In 1999, Barroso was elected president of the Portuguese Social Democratic Party and became the leader of the opposition. In 2002, he was elected Prime Minister of Portugal and in 2004 he was nominated as President of the European Commission. Barroso remained in the Presidency for two five-year terms where he played an influential role in the passing of the Treaty of Lisbon, responding to the financial crisis and incorporating new members in the European Union, as the EU went from 15 to 28 countries between 2004 and 2014.
José Manuel Barroso is chairman and non-executive director of Goldman Sachs International, and an advisor to the firm. He joined Goldman Sachs in 2016 after a high profile career in EU and Portuguese politics.
On behalf of the EU, José Manuel Barroso received the Nobel Peace Prize in 2012 and gave the acceptance speech together with the President of the European Council. He has been awarded numerous honorary degrees and has received more than 60 decorations, prizes and honors, including Portugal’s Grã-Cruz da Ordem Militar de Cristo and Grande Colar da Ordem do Infante Dom Henrique.