Jaime Augusto Zobel de Ayala, chairman and chief executive officer of Ayala Corp., speaking during the Belt and Road Summit in Hong Kong on Monday, September 11, 2017. Photo: Bloomberg

Philippine powerhouse Ayala says it may look outside the founder’s family for a chief executive to lead it into the future

  • Ayala traces its roots to a distillery founded in 1834, with the controlling family descended from Europeans who arrived during the colonial era
  • Ayala’s holdings include the largest property developer by revenue, the oldest lender, and the biggest mobile phone company, together capitalised at US$36 billion
Topic |   The Philippines

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Jaime Augusto Zobel de Ayala, chairman and chief executive officer of Ayala Corp., speaking during the Belt and Road Summit in Hong Kong on Monday, September 11, 2017. Photo: Bloomberg
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