Conglomerate Ayala Corp. on Thursday announced a leadership change and succession plan with the appointment of a new chief finance officer.
Juan Carlos Syquia, the executive vice president and head of institutional banking of Bank of the Philippine Islands (BPI), was appointed as the conglomerate’s deputy chief financial officer (CFO) effective May 1, 2025.
Syquia will then succeed Ayala CFO Alberto de Larrazabal on Jan. 1, 2026 after the latter’s retirement.
“We are pleased to have John-C join us at Ayala Corp.. His extensive banking experience, strong financial acumen, and proven leadership give us great confidence that Ayala’s financial leadership will remain in very capable hands,” said Consing.
Syquia holds an MBA in Finance and International Business from Fordham University, New York, graduating with honors, and a Bachelor’s degree in Management Economics from the Ateneo de Manila University.
Syquia held leadership roles at ING and Standard Chartered in strategy and business development, and running corporate finance and relationship management businesses prior to joining BPI in 2016.
“I am very honored to join Ayala Corp. I look forward to working closely with Albert and the rest of the senior leadership team to drive Ayala’s pursuit of growth, innovation and nation-building,” said Syquia.
Ayala is the country’s oldest conglomerate which has interests in property development, banking, telecommunications, energy, healthcare, water and manufacturing.
