Ayala Now July-August 2009 Edition

Transcription

The official publication of the Ayala group of companies Volume 13, Number 4, July-August 2009
inside
4
Farewell to Cory
6
Six AYLC alumni among 2009 Ten Outstanding Students of the Philippines
8
CENTEX, HP advocate environmental conservation
12 Ayala companies receive awards for CSR, corporate governance
14 Globe, USAID provide Mindanao schools with WiMAX connection
Economist, White House chef
recognized at 4th BPInoy Awards
(From left) Delphi Group chairman Octavio Espiritu, Ayala president and COO
Fernando Zobel de Ayala, BPI president Aurelio Montinola III, Ayala senior managing
director Mercedita Nolledo, Ambassador Lilia Bautista, Helen Ho-Delgado, Dr. Eli
Remolona, Cristeta Comerford, Pilipinas Shell director Oscar Reyes, and Ayala
senior managing director Gerardo Ablaza Jr. at the BPInoy Awards
A world-renowned economist, the first woman executive chef in the
White House, and one of the most distinguished Filipino painters were
recognized for their contribution in their respective fields overseas at the
Bank of the Philippine Islands’ 4th BPInoy Awards held on August 25 at
the Makati Shangri-la Hotel.
Ayala net income reaches
P4 billion in first half of 2009
Dr. Eli Remolona, the current chief representative for Asia and the Pacific of the Bank
for International Settlements (BIS) in Basel, Switzerland; Cristeta Pasia-Comerford,
executive chef at the White House in Washington DC; and artist Anita Magsaysay-Ho were
recognized for doing the country proud through their outstanding achievements abroad.
“I am grateful for this distinction, especially in the company of Mrs. Magsaysay and Ms.
Cormerford. Having worked abroad, I know that Filipino workers are commended by
others. I am very thankful to BPI for recognizing my humble contributions as a Filipino,”
Remolona said.
“BPInoy Awards honors overseas Filipinos, who serve as ambassadors of our vibrant
culture and valued attributes such as diligence, integrity, and dedication to excellence.
They have shown the world the brilliance and strength of the Filipino people,” BPI senior
vice president Teresita Tan said.
Maysaysay-Ho is one of the Thirteen Moderns of Philippine Art, as named by National
Artist Victorio Edades. She has earned numerous awards such as the first prize at the Art
Association of the Philippines competition in 1952 and 1960. Her paintings have been
sold in numerous international auctions.
Comerford is the first woman and Asian to become the executive chef at the White House.
She has a degree in food technology from the University of the Philippines and trained in
various restaurants in Washington DC, Napa Valley, and Chicago in the United States, as
well as in France and Austria.
continued on p.7
Ayala Corporation’s net income in the first half of 2009 reached P4 billion, 35 percent
lower than the same period last year. However, excluding gains from asset sales last year,
Ayala’s net income rose by 14 percent. Equity earnings from key business units posted
healthy growth, with equity earnings from Globe Telecom and Bank of the Philippine
Islands up by seven percent and 27 percent, respectively, cushioning the 35 percent
fall in equity earnings from Ayala Land. Companies under the conglomerate’s AC
Capital also contributed positively as Ayala reversed last year’s loss following Integrated
Microelectronics Inc.’s significant improvement and higher earnings from Manila Water.
continued on p.5
2
Ayala bares sustainability
projects, prospects in new report
Pioneering For a Sustainable Future, Ayala’s first conglomerate sustainability report, will be launched at the first Ayala CSR
Summit on October 9 at Hotel Intercontinental Manila. The one-day event will include panel discussions that will be attended by
local and international experts in the fields of education, entrepreneurship, and environment. The summit will also hold the launch
of the sustainability reports of various Ayala companies, including the first sustainability reports of Globe Telecom and Bank of
the Philippine Islands, as well the reports of Ayala Land, Cebu Holdings Inc., and Manila Water. The official turnover of certificates
of donation from Ayala’s 175KB Project will also be held after the panel discussions.
With the publication of its first group-wide sustainability report, Ayala Corporation
has become the first conglomerate in the Philippines to account for its economic,
social, and environmental efforts geared toward sustainability. The report narrates
the Ayala group’s efforts to integrate its business operations with the need to serve
communities and protect the environment.
By measuring its economic, social, and environmental performance against the
reporting standards established by the Global Reporting Initiative (GRI), Ayala
discloses its commitment to further the focus, reach, and impact of its sustainability
efforts. This first report will also serve as the benchmark against which the group will
measure its progress in its journey toward sustainability.
Jaime Augusto Zobel de Ayala, Ayala chairman and chief executive officer,
believes in the urgency of integrating sustainability issues into the way business is
conducted. He said: “With the mounting scientific evidence on the speed and dire
consequence of climate change, coupled with the persistent inability of many of our
Philippine communities to climb out of poverty, we recognize that we in business
need to do even more if we are to achieve an acceptable growth trajectory for our
collective environmental footprint and socio-economic development. As such,
Ayala has decided to take a careful and broader look at how we can incorporate
more powerful and innovative sustainability principles into our business models
and operating practices for greater impact on the environment around us and the
development of the communities in which we operate.”
Ayala president and chief operating officer Fernando Zobel de Ayala adds: “Ayala
companies have all responded to the challenges of sustainability in their own
capacities and spheres of interest. While we still have a long way to go in becoming
carbon-neutral and catalyzing broad-based community development, we see
promising results from incorporating sustainability goals in our business operations.”
Center of Excellence in Public Elementary
Education (CENTEX), established in 1999,
is driven by Ayala Foundation’s goal to help
improve the quality of the public school
system in the country
Manila Water’s sewage treatment
plants optimize the use of available
water resources by providing treated
wastewater for use in cleaning and
landscape irrigation
Glob
over
and
Pioneering for a Sustainable Future details the specific steps that seven Ayala
companies have taken toward boosting the “3Ps” (profit, people, and planet) of
sustainability. The participating companies are Ayala Corporation, Ayala Land,
Bank of the Philippine Islands, Globe Telecom, Manila Water Company, Integrated
Microelectronics, Ayala Automotive Holding Company, and Ayala Foundation.
The report highlights several Ayala projects that successfully harmonize these 3Ps.
For instance, Manila Water’s Tubig para sa Barangay program has achieved its
economic, social, and environmental goals by responding to the needs of multiple
Ayala Automotive’s customer-oriented programs include safe-driving
orientations for clients and public utility vehicle drivers, and basic
training on engine troubleshooting
GILAS, or Gearing up Internet Literacy and Access for Students, is one of the Ayala-supported
educational consortiums that aims to make information technology and computer literacy
accessible to public school students
News
The Solid Waste Management program of Ayala
Foundation encourages the proper segregation and
disposal of solid waste. The program helps reduce
the amount of waste being brought to landfills and
other disposal sites and gives participants
additional income
NUVALI, Ayala Land’s flagship sustainable development project has multifunctional
amenities, including a 3.6 hectare man-made lake that serves as rainwater reservoir,
and parks that double as natural infiltration systems for waterways
stakeholders. Manila Water’s program has given many poor families in its service
area access to safe water, while increasing its market base, decreasing non-revenue
water, and reducing the wasteful use of this precious resource.
be’s efforts in addressing the communication needs of
rseas Filipinos include lower call and text rates of products
services for overseas Filipinos and their families
As a pioneer of microfinance in the Philippines,
Bank of the Philippine Islands links Filipino
microentrepreneurs to commercial capital
markets by providing developmental capacity
loans and business consultancies using
technology-based solutions
Ayala has also come up with programs that contribute significantly to social
development among Filipino communities. AFI leads the group’s multi-platform
educational programs such as the Center of Excellence in Public Elementary
Education (CENTEX), Gearing up Internet Literacy and Access for Students (GILAS),
Text2Teach, Education and Livelihood Skills Alliance (ELSA), Filipinas Heritage
Library, Ayala Museum, and the Mind Museum. Globe, aside from actively pursuing
community development projects through Globe Bridging Communities, has made it
possible for many Filipinos to become micro-entrepreneurs through its products and
services, such as Globe AutoLoad Max. BPI and ALI have come up with products
and services that cater to the needs of an important consumer segment—overseas
Filipinos. BPI, for instance, has developed BPinoy, which not only serves as a safe
and efficient channel for OFs to send remittances to the country, but also to assist
them in making wise investments for their future. Lastly, Ayala details its commitment
to ensuring the growth of its employees.
The report also presents the group’s various efforts toward mitigating the effects
of climate change. AFI, in cooperation with ALI’s Ayala Property Management
Corporation, leads the group’s efforts in reducing and recycling solid waste. IMI
and Globe are also seriously managing their hazardous wastes. For its part, ALI
is starting to integrate the principles of sustainability in its new developments,
particularly in NUVALI. Most important of all, the group is coming up with ways
to measure its impact on the environment, as well as reduce its environmental
footprint. A highlight of these environmental efforts is Manila Water’s climate change
policy, which unifies its business strategies with environmental stewardship. Lastly,
Ayala Automotive actively campaigns for the use of environment-friendly, lowcarbon-footprint products for its vehicles. It has also initiated training programs for
safe driving.
Integrated Microelectronics Inc. maintains high levels of safety, health, and quality
management standards by using lead-free machines and doing quality assessment checks
to ensure that raw material supplies are hazardous-substance-free
One of the key features of the report is a document that affirms the commitment of
Ayala companies to sustainable development. Signed by Ayala CEOs, the document
affirms the group’s “belief that business plays an essential role in finding solutions
that will allow humankind to meet its present needs without compromising the ability
of future generations to meet their own needs.”
4
Farewell to Cory
On August 1, the Philippines mourned the death of Corazon “Cory” C.
Aquino, the country’s first female president. Aquino, widow of former
senator and martyr Benigno “Ninoy” S. Aquino Jr., became the icon of
the first People Power Revolution when she led the movement to restore
democracy in the country. Below is an essay about the late president and
democracy icon by Ayala Foundation Inc. president Victoria Garchitorena.
She was a simple housewife, content to bask in the reflected glory of her Ninoy. He
was always voluble, charming everyone, pressing flesh, arguing points, debating
issues, always convincing others. She made sure everyone was comfortable, that the
table was filled with good food in a home that was always bustling with guests.
