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Manila Bulletin devider Business devider The Stock Market devider ICCP taps former Ayala Land finance chief to lead expansion

ICCP taps former Ayala Land finance chief to lead expansion

Published Feb 11, 2026 03:13 pm
Augusto D. Bengzon
Augusto D. Bengzon
Investment & Capital Corporation of the Philippines (ICCP) has named former Ayala Land Inc. finance chief Augusto D. Bengzon as its new chairman and chief executive officer.
The appointment was announced by Guillermo D. Luchangco, chairman of the ICCP executive committee, who cited Bengzon’s extensive track record in capital markets and strategic governance as central to the firm’s long-term expansion goals.
Luchangco noted that Bengzon’s perspective would be vital as the institution navigates a shifting financial landscape.
Bengzon joins ICCP following a career in both the banking sector and the real estate industry. He spent 18 years in financial services, including a 16-year tenure at Citibank, where he held various roles across consumer, corporate, and investment banking.
His transition to the corporate sector saw him take the reins as treasurer of Ayala Land, the Philippines' largest property developer, before eventually ascending to the role of chief finance officer.
During his time at the Ayala group, he also served as chief compliance officer and held several directorships across the company’s subsidiaries.
At the helm of Ayala Land’s finances, Bengzon was credited with fortifying the company’s capital structure and elevating its investor relations profile. His tenure coincided with a period of aggressive expansion for the developer across multiple asset classes.
His performance earned him a string of accolades, including the ING-FINEX CFO of the Year award and recognition as the Philippines’ best CFO by Institutional Investor and Finance Asia. Under his financial stewardship, Ayala Land secured consecutive 5-Golden Arrow Awards, reflecting a commitment to transparency that placed the firm among the top 20 ASEAN companies for corporate governance.
Beyond his corporate roles, Bengzon has remained a fixture in the Philippine financial community. He served as the 2024 president of the Financial Executives Institute of the Philippines and currently leads the FINEX Academy as its chairman. He is an alumnus of Ateneo de Manila University and holds a master’s degree from the Asian Institute of Management.
The leadership change comes as ICCP seeks to defend its position as a leading licensed investment house. The firm provides a suite of services ranging from debt and equity capital raising to mergers and acquisitions advisory.
While it maintains deep ties to the boardrooms of the country’s largest conglomerates, ICCP has increasingly focused on mid-sized enterprises and international investors seeking to enter or exit the domestic market.

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Augusto D. Bengzon Investment & Capital Corporation of the Philippines Guillermo D. Luchangco
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