Ayala Land
Indeed, the year 2020 was unlike any other. When our country went into enhanced community quarantine (ECQ) on March 17, 2020, overnight, majority of our businesses were forced to scale back operations. We quickly shifted our mindset from one of growth – a plan we have been executing since the aftermath of the 2008 Global Financial Crisis – to one of stability, strength, and solidarity.”
Bernard Vincent O. Dy
President and CEO, Ayala Land Inc.
Bank of the Philippine Islands
In October 2020, the prestigious international financial publication Euromoney, named BPI as the “Best Bank in the Philippines”, citing the bank’s multi-year digital transformation journey and the success of our investment banking unit. Euromoney ran a quote that “BPI is a port in a storm—and right now, we are in a storm.” Indeed, ours is a bank built to withstand crises. We had a good year in what was a very bad year.”
Cezar P. Consing
President and CEO, Bank of the Philippine Islands
Globe Telecom
2020 was an unprecedented year of challenges for the business as we faced economic headwinds stemming from a global pandemic. During this turbulent time, Globe remains resilient, reinventing the customer experience to provide best-in-class service. Guided by our purpose and vision, we remain steadfast in our efforts to drive economic recovery and rebuild the nation.”
Ernest Lawrence L. Cu
President and CEO, Globe Telecom
AC Energy
The events of the past year emphasized the urgent need for sustainable development. Across the globe, renewable energy is now seen as the main driver of the green-led recovery, and sustainability has increasingly become a top priority for top companies. The demand for renewable energy continues to accelerate, and we view this as a significant opportunity as AC Energy scales up its renewables business in the Philippines and around the region.”
John Eric T. Francia
AC Energy President and CEO
Manila Water
Amidst the COVID-19 pandemic, Manila Water remains steadfast in ensuring the sustainable provision of water and wastewater services to its customers. We are grateful to the entire Manila Water team whose commitment to our service mission remained strong despite the challenges of the ongoing health crisis.”
Jose Rene Gregory D. Almendras
CEO, Manila Water
AC Industrials
COVID-19 weighed on AC Industrials in 2020, as it did with many other participants in the global, interconnected economy. While we expect the effects of the pandemic to persist into 2021, we are confident that our efforts over the last year to strengthen our businesses’ fundamentals have fortified them against uncertainty in the medium-term while preparing them to capitalize on post-pandemic recovery and transformation.”
Arthur R. Tan
Group President and CEO, AC Industrials
AC Infrastructure
We find that there remain opportunities for growth and expansion despite the challenges confronting us. The circumstances we all faced in 2020 bolstered our conviction in investing in the logistics sector which we started in 2018. Logistics, more than ever, is a critical component of trade, particularly with the acceleration of e-commerce. We are very excited to continue to support this industry and find ways to improve and redefine practices with the use of new technology and best practices.”
Jose Rene Gregory D. Almendras
President and CEO, AC Infrastructure
AC Health
Amidst a challenging year, we remain positive about the recovery and transformation of healthcare. The pandemic highlighted the importance of AC Health’s ecosystem approach and emphasized the need for collaboration between government, private sector, and communities towards our vision of improving healthcare. In this path towards recovery, we reaffirm our commitment in helping build the new normal in healthcare for Filipinos while leveraging the strength of our network, our partners, and most importantly, our people.”
Paolo Maximo F. Borromeo
President and CEO, AC Health
iPeople
Despite the many daunting challenges brought about by the pandemic, our member schools successfully shifted to distance learning and transformed their operations in order for their services to be provided beyond the school campus. We continue to commit to delivering quality and accessible education to as many as possible, regardless of the challenges the country faces.
National Teachers College’s Graduate School Distance Education fully online program has demonstrated significant impact, with 98% of its learners reporting high learning efficacy and real world relevance.”
Alfredo I. Ayala
COO, iPeople, Inc.
AC Ventures
2020 was a year filled with uncertainty for much of the country and the rest of the world. In 2020, we remained steadfast in our efforts on helping develop our tech businesses. Furthermore, we have pushed our e-commerce and fintech ventures to grow in terms of market share, optimize operations and manage costs, especially in light of the pandemic.”
Jose Teodoro K. Limcaoco
President and CEO, AC Ventures