Fernando Zobel

Is Fernando Zobel Sick? What Happened To President Of Ayala? Illness And Health Update

Is Fernando Zobel Sick? Viewers are curious about the President Of Ayala’s health after he stepped down from his position following the sick leave.

The descendant of the Zóbel de Ayala family, Fernando Zobel is a renowned businessman tycoon from the Philipines who served as the chief executive officer and president of Ayala Corporation.

Besides his position in Ayala Corporation, the business tycoon sits on the boards of various international and local business and socio-civic organizations.

Fernando received the Grand Commander rank in the Philippine Legion of Honor on June 29, 2010.

Besides Ayala Corporation, the business is chairman of Ayala Land, Inc., AC International Finance Ltd., Manila Water Company, Inc., Ayala International Pte Ltd., Ayala DBS Holdings, Inc., Alabang Commercial Corporation, AC Energy Holdings, Inc., and other Ayala holdings.

The president is also the director of the Bank of the Philippine Islands, Vesta Property Holdings Inc., Honda Cars Philippines, Globe Telecom, Integrated Micro-Electronics Inc., Inc., Pilipinas Shell Petroleum Corp., Manila Peninsula, and Isuzu Philippines Corporation.

Talking about his international career, he is chairman of Habitat for Humanity Asia-Pacific Capital Campaign Steering Committee and vice chairman of Habitat for Humanity International.

Is Fernando Zobel Sick?

Several speculations about Fernando Zobel’s Sickness surfaced after his brother revealed news of him leaving Ayala Corporation, creating a buzz on the internet.

The president recently announced his resignation from Ayala Corporation from his post to focus more on his recovery and health.

On September 12, 2022, the conglomerate resigned as vice chairman of the board, chief executive officer, and president.

Since April 2021Fernando has served as the conglomerate’s president since 2006 and as CEO.

Fernando Zobel de Ayala has resigned from his positions
Fernando Zobel de Ayala resigned from his position on Monday, September 12
Source: Asian

After his brother Jaime Augusto Zobel de Ayala, who remains chairman of the board, handed over his position. His brother is supportive of Fernando’s decision to take a leave for gaining to rebuild his strength.

Fernando is a member of the World Presidents’ Organization, INSEAD East Asia Council, The Asia Society, and the World Economic Forum, which holds the highest command in world commerce.

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What Happened To The President Of Ayala?

As soon as the news, the President Of Ayala’s stepped down from his post. The media addressed numerous headlines about his health issues.

According to sources, his resignation allows him to focus more on his recovery and health, the authorities said in a disclosure to the Philippine Stock Exchange.

In the absence of Fernando Zobel, Cezar Consing will continue to serve as Ayala Corporation’s acting president and CEO, who was selected when Zobel went on medical leave.

fernando bong ayala
Fernando Zobel steps down from Ayala Corp.’s top posts, and Cezar Consing takes over as president and CEO

Later, Delfin Lazaro will serve as vice chairman of Ayala Corporation’s executive committee on Sunday.

Ayala Corporation revealed the development to the Philippine Stock Exchange on Monday, adding him as a member of the conglomerate’s board. Still, he has stepped down as a member of its executive and finance committees.

According to sources, Ayala Corporation’s board will elect his replacement as director following the president’s resignation.

Fernando Zobel Illness And Health Update

The health of Fernando Zobel, President of the Ayala Conglomerate, has not been updated as of yet.

Before the announcement, the conglomerate had been on a medical leave of absence since August 15. Meanwhile, the actual reason and disease non cited in the media.

The president holds a Bachelor of Arts degree from Harvard College and a completed Certificate in International Management at INSEAD in France.

Fernando Zobel has tied the knot with Catherine Silverio, daughter of former PBA coach Dante Silverio and is proud parents of four kids.

In the local level,Fernando works as the trusted of several companies like,Pilipinas Shell Foundation, Caritas Manila,Kapit Bisig para sa Ilog Pasig Advisory Board,Caritas Manil nad National Museum of the Philippines.

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