AIRLINK 79.41 Increased By ▲ 1.02 (1.3%)
BOP 5.33 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 76.87 Decreased By ▼ -1.64 (-2.09%)
FCCL 20.53 Decreased By ▼ -0.05 (-0.24%)
FFBL 31.40 Decreased By ▼ -0.90 (-2.79%)
FFL 9.85 Decreased By ▼ -0.37 (-3.62%)
GGL 10.25 Decreased By ▼ -0.04 (-0.39%)
HBL 117.93 Decreased By ▼ -0.57 (-0.48%)
HUBC 134.10 Decreased By ▼ -1.00 (-0.74%)
HUMNL 7.00 Increased By ▲ 0.13 (1.89%)
KEL 4.67 Increased By ▲ 0.50 (11.99%)
KOSM 4.74 Increased By ▲ 0.01 (0.21%)
MLCF 37.44 Decreased By ▼ -1.23 (-3.18%)
OGDC 136.70 Increased By ▲ 1.85 (1.37%)
PAEL 23.15 Decreased By ▼ -0.25 (-1.07%)
PIAA 26.55 Decreased By ▼ -0.09 (-0.34%)
PIBTL 7.00 Decreased By ▼ -0.02 (-0.28%)
PPL 113.75 Increased By ▲ 0.30 (0.26%)
PRL 27.52 Decreased By ▼ -0.21 (-0.76%)
PTC 14.75 Increased By ▲ 0.15 (1.03%)
SEARL 57.20 Increased By ▲ 0.70 (1.24%)
SNGP 67.50 Increased By ▲ 1.20 (1.81%)
SSGC 11.09 Increased By ▲ 0.15 (1.37%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.56 Decreased By ▼ -0.11 (-0.94%)
TRG 72.10 Increased By ▲ 0.67 (0.94%)
UNITY 24.82 Increased By ▲ 0.31 (1.26%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
BR100 7,506 Increased By 12.9 (0.17%)
BR30 24,683 Increased By 124.5 (0.51%)
KSE100 71,971 Decreased By -80.5 (-0.11%)
KSE30 23,749 Decreased By -58.8 (-0.25%)

imageLIMA: Pedro Pablo Kuczynski, Peru's new president, says he will hit the ground running after a long career as a Wall Street banker that earned him the moniker "El Gringo."

At 77 years old, Kuczynski could have ridden his beloved Harley-Davidson off into the sunset after a lifetime spent stringing together one impressive resume entry after another: World Bank economist, investment banker, a series of ministerial posts, and, for good measure, concert flautist.

Instead, the man known as PPK threw his hat into a presidential race that no one expected him to win, fighting heavy favorite Keiko Fujimori into a photo finish that took five days to be decided.

Fujimori, the daughter of jailed ex-president Alberto Fujimori -- a divisive figure remembered for both his populism and his authoritarian streak -- was the front-runner for most of the campaign.

But when the last votes from the remotest reaches of the Peruvian Amazon had been counted, Kuczynski came out on top, by less than a quarter of a percentage point.

It was just the latest surprise from PPK, who won in part by undermining Peruvians' image of him as a rich, conservative outsider with a funny accent and pin-striped suits.

Some in Peru poke fun at his American accent, which betrays the many years he has lived outside his native country.

But Kuczynski lightened the baggage of his outsider status by donning a traditional multicolored woolly hat at rallies, playing folk music on the flute and trotting out his campaign mascot, a man-sized guinea pig -- a symbol of Peru.

Competing against Fujimori's well-oiled election machine, he stressed his age and experience.

"I'm old, but my noggin is still working," he said.

- Globetrotting life -

Kuczynski was born on October 3, 1938, to a German Jewish father who had fled Nazi Germany and a French-Swiss mother.

His father, a doctor, was an officer in the German army in World War I but fled when Hitler came to power. In Peru he worked treating lepers in the Amazon jungle, where the young Kuczynski spent part of his childhood.

He attended a prestigious private school in the capital, Lima, then was sent to school in northern England.

Kuczynski studied piano and flute at London's Royal College of Music, according to his CV filed with the electoral authorities.

He went on to graduate from Oxford and Princeton before working in Latin America for the World Bank.

He says he was expelled from Peru in a military coup in the 1960s while serving as head of the state reserve bank.

For years he lived in the United States, working for banks and other companies.

- 'Big brain' -

Ahead of the June 5 run-off election, one voter, Lima taxi driver Mario Armando Callupe, summed up Kuczynski's tricky image problem.

"He's American," he said. "He doesn't speak great Spanish. That's what defines him."

But the 27-year-old Callupe said he planned to vote for him anyway.

"He is very well prepared for the job and he proved it when he was economy minister. He is a big brain."

Kuczynski hails from the center-right, and vowed in his inaugural address to kick-start a slowing economy and revitalize the key mining sector.

But he also promised sweeping reforms in health care, education and other basic services for the 22 percent of Peruvians living in poverty.

Appearing to fight back tears as he took the oath of office, Kuczynski vowed to preside over a "social revolution."

The septuagenarian president said he wanted to make his late father proud.

"I can't defraud his legacy," he said.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.