Aboitiz Equity Ventures

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Celebrating Recognition Night With A Kaleidoscope Of Achievements

The Aboitiz Recognition Night, one of the most anticipated events in the Aboitiz Group, pays homage to the dedicated service excellence, exceptional loyalty and hard work, and the invaluable contributions our A-People have accomplished each year. With this year’s theme of “Spectrum”, team members decked out in a band of colors, representing the different backgrounds, roles, personalities, interests, and points of view, yet finding meaning in the Group’s common purpose and our unique culture, the Aboitiz Way.

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Integrity And Purpose: Annacel Natividad, 2019 DRAAE Winner

For the past two decades, the Don Ramon Aboitiz Award of Excellence has symbolized the timeless Aboitiz values and ideals by honoring the Aboitiz team members who keep them alive. On its 21st year, the highest and most distinguished recognition for an Aboitiz team member or team leader goes to Annacel Natividad, AEV First Vice President & Chief Risk Officer.

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Coffee with EIA 2019: Coming full circle by “Driving a Culture of Values”

What do you get when you mix a cup of coffee with meaningful conversations? A fun and engaging get together we call Coffee with EIA. As one of the highly anticipated events of the year, the town hall event was an engaging opportunity for A-People as AEV President & CEO Erramon Aboitiz took the time to chat with and get team members’ thoughts and opinions on matters concerning the organization.

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Spreading Mental Health Awareness Among A-People

The topic of mental health has been gaining a lot of global attention in the past couple of years. With President Duterte recently signing the National Mental Health Policy into law, a lot of institutions and organizations have been reviewing health benefits and conducting awareness talks in order to help break the social stigma attached to the subject.

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Notes by EMA: A Few Simple Qualifications in Leadership

The Aboitiz Eyes team tells me that our readers have a great interest in leadership. That is good news because, at the end of the day, we have seen that people work for people, and not for companies. We would like them to be loyal to institutions and, of course, that is an educational and cultural goal, but they work for individuals — individuals they look up to, respect, learn from, are engaged by, motivated by, and have fun. “Fun” here being so much more binding of the above than too many realize.

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Functional Development Clusters Hold Recognition Day

Last August 16 marked the culmination of all the hard work put in by participants in the year-long learning journey as part of the Functional Development Cluster program. Functional Development Clusters were established in 2017 to prepare the Aboitiz Group’s collective pool of talents for future roles in the organization.

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Playing our way to disaster awareness in Batangas

KiDisaster 2019 is a collaborative CSR initiative among Aboitiz Equity Ventures, Republic Cement, Aboitiz Foundation, and WeatherPhilippines Foundation that sought to bring disaster awareness and resilience knowledge to students of San Jose Sico Elementary School in Batangas City, one fun-filled activity at a time!

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A Hero in Disguise: My Super A-Dad 2019

A father’s love can mold tiny dust into a bright star. A lot of us may wonder how fathers are able to bring their households to a better future, shouldering the weight that will create a wonderful path for loved ones. They have huge responsibilities at home and in the corporate world and may sometimes be in disguise of a person in a suit.

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AEV ends first half of 2019 with PHP9 billion net income

AEV ended the first half of 2019 with a net income of PHP9 billion, 11% lower than the PHP10.1 billion recorded last year. Without one-off gains, AEV’s core net income stood at PHP8.9 billion, 16% lower from PHP10.6 billion year-on-year (YoY). AEV recorded consolidated EBITDA of PHP26.5 billion during the first semester of 2019, a 5% decrease from the PHP28 billion recorded last year.

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Aboitiz Women’s Club: The Renaissance

The Aboitiz Women’s Club (AWC) was created to promote women empowerment across the Aboitiz Group. It aims to empower women by making them involved in various activities that would develop them, not just professionally but also in a deeply personal level, that will furthermore allow them to establish their network and strengthen relationships across the Group.

