GT Capital Holdings Inc., the diversified conglomerate of the Ty family, has announced the passing of longtime executive Jose Crisol Jr., as reported by Philstar Biz.

Crisol served as an executive at GT Capital, which holds interests in banking, automotive, property, and power generation. His tenure spanned several years, contributing to the conglomerate's growth and operations.

The company has not released further details regarding his passing. GT Capital expressed condolences to his family and colleagues.