A graduate of the Wharton School of Economics, Mar Roxas worked as an investment banker, mobilizing venture capital funds for small and medium enterprises. Mar Roxas served as the Representative of the 1st District of Capiz from 1993 to 2000. Mar Roxas stint as Congressman was cut short after he was appointed by President Joseph Estrada as Secretary of Trade and Industry. Mar Roxas resigned from the position at the height of the EDSA Revolution of 2001 and was later re-appointed by President Gloria Macapagal-Arroyo in her new Cabinet. Mar Roxas resigned again to run for a Senate seat in the 2004 Philippine election. Mar Roxas was elected as Senator with 19 million votes, the highest ever garnered by a national candidate in any Philippine election.
Initially one of the leading contenders in the Philippine presidential election, 2010, he has slid down to becoming a vice-presidential candidate to make way for Noynoy Aquino. Though Mar Roxas’s supporters assert that this demonstrated his selflessness, his critics claim that he had done so as a way to secure a graceful exit as he was not performing well in the surveys leading up to the decision.
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