Ayala bullish on prospects of emerging businesses
CEBU CITY—Conglomerate Ayala Corp. (AC) on Monday announced the rebranding of its emerging businesses in energy, health, education, infrastructure, automotive and industrials.
Jaime Augusto Zobel de Ayala, AC chair and chief executive officer, also introduced the company’s three core values that cut across all of its businesses, including core “pioneering” brands such as Ayala Land Inc, Globe Telecom, Manila Water and IMI.
“These emerging businesses are still in the early stages, but we are excited about the potential,” the executive said during a business gathering at Ayala Center Cebu here.
Guiding AC’s vision are three principles that Zobel de Ayala shared during the event—seeing potential (in challenges), making businesses better and improving lives.
He said that moving forward, they will align their goals along these values to help address the needs of the communities they serve.
Zobel de Ayala said the growing group sought to improve services to sectors where there are large gaps in quality, accessibility and affordability.
This goal will, he said, be achieved through AC Energy, AC Infra, AC Industrials, AC Automotive, AC Health and AC Education.
Together, they will further “bolster innovation, synergy and dynamism for the Ayala group,” said Zobel.
While the company’s core brands “pioneered the future,” the emerging brands are seen to “accelerate” it.
The executive said that health care and education sectors, in particular, were “ripe for transformation.”
Family Doc and Generika pharmacy, under AC Health, provide affordable health care services and generic medicine.
Affordable Private Education Center (APEC) schools, under AC Education, give more young Filipinos the chance at having quality education with its low rates.
The Ayala group employs 40,000 workers across all its businesses, making it one of the biggest private employers in the country.
Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.