Press Releases


August 2014

Zobel Receives Ramon V. del Rosario, Sr. Award for Nation Building

Ayala Corporation chairman and CEO Jaime Augusto Zobel de Ayala received the 2014 Ramon V. del Rosario, Sr. (RVR) Award for Nation Building conferred by the Junior Chamber International (JCI) Manila and the Asian Institute of Management (AIM) RVR Center for Social Responsibility.

The award, named for JCI Manila’s founding president and founding trustee of AIM, is given to individuals who exemplify outstanding corporate citizenship and commitment to nation building. Previous recipients are Senen Bacani, founder of the first large-scale banana plantation in Muslim Mindanao, Jesus Tambunting, founder of SME-focused Plantersbank, Lopez group chairman Oscar Lopez, SGV founder and philanthropist Washington Z. Sycip, and former Senator and Trade Minister Vicente T. Paterno.

Phinma president Ramon del Rosario, Jr. noted Mr. Zobel’s stewardship of the Ayala group into new areas of infrastructure, education, and energy as well as his personal involvement in numerous social causes such as in entrepreneurship, education, and the environment. He said: “By and large, he is a well-rounded man who has the interest of the nation at heart and this is reflected in the way he runs his enterprises. He is very young and a great example for the younger generation.”

Del Rosario was not part of the panel of judges for this year’s RVR Award, but he is a member of Ayala’s board of directors. “This has given me good opportunity to watch them closely,” he said. “They run their businesses with the highest levels of ethics and good governance. They always rank among the top as a company and as a group.”

For 180 years, Ayala’s investments have spurred the growth of Philippine industries as well as local and national economy. Commitment to nation building remains a core value of the company. Its subsidiaries continue to innovate in products and services to serve broader markets and create shared value with its publics. BPI and Globe created a mobile phone-based bank to deliver financial services to more Filipinos. Ayala Land’s property developments spur economic activity in communities and create local jobs and businesses. Manila Water’s Tubig Para Sa Barangay and Kabuhayan Para Sa Barangay programs are designed to enable and empower urban poor clusters.

Recent investments in power generation and bids in toll roads and light rail transit seek to provide much needed infrastructure. A new foray in the for-profit education sector offers affordable private school education as a way to help build the competitiveness of the country’s future workforce.

Mr. Zobel was honored at a program held August 18 at the Philamlife Tower Club. The event was attended by about 180 members of the academe and private sector, including the management and boards of the Ayala group.

Said Mr. Zobel: “The country would benefit if we, all of us in the private sector, worked hard at allocating resources to providing innovative solutions to the key challenges to inclusive growth in our communities, and compliment our local and national governments in these efforts.

“We, as businesses, need to collaborate and work across sectors to define where we can carve out unique strengths and capabilities that will allow us to thrive in an increasingly interconnected and interdependent world. All of this becomes next to impossible without an educated, progressive society that can work efficiently, live comfortably in safety and peace, and create wealth across all spectrums of our country to keep the cycle of progress alive.”

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