Jose Isidro Camacho

Professional career

After college, Camacho worked at Banco Filipino, before he left to pursue graduate studies in the United States. Upon his return to the Philippines, he went back to the banking industry, and in 1995 became Senior Managing Director and Country Head of Bankers Trust New York. Later on, he became Managing Director and Chief Country Officer of Deutsche Bank in the Philippines. From 1999 to 2000, he was Managing Director and chief of Country Coverage for Investment Banking for the Asian Region of Deutsche Bank based in Singapore. His resignation brought anxieties and uncertainties in the government and caused the peso to plummet against the dollar to a record low. and was even acknowledged by several groups of businessmen and investors as one of the best Finance secretaries the Philippines has ever had. The country's Anti-Money Laundering Law (R.A. 9160) was also passed under his tenure.