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Jaime Zobel de Ayala
Filipino businessman

Jaime Zobel de Ayala

The basics

Quick Facts

Intro
Filipino businessman
Gender
Male
Birth
Place of birth
Manila
Age
90 years
The details (from wikipedia)

Biography

Jaime Zóbel de Ayala y Pfitz, PLH (born 1934), also known as Jaime Zóbel, is a Filipino businessman, philanthropist and art photographer. He is the chairman emeritus of Ayala Corporation.

Early life and family

Zóbel was born in 1934 to Alfonso Zóbel de Ayala (1904-1967) and Carmen Pfitz y Herrero (1909-1999). 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 married to Beatriz Miranda. Together they have two sons (Jaime Augusto and Fernando) and five daughters (Beatriz Susana ("Bea Jr."), Patricia, Cristina, Monica and Sofia).

Education

After early education in the Philippines, Zóbel attended Harvard University, where he graduated in 1957 with a Bachelor of Arts in architectural sciences.He attended the six-week Advanced Management Program in the Far East, conducted by the Faculty from the Harvard Graduate School of Business Administration in Baguio, Philippines in 1963.

Business career

Zóbel joined Ayala y Compañía in 1958 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 1975, he became president of Filipinas Life Assurance Company (now, BPI-Philam Life Assurance Corporation). In 1984, he succeeded Enrique, as chairman and president of Ayala Corporation. Zóbel successfully steered Ayala through the tense, final years of the Marcos administration. In 1988, the real estate division was spun off as Ayala Land, Inc. Ayala Corporation also ventured into new businesses, like automotive (Ayala Automotive Holdings Corporation).

Zóbel stepped down as president of Ayala in 1994 and was succeeded by his son, Jaime Augusto. He continued as chairman until his retirement in 2006 and became the chairman emeritus of Ayala since.

Photography

Zóbel joined the Camera Club of the Philippines in the mid-1970s and began taking photography more seriously. 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 1970 and 1975, Zóbel was the Philippine ambassador to the Court of St. James's in London and the Scandinavian countries.

Legacy and honors

Notability

  • In 2007, Zóbel was ranked as tied with Henry Sy as the richest person in the Philippines, with a net worth of $2.6 billion, according to Forbes magazine.
  • In 2008, Zóbel and his family were ranked 3rd in Forbes magazine's 2008 list of 40 wealthiest Filipinos, due to a 46% drop in their conglomerate Ayala Corp. shares, which were worth $800 million.
The contents of this page are sourced from Wikipedia article on 03 Aug 2019. The contents are available under the CC BY-SA 4.0 license.
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Jaime Zobel de Ayala
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