In a VUCA environment, not having all the answers is not weakness; pretending to have them is.

I am equally inspired by the grit of my working-class parents, who built successful lives despite the constraints of apartheid-era South Africa.

I see myself as both storyteller and bridge-builder – connecting our business ambitions with the expectations and confidence of the communities we serve.

Stay anchored in values, extract lessons deliberately and continue forward with courage.

Analyse setbacks carefully, extract the lessons and return stronger. Growth often occurs precisely when success appears most distant.

Craig Donohue, Chief Executive Officer of Cboe Global Markets, reflects on his first year at the helm, outlining how Cboe is sharpening its strategic focus, strengthening its core markets, and positioning itself for growth across derivatives, data, and emerging areas such as prediction markets and digital assets.

John McKenzie, CEO of TMX Group, reflects on the milestones that shaped the organisation’s performance in 2025, from record market capitalisation and post-trade modernisation to global expansion, and shares his outlook on strengthening resilient, future-ready capital markets in the year ahead.

Terry Duffy, Chairman and CEO of CME Group, reflects on a year marked by heightened volatility and record trading activity, and outlines how efficiency, innovation, and market infrastructure are shaping the exchange’s priorities as it looks ahead to 2026.

Abdulla Salem Alnuaimi, Group CEO of the Abu Dhabi Securities Exchange (ADX) Group, reflects on ADX’s transition from scale to significance, highlighting how reform, digital innovation, and cross-border connectivity are strengthening resilience and positioning the exchange for 2026.