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77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

  • Pedro Pablo Kuczynski to face Keiko Fujimori in June 5 runoff
  • He beat out left-leaning Veronika Mendoza for second spot
Updated on

The victory by Pedro Pablo Kuczynski, a former finance minister, for second place in Sunday’s Peruvian president elections sets up a showdown between two business-friendly candidates, part of a regional backlash against left-wing politicians.

Kuczynski, a 77-year-old Oxford-trained political economist who’s spent more than 50 years championing debt control and free trade, won 21 percent of vote with 96 percent of the ballots counted, according to the electoral office. He will face Keiko Fujimori, who won 39.8 percent, in a second-round vote on June 5.