We can all agree that leadership styles severely impact employee productivity, inter-departmental communication, and product and business development. Leaders are essentially meant to enhance employees’ commitment towards reaching their full potential in achieving a value-added shared vision with integrity and passion.
The role of progressive and visionary leadership is all-important when it comes to new sectors like fintech. Leadership needs to be able to envisage the future and be ahead of the curve when it comes to taking bold business decisions. The future of business lies in digital transformation, and it requires a pragmatic leader with the foresight to set the enterprise on the right path.
Financial services businesses have undergone more change in the last three years than in the last three decades. It’s very important for people leading engineering and product teams within financial institutions to respond quickly to market dynamics, underlying technical changes and improvements to their services.
Leaders also have to show a lot of empathy towards customers and their needs, which has become one of the most important factors in the success of new financial services companies. Overall, being responsible for other people’s money is a challenging task and being a person with a lot of integrity and empathy is of the essence.
Leaders come in different shapes and sizes, and people from different backgrounds and experiences tend to bring unique perspectives on things. As the fintech landscape is evolving rapidly, we need people with more and more diverse ideas on how to make financial tools universally available to empower people towards their individual progress.
This requires a good understanding of how technology is evolving in terms of payments, banking, investing, and lending, among others. At the same time, one also needs good observation skills toward consumer behaviour and trends.
Mapping the journey of the visionary leaders who are transforming the future of the Fintech sector, CIOLook sheds light on ‘The 10 Most Influential Leaders in Fintech.’