Ayala Corp. announced the Executive Committee approved the appointment of Mr. Jose Teodoro K. Limcaoco as Chief Finance Officer (CFO) and Finance Group Head effective April 10, 2015, the scheduled date of the organizational meeting of Board. Nomination Committee has earlier endorsed the appointment.

Mr. Limcaoco will replace Mr. Delfin C. Gonzalez, Jr. who will complete his five year term as CFO and Finance Group Head. Mr. Gonzalez, 65 years old, agreed to become CFO and Finance Group Head after his retirement from company. Mr. Limcaoco, 52 years old, is currently the President of BPI Family Savings Bank.

His prior assignments within the Ayala Group include President of BPI Capital Corporation from 2007 to 2010. He was Officer-in-Charge for Ayala Life Assurance Inc. and Ayala Plans Inc., Trustee and Treasurer of Ayala Foundation Inc., President of myAyala.com, and CFO of Azalea Technology Investments Inc.