1. Eduardo Zialcita Romualdez was a Filipino banker, financial administrator and diplomat who served as the Ambassador of the Philippines to the United States from 1971 to 1982.
26 Facts About Eduardo Romualdez
1. 2.
Eduardo Romualdez was Secretary of Finance, serving from 1966 to 1970 under the Marcos administration.
3.
Eduardo Romualdez is the nephew of Supreme Court Associate Justice Norberto Romualdez and is the uncle of former Health Secretary Alberto Romualdez, footballer Johnny Romualdez and current Ambassador to the United States Babe Romualdez.
4.
Eduardo Romualdez is the first cousin of former First Lady Imelda Marcos and Ambassador Benjamin Romualdez.
5.
Eduardo Romualdez went to Ateneo de Manila University for highschool, graduating in 1925.
6.
Eduardo Romualdez studied at the University of the Philippines where he earned his degree in philosophy.
7.
Eduardo Romualdez held a master's degree from the University of Santo Tomas and a doctorate from Georgetown University.
8.
Eduardo Romualdez's career in government began in 1934 when he was a bank manager at the Bureau of Banking under the Department of Finance, serving until 1947.
9.
Eduardo Romualdez was president of the Philippine Trust Company and the Fidelity and Surety Company from 1947 to 1954.
10.
Also in 1951, Eduardo Romualdez was appointed by President Elpidio Quirino as member of the National Power Corporation Board of Directors.
11.
Eduardo Romualdez was the government representative and chairman of the board of Philippine Airlines beginning in January 1954 until 1962.
12.
In 1956, Magsaysay nominated Eduardo Romualdez to be the Philippine alternate governor to the International Monetary Fund and the International Bank for Reconstruction and Development.
13.
Eduardo Romualdez's nomination was approved by the Commission on Appointments in July 1956 and he served until 1961.
14.
Eduardo Romualdez briefly served as an ex officio member of the Cabinet of the Philippines owing to him becoming the presiding officer of the National Economic Council in 1956.
15.
In 1958, President Carlos P Garcia nominated Romualdez to be president of the Philippine National Bank, cutting short his term as RFC chairman.
16.
Eduardo Romualdez was director of the Chamber of Commerce of the Philippines from 1950 to 1952.
17.
Eduardo Romualdez became president of Philippine Airlines from 1961 to 1962 and again from 1966 to 1970.
18.
In 1966, Eduardo Romualdez was appointed by President Ferdinand Marcos to be his Secretary of Finance.
19.
In 1970, due to student protests now known as the First Quarter Storm, several cabinet members were replaced by Marcos including Eduardo Romualdez, who was replaced by Cesar Virata.
20.
Eduardo Romualdez presented his credentials to United States President Richard Nixon on October 13,1971.
21.
In November 1974, Eduardo Romualdez was held hostage for over 10 hours at the Philippine Embassy in Washington, DC According to The New York Times, it was believed to be the first time a foreign ambassador was held hostage in the United States.
22.
Eduardo Romualdez was eventually released after assurances were made by President Marcos that the perpetrator's son in the Philippines would be given an exit visa and be allowed to leave the country.
23.
Eduardo Romualdez was married to Concepcion Veloso, the daughter of Jose Maria Veloso.
24.
Eduardo Romualdez was a member of the Rotary Club becoming president in 1953 and later, as a district governor of Rotary International.
25.
Eduardo Romualdez supported the Philippine Tuberculosis Society and the Philippine Cancer Society.
26.
Eduardo Romualdez died in his sleep on July 19,2001, at age 91.