When martial law was declared and her husband was picked up, she became Ninoy’s
pillar of strength. Quietly but with grim determination, she met with human rights
lawyers, politicians, and friends. Whenever she visited Ninoy in his cell, she suffered
the indignities that only a dictatorship could instigate upon its people.
When Ninoy decided to return home from exile to meet his fate, and was gunned down
as he stepped onto the tarmac at the airport, she became once again the pillar of
strength, not only for her family, but for the country as well.
Millions responded to her courage. They poured into Santo Domingo Church in
unending lines to pay their respects to the man who declared that “the Filipino is worth
dying for.” Millions more lined the streets and followed his hearse to his grave. Millions
more started the yellow revolution—along Ayala Avenue and in many other main streets
and town plazas across our 7,100 islands. They were no longer afraid. They would no
longer keep silent.
Pressed into running for the presidency against the overwhelming power and
resources of the dictatorship and motivated by a million signatures that declared
support for her candidacy, Cory challenged the Marcos regime. The rest is history.
From Piso Para Kay Cory to the 500,000 NAMFREL volunteers who risked their lives to
protect the ballot, Cory inspired many acts of courage, defiance, and patriotism.
And when it was clear that Cory had been cheated at the polls, the outpouring of anger
became a sea of protest. First at Luneta Park and then culminating at EDSA over four
fateful days of a peaceful People Power Revolution that riveted the attention of the world.
Cory then quietly dismantled the structures that had propped up the dictatorship,
brought freedom and justice back to the country, and led our people back to social
and economic stability. All these while fending off seven coup attempts by those who
wanted to grab power for themselves.
Despite the vast powers that she wielded under the Freedom Constitution, she
exercised restraint and prudence to prevent abuse. Indeed, she refused all
blandishments to run again for the presidency, despite lawyers’ assurances that she
was qualified to do so.
Kit Zobel with daughter Katya
President Aquino’s funeral cortege stops by
Ninoy Aquino’s monument en route to the
Manila Cathedral
Ayala employees line up along Ayala Avenue
waving yellow flags while waiting for President
Aquino’s funeral cortege
But even as an ordinary citizen, her moral leadership never diminished. And so our
people looked to her at every crisis. And she never failed us. She spoke up when many
were silent. She stood up when others kept their heads down. She led us when no one
else dared.
She also started a prayer crusade, traveling around the country, visiting colleges and
universities, speaking at churches, encouraging everyone to pray—for themselves, for
their families, for their communities, for their country.
Her last crusade was to harness People Power to address the problems of poverty.
Convinced that microfinance and microentrepreneurship are ways to empower
poor families so that they could lift themselves out of poverty, she convened likeminded individuals and established PinoyME. It is a social consortium that helps
the microfinance industry in the country by mobilizing resources, finding business
solutions to improve the efficiency of microfinance institutions, and encouraging others
to invest and support the sector.
Today, we mourn her passing. We will miss her whom we loved. We feel her family’s
loss like it was our own. But we know that she would want us to continue her legacy
in defense of democracy, in upholding truth and justice, in reaching out to the poor
among us, and in living prayerful lives of excellence and integrity. So we cry because
we have lost a leader we admired and loved, and we also cry for ourselves, perhaps
in sorrow that we did not do more to follow where she led us. But we must dry our
tears and look out to see what we can do to keep her spirit alive in our country and our
people. She was a rock of moral values, a beacon of democracy, a pillar of strength.
Let us keep the memory of her life and the legacy of her moral compass always
burning in our hearts and in our lives.
Hers was a voice that always rang clear and uncompromisingly. Let us raise our voices
to join hers. Many of us have joined the movement I Am Ninoy. Today let us also launch
a movement, I Am Cory.
Mabuhay si Cory! Mabuhay si Ninoy! Mabuhay ang Pilipino!
(From left) Sylvie Maghirang and Maricar Remolona of
AC with Ayala managing director JP Orbeta and AFI
EVP Guillermo Luz
Kit Zobel and her children and Sofia
and Patxi Elizalde and their children
MACEA president Adolfo Duarte with FZA, Kit
Zobel, Sylvia, Natasha, and Katya
The intersection of Ayala
Avenue and Paseo de Roxas
becomes historic once again
as hundreds of Ayala and
other Makati City employees
and residents bid goodbye to
Cory Aquino
AFI and Ayala employees wave yellow flags as
President Aquino’s funeral cortege passes through
Ayala Avenue
President Aquino’s children and
grandchildren sing the national anthem
before the funeral procession
News
Ayala net income reaches P4 billion in first half of 2009
continued from p.1
Ayala Corporation president and chief operating officer Fernando Zobel de Ayala said,
“We are encouraged by the earnings trend across our key business units despite the
marked slowdown in the economy. While conditions will remain challenging, we are much
more optimistic given the resilience displayed by each of our businesses during this
challenging period. We will continue to see earnings stabilize in the near term and expect
growth to accelerate next year.”
While ALI’s core net income in the first half dropped by 16 percent to P1.87 billion,
core earnings in the second quarter rose by six percent to P964 million, indicative
of a more positive trend. This was underpinned by a resurgent property market with
buyer confidence returning particularly in the high-end residential segment. Residential
development revenues grew by 19 percent to P3.71 billion in the second quarter. Ayala
Land Premier also reported strong recovery while Alveo and Avida performed steadily.
Revenues from ALI’s corporate business increased by 84 percent to P788 million, with
increased contribution from the new business process outsourcing (BPO) buildings that
became operational in the second half of last year and early this year.
with Laguna AAA Water Corporation to provide water to Sta. Rosa, Biñan, and Cabuyao
in Laguna will expand Manila Water’s coverage and is expected to contribute to the
company’s growth and expansion.
Ayala’s BPO companies increased their combined revenues by 8 percent, from
$82 million in the first quarter to $89 million in the second quarter, largely due to
Integreon. Ayala’s share of the BPO companies’ combined reported loss decreased by
53 percent from P306 million in the first quarter of 2009 to P143 million in the second
quarter, primarily due to improvements in the performance of Affinity Express and
Integreon. Ayala’s share of the BPO companies’ combined net loss in the first half of the
year was P449 million, which included P156 million in interest expense and P72 million in
non-cash amortization of intangibles related to the acquisition of eTelecare, and
P44 million in one-off transaction costs related to Integreon’s acquisition of Onsite.
BPI also delivered profitable growth with net income in the first semester reaching
P5.3 billion, up 38 percent over the previous year. Revenues rose by 19 percent, with
positive contribution from both net interest and non-interest income. The bank’s loan
portfolio grew by five percent on double-digit expansion of consumer loans but with
softer demand from the corporate segment.
Globe posted a 17-percent growth in net earnings to P7.2 billion, with core net earnings
up three percent over the same period last year. Service revenues increased by
two percent on the back of stable wireless revenues and accelerating growth of the
wireline and broadband segments, which increased by 16 percent year-on-year. Globe
ended the first semester with 25 million wireless subscribers, and its broadband business
continues to reach new heights, setting a new record in net subscriber additions. The
company ended the first half with about 379,000 broadband subscribers, more than
double compared to last year’s, with revenues up 59 percent year-on-year.
Manila Water posted a 16-percent growth in net income to P1.46 billion. The impact
of higher tariff rate and lower corporate income tax, as well as higher interest income
boosted earnings during the period. Manila Water’s 25-year concession agreement
eTelecare Global Solutions, Stream Global
Services to combine in stock-for-stock transaction
LiveIt CEO and eTelecare
chairman Alfredo Ayala
EGS Corporation, an Ayala-backed business
process outsourcing (BPO) investment
company and the indirect parent company
of eTelecare Global Solutions Inc., recently
entered into an agreement to combine with
Stream Global Services Inc. in a stock-for-stock
exchange. The combined enterprise expects
annual revenues to reach about $1 billion
in 2010. The agreement will result in current
Stream Global and EGS stockholders owning
approximately 5.7 percent and 42.5 percent,
respectively, of the combined entity.
The boards of directors and principal
stockholders of both Stream Global and EGS have unanimously approved
the combination, which include Ares Management LLC and certain founding
Stream Global stockholders representing 90.2 percent of Stream Global’s
outstanding shares, as well as LiveIt and Providence Equity Partners LLC,
which together own 100 percent of EGS Corp.
The combination of Stream Global and eTelecare, which will operate under
the Stream Global Services name globally, and under the eTelecare brand in
the Philippines, will have a broadly diversified Fortune 1000 customer base,
an experienced executive team, and technical and product leadership across
a wide range of industries, including the technology, retail, entertainment,
media, telecommunications, and financial service sectors. Stream Global
Services will have about 30,000 employees in 50 solution centers in North
America, Europe, Latin America, the Middle East, and Africa, as well as in
India and the Philippines.
Scott Murray of Stream Global becomes the chairman and CEO of the new
company following the close of the combination, while LiveIt CEO Alfredo
Ayala will become the non-executive vice chairman of the board of directors
of Stream Global Services and will remain the non-executive chairman of the
company’s Philippine entity.
Murray said: “This combination brings together two great businesses that are
extremely complementary. Since its inception, the Vision for Global Stream
Services has been a highly differentiated BPO provider that offers our clients
services designed to promote and build their brands and customer loyalty,
while maintaining an efficient cost model. This combination enables us to
fulfill our vision by leveraging eTelecare’s strength in the Philippines.”
“Ayala Corporation believes that this combination creates a global BPO
company that is one of the preeminent service providers in the industry and
uniquely positioned to deliver a full range of market leading solutions to our
clients. The combination also underscores our belief that the Philippines is
playing an increasingly critical role in the outsourcing strategies of global
clients due to its many advantages,” Ayala said.
6
Six AYLC alumni included among 2009 Ten
Outstanding Students of the Philippines
For 10 years, Ayala has recognized the invaluable role of the youth as the country’s
future stewards and has supported them through various leadership and educational
programs. This year, six Ayala Young Leaders Congress (AYLC) alumni were
included in the list of Ten Outstanding Students of the Philippines (TOSP). AYLC 2004
alumnus Roger Flores and AYLC 2008 alumni Miguel Garcia, Stacy Alcantara, Adrian
Mundin, Stephen Baltazar, and Nicole Villarojo were recognized for their academic
achievements, active involvement in community development and environmental
conservation programs, and student leadership. Four other AYLC 2008 alumni—Rubie
Anne Bito-on, Ahmad Domado, Richard Sagun, and Fleur-de-liz Estomo—made it to the
national finals.