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A ‘Gold Quill’ for our Noble Bakers

The Aboitiz Group brought honor to the country as the company was recognized as among the world’s most outstanding organizations for its livelihood program empowering the country’s soldiers during the recently held 2019 IABC Gold Quill Awards held in Vancouver, Canada.

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Musik-A leads another ‘Overtime’ at Caf8

It was another successful event for Musik-A, the A-Club composed of music-loving, after raising a total amount of PHP80,120 from its annual CSR event called “Overtime: Music Night for a Cause Vol. II”, held last May 10 at the newly opened Caf8. Promoting the value of #Teamwork, the event was also joined by A-Career Mixers and the AP Band.

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Take a break the A-People way

Despite the demands of work that need to be accomplished from a day-to-day basis, our team leaders and team members from Aboitiz Equity Ventures (AEV) and Aboitiz Power definitely don’t forget to take a deep breath, relax, and have some fun. Now that’s what we call work and play!

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PARIMA Manila tackles evolving risks in gauging preparedness

Today’s risk practitioners are facing a new scope of risks with varied meanings in the way they impact operations. With the theme of ‘Redefining Risks’, the 2019 Pan-Asia Risk and Insurance Management Association (PARIMA) regional conference in Manila sought to understand these new challenges and posed this question: “Are risk professionals prepared?”

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Meet our Risk professionals newly certified by PARIMA

Risk Management practitioners from across the Aboitiz Group were officially recognized as Certified Risk Professionals at the PARIMA 2019 Manila Conference last May 22 held at Shangri-La at the Fort. The nine Aboitiz team members had taken and passed the rigorous two-hour exam for the PARIMA-ANZIIF Certified Risk Professional Certification Programme (PA-CRP).

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Ready to strike, A-Bowlers have arrived!

Taking-off from where the Avengers’ story has ended, ours has just begun! With the A-Club Program back on its second year, the A-Bowlers is one of the newest clubs that were recognized under the program. Guided by the A-People’s interest and passion in the sport of bowling, they were able to converge and form a new family outside their usual working parameters.

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Values-Driven Growth: AEV and AboitizPower ASM 2019

Aboitiz Equity Ventures, Inc. (AEV) has earmarked PHP81 billion in capital expenditures (capex) for 2019, a 65% increase from roughly PHP50 billion utilized in the previous year. The bulk of the fresh funding will be infused into power and infrastructure projects to sustain growth momentum over the long-term.

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Ensuring earthquake preparedness

This week, two earthquakes — within 48 hours of each other — were felt in Luzon and in the Visayas and although Metro Manila and Cebu felt weaker tremors, the strength of the quakes was enough to rattle and cause shock among citizens.

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#Teamwork: The A-Club Program is back!

Here in the Aboitiz Group, the fun and enjoyment don’t stop. In support of the mission to provide A-People with a gateway to widen their network and meet new people, the A-Club Program is back on its second year. This year, seven newly formed clubs are added to the six pioneer clubs, making this family a bigger community for 2019.

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It runs in the blood

Giving back to the community in whatever way possible has always been in the DNA of A-People, and that includes donating blood. Aboitiz partnered with Philippine Red Cross for a bloodletting activity at the Taguig Corporate Center to contribute to the national blood requirement and help save more lives.

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AEV net income up 3% in 2018

AEV posted a 3% increase in its net income for the full year 2018 to PHP22.2 billion from PHP21.6 billion in 2017 — with the power business unit remaining the biggest income contributor, accounting for 73%, while banking and financial services, food, land, and infrastructure BUs pitched in 16%, 7%, 3%, and 1%, respectively.

Photo credit: Medium.com (Connected Conversations with Michael Mendenhall, 2016)

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Meet Tony Canova, new ACO board advisor

In December 2018, the Aboitiz Group announced changes in the board membership of Aboitiz & Company (ACO), including the appointment of Mr. Antonio Canova as new board advisor. Aboitiz Eyes is pleased to introduce Tony to our fellow team members through this mini-feature.

