Philippines – Holding company Ayala Corporation has appointed four new leaders to drive business growth. The company has promoted Mariana Beatriz E. Zobel de Ayala and Mark Robert H. Uy to managing directors, and Jaime Alfonso E. Zobel de Ayala and Jaime Z. Urquijo to executive directors.
With the company recognising their capabilities to drive transformation, the new leaders will focus on strategic areas of Ayala’s business.
As the managing directors, Mariana is set to focus on Ayala Land’s leasing business while Uy is leading the improvement of Ayala’s portfolio of businesses. Mariana’s role includes reinventing the company’s malls and offices amidst a post-office era. Meanwhile, Mark is looking to nurture the long-term success of existing businesses while discovering new ones.
On the other hand, Jaime Alfonso is focused on raising Ayala’s standards for governance while fostering growth for ACMobility, Ayala’s energy vehicle platform.
“Each of our senior promotees represents Ayala at its best – purposeful, forward-looking, professional, engaged. 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,” Cezar P. Consing, Ayala Corporation president and CEO, said.
“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, chief human resources officer of Ayala Corporation, commented.
Recently, Ayala Land refreshed its hotels and resorts arm to Ayala Land Hospitality as it invested US$500 for its hotel expansion.
Ayala is also focusing on its electric vehicle (EV) business as ADB finances its installation of charging stations in the Philippines.In January, ACMobility acquired Evro, 917Ventures’ EV charging network.