JAZA elected to World Economic Forum body

By Doreen Yu Updated January 31, 2009 12:00 AM

Against a backdrop of massive job losses and failing businesses in most of the world’s economies, Ayala Corp. chairman and CEO Jaime Augusto Zobel de Ayala joined a distinguished list of resource persons in a panel that looked into “Restoring Growth through Social Business” at the ongoing World Economic Forum (WEF) in Davos-Klosters, Switzerland last Thursday.

Also on the panel were Nobel laureate and managing director of the Grameen Bank Muhammad Yunus; dean of the Lee Kuan Yew School of Public Policy of Singapore Kishore Mahbubani; chairman of KPMG International Timothy Flynn; chairman and CEO of Danone France Franck Riboud; and Christopher Elias, president of Program for Appropriate Technology in Health.

Zobel and his brother Fernando, vice chair of Ayala Corp. and chairman of Ayala Land Inc., are the only two Filipino businessmen attending the WEF, which gathered over 2,500 participants from 96 countries, including a record 41 heads of state or government, among them President Arroyo.

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