Jaime Zobel de Ayala
Encyclopedia
Jaime Zobel y Fitz also known as Jaime Zobel de Ayala, is a prominent Filipino
businessman and philanthropist
. He was the last managing partner of Ayala y Compañía in 1967 when the company changed to a corporation. He served as both president and chairman of Ayala Corporation
from 1983 to 2005 (succeeding his first cousin, Enrique Zobel). In 2006, Jaime Zobel de Ayala retired as chairman. He is chairman emeritus of the corporation. He has received numerous awards for business leadership and philanthropy.
in 1963.
in London
and the Scandinavian countries.
, born 1959 and the eldest son, married Elizabeth Eder, great-great granddaughter of the Colombian
industrial pioneer James Martin Eder. Fernando Zobel de Ayala
, born 1960, married Catherine Marie Silverio. Jaime Augusto Zobel
de Ayala, is chairman and chief executive officer of Ayala while the younger son, Fernando Zobel de Ayala
, is president of the corporation.
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
businessman and philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
. He was the last managing partner of Ayala y Compañía in 1967 when the company changed to a corporation. He served as both president and chairman of Ayala Corporation
Ayala Corporation
Ayala Corporation 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 country's oldest and largest conglomerate...
from 1983 to 2005 (succeeding his first cousin, Enrique Zobel). In 2006, Jaime Zobel de Ayala retired as chairman. He is chairman emeritus of the corporation. He has received numerous awards for business leadership and philanthropy.
Early life and education
After early education in the Philippines, Zobel attended Harvard College, where he graduated in 1957 with a Bachelor of Arts in architectural sciences. He attended the Advanced Management Program in the Far East, conducted by the Faculty from the Harvard Graduate School of Business Administration in Baguio, PhilippinesPhilippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
in 1963.
Career
Zobel entered the family business and helped lead it through decades of changing times, expanding the fields in which it was prominent. From 1970-1974 he was appointed Philippine ambassador to the Court of St. James'sCourt of St. James's
The Court of St James's is the royal court of the United Kingdom. It previously had the same function in the Kingdom of England and in the Kingdom of Great Britain .-Overview:...
in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
and the Scandinavian countries.
Marriage and family
He is married to Beatriz Miranda Barcon Zobel de Ayala. Together they have seven children. Jaime Augusto Zobel de AyalaJaime Augusto Zobel
Jaime Augusto Zobel de Ayala is a Filipino businessman. He currently serves as chairman and chief executive officer of the Ayala Corporation...
, born 1959 and the eldest son, married Elizabeth Eder, great-great granddaughter of the Colombian
Colombian people
Colombian people are from a multiethnic Spanish speaking nation in South America called Colombia. Colombians are predominantly Roman Catholic and are a mixture of Europeans, Africans, and Amerindians.-Demography:...
industrial pioneer James Martin Eder. Fernando Zobel de Ayala
Fernando Zobel de Ayala
Fernando Zóbel may refer to:* Fernando Zobel de Ayala, president of Ayala Corporation* Fernando Zóbel de Ayala y Montojo, artist...
, born 1960, married Catherine Marie Silverio. Jaime Augusto Zobel
Jaime Augusto Zobel
Jaime Augusto Zobel de Ayala is a Filipino businessman. He currently serves as chairman and chief executive officer of the Ayala Corporation...
de Ayala, is chairman and chief executive officer of Ayala while the younger son, Fernando Zobel de Ayala
Fernando Zobel de Ayala
Fernando Zóbel may refer to:* Fernando Zobel de Ayala, president of Ayala Corporation* Fernando Zóbel de Ayala y Montojo, artist...
, is president of the corporation.
Legacy and honors
- 1968, Comendador al Mérito Civil, Spain;
- 1980, Chevalier de l’Ordre des Arts et des Lettres, France;
- 1985, Doctor of Business Management (honoris causa) De La Salle University, Manila
- 1986, Senator Award, highest honor bestowed by the Jaycees
- 1987, “Management Man of the Year”, Management Association of the Philippines;
- 1991, Doctor of Laws (honoris causa), University of the Philippines;
- 2004, FIRSTFirst Magazine LimitedFIRST Magazine , or FIRST is a multi-disciplinary international affairs organisation based in London. The company was founded in 1984 and aims to promote communications between leaders in industry, finance and government worldwide and to promote strategic dialogue...
Responsible Capitalism Award Winner; - 2008, Hero of PhilanthropyPhilanthropyPhilanthropy etymologically means "the love of humanity"—love in the sense of caring for, nourishing, developing, or enhancing; humanity in the sense of "what it is to be human," or "human potential." In modern practical terms, it is "private initiatives for public good, focusing on quality of...
, Forbes magazine, special issue Asia magazine initiated this recognition, including four Filipinos: Jaime Zobel de Ayala, John GokongweiJohn GokongweiJohn L. Gokongwei, Jr. is a Chinese Filipino businessman with holdings in telecommunications, financial services, petrochemicals, power generation, aviation and live stock farming...
, Ramon del Rosario Jr., and Oscar LopezOscar LopezOscar Lopez is a Chilean-Canadian folk and nouveau flamenco guitarist. He has won many awards from the Latino community....
. The list recognizes four philanthropists from each of 13 selected countries and territories in Asia; - 2009, Legion of Honor, Rank of Grand Commander, Armed Forces of the Philippines
Notability
- 2007, Jaime Zobel de Ayala was ranked as tied with Henry SyHenry SyHenry Sy is a Chinese Filipino businessman and the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950...
as the richest person in the Philippines, with a net worth of $2.6 billion, according to ForbesForbesForbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
magazine. - 2008, Zobel de Ayala and 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.