Cezar Consing had hoped to enjoy retirement. He had stepped down from running BPI, Southeast Asia’s oldest bank, and spent a year and a half playing golf and traveling.
That changed when Ayala Corporation’s chair, Jaime Augusto Zobel de Ayala, called him. The company’s then-CEO and the chair’s younger brother, Fernando Zobel de Ayala, was resigning for health reasons, and the company needed a replacement.
