Jaime Zobel de Ayala first Filipino to receive Harvard University Award

Philippine history is made as Jaime Augusto Zobel de Ayala has become the first Filipino to receive the Alumni Achievement Award, the highest honor for any graduate of Harvard Business School.

The chair and chief executive of Ayala Corporation is also the youngest alumnus to receive the the coveted honor, which gives the award annually to "distinguished graduates who have contributed significantly to their companies and communities while upholding the highest standards and values."

The award-giving body states that "the outstanding men and women who receive this most important honor represent the best in the alumni body and inspire all those who aspire to have an impact on business and society."

Zobel de Ayala graduated cum laude from Harvard College in 1981 with a bachelor's degree in Economics, and received a Master of Business Administration degree from Harvard Business School in 1987.