Jose Teodoro K. Limcaoco

Non-Executive Director

  • Globe Director since April 13, 2016 and re-elected on April 23, 2019
  • Globe Board Committee membership:
    - Executive Committee

Mr. Limcaoco, 55, Filipino, has served as Director since April 13, 2016. He is the Chairman of Darong Agricultural and Development Corporation and Zapfam Inc.; President and CEO of AC Ventures Holdings, Inc. (formerly Water Capital Works, Inc.), AYC Finance Limited; Bestfull Holdings Limited, and Purefoods International Limited; Vice-Chairman of Lagdigan Land Corporation; President of Liontide Holdings, Inc. and Philwater Holdings Company, Inc; Director of Ayala Hotels, Inc., AC Energy, Inc., Ayala Healthcare Holdings, Inc., AC Infrastructure Holdings Corporation, Ayala Aviation Corporation, AC Education, Inc., Asiacom Philippines, Inc., AG Counselors Corporation, Michigan Holdings, Inc., AC Industrial Technology Holdings, Inc. (formerly Ayala Automotive Holdings Corporation), A.C.S.T. Business Holdings, Inc., LICA Management Inc., and Just For Kids, Inc.; and the Treasurer of Ayala Retirement Fund Holdings, Inc.


Mr. Limcaoco joined Ayala Corporation as Managing Director in 1998. Prior to his appointment as CFO in April 2015, he held various responsibilities including President of BPI Family Savings Bank, President of BPI Capital Corporation, Officer-in-Charge for Ayala Life Assurance, Inc., and Ayala Plans, Inc.; Trustee and Treasurer of Ayala Foundation, Inc., President of; and CFO of Azalea Technology Investments, Inc. He served as the President of the Chamber of Thrift Banks from 2013-2015.

Mr. Limcaoco, Ayala's Chief Finance, Risk, and Sustainability Officer, was a catalyst in the creation of the Ayala Sustainability Blueprint: Bridging the Filipino to 2030. The blueprint outlines the business units championing UN Sustainable Development Goals across three journeys and the targets they commit to attain by 2030. The targets outlined in the blueprint will be included in the scorecards of CEOs across the group.

He was named as the ING-Finex CFO of the Year in 2018. He has held prior positions with JP Morgan & Co. and with BZW Asia.

He graduated from Stanford University with a BS Mathematical Sciences (Honors Program) in 1984 and from the Wharton School of the University of Pennsylvania with an MBA (Finance and Investment Management) in 1988.


He also holds directorship in Integrated Micro-Electronics, Inc. and in SSI Group, Inc. Both are listed on the Philippine Stock Exchange.

Manual of Corporate Governance

Board of Directors' Charter