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.