The TOSP awarding ceremony was held on July 2 at the Rizal Hall of Malacañang
Palace. Executive secretary Eduardo Ermita, who represented President Gloria
Macapagal Arroyo, congratulated the students and encouraged them to continue
pursuing their dreams and serving their country in their chosen fields.
Businessman Jose Concepcion Jr. started the search for TOSP on June 19, 1961, the
100th birthday of national hero Jose Rizal. Concepcion wanted to honor students and
young leaders for their academic achievements and contribution to society. The search
was held annually until the declaration of martial law in 1972. It was eventually revived in
1989, a few years after the country regained its democracy.
More than 200 students from 16 regions were nominated for the 2009 TOSP before the
list was narrowed down to 33 finalists. The TOSP national secretariat, in partnership with
the Commission on Higher Education, conducted regional searches in seven regions.
Each region chose 10 outstanding students from a roster of 20 finalists. From these
regional awardees, a pool of national finalists were screened and evaluated based on
academic excellence, good moral values, leadership, and community involvement.
Colleges and universities that did not join regional searches sent their nominations
directly to the national secretariat.
Secretary Ermita (center) with the 2009 TOSP
awardees (from left) Roger M. Flores, Miguel
Antonio B. Garcia, Aidel Paul G. Belamide,
Anne B. Crusit, Paul John B. Gesta, Stacy
Danika S. Alcantara, Adrian Clarc S. P.
Mundin, Stephen Alexeus G. Baltazar, Nicole
Marie R. Villarojo, and Carlos R. Gerogalin Jr.
AYLC: Igniting the youth’s passion to serve and lead
The AYLC alumni who were
included in the 2009 TOSP’s
33 finalists said participating
in AYLC was a life-changing
experience. While they place
academic excellence high on
their list of priorities, they also
recognize the importance of
contributing their time, effort,
and talent to community service.
Student leadership, they said,
starts with taking responsibility
for one’s actions and by serving
the underprivileged with humility
and sincerity.
“AYLC reignited my passion to serve and
to lead. AYLC taught me that fulfillment
in life means paying it forward—sharing
your talents, your blessings, yourself. It’s
never lonely at the top, if we all get there
together,” Stacy Alcantara, an AB Mass
Communication graduate from Silliman
University, said.
AYLC is an annual summit that brings
together about 70 college students from all
over the country for a three-day event that
includes workshops, outdoor activities,
and plenary sessions designed to hone
the participants’ leadership skills and
potential. Congress themes, like this year’s
Leading and Serving: Conviction in Action,
are selected in response to the challenges
of “shaping tomorrow’s leaders.”
Nicole Marie Villarojo believes that to be
outstanding means accepting that people
cannot become catalysts for social
change by acting alone. Her experience
at AYLC taught her that leadership does
not mean herding people into a certain
direction. “Leadership means working with
the people and serving them,” she said.
Stephen Baltazar of Leyte supports
education and health advocacy. As a
student council committee chair, he
encouraged his fellow classmates to
donate medical supplies and equipment
to two medical institutions in Cebu
City. He also initiated a Christmas drive
to provide school supplies for young
children. “At AYLC, I realized that a great
leader should have the moral courage
to translate his words into actions,”
Baltazar said.
The awardees understand that being
recognized as outstanding students in
the country is not something to brag
about. Instead, the award represents
the hope and expectations of older and
younger generations, and is a reminder
to use talent and experience to build a
better society.
“The AYLC experience allowed me to step
back and really see the whole idea of
servant leadership,” said Adrian Mundin,
who graduated from Ateneo de Manila
University with a degree in management
engineering. “AYLC also gave me an
opportunity to interact with a diverse set
of young individuals who all seek to make
a difference.”
Miguel Garcia, another AYLC 2008 alumni
and an AB Economics graduate from
the University of San Carlos in Cebu,
said: “Only by freeing the Filipinos from
ignorance and desperation, and by
empowering them to recognize their
own self worth can we begin to see the
country grow. Excelling in academics
and engaging in leadership roles are
only the beginning. Beyond that, we
must use what we have and share them
wholeheartedly with other people”.
AYLC panel discussions are designed to enhance
the participants’ sense of self and teamwork
News
Ayala relay team grabs first place in Ironman triathlon
(From left) Ayala
Corporation’s Gabby
Mejia, Barz Barcarse of
Manila Water, and BPI’s
William Turcuator and
Jimmy Cadena at the
Ironman 70.3 Triathlon in
Camarines Sur
Speed, stamina, and three months of rigorous training led the Ayala Team to triumph in
first place in the Corporate Relay race category of the Cobra Energy Drink Ironman 70.3
Triathlon held on August 23 at the Camarines Sur Watersports Complex.
 
The team composed of William Torcuator Jr. and Jaime Cadena of the Bank of the
Philippine Islands and Abraham Barcarse, Jr. of Manila Water Company clocked in at
4:22:23, a full half hour ahead of the teams from New Zealand’s Fonterra group which
finished in second and third. Torcuator completed the 1.9-kilometer swim in just over 34
minutes. Cadena then led Corporate Relay bikers in the 90-kilometer portion of the race,
finishing in two hours and 27 minutes. Barcarse finished the half-marathon homestretch in
one hour and 17 minutes.
 
The three athletes were chosen from among peers who excelled in the Ayala Olympics
in 2008 and in a time-trial race for recreational road bikers. The team was put together
by the Ayala Group HR Council and Labor Network led by HRMall’s Gabby Mejia, who
credits Fernando Zobel de Ayala, president of Ayala Corporation and a running enthusiast
himself, for the initiative.
 
FZA participated in the main event, as did other officers in the Ayala group, namely, Nona
Torres and Fred Ayala of AC; Noel Mercado of BPI; Elmer Santiago and Leo Boyles of
Globe Telecom; and Ramon Acuña of eTelecare. Globe also fielded athletes and placed
fourth and fifth in the corporate relay category. Their team members were Marlon Narvaez,
Rommel Narciso, Richard Poquiz, Chris Uichico, Roman Capati, and Rex Banzuela. The
Ayala group teams were assisted in the Ironman by Atty. Elis Tanlapco and Neny Ilagan
(AC), Ricky Zerrudo (BPI), Wilson Caisip (Globe), and Bert Ramirez (MWC).
 
Ayala Team’s first-place finish in corporate relay was all the more significant in that it was
the Philippines’ first Ironman Triathlon, which was co-presented by Globe. A total of 468
individuals participated in what Ironman followers have praised as a first-rate event and a
nod to Camarines Sur and the Philippines as a location for world-class competitions.
 
Wilfred Steven Uytengsu, president and CEO of Alaska Milk Corporation and chairman
of Cobra Energy Drink Ironman 70.3 Philippines, said that one of the event’s goals is
to develop the sport of triathlon in the Philippines. “As more and more people seek a
healthier lifestyle, triathlon is well positioned to attract many new participants.”
 
The Philippine race is among the last few qualifying races before the culminating Ironman
events in Kona, Hawaii, where the prestigious endurance event began in 1978, and in
Clearwater, Florida. Terenzo Bozzone of New Zealand and Lisa Bentley of Canada were
the male and female individual champions of Ironman 70.3 Philippines.
Jaime Augusto and Fernando Zobel de Ayala host a
simple event in honor of the Ayala group’s Ironman
athletes and coordinators, namely (seated, left to right):
Gabby Mejia (HRMall) and the Corporate Relay gold
medalists Jaime Cadena (BPI), William Torcuator Jr.
(BPI),  and Abraham Barcarse Jr. (MWC); (standing, left
to right) Wilson Caisip (Globe), JP Orbeta (AC), Ramon
Acuña (eTelecare), Leo Boyles (Globe), Elmer Santiago
(Globe), Chris Uichico (Globe), JAZA, FZA, Richard
Poquiz (Globe), Roman Capati (Globe), Noel Mercado
(BPI), Rommel Narciso (Globe), Fred Ayala (AC), Ricky
Zerrudo (BPI), Neny Ilagan (AC), Atty. Elis Tanlapco
(AC), and Bert Ramirez (MWC)
Economist, White House chef recognized at 4th BPInoy Awards
continued from p.1
BPI/MS president Takaaki
Ueda (left) joins BPI
senior vice president
Teresita Tan (center) and
BPI president and CEO
Aurelio Montinola III in
recognizing outstanding
overseas Filipinos
Dr. Remolona is a prominent economist in international monetary and financial policy
circles. As chief representative for BIS, he is responsible for dealing with the 12 most
important economies in the Asia-Pacific region. He obtained his PhD. in Economics at the
Stanford University.
Now on its fourth year, the BPInoy Awards continues to celebrate overseas Filipinos and
their contribution to the nation’s progress through their achievements abroad. Through
the BPInoy Awards, BPI aims to encourage nationalism and excellence among overseas
Filipinos.
BPI has recognized outstanding Filipinos in the fields of arts, culture, and science
and technology including singer Lea Salonga and technology entrepreneur Diosdado
Banatao in 2006, heart surgeon Dr. Jorge Garcia and fashion designer Monique Lhuillier in
2007, and BBC anchor Rico Hizon and fashion designer Josie Natori in 2008.
Nominations for BPInoy Awards are screened by a steering committee. The nominees should
have an established reputation and be currently active in his or her field. They must have
worked or lived overseas, are of good moral character, and have not yet received similar
awards from other banking institutions. BPInoy winners are chosen from two categories: Arts
and Media or Sports category and Business or Science and Technology category.
This year’s winners each received a BPInoy trophy and P100,000 were donated to a charity of
his or her choice.
Representatives of Overseas Workers Welfare Administration, one of BPI’s partners in its effort
to serve more overseas Filipinos, attend the 4th BPInoy Awards. (From left) BPInoy awardee
Cristeta Comerford, an OWWA employee, FZA, Lilia de Guzman of OWWA, and OWWA
administrator Carmelita Dimzon
Dr. Remolona is joined by his
colleagues Eddie Mendoza and
Ben Diokno from UP Diliman
8
CENTEX and HP advocate environmental
conservation among the youth
(From left) Manila
mayor Alfredo Lim, HP
senior vide president for
global marketing Satjiv
Chahil, HP personal
systems group country
general manager
Bernadette Nacario, and
AFI president Victoria
Garchitorena lead the
ribbon cutting ceremony
at CENTEX–Manila’s new
computer laboratory
Ayala Foundation’s Center of Excellence in Public
Elementary Education (CENTEX) recently partnered
with Hewlett-Packard (HP), one of the world’s largest
information technology companies, to launch an
environmental stewardship campaign called My Backyard
at the CENTEX campus in Tondo, Manila.
