Ayala elevates four next-generation leaders to help drive group’s future

(From left) Mark Robert H. Uy, Mariana Beatriz E. Zobel de Ayala, Jaime Alfonso E. Zobel de Ayala, and Jaime Z. Urquijo

MANILA, Philippines – Ayala Corp. President and CEO Cezar P. Consing announced the promotions of Mariana Beatriz E. Zobel de Ayala and Mark Robert H. Uy to Managing Directors, and of Jaime Alfonso E. Zobel de Ayala and Jaime Z. Urquijo to Executive 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. 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,” said  Consing.

Each of these 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.

Mark will lead the continued transformation of the Group’s portfolio of businesses, as it aims
to be more concentrated, more valuable yet still diversified. This includes looking after the
longer-term future of existing businesses while exploring new ones aligned with Ayala’s
broader purpose.

Jaime Alfonso will play a leading role in upholding and raising the Group’s standards for
excellent governance – a historical strength of Ayala even more relevant in a business
environment marked by volatility. Alongside this, Jaime Alfonso will continue to focus on
accelerating the growth of Ayala’s New Energy Vehicle (NEV) platform, ACMobility.

Jaime will lead the internal transformation of the holding company Ayala Corporation as it
seeks to add more value to the Group as a whole. This 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,” said
Francisco Romero Milán, Chief Human Resources Officer of Ayala Corporation.