Zobel joins group backed by Pope Francis in quest for ‘inclusive capitalism’

By Doris Dumlao-Abadilla.

Tycoon Jaime Augusto Zobel de Ayala has debuted in Vatican-led Council for Inclusive Capitalism, a select pool of leaders who have committed to create a more inclusive, sustainable, and trusted form of capitalism.

The country’s oldest conglomerate Ayala Corp., which Zobel chairs, is the first business group from the Philippines to be represented in the council, a “historic collaboration of chief executive officers (CEOs) and global leaders.”

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