Jaime A Zobel de Ayala II

Jaime Zobel de Ayala stepped down as Ayala Corp chairman in 2006, relinquishing his post to eldest son, Jaime Augusto, who is now leading the conglomerate's expansion to Southeast Asia and to digital commerce. His younger son, Fernando, is president and COO of Ayala Corp, which includes, Ayala Land, Bank of the Philippine Islands, Globe Telecom and Manila Water.