Meet the Young Heir Transforming a 191-Year-Old Legacy

### Ayala Corp’s Next Generation: Mariana Zobel Deayala Takes the Helm

In a world where fortunes can quickly rise and fall, it seems that some legacies are built to last. Take, for instance, Ayala Corporation, the oldest conglomerate in the Philippines, now being guided by a fresh wave of leadership. At just 36 years old, Mariana Beatrice Zobel Deayala is steering this vast ship into new waters as the newly appointed managing director. Her journey, marked by both family legacy and professional prowess, is a fantastic tale of opportunity, responsibility, and a little bit of sibling rivalry.

Mariana’s story began more than a decade ago when her father, Jaime Augusto Zobel De Ayala, nudged her to leave the glitzy life on Wall Street behind. She was a promising equity analyst at JP Morgan, but the call of the family business proved irresistible. With no pressure but a sense of duty tugging at her heartstrings, she decided it was time to dive into the rich history of Ayala Corp, which has been shaping the Philippine landscape for a whopping 191 years. Now, with over a decade of experience under her belt, she’s ready to lead the charge into the future of this conglomerate.

At the helm of Ayala Corp, Mariana is not alone. Her journey is shared with both her brother and cousin who have taken on prominent roles within the organization. Her brother is intertwining the future of electric vehicle infrastructure with the automotive industry, while her cousin is focusing on sustainability and risk management. Together, they represent a formidable trio of next-generation leaders dedicated to pushing Ayala Corp into its next chapter. With their combined strengths, Ayala stands poised to handle the complexities of modern business with grace and savvy.

A significant part of Mariana’s mission at Ayala Land involves reinvigorating its aging assets, which includes a diverse portfolio of shopping malls, office spaces, and hotels. There’s no time to rest since Ayala is diving headfirst into a massive capital investment plan of $2.5 billion aimed at expanding its real estate footprint across the Philippines over the next five years. This ambitious plan also includes the renovation of several existing malls and the creation of new retail spaces, ensuring that Ayala not only keeps up with industry trends but leads them.

Despite the challenges posed by rivals and fluctuating market demands, Mariana hasn’t shied away from thinking big. With a keen focus on not just family shareholders but public ones as well, she understands that the company’s success hinges on community trust and investment. The upcoming $1.5 billion makeover of Ayala’s retail properties isn’t merely cosmetic; it’s about revitalizing a brand for modern consumers who are increasingly relying on shopping experiences rather than simply products. To add to the excitement, Ayala is even set to launch technohubs, dedicated spaces designed for science and technology companies. Talk about innovation!

In the face of stiff competition that seeks to siphon off market share, Ayala’s achievements couldn’t come at a better time. In 2024, the company saw record revenue of 181 billion pesos, demonstrating they’re not sitting idle. Future-proofing the business is crucial, and Mariana and her team are diving into strategies to lessen dependency on residential sales, which currently dominate the company’s earnings. Strategic investments, combined with a comprehensive understanding of market dynamics, position Ayala for future triumphs in the evolving world of business.

As Mariana Zobel Deayala takes on her role, one thing is clear: she’s not just living in the shadow of her family’s legacy; she’s ready to blaze her own trail. With a fresh perspective and bold ambitions, she aims to not only honor Ayala Corp’s storied past but also drive its future growth. Perhaps her journey serves as a reminder that family, legacy, and innovation can coexist, creating a brighter and more prosperous tomorrow. Now that’s a story worth following!

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Keith Jacobs

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