Jaime zobel de ayala business
Jaime Zobel de Ayala
Filipino businessman (born )
In this Spanish name, the first or paternal surname is Zóbel de Ayala and the second or maternal family name is Pfitz.
This article is about the chairman emeritus of Ayala Corporation. For his son and the chairman and CEO of Ayala Corporation, see Jaime Augusto Zobel de Ayala.
Jaime Zóbel de Ayala y PfitzGCLH (born 18 July ), also known as Jaime Zóbel, is a Filipino businessman who served as the chairman of the Ayala Corporation from to and as its president from to Presently, he holds the honorary title as "Chairman Emeritus".
Zóbel served as the Ambassador of the Republic of the Philippines to the United Kingdom from to He is also known as a noted art photographer being the first Filipino photographer to be given a Licentiate by the Royal Photographic Society of the United Kingdom.
Early life and family
Zóbel was born on 18 July to Alfonso Zóbel de Ayala (–) and Carmen Pfitz y Herrero (–). His siblings are Maria Victoria ("Vicky") and Alfonso Jr. ("Alfonsito"). He is a grandson of Enrique Zóbel de Ayala and Consuelo de Ayala.
He is the widower of Beatriz Miranda. Together they have two sons (Jaime Augusto and Fernando) and five daughters (Beatriz Susana ["Bea Jr."], Patricia, Cristina, Monica, and Sofía).
Education
After early education in the Philippines, Zóbel attended Harvard University, where he graduated in with a bachelor's degree in architectural sciences. He attended the six-week Advanced Management Program in the Far East, conducted by faculty from the Harvard Graduate School of Business Administration in Baguio, the Philippines in
Career
Ayala Corporation
Zóbel joined Ayala y Compañía in as executive assistant upon the invitation of his father. His father placed him under the wing of his cousin Enrique and uncle Col. Joseph McMicking. As an executive assistant in the company, he took down notes during management meetings and gradually learned the ropes of the family business. He was later transferred to the training section of the insurance companies of the Ayala group. In , he became president of Filipinas Life Assurance Company (now, BPI AIA[1] Life Assurance Corporation).
In , he succeeded Enrique, as chairman and president of Ayala Corporation (AC).[2] Zóbel successfully steered Ayala through the tense, final years of the Marcos dictatorship. In , the real estate division was spun off as Ayala Land, Inc. AC also ventured into new businesses, like automotive (Ayala Automotive Holdings Corporation).[3]
Zóbel stepped down as president of AC in and was succeeded by his son, Jaime Augusto. He continued as chairman until his retirement in and then became its chairman emeritus.
Photography
Zóbel joined the Camera Club of the Philippines in the mids and began taking photography more seriously.[4] He is the first Filipino amateur photographer to be confirmed “Licentiate” by the Royal Photographic Society of the United Kingdom, and has received similar commendations from the French and Spanish governments for his contributions to art and culture. He exhibits regularly in the Philippines and abroad, and has produced several critically acclaimed books. He continues to break new ground in art photography with explorations in various art media.
Diplomat
Between and , Zóbel was appointed as the Philippine Ambassador to the Court of St. James's in London, representing the United Kingdom and ambassador of Scandinavian countries.
Honors and awards
- , Comendador al Mérito Civil, Spain
- , Chevalier de l’Ordre des Arts et des Lettres, France
- , Doctor of Business Management (honoris causa) De La Salle University, Manila
- , Senator Award, highest honor bestowed by the JCI Philippines
- , “Management Man of the Year”, Management Association of the Philippines
- , Doctor of Laws (honoris causa), University of the Philippines Diliman
- , FIRST Responsible Capitalism Award Winner[5]
- , Hero of Philanthropy, Forbes magazine, special issue Asia magazine initiated this recognition, including four Filipinos: Jaime Zobel de Ayala, John Gokongwei, Ramon del Rosario Jr., and Oscar Lopez. The list recognizes four philanthropists from each of 13 selected countries and territories in Asia[6]
- , Philippine Legion of Honor, Rank of Grand Commander, Armed Forces of the Philippines[7]
- , Order of the Rising Sun, Second Class, Gold and Silver Star, Japan[8]
Notability
- In , Zóbel was ranked as tied with Henry Sy as the richest person in the Philippines, with a net worth of $ billion, according to Forbes magazine.
- In , Zóbel and his family were ranked 3rd in Forbes magazine's list of 40 wealthiest Filipinos, due to a 46% drop in their conglomerate Ayala Corp. shares, which were worth $ million.[9][10][11]