Through the project’s official website, http://mybackyard.centexschool.
org/index.php, CENTEX students can communicate to the world
their ideas and send messages on environmental change. Since My
Backyard’s launch last July 9, the students have published photos,
essays, and short stories about environmental conservation on the
website. Prior to the launch, students also participated in communitywide cleanup activities held in three barangays in Tondo, Manila.
HP also funded the renovation of the computer room of CENTEXManila, which is now equipped with HP Pavilion PCs, an HP
TouchSmart PC, and Laserjet and All-in-One printers.
“HP believes that technology plays a vital role in education,” said Satjiv
Chahil, HP senior vice president of global marketing, personal systems
group. He added that the newly-renovated computer room would
enable students to leverage on the power of technology not only in
meeting the demands of schoolwork, but also in sharing their ideas on
how to protect the planet.
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A music video was created for the campaign to encourage people to
adopt environmentally-conscious practices. CENTEX students wrote
the lyrics during an afternoon session with composer Gino Cruz.
Singer Charice Pempengco, an advocate of youth and environmental
programs, performed the campaign song. Gary Valenciano and
Journey’s lead singer Arnel Pineda also lent support to the campaign.
Valenciano, a supporter of environmental projects and activities for the
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ae_ayalanow_ad_R3.indd 1
8/10/09 2:59:01 PM
News
Ayala Land expands
development in Negros
IMI celebrates 29 years
Integrated Microelectronics Inc., one of the country’s pioneers in the
electronics manufacturing services (EMS) industry, celebrated its 29th
anniversary on August 8.
Ayala Land Inc. (ALI) held a groundbreaking ceremony
on July 24 to introduce Verdana Homes Asyana, the
newest addition to ALI’s residential development
projects in Negros Occidental.
Talisay City mayor Eric Saratan joined ALI officials, development partners,
media representatives, and Ayala North Point and Plantazionne Verdana
Homes residents at the groundbreaking ceremonies.
Located five minutes away from Bacolod City, near the new Silay
International Airport, Asyana Homes is a secure community with a
contemporary Asian theme. The development’s amenities place value on
family bonding through an open space plan, which allows for numerous
parks, long trails, and other recreational conveniences.
“Ayala Land embarks on projects that enhance the land and enrich the
lives of all residents. This is our dream, and the process of fulfilling it begins
with remembering what is most essential—the family,” said ALI Vismin
sales and marketing division head Jay Visco.
Asyana Homes will be offered as a resort-like community with a Balineseinspired clubhouse set in a park by the river. The development makes use
of modern Asian architecture—a design philosophy which allows each
color, line, texture, and form of the houses to blend with the environment.
Swimming pools, a multipurpose covered court, a social hall, a gym,
and a play area will give various leisure options for the families of future
residents.
IMI employees, led by IMI president Arthur Tan, troop to Mt. Makiling for the treeplanting activity
During its anniversary month, IMI conducted a host of activities to celebrate the milestone.
These included At Your Service, where IMI managers served food to employees in all IMI
production facilities in the Philippines; the Service Awards, which honored outstanding
employees; an Employees’ Day, which included free clinic consultations; tiangge and bingo
socials; and a tree-planting activity at Barangay Paciano Rizal in Bay, Laguna. 
The past 12 months were very challenging for IMI since the electronics industry was one
of the hardest-hit by the global financial crisis. As major economies slipped into recession,
the global demand for electronic products weakened. EMS providers around the world
experienced either a slowdown in revenue growth or a decline in revenues. As electronic
markets bottom out, consumer electronics and
semiconductor industries have shown improvement and
the industry is expected to recover in 2010.
IMI president and CEO Arthur Tan said: “As we continue
to struggle with the effects of the global economic crisis,
a condition over which we have little or no control, we
remind ourselves that there are things we can and do
control. In the long run, we are in a position to build
something great, thanks in part to realities more lasting
than this temporary setback.”
The first phase of Asyana Homes will feature a long landscaped walkway
and a jogging path to encourage families to maintain a healthy lifestyle
while having fun. Each of the four pocket parks in Asyana will have
themes like wood, wind, water, and earth to exemplify the creative use of
organic materials that provide a sustainable setting for the community.
Like the Ayala North Point and Plantazionne Verdana Homes residential
developments, Asyana Homes is in the vicinity of a pre-school and sports
stadium (St. John’s Institute), a gasoline station with a convenience store,
and various retail hubs.
The new subdivision will also feature a 15-meter wide main road,
overhead utilities for power, cable, and telephone lines, adequate water
supply, and drainage facilities.
Tan said there are plenty of opportunities for IMI’s
growth in the medium term. These include the increasing
dependence on electronic products and solutions, the
sizable untapped market of the EMS industry, and the
emerging applications of electronics in the automotive,
industrial, medical, and renewable energy fields.
FZA delivers a speech during
the IMI Service Awards
“The strategic initiatives IMI has undertaken and
continues to pursue, combined with the talent and quality
of the entire global IMI team, give us much confidence
that we will overcome the challenges we face today. I am
reminded of the resiliency of the IMI team, who having gone through similarly challenging
times in the past, have maintained industrial peace through the years. We hope we can
continue to count on all of you for your support, particularly during this period. This, together
with IMI’s financial and operational resources, put us in a good position to not only withstand
the effects of this crisis, but more importantly, capture opportunities as the global electronics
industry heads towards the road to full recovery,” Ayala president and COO Fernando Zobel
de Ayala said.
Prior to its anniversary month, IMI held a CEO Forum on July 14 at the Grand Ballroom
of Bellevue Hotel in Alabang. The forum’s speakers included Ayala senior managing
director Gerardo Ablaza, who talked about leadership, and Toshiba Information Equipment
(Philippines) Inc. president Yoshiyuki Yano, who talked about trends, opportunities, and
challenges in the data storage industry (hard disk drives and solid state devices), and
expectations of EMS partners. Harald Prenzel, resident engineer of Bosch for the DualPurpose Automotive Camera Project in IMI, discussed quality and productivity.
ALI officials lead the groundbreaking ceremonies for Verdana
Homes Asyana in Talisay City, Negros Occidental. In photo are
(from left) Architect Jonas Suan from the Innovation and Design
Division, ALI VisMin sales and marketing division head Jay Visco,
marketing manager Athena Catedral, Talisay City mayor Eric
Saratan, ALI vice president Francis Monera, project development
manager Lydwena Eco, ALI Negros branch manager Therese
Borromeo, and ALI VisMin corporate communications manager
Vera Alejandria
Ayala president and IMI
board member Fernando
Zobel de Ayala and IMI
president and CEO Arthur
Tan with some members
of the IMI management
team and several IMI
service awardees
10
A home run for
Globe, Ayala Land
A member
The Globe-Ayala Land Run for Home last July 19 attracted more than 6,000 runners, who converged at
Bonifacio Global City as early as 4 a.m. to join one of the four distance categories in the running event.
The charity event supported Kapit Bisig para sa Ilog Pasig, a project that aims to build houses in Bayan ni Juan
sa Calauan, a 100-hectare resettlement area in Barangay Dayap in Calauan, Laguna.
Run for Home is the first running event in the Philippines to use an innovative disposable electronic timing chip,
which keeps track of each participant’s running time.
Twenty ALI employees led by ALI chairman Fernando Zobel de Ayala, president Antonino Aquino, and vice
president and Bonifacio Global City president Meean Dy participated in the charity event.
Habitat for Humanity president Bert Jugo and family
Early start
By 5 a.m., thousands of participants were off and running in the event’s 21-kilometer race, which coursed
through the Makati Central Business District. This was the first time the Makati CBD was used for a running
event. The 10-kilometer run, which started at 5:30 a.m. also passed through the Makati CBD and traversed the
Buendia flyover before heading back to the finish line at Bonifacio Global City. Participants in the 5-kilometer
and 3-kilometer races, who took off at 5:55 a.m. and 6 a.m., respectively, enjoyed the routes set within
Bonifacio Global City.
KBIP project d
Cristine Reyes
“At Globe, we feel a great sense of responsibility to the community we
live in and we are glad to be given a chance to make a difference in
people’s lives. We thank all those who joined us in Run for Home and
contributed to the success of this endeavor,” said Globe president and
CEO Ernest Cu.
Run for Home’s success is the result of the collaborative effort of
various Ayala companies and event partners. Manila Water provided
water stations to ensure that runners are well hydrated. The race
organizer, Finish Line, ensured that the routes were safe and race
marshals were ready to help the participants.
Group TAKBOph
Group Running Club
Group Gone Running
G
FZA, Integrated Microelectronics Inc. (IMI) CEO Arthur Tan, IMI vice president Rafael Nestor Mantaring, and
HRMall manager Gabino Mejia ran alongside other athletes in the 21-kilometer race. BPI Capital president Jose
Teodoro Limcaoco and Ayala managing directors Solomon Hermosura and Ronald Luis Goseco joined the
10-kilometer race, while Ayala Land’s Aquino joined the 3-kilometer race. Ayala chairman and CEO Jaime
Augusto Zobel de Ayala met them at the finish line.
Habitat for Humanity-Philippines chairman Francisco del Rosario Jr. and president and CEO Alberto Jugo also
ran the 3-kilometer route.
Family of runners
Mac Itaralde of Ayala Grou
Popular personalities and celebrities who joined Run for Home include Senator Pia Cayetano, Rovilson
Fernandez, Cristine Reyes, Maricel Laxa, Anthony Pangilinan, Samboy Lim, Karen Davila, Gilbert Remulla,
Christine Jacob, Paco Sandejas, Ditrie Villacorta, Leana Farrales, and Nina and Anton Huang.
Globe, Ayala Land and Ayala Corporation donated P1 million to help Habitat For Humanity build new homes in
Bayan ni Juan sa Calauan
(From left) Globe Telecom consumer sales and after sales head Ferdinand de la Cruz, Ayala chairman and
CEO Jaime Augusto Zobel de Ayala, Habitat for Humanity-Philippines chairman Francisco del Rosario Jr.,
Kapit Bisig para sa Ilog Pasig project director Girlie Aragon, Ayala Land president Antonino Aquino, and
Ayala president and COO Fernando Zobel de Ayala lead the ceremonial donation turnover of
P1 million to Habitat for Humanity
Samboy Lim
Gabby Mejia of HRMall
Kids also have fun
Chicho Mantaring of IMI
Cros
Arthur
Running goes high-tech
r of the group Army Runners
Francisco “Popoy” del Rosario Jr.
