamassivechange,leaders havetomakepeople-centricapproachtheirfirstpriority To catertothesedemands,managersshouldputemployee developmentatthetopoftheirprioritylistandempower themwiththetrainings,mentoringprogrammes,and continuousskill-upgrading.Buildingadiverseand inclusiveworkcultureenablescompaniestohaveaccessto thebesttalentspoolfromdifferentbackgroundsandalso retain.Moreover,thefocusonemployeewell-being, collaboration,andsharedsenseofpurposethroughpeoplecenteredleadership,arethefactorswhichfacilitate organisationalresilience.
Overtimetheenergysectorischangingfromacentralized modeltoadecentralizedwhichischaracterisedby innovationandaccountability.Thenextgenerationof managementteamsmustemergefromasinglestrategythat integratessustainability,digitaltransformation,and resilience.Leaderswhounderstandthesetrendsanddecide toactaccordinglywillbeabletosteertheircompanies throughtoughtimes.Executives,therefore,cancreatea sectorinwhichthesethreecancoexist:trust, environmentalprotection,andprogressbyusing technology,focusingonhuman-centricdecision-making, andwelcomingchange.Thechallengesaheadare considerable,buttheyalsoofferaspringboardfor transformingleadershipandbuildingapowersectorthat meetstheneedsofglobalsociety







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