There are big changes happening over at Ayala Corporation, particularly with their mobility business.
AC Industrials, the industrial technologies arm of Ayala Corporation and the parent company of the group's vehicle distribution and retail business, AC Motors, is making some major changes to their structure and leadership.
The first major change is that AC Motors will be reorganized into two distinct businesses, namely automotive and motorcycle. Under the automotive business division will be the distribution and retail of Volkswagen, Kia, Maxus, as well as other dealerships retailing other brands such as Honda and Isuzu. Under the motorcycle division will be the manufacturing, distribution, and retail of KTM and Husqvarna.
The other surprising news is the change in leadership at AC Motors, as the company just announced that Antonio “Toti” Zara III will be coming aboard to be their new president for the automotive business unit.
Zara is a very familiar executive in the domestic and international auto industry, after having taken up posts at General Motors around the region including stints in South Korea, Japan, and various Southeast Asia markets, as well as senior positions at Toyota Motor Philippines.
Zara was also appointed as the second president of Nissan Philippines Inc. (NPI) after the sales of the brand were consolidated under one national sales company, before being appointed as president of Nissan in Indonesia, after which he took another post with Nissan in Japan. More recently, he held the post as general manager of GT Capital's automotive business, overseeing their 5 Toyota retail dealerships.
Zara will be reporting to Arthur Tan, who is retaining in his current post as AC Industrials Chairman and CEO. The leadership of the individual brands under the AC Motors banner will remain unchanged with Manny Aligada as president and COO of Kia, Felipe Estrella as president and COO of Volkswagen and Maxus, while Dino Santos will be leading the KTM and Husqvarna motorcycle businesses as president.
"Toti brings with him 30 years of experience in the global and local automotive industry covering service, sales, and marketing functions," said Arthur Tan, AC Industrials Chairman, and CEO. "We welcome his experience and hope he can add fresh and innovative perspectives to help accelerate the strategies we have set forth and started in order to navigate this crisis and take advantage of the long-term trends that continue to drive the industry’s evolution."