The Eighth-Generation Heir Driving Big Changes At Philippines’ Oldest Conglomerate Ayala
The post The Eighth-Generation Heir Driving Big Changes At Philippines’ Oldest Conglomerate Ayala appeared on BitcoinEthereumNews.com.
This story is part of Forbes’ coverage of Philippines’ Richest 2025. See the full list here. Ayala Corp. managing director Mariana Beatriz Zobel de Ayala takes up challenge to recharge 191-year-old group’s future growth. Mariana Beatriz Zobel de Ayala was a 24-year-old equity analyst working on Wall Street over a decade ago, when she got a call from her father, Jaime Augusto. The chairman of the Philippines’ oldest conglomerate, Ayala Corp., nudged his eldest daughter to come home. “He hinted at opportunities in the Philippines,” Mariana recalls. There was never any pressure, she hastens to add, with the option of returning to New York left on the table. Her sense of duty won out and she quit her job at JPMorgan: “It was the right thing to do.” After spending 12 years learning the ropes in various roles across the 191-year-old banking-to-property group, Mariana, 36, was appointed this March as a managing director at Ayala Corp. She’s tasked with sprucing up its vast leasing portfolio of aging malls, office buildings and hotels—a number of which sprung up after Ayala Corp. spun off its expanding real estate division in 1988 and listed Ayala Land three years later. Jaime Augusto Zobel de Ayala, chairman of Ayala Corp. Courtesy of Ayala Corp. At the same time as her elevation, her brother Jaime Alfonso, 34, and cousin Jaime Urquijo, 37, were named executive directors at the group. With these promotions, Ayala Corp. said, the next-generation of leaders was in place to drive its future growth. Jaime Alfonso Zobel de Ayala, CEO of AC Mobility. Courtesy of Ayala Corp. “We’re firing on all cylinders in the next few years,” Mariana tells Forbes Asia from her top-floor office at the 39-story Ayala Triangle Gardens Tower 2, in Makati City, home to Ayala Corp. and other Philippine…
Filed under: News - @ August 7, 2025 12:28 am