Ayala named best managed company

MANILA, Philippines - FinanceAsia, Asia’s leading financial publication, has named Ayala Corp. as the Best Managed Company in the Philippines in its 15th annual survey of top public companies in the region.

This is the second consecutive year that Ayala earned the top ranking among Philippine companies. Ayala was also named Best for Corporate Governance in the Philippines for the fourth straight year and ranked second in Investor Relations.

Other listed companies in the Ayala group also figured prominently in the survey. Ayala Land and Globe were also among the country’s best managed companies. Notably, Ayala Land topped the investor relations category and was ranked second overall and for corporate governance.

Globe was named fourth best managed company and ranked fourth for investor relations and seventh for corporate governance. Ayala, Globe, Ayala Land, and Manila Water were cited among Philippine companies most committed to a good dividend policy.

The country’s best CEOs were Lance Gokongwei of Universal Robina Corporation (URC), Ernest Cu of Globe, and Napoleon Nazareno of PLDT.  The country’s best CFOs were Jaime Ysmael of Ayala Land, Alvin Lao of D&L Industries, and Delfin Gonzalez Jr. of Ayala.

Other companies that landed in the top 3 of the magazine’s “best managed” categories were URC, Metro Pacific Investments Corporation, and PLDT.

D&L Industries was named best mid-cap company and Concepcion Industrial Corporation led the small-cap category.

The 15th annual FinanceAsia poll, published online on March 19, received responses from over 250 portfolio managers and buy-side analysts worldwide who cover listed companies in Asia.