Rizal Philippines
March 30, 2017
The Department of Economics Finance and Accounting held last March 28, 2017 a forum of chief financial officers on what to focus in 2017. This was held at the Auditorium Basement 1 of Ateneo Professional School. The CFO who were present were Francis H. Suarez Jr, EVP, Jose Teodoro K. Limcaoco, CFO of Ayala group, and the moderator, Ana Bess G. Pingol, the moderators and also CFO of Federal Land, SM Land Rockwell Land, Deputy CFO of Metro Pacific Investment Corporation.
What were the views of the CFO?
Both are conglomerates: both have organic growth from core businesses, but Ayala is one of the oldest, and GT an investment arm of George Ty, the controlling stockholder of Metro Bank is the youngest, and only 5 years old.
The discussion were mostly from strategic point of view, rather from financial point of view.