Former Ayala Land chief finance officer Augusto D. Bengzon has been elected chair and CEO, signaling a push for clearer disclosures and more deliberate capital allocation.
His move to ICCP follows his surprise retirement from Ayala Land at the start of 2026, when he was among five senior executives who stepped down from the real estate giant.
Banking to property pedigree
“Augusto Bengzon brings a strong track record in finance, governance and strategic leadership. We are confident that his experience and perspective will serve ICCP well as it continues to build on its long-term growth plan.”
Bengzon spent 16 years at Citibank across consumer, corporate, and investment banking before becoming treasurer and later chief finance officer of Ayala Land, while also serving as chief compliance officer and director of several subsidiaries.
Strong track record
At Ayala Land, he led capital planning and investor relations as the developer expanded across multiple real estate asset classes. He was named Philippines’ Best CFO by Institutional Investor and Corporate Treasurer, ING-FINEX CFO of the Year, and Best Corporate CFO in Southeast Asia by Finance Asia, and helped Ayala Land secure two straight 5-Golden Arrow Awards and a Top 20 ASEAN governance ranking.
—Edited by Miguel R. Camus
