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Press release | 23 April 2021

Fernando Zobel de Ayala lauds 26-year legacy of outgoing CEO Jaime Augusto Zobel de Ayala and sets strategic priorities as the incoming CEO and President of Ayala Corporation

MANILA, April 23, 2021 – Today, after the company’s Annual Stockholders Meeting and as announced last December 2020, Ayala Corporation (AC) transitioned the position of Chief Executive Officer from Jaime Augusto Zobel de Ayala to Fernando Zobel de Ayala, who has been designated President and CEO. Jaime Augusto Zobel de Ayala will focus on his role as Chairman of the Ayala Board. Jaime and Fernando will continue to represent Ayala, retaining their current roles, as Chairman or Vice-Chairman, in the subsidiary boards of various Ayala group companies.

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Images | April 2018

Globe 2018 Annual Stockholders’ Meeting: "Empower the Digital Filipino", April 17, Fairmont Makati

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The Philippines loses 2.4 billion a day in potential income due to time spent in traffic.