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MANILA -Billionaire Fernando Zobel de Ayala returned to Bank of the Philippine Islands (BPI) as board director, replacing Romeo Bernardo who recently joined the Monetary Board.
Source: https://business.inquirer.net/422309/fernando-zobel-back-as-bpi-board-director
The Zobel family’s Ayala Land Inc. firmed up details for a P19-billion bond sale that will be launched this week.
Source: https://business.inquirer.net/404934/ayala-land-to-borrow-p19b-via-bond-issue
This began the turnover of the land from one owner to another until the Zobel de Ayala-Roxas family began its modern development during the latter part of the 19th Century.