 On 31 October 1994, León Roldós was elected rector of the University of Guayaquil, and served two terms, which were acknowledged to have revitalized this institution.León Roldos ran for president in 1992 under the banner of the Socialist Party of Ecuador and in a second attempt in 2002 as an independent; he received then 15.4% of the vote and barely missed the runoff election.He was also elected Congressman for the Province of Guayas.