He replaces Jose Eduardo Quimpo II, who led AREIT through a period of aggressive expansion and diversification, including growing assets under management from P87 billion to a projected P138 billion.
Ayala leadership shakeup
The appointment forms part of Ayala Corp.'s broader leadership transition, which also saw the naming of Juan Carlos Syquia as deputy CFO to work alongside de Larrazabal until his planned retirement in January 2026.
De Larrazabal brings decades of experience in corporate finance, mergers and acquisitions, and investor relations, having held senior roles at Globe Telecom, San Miguel Corp., and JP Morgan Hong Kong.
“We are delighted to welcome Albert as president and CEO of AREIT. His strategic insights, financial expertise, and deep understanding of the markets and our ecosystem makes him the ideal leader to continue to drive the execution of AREIT’s growth and diversification plans,” said AREIT chair Meean B. Dy.
Under Quimpo’s leadership, AREIT also completed a P21-billion infusion and maintained its position as an industry leader in disciplined succession and long-term value creation.
This transition reinforces AREIT’s commitment to best-in-class governance and growth-focused leadership continuity.
—Edited by Miguel R. Camus
