Jaime Augusto Zobel de Ayala

Chairman, Non-executive Director

  • Globe Director since March 1989 and re-elected on April 23, 2019
  • Globe Board Committee membership:
    - Executive Committee (Chairman)

Mr. Zobel, Filipino, 59, served as the Chairman of the Board since December 1996 and Director since March 1989. He has been the Chairman and CEO of Ayala Corporation since April 2006. He is also Chairman of AC Education, Ayala Retirement Fund Holdings, Inc., AC Industrial Technology Holdings, Inc., AC Ventures Holding Corp., AC Infrastructure Holdings Corporation, and Asiacom Philippines, Inc.; Co-Chairman of Ayala Foundation, Inc. and Ayala Group Club, Inc.; and Director of Alabang Commercial Corporation, Ayala International Pte. Ltd., AC Energy, Inc., Ayala Healthcare Holdings, Inc., Light Rail Manila Holdings, Inc., and AG Holdings Limited.


Outside the Ayala group, he is a member of various business and socio-civic organizations in the Philippines and abroad, including the JP Morgan International Council, JP Morgan Asia Pacific Council, Mitsubishi Corporation International Advisory Council, and the Council on Foreign Relations. He sits on the board of the Singapore Management University, the global advisory board of the University of Tokyo, and on various advisory boards of Harvard University, including the Global Advisory Council, HBS Board of Dean’s Advisors, and HBS Asia-Pacific Advisory Board, which he chairs. He is Chairman Emeritus of the Asia Business Council, Co-Vice Chairman of the Makati Business Club, Chairman of Endeavor Philippines, and a board member of Eisenhower Fellowships. He is also a member of the Advisory Committee to National Economic Development Authority (NEDA) on Filipino 2040.

He was awarded the Presidential Medal of Merit in 2009, the Philippine Legion of Honor with rank of Grand Commander in 2010, and the Order of Mabini with rank of Commander in 2015 by the President of the Philippines in recognition of his outstanding public service. In 2017, he was recognized as a United Nations Sustainable Development Goals Pioneer for his work in sustainable business strategy and operations. The first recipient of the award from the Philippines, he was one of 10 individuals recognized for championing sustainability and the pursuit of the 17 SDGs in business.

He graduated with a B.A. in Economics (cum laude) from Harvard College in 1981 and obtained an MBA from the Harvard Graduate School of Business in 1987.


He also holds directorship in Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Integrated Micro-Electronics, Inc., and Manila Water Company. All of which are listed on the Philippine Stock Exchange.

Manual of Corporate Governance

Board of Directors' Charter