Leadership and governance is one of six building blocks the World Health Organization uses to define a functioning health system, alongside financing, workforce, service delivery, information systems, and medicines. It is a determinant of health outcomes, in the same technical sense as income, education, or access to care — not a line item to tick once a year in a grant report. Every dollar or rupee a funder puts into a diagnostic platform, a clinical trial, or a delivery program is also a bet on whoever is deciding how that money gets spent. So why don’t we invest in leadership in health as a strategic lever, alongside R&D, policy, and systems delivery?