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An embodiment of the modern CFO

Business World Philippines

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December 09, 2025

Ayala's Alberto De Larrazabal hailed as 19th ING-FINEX CFO of the Year

- By Jomarc Angelo M. Corpuz Special Features and Content Writer

An embodiment of the modern CFO

L-R: Simoun Ung, President & CEO, OmniPay Inc.; Edmund Alan Qua Hiansen, CFO, PHINMA Corp.; Alberto De Larrazabal, CFO, Ayala Corp; Atty. Francis Lim, Chairman, Securities and Exchange Commission; and Jun Palanca, Managing Director-Country Manager, ING Bank NV L to R: Augusto Bengzon, Chairman, FINEX Foundation; Anabelle Chua, Former CFO, PLDT Inc.; Sherisa Nuesa, Board Director, Manila Water Company; Alberto De Larrazabal, CFO, Ayala Corp; Myleen Kaliban, CFO, Robinsons Retail Holdings, Inc.; Delfin Gonzalez, President, 231 San Jose Holdings Corp.; and Jose Jerome Pascual, Advisory Council Member, Prime Energy Resource Development BV Alberto De Larrazabal, CFO, Ayala Corp. (left) and Jaime Augusto Zobel de Ayala, Chairman, Ayala Corp. (right) L to R: John Balce, Senior Managing Director, FTI Consulting Philippines Inc.; Mharicar Castillo-Reyes, President and CEO, Adticom Technologies Inc.; Wilson Tan, Chairman, SGV & Co.; Gema Cheng, EVP, COD and CFO, House of Investments Inc.; Sherisa Nuesa, Board Director, Manila Water Company; Antonio Ramon Ongsiako, President and CEO, PowerNet Systems Inc.; Edmund Alan Qua Hiansen, CFO, PHINMA Corp.; Alberto De Larrazabal, CFO, Ayala Corp.; Ma. Mignon Ramos, Managing Director and Principal Consultant, Roadmaps + Beyond Inc.; Carlo Enrico Lazala, President and CEO, DES Financing Corp.; Editha Estacio, Partner, SGV & Co.; Stephanie Zulueta, President, PDS Group of Companies; Jose Jerome Pascual, Advisory Council Member, Prime Energy Resource Development BV; and Jose Luis Gomez, Chairman, RCBC Securities Inc. Alberto De Larrazabal with ING Group (L-R): Reuben Estrada, Dawn Untal, Angelica Bautista, Trish Ramos, Mallie Daguiso, Joel Felipe, Lenin Duenas, Alberto De Larrazabal, Jun Palanca, Wing Bayoneta, Cedric Reyes, Diana Cue, Jenny Lopez and Anna Confiado

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The Bistro Group, going loca(l)

THE RETURN of Krazy Garlik under The Bistro Group's portfolio signifies Bistro's respect for local culture and its motivation to do more in the local scene (as opposed to their forte, bringing in international franchises).

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Peso edges up before Fed, BSP decisions

THE PESO inched up against the dollar on Wednesday as investors await the policy decisions of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

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Recycling as trade defense

Starting August 2026, Philippine brands that export food, cosmetics, electronics, and other goods to Europe must meet new standards on recyclability, labeling, and empty space. Failure to comply can create new barriers to entry.

time to read

5 mins

December 11, 2025

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BSP, SEC ink deal on PERA data sharing

THE BANGKO SENTRAL ng Pilipinas (BSP) has signed a memorandum of agreement (MoA) with the Securities and Exchange Commission (SEC) to exchange and manage information on Personal Equity and Retirement Account (PERA) contributors.

time to read

1 mins

December 11, 2025

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Gold rises; silver hits $60/oz milestone

GOLD GAINED on Tuesday as traders remained optimistic ahead of the US Federal Reserve's interest rate decision, while silver rose to hit an unprecedented $60 per ounce (oz) milestone amid supply constraints.

time to read

1 mins

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ADB approves $400-million loan to improve ease of doing business in the Philippines

THE ASIAN Development Bank (ADB) has approved a $400-million policy-based loan to support the Philippine government's efforts to improve the ease of doing business in the country.

time to read

2 mins

December 11, 2025

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US stocks end slightly lower as investors await Fed rate decision

THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the US Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the heaviest drag on the benchmark index after the biggest US bank warned of hefty expenses for 2026.

time to read

2 mins

December 11, 2025

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Soybean futures extend slide; corn climbs after USDA data

US soybean futures hit their lowest in more than a month on Tuesday, pressured by uncertainty about Chinese demand for US supplies as well as expectations of large South American harvests, analysts said.

time to read

1 mins

December 11, 2025

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ADB says PHL still likely to post second-fastest growth in Southeast Asia

THE ASIAN Development Bank (ADB) slashed its growth forecasts for the Philippines for this year and 2026 but it is still expected to be the second-fastest growing economy in Southeast Asia.

time to read

3 mins

December 11, 2025

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Unemployment rate rises to 5%, highest in 3 months

THE NUMBER of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by 460,000, the Philippine Statistics Authority (PSA) reported on Wednesday, underscoring persistent vulnerabilities in the labor market despite headline job gains.

time to read

3 mins

December 11, 2025

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