Ayala Corp. announced on Monday the promotion of four of its next-generation leaders who will focus on areas of business strategically important to the future of the country’s oldest conglomerate.
Cezar Consing, Ayala Corp. president and chief executive officer (CEO), said in a statement Mariana Beatriz Zobel de Ayala and Mark Robert Uy will both assume the position of managing directors, while Jaime Alfonso Zobel de Ayala and Jaime Urquijo have been appointed executive directors.
Prior to the appointments, Mariana and Uy both served as Ayala’s executive directors, with Uy also heading the conglomerate’s corporate strategy group. Jaime Alfonso and Jaime Urquijo were both associate directors.
The promotions “recognize how the four next-generation leaders have consistently proven their ability to build business, attract talent and drive transformation at Ayala.”
“Each of our senior promotees represent Ayala at its best – purposeful, forward looking, professional, engaged,” Consing said. “They will help make for an even better Ayala as we look ahead to completing two centuries of building businesses that enable people to thrive.”
A future secured
Ayala said each of the leaders “will focus on areas of the group’s business that are strategically important to its future.”
Mariana will lead the transformation of Ayala Land’s leasing business across its retail, hospitality and office pillars.
“This includes the reinvention of flagship and core malls, as well as reimagining offices for changing workplace needs and a ‘post-office’ generation,” the company statement said.
Mark will lead and transform the group’s portfolio of businesses as the company stays focused on its valuations while staying diversified.
“This includes looking after the longer-term future of existing businesses while exploring new ones aligned with Ayala’s broader purpose,” the company said.
Jaime Alfonso will play a leading role in upholding and raising the group’s standards on excellent governance.
“Alongside this, Jaime Alfonso will continue to focus on accelerating the growth of Ayala’s New Energy Vehicle (NEV) platform, ACMobility,” Ayala said.
Meanwhile, Jaime will lead the internal transformation of the holding company as it seeks to add more value to the group as a whole. The transformation, the group said, is “key to unlocking Ayala’s ambitions for greater synergy between the holding company and the different companies of the group.”
“Over its 191 years, Ayala has demonstrated a history of smooth leadership transitions anchored on thoughtful succession planning. The promotions of these four leaders are part of a deliberate, longer-term succession plan being implemented across the group,” Francisco Romero Milán, Ayala chief human resources officer, said.
Milan said the plan includes appointing key group leaders such as Carl Raymond Cruz as deputy CEO of Globe Telecom, Margarita Dy as Ayala Land president and CEO, Erry Hardianto as AC Logistics president and CEO, Antonio Lambino II as Ayala Foundation president, Franchette Acosta as Ayala chief legal officer, and John Carlos Syquia as Ayala deputy CFO.
