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Manila Bulletin devider Business devider The Stock Market devider Ayala Corp. initiates CFO succession plan, grooming Syquia for top finance role

Ayala Corp. initiates CFO succession plan, grooming Syquia for top finance role

Published Jan 23, 2025 04:42 am

Zobel-led Ayala Corporation is implementing plans to ensure a seamless transition in its financial team by bringing Juan Carlos L. Syquia from Bank of the Philippine Islands to groom him as the conglomerate’s next Chief Finance Officer.

In a disclosure to the Philippine Stock Exchange, Ayala said its President and Chief Executive Officer Cezar P. Consing announced the important leadership change, with Syquia being appointed Deputy Chief Financial Officer (CFO) of the company, effective May 1, 2025.

“Syquia will support Ayala Corporation CFO Alberto M. de Larrazabal before succeeding him on January 1, 2026, after the latter’s retirement,” the conglomerate said.

It added that Syquia will be elected as Deputy CFO of Ayala Corporation at the Organizational Board Meeting following the annual stockholders meeting (ASM) on April 25, 2025.

“We are pleased to have John-C join us at Ayala Corporation. His extensive banking experience, strong financial acumen, and proven leadership give us great confidence that Ayala’s financial leadership will remain in very capable hands,” said Consing.

For his part, Syquia said, “I am very honored to join Ayala Corporation. I look forward to working closely with Albert and the rest of the senior leadership team to drive Ayala’s pursuit of growth, innovation, and nation-building.”

Currently Executive Vice President and Head of Institutional Banking at BPI, Syquia brings three decades of experience in corporate and investment banking.

Prior to joining BPI in 2016, Syquia held leadership roles at ING and Standard Chartered in strategy and business development, running corporate finance and relationship management businesses.

Syquia holds an MBA in Finance and International Business from Fordham University, New York, graduating with honors, and a Bachelor’s degree in Management Economics from the Ateneo de Manila University.

Related Tags

Ayala Corporation Cezar P. Consing Juan Carlos L. Syquia Alberto de Larrazabal
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