This report presents findings on leadership trends in the APAC region, focusing on senior leaders in large organizations. It outlines the evolving nature of leadership, emphasizing a shift from traditional career paths to more dynamic frameworks that prioritize diverse experiences across industries, functions, and companies. The report highlights that leaders today are increasingly expected to possess AI literacy and soft skills, which are essential for effective leadership in a rapidly changing work environment. It documents the growing importance of cross-functional expertise, revealing that a significant number of leaders have worked in multiple domains, with a notable increase in the share of leaders with such experiences over the past five years. Additionally, the report discusses gender disparities in leadership progression and the benefits women gain from diverse experiences. It concludes with actionable recommendations for organizations to cultivate future leaders by focusing on adaptability, inclusivity, and the integration of AI literacy and human-centered skills into leadership development.