Alfred Ty

Chairman, Toyota Motor Philippines

 

This holding company leader is significantly involved in the banking and automotive industries

Alfred Ty holds various high positions in the family business: he is the vice chairman of GT Capital Holdings, Inc., which is involved in banking, automotive, real estate and insurance; he is also a director at Metrobank and chairman of Lexus Manila and Federal Land, Inc.; and, as chairman of Toyota Motor Philippines, Ty heads one of the largest markets of Toyota in Asia and the world.

Since Toyota began its local operations in the Philippines in 1989, the automotive company has sold almost two million vehicles. Toyota Philippines has received the Triple Crown recognition for 21 years straight for being the best in passenger car sales, commercial vehicle sales and overall sales in 2022. A logistics hub worth nearly PHP5 billion was launched in Batangas in 2021, with a capacity for 160,000 vehicles per year.

In 2023, Toyota remains one of the world’s most trusted brands in the world, with Kelly Blue Book recognising it with awards such as Best Resale Value, Most Trusted Brand, 5-Year Cost to Own Award and Best Overall Truck Brand.

Together with his family, Ty also carries forward the philanthropies that his late father, Dr George SK Ty, started as part of the vision of building a better tomorrow for all Filipinos. He is actively involved in the social responsibility efforts of the Metrobank Foundation, the GT Foundation and the Toyota Motor Philippines Foundation. In August 2023, the Ty family foundation and the Metrobank Foundation turned over PHP40 million worth of development grants to 32 partners. Under the theme, Engaging Partnerships, Empowering Communities, the grants aim to strengthen collaboration and empower communities to address challenges health, education, arts and livelihood challenges.

Impacted Industries


Did You Know?


Ty’s first car when he was a college student was a Toyota Celica. Long before their family took over the local distributorship and expanded the business, he was driving this two-door model in Los Angeles. While he admits his first choice was a Toyota Supra—which his father refused to give him—he did soup up the car and had many good memories of it before moving back to the Philippines.