Maricel Laxa and
Anthony Pangilinan
Winners of the 21K race
director Girlie Aragon
The 3K race begins
Group FEU Runners
up Legal
ssing the finish line
Tan of IMI
Disposable running chips were used for the
first time in the Philippines at the Globe-Ayala
Land Run for Home event. The electronic
timing chips, provided by the Netherlandsbased chip manufacturer ChampionChip, are
made of waterproof glass capsules containing
a silicon chip and an energizing coil. Like a
miniature transponder, the chips use radiofrequency identification (RFID) signal and may
be used under various weather conditions.
Gilbert Remulla
Mon Hermosura
Angelo Yaneza and FZA
ALI president Tony Aquino with ALI
vice president for SLBMG Meean Dy
The disposable chips do not require batteries.
They remain inactive until moved into a
magnetic field that can be generated by send
antennas located at the start and finish lines.
When the chip enters the magnetic field, its
energizing coil produces an electric current
that powers the chip. The antenna sends
signals to a nearby RFID reader at the start
and finish lines of the race to accurately record
the runners’ time.
TG Limcaoco of BPI Capital
Ayala Land’s Tony Aquino
FZA, Alex Eduque, Ferdz Dela Cruz, Bert Jugo
Ned Goseco of Globe
Christine Jacob and Paco Sandejas
Jan Siena
Runners show off the disposable TG Limcaoco with FZA and JAZA
timing chip on their shoe
FZA, Anton Huang, Ferdz de la
Cruz, and JAZA
Working team Cathy Santamaria, Bunny Aguilar,
Emi de Lara, Veca Keeler, Angelo Yaneza, and
Ferdz de la Cruz
Emcees Tricia Chongbian
and Boy Ramos
12
Ayala companies receive awards for
corporate governance, CSR initiatives
Ayala companies topped international surveys and were recognized by multimedia and marketing
communications groups for their corporate social responsibility (CSR) programs and effective
marketing campaigns.
Anvaya Cove is finalist at Hospitality Design Awards
Ayala Land Premier’s Anvaya Cove, a sprawling residential seaside community in
Morong, Bataan, was a finalist at the 2009 Hospitality Design (HD) Awards. The only
Asian finalist in the competition’s green
and sustainable category, Anvaya was
recognized as one of the greenest and
most sustainable residential projects in
the world. Organized by Hospitality Design
Magazine, HD Awards is one of the most
coveted recognitions in the real-estate
development industry.
Manila Water honored with Dangal ng Pasig award
The Pasig City government recently gave a Dangal ng Pasig award to
Manila Water for the company’s pro-environment advocacy. One of Manila
Water’s initiatives to help the city in its campaign for a cleaner environment
was the construction of the first combined drainage and sewer system in
Barangay Pineda, a state-of-the-art facility that cleans wastewater before it is
discharged to the Pasig River.
“The design and plan of Anvaya Cove
follow sustainable principles in order
to create a luxury resort-like residential
development near Manila,” Anvaya
Cove project architect Manny Illana said.
“From the onset, the development team
agreed that emphasis must be placed on
protecting and enhancing the physical
attributes and natural habitats of the site.
This meant designing roadways that avoid
mature trees and following the natural
contour of the land, choosing suitable
lighting fixtures that would not disorient
pawikans when they come home to Anvaya
Cove to nest, and creating amenities like
the Nature Camp to encourage residents to
interact with nature.”
Ayala Land Premier has incorporated ecologically sound design principles in Anvaya
Cove by using locally available materials and integrating passive solar energy
features and natural ventilation. Anvaya Cove’s landscape design was also carefully
chosen to complement the area’s natural landscape—more than 65 percent of
the real-estate community is open space, while some areas are left untouched to
preserve delicate ecosystems.
The benefits of this family-friendly residential development extend from the residents and
club members of Anvaya to the locals of Morong, Bataan. Anvaya Cove’s development
team worked with residents of nearby villages in identifying new economic development
and employment opportunities. “We don’t do green because it’s in. We want the realestate property to offer tangible advantages to both Anvaya Cove and the community
that hosts us,” said Illana.
Pasig City honored Manila Water for the company’s proenvironment campaigns. In photo are (from left) Maribel Eusebio,
Pasig City mayor Robert Eusebio, chief of the City Environmental
and Natural Resources Office Racquel Naciongayo, and Manila
Water president Rene Almendras
Integreon recognized best KPO company by Frost & Sullivan
Ayala Land Premier’s
Anvaya Cove is the only
Asian finalist in the green
and sustainable category of
the 2009 Hospitality Design
(HD) Awards
Integreon, a major global knowledge process outsourcing (KPO) company, won the
2009 Frost & Sullivan Award for Excellence in KPO. Integreon was recognized for its
full range of KPO services, which consist of research KPO, legal KPO, document KPO,
and business services.
Frost & Sullivan, a leading market analysis and consultancy firm, cited Integreon’s
strong reputation as a trusted specialist in the global KPO industry and its proficiency
in delivering a wide range of knowledge-based services to corporations, financial
institutions, and law firms. Integreon was also cited for the growth and diversity of its
blue chip client base, deep vertical expertise, data security systems, service quality,
and client focus.
Manila Water, Globe win MAP CSR Leadership Challenge
Manila Water and Globe Telecom bagged the top awards at the recent Corporate Social Responsibility (CSR) Challenge of the Management Association of the
Philippines (MAP) on July 8 at Hotel Intercontinental Manila. Manila Water’s Tubig Para sa Barangay (TPSB) program received the prestigious Main Award for
integrating CSR into its business strategies.
Through TPSB, Manila Water has provided low-income communities with 24-hour supply of affordable, safe drinking water and sanitation services. The program
has helped address such issues as high rate of water losses due to illegal connections, and has also lessened the incidence of water-borne diseases, and
improved the overall health and sanitation conditions of poor communities in Metro Manila’s East Zone.
Globe’s Bridging Communities (BridgeCom), meanwhile, won the Leadership Challenge Award for enterprise development. Globe BridgeCom was recognized
for its CSR efforts in enterprise development. Empowering micro-entrepreneurs in the countryside, Globe BridgeCom has encouraged community leaders and
micro-entrepreneurs to be actively involved in entrepreneurial activities and start small businesses for their families and communities.
The MAP CSR Leadership Challenge promotes CSR as an important and integral part of good management practice. It observes CSR programs that have
been integrated into management systems and cascaded throughout the organization from top-level to rank-and-file employees, forming part of a company’s
corporate strategy as a whole.
BPI wins three Tambuli awards, multimedia publishing award
The Bank of the Philippine Islands garnered awards for its campaign initiatives for overseas
Filipinos at the Tambuli Awards, while its coffee table book Herencia: A Legacy of Art and Progress
received an excellence award under the best book/best writer on Asian media category at the
Asian Multimedia Publishing Awards.
BPI representatives led by senior vice president Teresita Tan received the Tambuli awards on
July 10 at the Li Seng Giap auditorium of the University of Asia and the Pacific (UA&P), while BPI
Foundation assistant director Ma. Celitas Jacob received the best book award on behalf of BPI at
the Asian Publishing Convention held at the Mandarin Hotel on July 17.
BPInoy Learning Program won a Tambuli silver award in the most effective family-oriented brand
campaign category and best innovative and integrated media campaign category. The program
is a sustained initiative that addresses the needs of overseas Filipinos by offering seminars on
financial management and products and services especially developed for overseas Filipinos and
their families.
BPI’s search for the Ten Outstanding Expat Pinoy Children, on the other hand, won silver in
the most effective teens brand campaign category. The annual search honors exceptional and
talented children of overseas Filipinos and promotes the value of education and nationalistic pride.
Tambuli Awards is one of the leading awards for integrated marketing communications
effectiveness in the Philippines and in Asia.
The Asian media award for best book/best writer is given to an author, group of writers,
or compiler/editor who, in the opinion of the judges, best reached out to and inspired the
intended audience. Criteria for judging include the significance of the book in the Asian context,
organization, and writing style.
BPI Foundation’s Herencia: A Legacy of
Art and Progress features in-depth reviews
of nearly 1,000 important works of art
accumulated by BPI over the years
Ayala companies top FinanceAsia,
Wall Street Journal surveys
Ayala companies dominated the FinanceAsia and
Asian Wall Street Journal best companies surveys.
The Bank of the Philippine Islands was awarded
the Philippines’ best bank, best foreign bank, and
best cash management bank in FinanceAsia’s
Country Awards for Achievement. FinanceAsia cited
BPI’s impressive share performance and cash
management business, which posted 16 percent
customer growth and 14 percent revenue increase
while other banks reported two-digit declines.
BPI was also recognized by international finance
magazine Euromoney as the best bank in the
Philippines at the Euromoney Awards for Excellence
2009 Asia Dinner held in Hong Kong on July 16.
Judges and analysts covering the Philippines’
financial industry were almost unanimous in praising
BPI for maintaining a strong and liquid balance sheet
throughout the financial crisis.
Ayala Land, on the other hand, retained its top
ranking in FinanceAsia’s 9th annual poll of Asia’s top
companies. Other Ayala companies such as Globe
Telecom, BPI, and Manila Water also ranked high in
the recent Asia’s Best Companies 2009 survey.
ALI ranked seventh in the best-managed company
category and sixth in the best investor relations
category in FinanceAsia’s annual poll. In addition,
the company placed seventh and sixth in the best
corporate governance and best corporate social
responsibility categories, respectively.
Ayala also secured four of the top 10 spots in Wall
Street Journal’s Asia 200 Survey. The conglomerate
ranked second among the Philippines’ most-admired
companies in the annual survey, while ALI, BPI, and
Globe placed third, fifth, and sixth, respectively, in
the overall rankings.
In addition to its outstanding overall performance
in this year’s survey, Ayala was considered best in
long-term vision, a category it has consistently led
since 1997. It was also regarded as one of the top
three companies in terms of products and services
quality, corporate reputation, and innovation. It also
ranked fifth in financial reputation.
