Okay, the replacement of Francisco Licuanan III as president is Jimmy Ayala, the current head honcho of Mckinseys Philippine operations. Mr. Ayala will be coming on board next year.
Despite the name, Mr. Ayala is not related to ALI chairman Fernando Zobel de Ayala. Mr. Ayala is, however, close to Fernando and his brother, Jaime Augusto Zobel de Ayala II, because theyre all ga-ga about the role of IT in a globalized economy.
Besides, Mr. Ayala also fits in the kind of senior managers the Zobel de Ayala brothers are most comfortable with still in their forties but with global working experience and proudly Filipino.
Mr. Go keeps busy as honorary consul of Senegal, which mainly entails granting visas to Filipino sailors.
Oh yes, he also speaks Filipino the way a Manileño speaks it, which is, of course, barely acceptable to Bulakeños such as his president and chief operating officer Leonardo Dayao.
When not busy going to school, Ms. Palanca spends 30 percent of her time with her business interests and the balance 30 percent in business advocacy.
For example, Ms. Palanca and her committee on tourism (under the umbrella of the Philippine Chamber of Commerce and Industry) has just piloted a "biztour" projected in Vigan and Laoag.
The idea here is to combine tourism with business matching opportunities between the entrepreneurs of these two Ilocos cities and entrepreneurs based in Metro Manila.
Also in the top three are tuna and prawns.
By the way, foreign-registered fishing vessels have been very blatant in docking at the ports of Davao and General Santos. Thats where they dump fish at prices that local fishermen cannot match.