5 Business leaders with a passion for Music
A company’s CEO is supposed, by definition, to be extremely capable of overseeing and executing business activities and plans that have been laid out. But there’s a different part of the brain that may have the very important role of a muse in this - inspiring the CEO and the people he leads to do a better job.
In this post, we list five business leaders, whose passion for music has become the driving force behind their creative and visionary leadership of the business and brand.
V. Vaidyanathan, IDFC First Bank
V. Vaidyanathan is the First Managing Director and Non-Executive Chairman of IDFC First Bank. IDFC First Bank is an Indian private sector bank which was formed after the merger of IDFC Bank and Capital First Limited in 2018.
Vaidyanathan is a financial services veteran with over 30 years of experience in the industry. He was the founder and CEO of Capital First, a leading NBFC in India, which was later merged with IDFC Bank.
Prior to this, he has held various senior positions in ICICI Bank, Citibank and ANZ Grindlays Bank, where he was responsible for establishing the retail banking, consumer finance, and SME businesses.
He is known for his focus on providing financial services to the underbanked and underserved segments of the population, and has won the ET Most Inspiring CEO Award.
It’s something he does as part of many such admirable gestures of philanthropy, including gifting 900,000 shares out of his holding in the bank to his household and office support staff for building homes.
This passion for helping people motivates IDFC First’s staff and brand, which is positioned with a focus on ethical banking and sustainability initiatives
The bank has won multiple awards for “Best Sustainable Banking Strategy,” “Most Innovative Bank,” “Excellence in Water and Sanitation Financing, and has also grown their home loan business by 44% year-on-year.
Divya Gokulnath, Co-founder BYJU’s
Divya Gokulnath is the Co-founder of edtech unicorn BYJU's, which is an Indian educational technology and online tutoring firm founded in 2011.
She is responsible for the overall design and development of the company's content and curriculum. How did BYJU’s become India’s most valued startup, and the world’s largest edtech? One of the driving forces is Divya Gokulnath’s passion for life-long learning and desire to share that knowledge, in all its forms.
Listen to the song in the video above (ae mere watan ke logon) - a tribute to India’s soldiers, and you can tell that it would certainly have been possible.
Goldman Sachs CEO David Solomon
David Solomon is the current CEO of Goldman Sachs, a multinational investment bank and financial services company. He succeeded Lloyd Blankfein in 2018 and has been with the firm for over 20 years.
Since being appointed as CEO in 2018, Solomon has started pushing for change in the 153 year old banking institution, which is pivoting towards consumer banking.
He has relaxed dress codes, and encouraged Goldman Sachs employees to be entrepreneurs, finding new ways of servicing clients and growing the business.
It has helped them attract and retain younger people, and the results for Goldman Sachs has been a mixed bag.
But in 2021, the company did generate its highest revenue and profit since 2007, and the deposits from the new consumer banking foray are helping prop up their traditional business.
Also in 2018, David Solomon launched a music label called Payback Records, a socially-conscious music business that donates all its proceeds to non-profits working to help those with addiction issues.
Cai GoGwilt - Co-Founder and CTO - Ironclad, Inc.
Cai GoGwilt is contract management platform Ironclad’s CTO and co-founder. Before that, he was a software engineer at Palantir Technologies, and is a Physics and Computer Science major from MIT.
After doing his job as a software engineer and leader by day, he spends his nights as a concert cellist and karaoke enthusiast. He stops thinking about work after leaving the office, and starts working on the music he’s about to perform.
He says his passion for music helps sharpen his technical skills and informs his leadership style, because it makes use of a different set of skills and brainpower.