FinanceAsia, a Hong Kong-based monthly
publication focusing on Asia’s capital markets,
conducted the poll among 238 investors and
analysts in the region.
BPI’s BPInoy program was honored for its outstanding marketing communication campaign at the
Tambuli Awards 2009. In photo are (from left) BPI’s vice president Jose Raul Jereza, manager Athena
Balleza, senior vice president Raul Dimayuga, senior vice president Teresita Tan with Tambuli Awards
2009 board of judges chair Javier Calero; DDB Asia-Pacific, Japan, and India president and CEO John
Zeigler; and UA&P senior vice president Bernardo Villegas
The Asia 200 survey, which was conducted from
December 2008 to January 2009, was taken in the
midst of the global economic downturn. A total of
2,622 executives and professionals in 12 Asia-Pacific
countries participated in the poll.
14
Globe, USAID–GEM provide WiMAX connection to Mindanao schools
To mark the arrival of Globe’s Worldwide
Interoperability for Microwave Access (WiMAX)
4G wireless broadband Internet in Zamboanga
City, Globe Telecom’s corporate social
responsibility arm Globe Bridging Communities
(Globe BridgeCom), in partnership with
the United States Agency for International
Development–Growth with Equity in Mindanao
(USAID–GEM), connected several public schools
in Western Mindanao to the Internet via WiMAX .
(From left) Globe chief legal counsel
and senior adviser Rodolfo Salalima,
US ambassador Kristie Kenney, and
Zamboanga City mayor Celso Lobregat
lead the launching ceremony of WiMAX in
Zamboanga City
A WiMAX launch, led by US ambassador Kristie Kenney,
Mindanao Economic Development Council chair Virgilio
Leyretana, Zamboanga City mayor Celso Lobregat, and
Globe chief legal counsel and senior adviser Rodolfo
Salalima, was held on July 31 in Zamboanga City.
Six Zamboanga City schools—Don Pablo A. Lorenzo
Memorial National High School, J-Jireh School, Southcom
National High School, Sinunuc Elementary School, the
main campus of Zamboanga City High School, and
Sinunuc National High School—became the first WiMAXconnected schools in Mindanao. The project was made
possible through Globe BridgeCom’s Internet-in-SchoolsProgram (ISP) and USAID–GEM’s Computer Literacy and
Internet Connection (CLIC) program.
 
ISP, Globe’s biggest education initiative, uses Globe
Broadband’s latest connectivity technologies like WiMAX
to provide free Internet connections for one year to public
high schools in the Philippines. Through the ISP, Globe
prepares young Filipinos to be globally competitive by
introducing them to Internet literacy skills and giving them
Internet access.
 
USAID–GEM’s CLIC program, on the other hand, supports
the efforts of the Philippine government to bring Internet
and computer education to beneficiary schools within the
Autonomous Region in Muslim Mindanao (ARMM) and
other conflict-affected areas in the southern island.
Public high school
students in Zamboanga
City can now surf the
Internet through WiMAX
HCMI and Motolite–PBSP push for recycling of used batteries
Honda Cars Makati Inc. (HCMI) recently signed an
agreement with Motolite and Philippine Business for
Social Progress (PBSP) for the Balik Baterya program
to help lessen the problems brought about by toxic
wastes.
HCMI branches in Makati, Pasig City, Alabang,
Shaw Blvd., and Bonifacio Global City will gather
all its used lead acid batteries (ULABs) and ensure
that these are properly disposed of and recycled
following Department of Environment and Natural
Resources regulations.
Funds collected from the recycling of these
batteries will be donated to Project LEAP (Learning
Enhancement Assistance Package). In cooperation
with the Department of Education, Project LEAP
will provide books and support teacher training,
supplemental feeding, and reading camps in various
public schools nationwide.
In photo are (seated, from left) HCMI central purchasing department head Juliet Onineza, Honda Cars-Shaw branch manager and functional
director for marketing and customer relations Galileo Dolendo, HCMI general manager Ramon Zialcita, PBSP manager Victoria San Juan-Co,
ULAB manager Francis Isip, PBSP corporate social responsibility manager Eman Ragaza II, (standing, from left) PBSP project officer Rainalyn
Siy, Honda Cars Global City customer relations officer Elizabeth Juni, Oriental and Motolite Marketing Corp. corporate social responsibility officer
Connie Deligero, Honda Cars-Makati production control officer Artemio Castro, and Honda Cars-Pasig branch manager and head for HCMI-Balik
Baterya Program Reginald See
HCMI’s corporate social responsibility program has
helped numerous public schools and barangays in the
vicinity of their branches. The HCMI–Motolite partnership
is in line with Ayala’s sustainable development and
corporate social responsibility initiatives.
Cu opens FOCAP’s 3rd
Teodoro Benigno Memorial Lecture
Globe Telecom president Ernest Cu
commended the Foreign Correspondents’
Association of the Philippines (FOCAP) for
keeping “the lights of democratic journalism
bright” as the organization held its 3rd
Teodoro Benigno Memorial Lecture on
August 26 in Makati City.
The lecture series is an annual event intended to
honor Benigno, who was the founding president of
FOCAP. Sheila Coronel, the 2003 Ramon Magsaysay
Ernest Cu
Awardee for Journalism, Literature, and Creative
Communication Arts, and noted for her role in
establishing the Philippine Center for Investigative Journalism was guest lecturer. Coronel
talked about the Philippine press, the 2010 presidential elections, and the challenges
posed to the traditional press by new media such as Facebook, Twitter, and blogs.
Created during the Martial Law years, FOCAP is the organization of correspondents of
foreign news agencies in the Philippines. Benigno was bureau chief of Agence FrancePresse for 27 years and briefly served President Corazon Aquino as press secretary,
before returning to print and broadcast media.
In his welcome remarks, Cu lauded Benigno, FOCAP, and Coronel for their role
in upholding press freedom in the interest of preserving democracy. “Democratic
journalism as espoused by Teddy Benigno, Sheila Coronel, and FOCAP opens a wider
window for the world to more clearly view the Philippines. This lecture series is truly
a commendable undertaking. From Globe’s perspective, we can only humbly assist
FOCAP by providing relevant telecommunication services like pervasive broadband that
can ease journalists’ work in the pursuit of democratic journalism.”
BPI, Globe to
begin microfinance
bank operations
Ayala Corporation, Bank of the Philippine Islands, and Globe
Telecom Inc. recently obtained approval from the Bangko
Sentral ng Pilipinas to begin operations of the country’s first
mobile microfinance bank. The microfinance bank will focus on
mobile wholesale and retail microfinance lending to small and
medium enterprises.
Ayala will have a 20-percent stake in the bank, while BPI and Globe will each have
a 40-percent stake. According to BPI president and CEO Aurelio Montinola III, the
microfinance bank, which has an authorized capital of P500 million, has already
started extending loans to microfinance institutions using Globe’s G-Cash platform,
an SMS-based technology for money transfers and loan collection. He expects
the bank to be operational in two months. The joint venture will use the banking
license of Pilipinas Savings Bank, Inc., a BPI subsidiary, as vehicle for extending
microfinance loans.
Montinola said that microfinance lending will make more loans available to more
Filipinos and may become a profitable business for banks in the future like
the remittance business. “We need to find a way to make banking easier and
cheaper for a greater number of people,” he said. “The market is really large with
only 20 percent to 30 percent of the entire country dealing with banks at present.”
16
Ayala Land Businesscapes,
APMC employees conduct
tree-planting activities
Manila Water supplements
curriculum on water education
Manila Water recently facilitated the Water Trail program for San Joaquin Elementary School and Palatiw
Elementary School in Pasig City to support the inclusion of water education in the Department of Education’s
elementary and high school curricula. The water company invited 80 students from grades five and six to the
University of the Philippines Sewage Treatment Plant and showed them how the water cycle works—from the
water source to water treatment and its distribution, and the management of domestic wastewater.
The Water Trail program supplements the water trail module integrated into the schools’ science subjects by directly showing
students how water is processed from raw to potable water and how wastewater is treated before it is discharged into creeks and
rivers. The schools commended Manila Water for helping their students understand the value of water and to see the importance of
the proper treatment of domestic wastewater.
APMC employees plant saplings of rare Philippine
trees at NUVALI
The Water Trail program is being implemented in coordination with the Philippine Business for the Environment, Coca-Cola
Foundation, Pasig City Department of Education, and the Department of Environment and Natural Resources–Environmental
Management Bureau.
The Water Trail program will complete its pilot run in 30 more schools in Pasig City.
Students from Palatiw Elementary
School learn how domestic
wastewater is treated before it is
discharged to creeks and rivers at the
University of the Philippines Sewage
Treatment Plant
Ayala Land Businesscapes leasing office head May
Florentino plants a pine seedling along Loakan
Road in Baguio City
Every year, Ayala Land Inc. employees spend
about a total of 2,000 hours of volunteer work
in various barangays and communities that
share the company’s sustainable development
goals. In keeping with ALI’s sustainability
commitment, Ayala Land Businesscapes,
led by assistant vice president Steve Dy,
conducted a tree-planting activity on June 26
in Baguio City. Ayala Property Management
Corporation (APMC), meanwhile, held a
tree-planting activity at NUVALI in Sta. Rosa,
Laguna on July 31.
About 80 employee-volunteers from Ayala Land
Businesscapes and partner-organizations, Ayala
Business Club, Camp John Hay (CJH) Development
Corporation, and Ayala Property Management
Corporation planted more than 1,000 seedlings. The
Baguio activity was part of Ayala Land Businesscapes’
goal to establish good relationship with the citizens
of Baguio and assure them of ALI’s commitment not
just to the city’s economic goals, but also to its social
and environmental goals. ALI, in partnership with CJH
Development Corporation, is currently developing
Camp John Hay TechnoHub, a 12-hectare mixed-use
development project in Baguio City.
More than 120 employee-volunteers from APMC went to
NUVALI and planted more than 600 saplings of rare trees
endemic to the Philippines such as Dao, Ipil, Kamagong,
Molave, Palosapis, Yakal-Saplungan, Palawan Cherry,
Pagsahingin, Balitbitan, and Palo Maria.
ALI regards tree planting and other CSR activities as
good opportunities to build “bridges of sustainable
relationships” with its employees, partner nongovernment organizations, and local government units
within the framework of environment protection.
