AREIT names Alberto de Larrazabal as new president

AREIT Inc., the country’s first listed real estate investment trust, has appointed Ayala Corp. chief financial officer Alberto M. de Larrazabal as its new president effective August 13, 2025.

De Larrazabal takes over from Jose Eduardo Quimpo II, who led the REIT through an expansion phase that grew its assets under management from %u20B187 billion to a projected %u20B1138 billion.

The leadership change is part of Ayala Corp.’s broader succession plan, which also introduced Juan Carlos Syquia as deputy CFO. Syquia will serve alongside de Larrazabal until the latter’s planned retirement in January 2026.

De Larrazabal brings decades of experience in corporate finance, mergers and acquisitions, and investor relations, with past leadership roles at Globe Telecom, San Miguel Corp., and JP Morgan Hong Kong.

“We are delighted to welcome Albert as president and CEO of AREIT. His strategic insights, financial expertise, and deep understanding of the markets and our ecosystem makes him the ideal leader to continue to drive the execution of AREIT’s growth and diversification plans,” said AREIT chair Meean B. Dy.

During Quimpo’s leadership, AREIT completed a %u20B121-billion asset infusion and maintained its position as a market leader in sustainable commercial leasing.

This succession underscores AREIT’s commitment to governance, leadership continuity, and long-term growth in the real estate investment trust sector.