The 190-year-old conglomerate was awarded the gold for the Philippines’ Best Managed Company, marking its ninth time earning the honor. It also won golds for Best Conglomerate, Best Real Estate Company, Best Infrastructure Company, and Most Committed to ESG (environmental, social, and governance).
Ayala also earned two silver awards: Best in Investor Relations and Most Committed to Diversity, Equity, and Inclusion.
The honors were received by Ayala Corp. chief finance officer Albert M. de Larrazabal and head of investor relations Martin C. Lopez at the awards ceremony held in Hong Kong on June 17.
“We are honored that global institutional investors and financial analysts hold Ayala in high esteem. How our many stakeholders, including customers, the public, regulators, and local and national government view us is very important,” Ayala Corp. president and CEO Cezar P. Consing said in a statement.
“These awards are reminders that we have to work to keep the trust and confidence of our various stakeholders every single day,” he added.
Now in its 26th year, the FinanceAsia Awards honor companies that demonstrate excellence in financial performance, corporate governance, and investor engagement.
Winners are selected by top institutional investors and analysts across Asia based on performance and corporate behavior over the past year. —Ed: Corrie S. Narisma