JAIME AUGUSTO AND FERNANDO ZOBEL DE AYALA

Chairman and president of Ayala Corporation

Ayala Corporation, led by brothers Jaime Augusto and Fernando Zobel de Ayala, allocated a PHP2.4 billion response package for employees and businesses that are part of its ecosystem. It comprises income support for its workers and rent relief for its mall tenants during the lockdown period of the Philippine island of Luzon. Through its foundation, Ayala also distributed N95 masks to key hospitals and health institutions in Metro Manila, as well as to its partner institutions outside the city.