2. Joey Salceda
Jose Ma. Clemente "Joey" Sarte Salceda (Tagalog pronunciation: [sɐlˈseda], born
October 26, 1961[1]) is a Filipino statesman and the current Representative
of Albay's 2nd District in the Philippine House of Representatives. He previously
served as governor of Albay province in the Philippines for three terms. Prior to
that, he was a three-year term representative of the Third District of Albay and was
appointed as Presidential Chief of Staff on February 10, 2007, after the resignation
of Michael Defensor, before he himself resigned on March 29, 2007, to pursue his
gubernatorial bid in his province. Salceda has also been chairman of the powerful
House Committee on Ways and Means since 2019.[2] Salceda is the principal
author of the Tax Reform for Acceleration and Inclusion Law,[3] the Corporate
Recovery and Tax Incentives for Enterprises (CREATE) Law, which reduced
corporate income taxes in the Philippines to 20%,[4] and the Free College Tuition
Law.
3. Biography
Personal life[edit]
Joey Salceda is the son of former Polangui, Albay Mayor Jesus
Salceda, Sr. Salceda graduated cum laude with a Bachelor of Science
in Management Engineering from the Ateneo de Manila University in
1982[6] (1981 in some sources[7]) and received his master's degree in
Business Management at the Asian Institute of Management.[6] At the
Ateneo de Manila University, former President Gloria Macapagal
Arroyo was his economics professor,[6] and another former
president, Benigno Aquino III, was his classmate
4. Before joining the legislature, Salceda was the Research Director of UBS
Warburg (a division of Swiss Bank Corporation).[8] While with UBS, he was
voted among the top five analysts in a 1996 survey of Philippine fund
managers. He also served as Research Director of Barings Securities Phils.
(now ING Group) for five years.[9] During his term, the Barings research
team was voted number one in 12 international surveys of fund managers.
He also garnered several awards for his distinguished performance in the
field of financial markets research. He was voted by foreign fund managers
in Asiamoney's Annual Survey as "Best Analyst" in 1995 and "Best
Economist" for four consecutive years from 1993 to 1996.[10]
Prior to his career in the private sector, Salceda was also Congressional
Fellow to the late Speaker Ramon Mitra and Chief of Staff to the late
Senator Raul Roco.
5. Salceda was elected chairman of the House Committee on Trade and
Industry, a rare feat for a freshman legislator. During his chairmanship,
he led the enactment three key trade measures, namely Republic Act
No. 8751 or the Countervailing Duty Act, Republic Act No. 8752 or the
Anti-Dumping Duty Act, and Republic Act No. 8800 or the Safeguard
Measures Act.[12]
Salceda is also regarded as the "Founding Father of Ligao City" after
his successful sponsorship of the measure converting the municipality
of Ligao into a component city under Republic Act No. 9008.
6. In recognition of his experience in the markets, he held several
key positions during his freshman term, including as Chairman of
the Committee on Trade and Industry and vice chair of the
Committees on Ways and Means and Economic Affairs.[14]
Salceda was also instrumental in initiating the Bicol International
Airport,[15] which he requested from President Arroyo in 2004.
7. Governor of Albay (2007-2016)
After resigning from the Arroyo Cabinet in 2007, Salceda ran for Governor of
Albay and was subsequently elected, defeating incumbent Fernando V.
Gonzalez.[16] His three terms as governor were best known for his
establishment of the zero-casualty doctrine in disaster preparedness[17] for
which he earned international recognition as a Senior Global Champion for
disaster risk reduction by the United Nations[18] as well as his climate
change advocacy, which eventually led to him being elected as the first
Asian co-chair of the United Nations Green Climate Fund in
2013.[19] Salceda also received numerous awards in disaster
resilience,[20] good governance,[21] education,[22] health,[23] and tourism.
8. Salceda also worked for economic and tourism development
across the Bicol region as Chair of the Regional Development
Council (RDC) of Bicol for three consecutive terms.[25] As RDC
Chairman, Salceda established the AlMaSor regional tourism
alliance, with Albay, Masbate, and Sorsogon as its constituent
provinces.[26] Salceda was also instrumental in the establishment
of the Bicol University College of Medicine.[
9. Representative of the 2nd district of Albay
(2016-)
After three terms as Governor, Salceda returned to Congress as Representative of
the 2nd district of Albay in 2016,[28] where he is credited for articulating the
economic strategy "Dutertenomics[29]" as well as for championing the Tax Reform
for Acceleration and Inclusion or TRAIN law.[30] Salceda, as principal author, also
defended the Free College Tuition law[31] from its critics in Cabinet, who sought its
veto.[32]
In his second term, Salceda was elected as Chairman of the House Committee on
Ways and Means, the tax committee of the House of Representatives,[33] and was
reelected to head the committee in 2022.[34]
As Chairman of the House's tax committee, Salceda led the enactment of the
CREATE law, the POGO tax regime,[35] and the tax regime for proprietary schools.