Foreign Affairs Secretary Albert del Rosario on Wednesday said that he will not be quitting the Cabinet because he has rejected the offer of Manny Pangilinan to head one of his companies.
In a statement, del Rosario said he will stay in public service as long as President Benigno Aquino 3rd wishes him to do so.
“In my talks with my trusted friend, Manny Pangilinan, in December, he is fully supportive of my decision to continue in public service for as long as the President wishes for me to do so,” the secretary said.
Reports said Pangilinan announced during a Christmas party in Hong Kong that he offered the Foreign Affairs chief to join him again in the private sector.
Del Rosario, who regularly joins Pangilinan in official and unofficial functions such as watching Philippine Basketball Association games, was the former director of the Pangilinan-owned Philippine Long Distance Telephone Co.
A businessman, del Rosario’s links with the private sector spanned four decades. He has been involved in real estate, telecommunications, shipping, food, media, pharmaceutical, retail, infrastructure, insurance and banking.
He sat on the board of Hong Kong-based First Pacific Investment Inc (FPIC) and held key positions in FPIC’s Philippine businesses, diversified conglomerate Metro Pacific Investment Inc. and mining firm Philex Mining.