Ayala Land Inc. (ALI) has appointed Jose Eduardo A. Quimpo II as its new chief financial officer (CFO) and treasurer, effective August 19, marking a key leadership transition with corporate and commercial implications for the real estate giant.
Quimpo, former president and CEO of AREIT Inc., succeeds Augusto D. Bengzon, who served as ALI CFO for eight years and spent 21 years with the company. Bengzon played a pivotal role in strengthening ALI’s capital position and expanding its diversified real estate portfolio. He will continue to hold key leadership roles within the Ayala Land group, including directorships in AyalaLand Logistics Holdings Corp. and Avaland Berhad.
The appointment underscores ALI’s focus on reinforcing financial leadership and sustaining growth momentum. “This transition reflects ALI’s deliberate succession strategy—strengthening its financial leadership bench, reinforcing market stability, and positioning the company to build on its growth momentum,” the company said in a statement.
Quimpo brings extensive experience in corporate finance, capital markets, and risk management, with prior leadership roles at BDO Unibank and BPI, as well as within ALI where he served as CFO of its leasing and hospitality group, chief risk officer, and head of corporate finance, strategy, and investor relations.
Following Quimpo’s departure from AREIT, Ayala Corp. CFO Alberto M. de Larrazabal has taken over as president and CEO of AREIT. De Larrazabal is expected to step down from his Ayala Corp. role by year-end.
As CFO, Quimpo is tasked with leading Ayala Land’s financial strategy, capital markets engagement, risk oversight, and investor relations—key areas as the company continues to pursue disciplined financial execution and sustainable growth across its diverse real estate platform.
