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Manila Bulletin devider Business devider The Stock Market devider Zobels appoint ALI's first female President/CEO

Zobels appoint ALI's first female President/CEO

Published Sep 5, 2023 05:49 am

Zobel-controlled real estate giant Ayala Land Inc. (ALI) announced the appointment of veteran executive Anna Ma. Margarita “Meean” B. Dy as the company's first female President and Chief Executive Officer (CEO). 

ALI_Meean B Dy.jpg
Ayala Land's new President and CEO Anna Ma. Margarita "Meean" B. Dy

Meean Dy succeeds Bernard Vincent “Bobby” O. Dy (they are not closely-related), who retires from ALI after 26 years in the company — nine of which as President and CEO of ALI. 

Effective Oct. 1, 2023, Bobby Dy will take a new role as Senior Advisor to ALI Chairman Jaime Augusto Zobel de Ayala.

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Outgoing Ayala Land President and CEO Bernard Vincent "Bobby" O. Dy

In a letter sent to employees, Zobel said that Bobby Dy helped ALI maintain a strong balance sheet that enabled the company to recover from the challenges brought by the pandemic.

"During the pandemic years, Bobby guaranteed the health and safety of our employees, and supported our merchants, suppliers and the local communities we operated in,” he said. 

Zobel added that, “he was at the forefront of our sustainability initiatives as he boldly implemented a 5-year plan to achieve carbon neutrality for our commercial properties, which we achieved 1 year ahead of the target."

As Ayala practices deliberate and effective succession planning across its business units, next-generation leaders are given exposure to the entire Ayala ecosystem. 

Upon her appointment as Executive Vice President and Chief Operating Officer of ALI, Meean Dy had since been included in the regular meetings of the Ayala Group Management Committee and involved in key decisions concerning the entire ecosystem.

JAZA inducted as Honory Fellow by ICD
Ayala Land Inc. Chairman Jaime Augusto Zobel de Ayala

In the same letter sent to employees, Zobel also expressed his trust and high confidence in ALI's newly appointed chief. 

"Meean's extensive experience encompasses pivotal leadership roles within the Strategic Landbank Management Group. She played a key role in launching critical projects in our portfolio, such as BGC, Nuvali, Vertis, and Arca South,” he noted. 

Zobel added that, “her journey continued as she led the Residential Business Group and, more recently, assumed leadership over the Malls, Offices, and the Hotels and Resorts Group."

"With Meean at the helm, I am confident that Ayala Land will continue to have meaningful impact in all the lives and communities we touch," he said. 

Meean Dy graduated magna cum laude from Ateneo De Manila University's Economics Honors Program in 1990. She earned her Master’s degree in Economics from London School of Economics and Political Science in 1991 and MBA at Harvard Graduate School of Business Administration in 1996.
 

Related Tags

Anna Ma. Margarita B. Dy Ayala Land Inc. JAIME AUGUSTO ZOBEL DE AYALA Bernard Vincent O. Dy
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