MANILA, Philippines — A major leadership change is underway at Globe Telecom Inc., one of the Philippines' leading telecommunications companies. Jaime Augusto Zobel de Ayala, often referred to as "Jaza," has officially stepped down from his role as Chairman of the Board after nearly three decades at the helm.
During an organizational meeting held on April 21, 2026, immediately following the company's annual stockholders' meeting, the board elected Cezar "Bong" Consing as the new Chairman. Consing is a seasoned veteran of the Ayala Group, the conglomerate that holds a significant stake in Globe.
"Globe would not be the institution it is today without Jaza's vision and belief in what Globe could achieve," the company stated in a formal disclosure.
The company credited Zobel as the "principal architect" of its transformation from a traditional cable company into the nation's first digital telecommunications provider and a dominant mobile network operator. He first joined the Globe board in 1989 and assumed the chairmanship in 1996.
While the official statement did not specify Zobel's reasons for stepping down, it confirmed he will maintain a connection to the company. He will continue to be involved through Asiacom Philippines Inc., a key joint venture between Ayala Corp. and Singapore Telecommunications Ltd., a major shareholder in Globe.
This transition marks the end of a significant era for the telco giant and ushers in a new chapter under Consing's leadership, as the company navigates the evolving digital landscape.