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The Zobel brothers, Alfred and Fernando, flew to Japan to mark 50 years of partnership between their company, Ayala Corporation, and Mitsubishi Corporation. The milestone was celebrated during a special ceremony held at the Mitsubishi Corporation headquarters in Tokyo. The two companies first collaborated in 1971, with Ayala investing in Mitsubishi’s Philippine operations. Over the years, their partnership has expanded to various sectors, including energy, infrastructure, and banking. The Zobel brothers, who are also members of the Ayala Corporation’s board of directors, were honored for their commitment to the partnership and their contributions to the growth and development of the Philippines. The ceremony was attended by high-ranking officials from both companies, including Mitsubishi’s CEO, Ken Okamoto, and Ayala Corporation’s CEO, Jaime Augusto Zobel de Ayala. The partnership has created thousands of jobs and has had a significant impact on the Philippine economy.

Source: https://bilyonaryo.com/2024/11/27/zobel-brothers-fly-to-japan-to-mark-50-years-with-mitsubishi/business/