Emeterio Sd. Perez
Emeterio Sd. Perez

THE Cebu units of the Ayala group are undergoing major executive changes. The Zobels, who own these subsidiaries through Ayala Land Inc. (ALI), are promoting Aniceto Bisnay Jr. from vice president to president of Cebu Holdings Inc. (CHI) and of Cebu Property Ventures and Development Corp. (CPVDC).

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