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Jaime Augusto Zobel de Ayala

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This article is about the chairman and CEO of Ayala Corporation. For his father and the chairman emeritus of Ayala Corporation, see Jaime Zobel de Ayala.
In this Philippine name, the middle name or maternal family name is Miranda and the surname or paternal family name is Zóbel de Ayala.

Jaime Augusto Miranda Zóbel de Ayala II GCLH (born March 6, 1959), also known as Jaime Augusto Zóbel, is a Filipino businessman from the prominent Zóbel de Ayala family. He currently serves as the chairman of Ayala Corporation.[1] He succeeded his father, Jaime Zóbel de Ayala, as the company's president and CEO in 1994. He was the company's chairman and CEO from 2006 to 2020.

Jaime Augusto Zóbel
GCLH
Zóbel de Ayala in a Teba jacket
Zóbel de Ayala at the World Economic Forum in 2009
Born (1959-03-06) March 6, 1959 (age 65)
Manila, Philippines
Alma materHarvard University
TitleChairman of Ayala Corporation
SpouseElizabeth Eder
Children4
ParentJaime Zóbel de Ayala (father)
RelativesZóbel de Ayala family

In addition to his position in the Ayala Corporation, Zobel is chairman of Globe Telecom, Bank of the Philippine Islands, and Integrated Microelectronics Inc. (IMI); vice chairman of the board of directors and member of the Executive Committee of Ayala Land, Inc. (ALI); and co-chairman and trustee of Ayala Foundation, Inc.[2]

Personal life and education

Zobel studied at the Ateneo de Manila University (1966–1968), Ladycross School (1968–1971), and Worth School (1972–1976) before earning a B.A. degree in economics (cum laude) from Harvard College in 1981, and an MBA from Harvard Business School in 1987. He is married to Elizabeth (Lizzie) Eder, a descendant of James Martin Eder. The couple have four children and two grandchildren.[3]

Career

He sits on the boards of various international and local business and socio-civic organizations:

  • Chairman, Bank of the Philippine Islands
  • Chairman, Globe Telecom, Inc.
  • Chairman, AC Industrial Technology Holdings, Inc.
  • Co-Chairman, Ayala Foundation, Inc.
  • Vice Chairman, AC Energy Holdings Inc.
  • Chairman Emeritus, Asia Business Council
  • Member, Asean Business Club
  • Chairman Emeritus, Eisenhower Fellowships
  • Member, Harvard Business School Board of Dean’s Advisors
  • Chair, Harvard Business School Asia-Pacific Advisory Board
  • Member, Harvard Business School Asia Advisory Committee
  • Member, Harvard Global Advisory Council
  • Member, Harvard University Asia Center Advisory Committee
  • Member, JP Morgan International Council
  • Member, JP Morgan Asia Pacific Council
  • Member, Mitsubishi Corporation International Advisory Committee
  • Trustee, Singapore Management University (SMU)
  • Chairman, SMU International Advisory Council in the Philippines
  • Member, Asia Global Institute (University of Hong Kong) Advisory Board
  • Member, Temasek Holdings Board
  • Member, Advisory Committee to National Economic Development Authority (NEDA) on Filipino 2040
  • Trustee, Ramon Magsaysay Awards Foundation
  • Member, Council for Inclusive Capitalism with the Vatican
  • Co-Vice-Chairman, Makati Business Club
  • Board Member, Endeavor Philippines

In the past, he held the following positions:

