AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

Ayala Corporation

Ayala Corporation
Company nameAyala Corporation
Company typePublic (PSE: AC)
FoundedManila, The Philippines in 1834
Founder(s)Domingo Roxas and Antonio de Ayala
HeadquartersMakati City, The Philippines
Key peopleJaime Augusto Zobel de Ayala, Chairman and CEO
Fernando Zobel de Ayala, President and COO
Mercedita S. Nolledo, Senior Counsel and Corporate Secretary
Delfin C. Gonzalez, Jr., Chief Finance Officer
John Eric T. Francia, Group Head of Corporate Strategy and Business Development
Net incomePHP8.2 billion (approx US$185.3 million USD) (2009)

     Home | Company | Ayala Corporation

Ayala Corporation (Pse - AC) is a holding company for the diversified interests of the Ayala Group. Founded in the Philippines by the Spanish and German Ayala, Roxas, and Zobel families during colonial rule, it is the oldest and largest conglomerate. The company has a portfolio of diverse business interests, including investments in retail, real estate, banking, telecommunications, water infrastructure, renewable energy, electronics, information technology, and management and business process outsourcing.

In the late 19th century, Ayala participated in the construction of the Punte de Ayala over the Pasig River in Manila. Built of wood in 1872, the Ayala Bridge was reconstructed in steel in 1908, and was the first steel bridge in the Philippines. In 1888, the corporation introduced the first tramcar service in the Philippines. Ayala was mainly responsible for the development of Makati as the financial district of Manila and the Philippines after World War II.

In April 2010, FinanceAsia named Ayala Corporation as the best-managed company in the Philippines, as well as best for corporate governance and best for corporate social responsibility.

In 2011, Ayala began building its renewable energy portfolio, beginning with a joint venture with Mitsubishi for solar power, the purchase of the iconic Northwind farm for wind power, and its joint venture with Sta. Clara Power for run-of-the-river hydro power. Ayala will contribute 1000 MW to Philippine power supply, by 2015.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260