On October 16, 2014 - Ayala Corporation, one of the largest and oldest business groups in the Philippines, was awarded the 19th annual award "IMD-Lombard Odier Global Family Business Award" in the 25th summit the Family Business Network International (FBN-I) held in Dubai.
Awarded by the IMD (International Institute for Management Development), a world reference among the "Business Schools" International and Lombard Odier, one of the largest private banks in Europe this price is considered by many as the most prestigious award given to the best performing family businesses. It rewards companies that manage to combine family interests and commercial interests, and to combine tradition and innovation while engaging with the community.
This award is also a platform for family businesses to exchange best practices and environmental scans. Previous winners include prestigious international companies such as LEGO, SC Johnson, Hermes, Barilla, Yazaki Corporation, Merck AG, Odebrecht, and Firmenich Bel Group.
The winner this year is Ayala Corporation, the holding company of a the most important of the oldest business groups, and most respected in the Philippines. Since its founding 180 years ago, seven generations, the mission of the company is based on three core values. Integrity, long-term vision and the high level of confidence in its leaders, Ayala is a diversified conglomerate occupying leading positions in real estate development, banking and financial services, telecommunications, electronics and information technology, infrastructure, development and management of the water and the outsourcing of industrial processes. He also recently invested in the sectors of energy, renewable energy and transportation infrastructure. In 2013, the turnover of the Group amounted to USD 7.1 billion and accounted for almost 20% of the total capitalization of the Philippine Stock Exchange. Given the size and importance of the various components of its conglomerate Ayala family believes strongly contribute to the development of the country.
Ayala Corporation is a holding company based in the Philippines Manila. It is one of the oldest and largest in the country. The group focuses its activities in various fields such as real estate, banking, telecommunications, water supply, renewable energy, electronics and information technology.
History
The Ayala group was born when its founders, Domingo Roxas and Antonio de Ayala, got together to do business in the areas of agriculture and trade in Manila. They gave the name of Casa Roxas in their business, which quickly rose to prominence in the local industry. In 1834, they decided to further diversify and open a distillery, the Destileria there licoreria Ayala y Compañia, which also grew rapidly.
Their first real estate investment took place in 1851 with the purchase of Hacienda Makati suburb of Manila . This is where in 1920 built the first Ayala subdivision, followed by another in the 1930s as 1851 marks the debut of Ayala in the bank after 'field of the first bank Southeast Asia was created by royal decree and Antonio de Ayala was appointed director. Half a century later, the same bank was named Bank of the Philippine Islands, the major institution Philippines today.
In 1910, the Ayala group and its partners created the first airline 's life insurance Philippines, the Insular Life Insurance Company, and in 1933 the Filipinas Life Assurance Company, now known as the Ayala Life Insurance Inc.
2013 Ayala Corporate Video: Bolder
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This award is also a platform for family businesses to exchange best practices and environmental scans. Previous winners include prestigious international companies such as LEGO, SC Johnson, Hermes, Barilla, Yazaki Corporation, Merck AG, Odebrecht, and Firmenich Bel Group.
The winner this year is Ayala Corporation, the holding company of a the most important of the oldest business groups, and most respected in the Philippines. Since its founding 180 years ago, seven generations, the mission of the company is based on three core values. Integrity, long-term vision and the high level of confidence in its leaders, Ayala is a diversified conglomerate occupying leading positions in real estate development, banking and financial services, telecommunications, electronics and information technology, infrastructure, development and management of the water and the outsourcing of industrial processes. He also recently invested in the sectors of energy, renewable energy and transportation infrastructure. In 2013, the turnover of the Group amounted to USD 7.1 billion and accounted for almost 20% of the total capitalization of the Philippine Stock Exchange. Given the size and importance of the various components of its conglomerate Ayala family believes strongly contribute to the development of the country.
Ayala Corporation is a holding company based in the Philippines Manila. It is one of the oldest and largest in the country. The group focuses its activities in various fields such as real estate, banking, telecommunications, water supply, renewable energy, electronics and information technology.
History
The Ayala group was born when its founders, Domingo Roxas and Antonio de Ayala, got together to do business in the areas of agriculture and trade in Manila. They gave the name of Casa Roxas in their business, which quickly rose to prominence in the local industry. In 1834, they decided to further diversify and open a distillery, the Destileria there licoreria Ayala y Compañia, which also grew rapidly.
Their first real estate investment took place in 1851 with the purchase of Hacienda Makati suburb of Manila . This is where in 1920 built the first Ayala subdivision, followed by another in the 1930s as 1851 marks the debut of Ayala in the bank after 'field of the first bank Southeast Asia was created by royal decree and Antonio de Ayala was appointed director. Half a century later, the same bank was named Bank of the Philippine Islands, the major institution Philippines today.
In 1910, the Ayala group and its partners created the first airline 's life insurance Philippines, the Insular Life Insurance Company, and in 1933 the Filipinas Life Assurance Company, now known as the Ayala Life Insurance Inc.
2013 Ayala Corporate Video: Bolder
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