Ayala, one of Asia’s oldest conglomerates, wants to keep itself… | HappeningNow.news

Business & Economy · 1 views

Ayala, one of Asia’s oldest conglomerates, wants to keep itself together. Its CEO explains why

Ayala CEO Cezar Consing explains why the 192-year-old Philippine conglomerate is staying together—and demanding more from its businesses.

Source Summary Published 3h 00m ago Brief Under 1 min brief
Story intelligence
Coverage Single outlet Single-outlet story
Views 1 Community interest
Brief read Under 1 min brief 68 words

Summary

Cezar Consing had hoped to enjoy retirement. He had stepped down from running BPI, Southeast Asia’s oldest bank, and spent a year and a half playing golf and traveling. That changed when Ayala Corporation’s chair, Jaime Augusto Zobel de Ayala, called him in a panic. The company’s then-CEO and the chair’s younger brother, Fernando Zobel de Ayala, was resigning for health reasons, and the company needed a replacement.

Read original at Fortune

More from Business & Economy

Continue reading recent Business & Economy coverage

Support HappeningNow

Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.

Support HappeningNow

Report an issue with this page