Feed the Future: AFI launches feeding
program for CENTEX scholars
Good nutrition plays a crucial role in the mental
and physical development of children. Inadequate
nourishment makes it difficult for students to focus on
their lessons, leading to poor performance in school.
Last July, Ayala Foundation and the Center of Excellence
in Public Elementary Education (CENTEX) launched
Feed the Future, a feeding program that aimed to help
nourish CENTEX students in grades one to four and
enable them to focus on their lessons.
Feed the Future’s tagline, One child. One month. 300 pesos, signified
the amount needed to sponsor one student for one month in the feeding program. In order to feed all 300 students for the entire
school year, CENTEX needed to raise P900,000.
The campaign brought together AFI employees, who became actively involved in the resource mobilization efforts. AFI employees
received text messages and e-mail announcements about the campaign and were encouraged to pass on these messages to their
families and friends in order to gain more support for the program.
Feed the Future was able to raise P770,553.90 by the end of July, enough money to feed 200 students for an entire school year.
CENTEX and AFI continue to accept donations for the program.
Bulletin Board
BPI/MS gets ISO 9001:2008 certif ication
BPI/MS Insurance Corporation was recently awarded an ISO 9001:2008
certification by Certification International (UK) Limited. The certificate, which
is valid for three years subject to surveillance audits, has the Provision of
Non-life Insurance Services as its scope. The certification proves that BPI/
MS has good management practices implemented through its Quality
Management System. Furthermore, the company has successfully followed
ISO 9001:2008 as a standard to enhance its competitiveness and meet its
customers’ needs and expectations. BPI/MS president Takaaki Ueda was
very happy about the certification. “We have been exerting all efforts in order
to achieve customer satisfaction in all aspects of our business. This certification confirms our commitment
to provide quality customer service and superior, market-responsive products,” Ueda said.
BPI/MS is the first insurance company in the Philippines to receive an ISO 9001:2008 certification. ISO
9001:2008 is a revision of the ISO 9001:2000 standard. Both certifications set the standards for a well-planned
quality management system, a foundation for organizations seeking disciplined and controlled processes
to help achieve customer satisfaction and continued improvement. Under ISO 9001:2008, however, an
organization is given flexibility in the way it chooses to document its Quality Management System.
Ayala Land Premier of fers
student associate program
Ayala Land Premier (ALP) recently gave 19 college students the opportunity to do an internship at the Ayala
Land subsidiary for five weeks. As part of the ALP Student Associate Program, interns learned about ALP
projects and were given the chance to visit ALP project sites including One Serendra, NUVALI, and Anvaya
Cove.
Globe awards outstanding
vendors at 6th Annual
Business Partners’ Meeting
Globe Telecom recognized its top suppliers at the 6th Annual Business
Partners’ Meeting on July 1. The event gathered 88 of Globe’s leading
business partners from a pool of over a thousand vendors.
During the event, Globe honored Spectrum Graphix Inc. as its top
marketing business partner, Oracle Philippines Corp. as its top
information technology/value-added services business partner,
and Fujitsu Philippines Inc. as the company’s top telecom solution
business partner.
The company also awarded Soon Poh Technologies Inc. as top
telecom works business partner, Acro Industrial Development
and Construction Corp. as top civil works business partner, and
Underground Technologies Inc. as top outside plant business partner.
Globe’s business partners share the company’s vision and provide
the needed support for efficient and reliable operations throughout
the country. Every year, Globe honors outstanding suppliers who have
stood by the company and displayed consistent excellent work and
dedication.
The top vendors were chosen based on timeliness and quality of
service, price history, adherence to delivery schedule and quantity
order, material quality, and after-sales support.
To enrich their internship experience, the students also had learning sessions with ALP executives Rex
Mendoza, Bobby Dy, Tommy Mirasol, Giggio Jugo, Melissa Gil, Divine Lopez, and Manny Illana, who shared
their own work experiences and gave advice on how to succeed in their respective fields.
As part of their ALP internship, student associates were asked to submit a thesis and present to the
management committee their ideas on how the Ayala Land subsidiary can improve sales and serve clients
better. The internship program ended with a mini-graduation at Greenbelt 3 MyCinema.
Lingap Eskwela reaches Angono, Rizal
Angono National High School (ANHS), home to more than 6,100 students and employees, is the latest
beneficiary of Manila Water’s Lingap Eskwela project. Lingap Eskwela is part of the company’s Adopta-School program, which aims to improve the water supply and sanitation systems of schools within
the East Zone, as well as install drinking fountains and wash areas in the same schools. Manila Water
has intensified its Lingap Eskwela program to help prevent the spread of A(H1N1) virus in various
schools and communities. Posters showing the right way to wash hands were also distributed during a
simple turnover ceremony.
(From left) Globe business head Gil Genio, Fujitsu Philippines executive
vice president Raul Santiago III, Underground Technologies president
Danni Mea, Globe CFO Delfin Gonzalez, Spectrum Graphix vice president
Marian Sycip, Acro Industrial president Manny Jimenez, Soon Poh
Technologies general manager Rommel Ramos, Oracle Philippines
managing director Ryan Guadalquiver, Oracle Philippines’ Ramil
Magistrado, and Globe president and CEO Ernest Cu at Globe’s 6th
Annual Business Partners’ Meeting
HRMall’s BPI HR project a success
HRMall successfully installed and uploaded its HR Project phase 1 for
the Bank of the Philippine Islands. HRMall, in cooperation with the BPI
project team and Ayala Systems Technology Inc., designed, configured,
tested, and deployed HR applications that will help BPI manage and
monitor employee leaves, attendance, and benefits as well as loan
management applications.
Also in HRMall’s deployment lineup for BPI are the payroll, Enterprise
Learning Management (eLearning), and Nakisa Organization Chart
applications. These applications are provided by Oracle subsidiary
PeopleSoft Inc. They are all web-based and have manager and
employee self-service functionalities.
In photo are (from left) Barangay Kalayaan
chair Rodolfo Gabriles, Manila Water Angono
area business manager Marvin Panday, Manila
Water Rizal cluster head Linda Quines, a guest,
Angono mayor Aurora Villamayor, and ANHS
principal Cynthia Cruz
Aside from implementing PeopleSoft modules, HRMall will be
processing the payroll of BPI employees and answering employee
queries through its employee contact center. HRMall is also fully hosting
PeopleSoft applications using the Internet data center facilities of Globe
Telecom and is responsible for future software upgrades, maintenance
of servers, and provision of disaster recovery service, among others.
18
Alveo develops upscale
residential community
in Pasig City
AyalaTBI to help digitize
Philippine legislation
Starting May this year and for the next 10 months, Ayala
Foundation, through the Ayala Technology Business Incubator
(AyalaTBI), will collaborate with the Vice Mayors League of the
Philippines (VMLP) and the Philippine League of Secretaries to
the Sanggunian to jointly promote e-LEGIS and the benefits of
digitizing legislation throughout the country.
Ametta Place,
Alveo Land’s first
development site in
Pasig City, combines
modern and
sustainable features
in one upscale
community
Ayala Land Inc.’s wholly-owned subsidiary Alveo Land recently launched a new
development called Ametta Place, a boutique residential community in Pasig City.
The development site, touted as a unique, modern yet warm and upscale residential
community, is close to the business districts of Makati, Bonifacio Global City, and Ortigas.
In its first foray in Pasig City, Alveo Land brings in the same expertise that has turned its
other projects, like Two Serendra and The Columns in Ayala Avenue, into top benchmarks
in “in-city” residential development. Ametta Place is a pedestrian-oriented community with
open, green spaces and amenities that will encourage family bonding and community
interaction. The houses are built using sustainable components and designs such as
cross-ventilation and waste-segregation systems.
Through Ametta Place, Alveo Land envisions a blend of city convenience and proximity
to important places with the basic values and ideals of residential living. “Backed by our
understanding of the industry, change and redevelopment will always be present as we
continuously push ourselves to improve residential options to reflect all the comforts of
a highly-networked location, top amenities, and a well-rounded community,” Alveo Land
division manager for project development Rufino Gutierrez said.
e-LEGIS is an online reference system for local legislation
generated from all municipalities and cities in the country since
1992. AyalaTBI developed this system in partnership with VMLP
and the Vice Governors Association of the Philippines. e-LEGIS
trains employees of local government units (LGUs) to scan their
ordinances and resolutions, convert them into portable document
format (pdf) files, and upload them on the web through a centrallyhosted data center initially managed by AFI.
e-LEGIS project manager
Romulo Valientes Jr. delivers
a briefing on eLEGIS before a
joint assembly of Cebu-based
print, television, and radio
reporters at the Waterfront
Hotel in Lahug, Cebu
VMLP and AFI plan to invite representatives from 145 LGUs of
major provinces and highly-urbanized cities to Cebu for a series of
weekly three-day gatherings until March 2010 for their continuing
legislative education. They will be joined by their sanggunian
secretaries and information technology point persons for this
series of sessions. Aside from e-LEGIS training, participants will
also be taught legislative processes from bill tracking to ordinance
codification.
Upon the completion of e-LEGIS, the Philippines will be the first country in Southeast Asia to have an
online legislative database that houses all enacted legislation from all its LGUs. The project managers
expect the platform to initially contain about 2.3 million pages of documents, which will increase every
year as new legislation is created.
e-LEGIS hopes to promote more effective and efficient legislation. With all local statutes and
ordinances made available online, lawmakers will find it easier to draft legislation since examples and
patterns will be easily accessible. e-Legis is expected to promote more active collaboration among
LGUs since it is now possible to identify, track, and ultimately share best community practices.
ALI and MJCI launch Vertex One
Isuzu dealers top
service skill Olympics
ALI president Antonino
Aquino welcomes Manila
mayor Alfredo Lim as ALI
chairman Fernando Zobel
de Ayala and guests look on
Technicians and service advisors of Isuzu Automotive Dealership Inc. (IADI)
dominated the winners’ group for the fourth straight year at the 4th Isuzu
Service Skills Olympics (ISSO) held on June 27 at the Isuzu Philippines plant
in Laguna Technopark.
IADI service advisers bested other participants and dominated the service
advisers category. Ruel Canilang of Isuzu Pasig bagged the championship
trophy while Jave Sta. Teresa of Isuzu Cavite and Bon Ian San Pedro of Isuzu
Alabang won first and second runner-up, respectively. Four IADI teams,
composed of two participants each, qualified for the final round in the technician
category. Darell Ausejo and Erwin Agno of Isuzu Pasig emerged as the
champions while Ramil Taylon and Joseph Clarito of Isuzu Cavite won second
runner-up.