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Future-proofing Aboitiz by Driving a Culture of Innovation

Aboitiz Group leaders once again engaged in fruitful discussions that zoomed in on a leader’s role in cultivating a culture of innovative thinking within their respective circles. Among the key subjects were the value of ideas in preparing a business face the constantly shifting realities of the world and the importance of changing management practices to accommodate and grow these ideas.

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Salamat kaayo, JRA!

Perhaps, Mr. Bobby Orig put it best: JRA was a hardened Giver — generous in giving you his full attention, guidance, epic stories and jokes, encouragement, appreciation, a bear hug. As A-People, JRA was our dedicated chairman but, more so, someone who openly shared himself to all, inspiring generations of team members to be the best at what we do.

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Aboitiz ranks among Asean’s top 50 PLCs for corp gov

At the 2nd ASEAN Corporate Governance Awards held in Kuala Lumpur last November 21, Aboitiz Equity Ventures and AboitizPower were among named among the public listed companies (PLCs) to make it to the Top 50 ASEAN PLCs. AEV and AP were recognized for achieving excellence in corporate governance best practices based on the ASEAN Corporate Governance Scorecard (ACGS) assessment in 2017.

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Bright ideas emerge from the Aboitiz Group’s first ‘Decode Tomorrow’ hackathon

The Philippines’ digital community, seen as an emerging growth sector, got a significant and innovative boost with the staging of the Aboitiz Group’s Decode Tomorrow: An Aboitiz Future Challenge. Held from November 10 to 11, gathered 800 professionals, start-ups, freelancers, and college students to a 24-hour hackathon to come up with solutions for business- and community-oriented challenges specific to Aboitiz business units.

The Aboitiz Group will kickstart an agri micro-entrepreneurship program for corn farmers, build bakeries and donate baking equipment, conduct capability-building training, donate hollow-block making kits and sacks of cement to help rebuild structures, and donate electrical equipment to Lanao Del Sur Electric Cooperative (LASURECO) to help restore power service to the area.

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Aboitiz launches sustainable livelihood programs in Marawi

The Aboitiz Group launched a number of sustainable livelihood programs to help Maranaos start anew, one year after Marawi City’s liberation from the armed siege. Dubbed “Kawiyagan: Biyaya ng Pagbabago”, the program is a series of sustainable livelihood initiatives for the residents of Sagonsongan Resettlement Site, which temporarily houses thousands of displaced families. It complements the government’s efforts to help the once bustling capital of Lanao Del Sur get back on its feet.

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AEV’s nine-month net income up by 9% to PHP17.3 billion

On a year-to-date basis, AEVs net income for the first nine months of 2018 was PHP17.3 billion, 9% higher than the PHP15.9 billion recorded last year, while core net income stood at PHP17.7 billion, up 4% from PHP17.1 billion last year. Gains from the company’s Power, Food, and Land strategic business units contributed to the increase.

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EIA Zeroes in on Living Our Brand Promise

While this year’s ‘Coffee with EIA’ took a slightly different format by having only one session for the day instead of several, it provided an opportunity for both Aboitiz Equity Ventures President & CEO Erramon I. Aboitiz and team members to spend more time on the Q&A and digging deep on how our brand promise, advancing business and communities, applies in various circumstances.

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A-Clubs in Focus: Creating hope in the community through basketball

The A-Balleros take pride in knowing the history of the sport and everyone involved in it. Even before A-Club was launched, the members would rally to form a team that would represent in sports fests or even just for a simple friendly game after office hour. The club, in coordination and partnership with various business units, aims to have a weekly/monthly get together to play for camaraderie and fitness.

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Stellar – The Aboitiz Recognition Night 2018

This year’s theme was aptly called “Stellar” — a word used to refer for “star” as the company shed the brightest light on its team members who are identified as the lifeblood of the organization — recognizing 40 awardees, ranging from 10 years up to 40 years of service from both Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power (AP).