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Meet Congress Chairman Francisco Sagasti, Peru's next President of Republic

Peruvian Congress Chairman Francisco Sagasti. Photo: Congress of the Republic of Peru

09:00 | Lima, Nov. 17.

The Congress of the Republic on Monday elected a new Board led by Francisco Sagasti, who will thus become President of the Republic today.

Career

Francisco Rafael Sagasti Hochhausler is an industrial engineer, researcher, author of several books, and has served as a university professor.

Sagasti was born in Lima on October 10, 1944, and is 76 years old.

In March 2020, he assumed the post of Congressman of the Republic representing Lima with the Purple Party for the 2020-2021 term.

Previously, he held various positions in the public sector and also in multilateral organizations such as the World Bank.

Sagasti was admitted to the Lima-based National Engineering University (UNI), where he studied Industrial Engineering and obtained a degree in 1966.

He received a Master's Degree in Industrial Engineering from Pennsylvania State University, as well as his PhD in Operational Research and Social Systems Sciences from Wharton School of the University of Pennsylvania, in the United States.

In 1996, he was kidnapped by terrorist Tupac Amaru Revolutionary Movement (MRTA) during the hostage crisis at the Japanese ambassador's residence and was released a few days later.

Sagasti has worked in various positions in the field of technological and industrial research. He was also a member of the Advisory Council of the National Planning Institute.

From 1988 to 1989, he was a resident of the Advisory Committee at the United Nations Commission on Science and Technology for Development (CSTD). In addition, from 1987 to 1990, he served as head of the Strategic Planning Division at the World Bank.

Then, from 1990 to 1992, he was Senior Advisor to the Policy Evaluation and External Relations Departments at the World Bank, and was a member of the special mission for Development Organizations at the Carnegie Commission on Science, Technology and Government.

From 2007 to 2009, he was chairman of the Board of Directors of the Science and Technology Program (FINCyT). He was re-appointed to the position between December 2011 and March 2013.

He has been a professor at the Lima-based Universidad del Pacifico and at Pontificia Universidad Catolica del Peru; Visiting Professor at Instituto de Empresa in Madrid (Spain), at the Wharton School of the University of Pennsylvania, and at the University for Peace in Costa Rica.

He has written more than 25 books and more than 150 academic articles.

Francisco Sagasti will become the next President of the Republic until July 28, 2021, thus replacing resigning Manuel Merino, who stepped down last Sunday —after less than one week in office and amid major protests.

"Estaremos poniendo todo nuestro talento y nuestro esfuerzo al servicio de todos ustedes para que el Congreso pueda funcionar de una manera en la que el país se sienta reconocido", presidente del Congreso, Francisco Sagasti Hochhausler. pic.twitter.com/uBnP7gxqvB
— Congreso del Perú (@congresoperu) November 16, 2020

(END) SMA/MVB

Published: 11/17/2020

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Meet Congress Chairman Francisco Sagasti, Peru's next President of Republic

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