Fourth Isuzu Service
Skills Olympics
winners with IADI
general manager
Rene Paningbatan
(right), Ayala
Automotive Holdings
president Rufino Luis
Manotok (left), and
IADI officers
Vertex One, a joint development project of Ayala Land Inc. and the Manila Jockey Club Inc. (MJCI),
was formally inaugurated last May 29. Vertex One is a 14-story building for business process
outsourcing (BPO) operations located in Santa Cruz, Manila.
The inauguration was attended by representatives of the Manila local government led by Mayor
Alfredo Lim, MJCI chairman and CEO Alfonso Reyno Jr., MJCI executive vice president and chief
operating officer Alfonso Reyno III, ALI chairman Fernando Zobel de Ayala, ALI president Antonino
Aquino, Ayala Land Businesscapes group head Marivic Añonuevo, residential business group
head Bobby Dy, and Vertex One tenants.
Located at the MJCI-Ayala Land Corporate Center office complex, Vertex One is part of the
redevelopment plan of the former San Lazaro Hippodrome. The partnership between ALI and
MJCI aims to draw BPO companies expanding beyond key business districts in Metro Manila. The
building can house about 7,000 employees and is designed for 24-hour business operations. It
has 100 percent backup power and a centralized chilled water system for air-conditioning.
Before the start of the inaugural program, Convergys Philippines director for business
development Jomari Mercado took the guests for a short tour of the building. The event began
with an invocation led by Rhina Palma Cruz from the Centro Escolar University College of Music;
the national anthem was sung by Vocal Octet Manila. The program proceeded with the opening
remarks of ALI president Antonino Aquino, followed by a message from Alfonso Reyno III. Mayor
Lim also gave a short speech promising the local government’s support in ensuring the success
of the joint venture.
Ayala Museum presents Romulo Olazo:
A 40-Year Retrospective
Ayala Museum unveiled the works of neo-realist Romulo
Olazo in Romulo Olazo: A 40-Year Retrospective, which
opened on July 28 at the museum’s ground floor gallery and
the third-floor Luna and Amorsolo rooms.
The Diorama Experience audio guides
narrate important events in Philippine
history and offer a new way to view
Ayala Museum’s dioramas
(From left) Fernando Zobel de Ayala, Catawamteak Fund’s
Joseph Higdon, and Jaime Augusto Zobel de Ayala
Ayala senior
managing director
Gerardo Ablaza Jr.
Baguio
Watercolor 1981
AFI launches The Diorama
Experience audio guides
Ayala Museum recently introduced audio guides to enhance its
Diorama Experience. Each audio guide has narrations explaining
or dramatizing events as depicted in the dioramas. With an original
musical score by Juan de Guzman and narration by broadcaster Mari
Kaimo and featuring the voices of Jaime Fabregas, Roy Alvarez, Yan
Yuzon, and Paolo Fabregas, visitors can re-live important milestones in
Philippine history as they go through the 60 handcrafted dioramas that
form the core of Ayala Museum’s historical collections. The exhibition
culminates with a multimedia presentation of the events that led to the
first EDSA People Power Revolution in 1986.
Conceptualized by National Artist for Historical Literature and first Ayala Museum
director Carlos Quirino, the dioramas were handcrafted by artisans from the town of
Paete in Laguna. The selection of events and the composition of each diorama were
the result of rigorous historical research.
The acquisition of the audio guides was made possible through the generous support
of the Catawamteak Fund. Fees for the use of the audio guides are P100 for adults
and P50 for students and senior citizens.
The show features
several paintings
from Olazo’s
Diaphanous series.
The series consists of
large paintings based
on a printmaking
technique which
Olazo developed.
The paintings are
usually in black and
white or in restrained
monochromatic hues.
The exhibition showcases
Olazo’s major works in the
past 40 years and reveals
his artistic development—as
seen through variations and
permutations of images and
techniques in paintings,
drawings, and prints—over
the last four decades.
Ramon Olazo (center) is joined by sculptor Ramon Orlina,
Silvana Diaz, and artists Juvenal Sanso and Betsy Westerndorp
Olazo staged his
first one-man show
in 1974 at the Small
Gallery of the Cultural Center of the Philippines. He participated in various
international exhibitions, including the Sao Paolo Biennale, the 11th
International Biennial Exhibit of Prints in Tokyo, and the second Indian
Triennale in India.
Romulo Olazo: A 40-Year Retrospective will run until September 13, 2009.
Untitled #145
Acrylic on wood, 1986
Twenty 5th grade students from Makati
Elementary School get to re-live
milestones in Philippine history through
the audio guides and the dioramas
AFI employees revisit
Philippine history through the
new audio guides
(From left) John Valenzuela, Roberto Abastillas, Oscar Hilado, Mary Lou Hilado,
Romulo Olazo, Pat Olazo, and Ayala Museum director Maritoni Ortigas
20
Third Ayala Group ICT Summit
focuses on strategic role of
technology in business
EVENTS
Events@FHL
Digital 101: Photography and the Computer
September 9, 11, 14, 16, and 18 and October 10 and 17
6 p.m.– 9 p.m.
FUN SHOOT SERIES | Photographing Nature
September 26 and October 24
8 a.m. – 6 p.m.
ALI president Antonino Aquino
speaks at the ICT Summit’s
CEO Panel
Lighting for Portrait Photography
September 12 and 19
9 a.m. – 5 p.m.
City Fiction Writing Workshop
September 8
6 p.m. – 9 p.m.
September 12 8 a.m. – 5 p.m.
September 17 6 p.m. – 9 p.m.
Information and communications technology (ICT) teams in the Ayala
group of companies are increasingly playing a strategic role in helping
businesses serve customers better, reduce costs, and enhance organizational
productivity. This was the assessment of the conglomerates’ chief information
officers (CIOs) at the 3rd Ayala Group ICT Summit held on August 28 at the
Edsa Shangri-La Hotel.
Advanced Memoir Writing Workshop
September 25
6 p.m. – 9 p.m.
October 2 and October 5 6 p.m. – 9 p.m.
Baguio Travel Writing Workshop and Tour
September 25, 26, and 27, 2009
For more details,
please call 892-1801, send an SMS to
0917 559 4417 and 0917 561 2413, or
e-mail cruz.ct@ayalafoundation.org and
cayton.gm@ayalafoundation.org, or visit
filipinaslibrary.org.ph
Organized by the Ayala Group CIO Forum, the summit is an annual event designed to bring
together ICT practitioners and business end-users in the Ayala group to learn about emerging
trends, developments, and opportunities in ICT. With the theme Beyond 2009: Shifting Into High
Gear, the event was attended by over 900 employees and representatives from 36 technology
partners, including major sponsors IBM, SAP, EMC, Trend Micro, and MDi.
At the opening plenary, Jaime Ayala, senior managing director of Ayala Corporation, affirmed that
ICT is central to smooth operations and can be a critical enabler for customer differentiation and
business success. He noted three key strategies to leverage ICT for business performance: focus
on helping the business win, organize for success, and harness ICT for sustainability.
Forty-two breakout sessions led by speakers from technology partners provided updates on
diverse topics of interest including security, networking, productivity tools, applications, and other
technology innovations. An exhibit area presented the latest ICT products and allowed participants
to network with industry peers.
 
“Our ICT practitioners and end-users have a greater appreciation for the significant impact that
ICT can have in helping our businesses win; while our sponsors and partners walked away with
a better understanding of our needs and how they can help us achieve our strategic objectives,”
Ayala CIO Ma. Angelica Rapadas said.
Events@Ayala Museum
The event ended with a panel discussion of Ayala group chief executives, namely, Antonino
Aquino of Ayala Land, Rene Almendras of Manila Water, Arthur Tan of Integrated Microelectronics,
and Alfredo Ayala of LiveIt Investments. The discussion, moderated by Rapadas and Globe CIO
Greg Romero, focused on the challenges ahead, how ICT departments can deliver more value,
and the need to articulate a compelling and aligned business case for future ICT projects.
Erratum
In the story “Ueda is new BPI/MS president,” which appeared in our May-June 2009 issue, MS was
unintentionally spelled out as Mitsubishi Sumitomo instead of Mitsui Sumitomo. We apologize for
the error.
Fernando Zobel in the 1950s:
The Formative Years
Ongoing until January 17, 2010
Third floor galleries
Ring of Fire
September 21 to October 4
Sixteen Filipino and 10 other Southeast
Asian potters participate in the exhibit,
which features 64 works that celebrate the
region’s art and craft of pottery.
For more information, please call 757 7117
to 21, e-mail education@ayala museum.org
or visit ayalamuseum.org
The Editorial Team
Publisher Victoria Garchitorena
Editor-in-Chief Maritoni Ortigas
Editorial Consultant Emi de Lara
Managing Editor Alex Gregorio
Deputy Managing Editor Rose Raguindin
Assistant Editor Janella Cacdac-Siena
Graphic Designer Izza Lambino
Advertising Manager Ciela Cayton
Advertising Assistant Anne Marie Alim
Photographer Jaime Martinez
Digital imagist Jose Reginald Juanico
Correspondents
Ayala Aviation Jaime Peralta Jr.
Ayala Business Club Carole Guamen
Ayala Corporation Janella Cacdac-Siena
Ayala Foundation, Inc. Paul de Guzman
Ayala Land, Inc. Jorge Miguel T. Marco
Ayala Property Management Corp. Christine Lim-Siruelo
Ayala Systems Technology, Inc. Genesis Bautista
Bank of the Philippine Islands Reena Dungca
Globe Telecom Marigold Endriga
Honda Cars Makati, Inc. Monina Macavinta
HRMall, Inc. Gabby Mejia
Integrated Microelectronics, Inc. Fred Blancas
Isuzu Automotive Dealership, Inc. Monette Gaela
Manila Water Company Carla May Beriña-Kim
Timezone Ana Cardenas-Benitez
Editorial Office
Filipinas Heritage Library
Makati Avenue, Ayala Triangle
Makati City 1224, Philippines
Telephone (632) 892-1801 local 14
Facsimile (632) 892-1810
Email AyalaNow@filipinaslibrary.org.ph
URL www.ayala.com.ph/ayalanow

Ayala Now July-August 2009 Edition

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