trending Market Intelligence /marketintelligence/en/news-insights/trending/R0og7fYedycmRlyJ2Ecofw2 content esgSubNav
In This List

Ecuador's electoral council confirms Moreno presidential victory


Commercial Banking: June 22nd Edition


Commercial Banking Newsletter June Edition - 2022


Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Case Study

Actions to Reduce Emissions at an Asian Financial Services Firm

Ecuador's electoral council confirms Moreno presidential victory

With 99.66% of the votes counted, Ecuador's electoral council April 4 confirmed former Vice President Lenín Moreno's win in the presidential elections.

Juan Pablo Pozo Bahamonde, the head of national electoral body CNE, said the result was "offical and irreversible."

According to the CNE, Moreno, the candidate of the governing Alianza Pais, won with 51.16% of the vote in an April 2 runoff election to replace his party ally Rafael Correa, who has been president since 2007.

Conservative Guillermo Lasso, who has demanded a recount after exit polls seemed to favor him, received 48.84% of the tallied votes.

Moreno's win marks a broad continuation of outgoing leftist President Rafael Correa's policies. Moreno served as Correa's vice president between 2007 and 2013.

The new president will take office May 24.