JAZA son to helm AC Motors
Jaime Alfonso Zobel de Ayala is set to lead AC Motors.
KEY TAKEAWAYS
What brands are under AC Motors
AC Motors is in charge of the distribution of Husqvarna, KTM, Kia, Maxus, and Volkswagen in the Philippines. It also has stakes in Honda and Isuzu’s local arm.What positions will the young Ayala vacate for his new post?
Effective last August 1, the son of Jaime Zobel de Ayala resigned from his post as the Ayala Corporation’s co-head of corporate strategy group, head of business development and digital ventures, and member of the corporation’s management committee.Based on the Philippine Stock Exchange disclosure dated August 1, the son of Jaime Zobel de Ayala "is seconded to AC Industrials Technology Holdings” to head the company’s automobile arm.
To note, AC Motors is under AC Industrials umbrella that handles the distribution of Husqvarna, KTM, Kia, Maxus, and Volkswagen in the Philippines. It also has stakes in Honda and Isuzu’s local arm.
The disclosure shared that the young Ayala resigned from his post as the Ayala Corporation’s co-head of corporate strategy group, head of business development and digital ventures, and member of the corporation’s management committee effective last August 1. The aforementioned role will be taken by Mark Robert Uy.
Relatedly, AC Motors is also set to make a big announcement within the week following that is geared towards its thrust on electrified mobility.
Photos from Jaime Alfonso Zobel de Ayala’s Linkedin page
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