  • Vice Chairman, Manila Water Co. Inc.
  • Member, The Asia Society, International Council
  • Trustee, Eisenhower Fellowships
  • Member, Leapfrog Investment, Board of Advisor, Global Leadership Council
  • Steward, The Council for Inclusive Capitalism
  • Chairman, Children’s Hour Philippines, Inc.
  • Trustee, Children’s Hour Philippines, Inc.
  • Chairman, Endeavor Philippines
  • Member, Philippine Chamber of Commerce and Industry (PCCI) - Council of Senior Business Advisers (CSA)
  • Trustee, The Hunger Project
  • Member, Harvard Business School Visiting Committee
  • Member, World Wildlife Fund (US), Board of Directors
  • Member, World Wildlife Fund (US), National Council
  • Chairman, World Wildlife Fund, Philippines
  • Member, New York Stock Exchange Asia Pacific Advisory Committee
  • Chairman, Ramon Magsaysay Awards Foundation
  • Philippine Representative, APEC Business Advisory Council
  • Member, University of Tokyo, President’s Council

Honors and awards

Honors include World Economic Forum Global Leader for Tomorrow in 1995; Emerging Markets CEO of the year in 1998 (sponsored by ING); Philippine TOYM (Ten Outstanding Young Men) Award in 1999 and Management Association of the Philippines Management Man of the Year Award in 2006.

On September 27, 2007, he was conferred Harvard Business School’s highest honor, the Alumni Achievement Award, by Dean Jay O. Light. Zobel de Ayala was cited for “his innovative, entrepreneurial style of management (that) has benefited both Ayala and an island nation that faces significant social and economic challenges.”[4] He is the first Filipino to receive this award.[5]

Zóbel was then conferred the Presidential Medal of Merit in 2009 and the Philippine Legion of Honor, Rank of Grand Commander in 2010.

Later on, Finance Asia named him Best CEO for 2009/2010 and he received the CNBC Asia Business Leader Award in 2010.

On November 25, 2010, Zobel received the Asia Talent Management Award at the 9th CNBC Asia Business Leaders Awards held in Singapore. Zobel was recognized for “his personal involvement in supporting and nurturing leadership within the company.” Zobel was quoted as saying that he and his brother Fernando Zobel de Ayala, president and COO of Ayala, consider succession planning as a critical element in ensuring the corporation’s sustainability. He was the third Filipino to be recognized by the annual program, following Globe Telecom CEO Gerardo Ablaza, Jr. who received the ABLA in 2004, and Jollibee CEO Tony Tan Caktiong for corporate citizenship in 2006.”[6][7]

On September 14, 2017, Zobel was named by the United Nations Global Compact as one of the 10 Sustainable Development Goals (SDG) Pioneers for the year 2017. He was the first Filipino and Southeast Asian to be recognized with this honor.[8] Since 2016, the UN Global Compact has identified individuals "who were showcasing how business can be a force for good" and recognized them "for their efforts and achievements in advancing the SDGs."[9]

See also

References

  1. ^ Cabuag, VG (April 26, 2021). "Ayala completes top management changes". Business Mirror. Retrieved April 27, 2021.
  2. ^ "Q & A with Jaime Augusto Zobel de Ayala II". Synergos. Retrieved 2019-11-06.
  3. ^ Asia, Tatler. "Elizabeth "Lizzie" Eder Zobel de Ayala". Tatler Asia. Retrieved 2022-10-12.
  4. ^ Abs-Cbn Interactive, JAZA receives Harvard alumni award[permanent dead link]
  5. ^ "Jaime Augusto Zobel on sports, business, Harvard and being Filipino". Philstar.com. 2009-11-16. Retrieved 2019-11-06.
  6. ^ "Philippine Daily Inquirer, JAZA gets Asia management award for nurturing leaders". Newsinfo.inquirer.net. 2010-11-28. Archived from the original on 2012-10-05. Retrieved 2013-09-14.
  7. ^ "Philippine Star, Jaza bags business leader award". Philstar.com. 2010-11-30. Archived from the original on 2012-09-06. Retrieved 2013-09-14.
  8. ^ "UN honors Zobel de Ayala as pioneer of sustainable development". Rappler. Retrieved 2017-09-15.
  9. ^ "SDG Pioneers | UN Global Compact". www.unglobalcompact.org. Retrieved 2017-09-15.
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