George Papandreou (center) and
Helder Antunes (right),
Silicon Valley executive; Lisbon
Web Summit, 2016. Frasquilho started his political career as an advisor to the State Secretary of Trade from 1993 to 1995 in the XII Government. In 1996, he joined
Banco Espírito Santo, where he served as Coordinating Director of Espírito Santo Research. He is a member of the
Social Democratic Party and was first elected to the
Portuguese Parliament in 2002, in the IX Legislature of the
Third Portuguese Republic (2002–2005). He held his position as a deputy in Parliament in the following X (2005–2009), XI (2009–2011), and XII (2011–2015) Legislatures. Frasquilho entered the XV Constitutional Government as secretary of state for treasury and finance, from 2002 to 2003. He returned to the Portuguese Parliament, where he was president of the Parliamentary Commission for Public Works, Transport, and Communications between March 2005 and October 2008. Frasquilho was also part of the Commission for Corporate Income Tax Reform, which took place between January and July 2013. ==Career==