Pedro Pablo Kuczynski

Pedro Pablo Kuczynski

Pedro Pablo Kuczynski Godard [ ˈpeðɾo ˈpaβlo kuˈtʃinski ɣoˈðarð ] (born October 3, 1938 in Lima , Peru ) is a Peruvian politician and economist . In the Peruvian public he is often only referred to by his initials PPK , which are also the abbreviation of his party Peruanos Por el Kambio . It is part of the economically liberal political camp. From July 2016 until his resignation in March 2018, he was president of his country. With the resignation he came a planned impeachment proceedings because of corruption allegations before.

Life

origin

Kuczynski is the son of Berlin- born German physician Max Kuczynski and his Swiss wife Madeleine Godard, a teacher and aunt of Jean-Luc Godard . His father suffered after the seizure of the Nazi regime because of his Jewish origin under reprisals and fled in the summer of 1933 from the German Reich to Peru.

education

Kuczynski received his education at Markham College in Lima and at Rossall School in Lancashire, UK . He did not complete his studies at the Royal Academy of Music in London with the instruments flute and piano. His studies in Philosophy, Politics and Economics , he completed (PPE) at Exeter College of the University of Oxford in Great Britain to 1960 and then received his master's degree from Princeton University in the United States . In 1961 he worked at the World Bank .

Career in business

In 1967 Kuczynski returned to Peru and worked at the Central Bank ( Banco Central de Reserva del Perú ) during the government of President Fernando Belaúnde Terry . After the military coup on October 3, 1968 by Juan Velasco Alvarado , he went into exile in the USA and worked again for the World Bank. From 1973 to 1975 he was a partner at the US investment bank Kuhn, Loeb & Co. in New York . In 1975 he became Chief Economist of the International Finance Corporation (IFC) in Washington, DC He was then named President of Halco Mining (Harvey Aluminum Company), based in Pittsburgh , an international consortium of mining companies such as Alcoa and the Rio Tinto Group with operations in Guinea .

Pedro Pablo Kuczynski (2010)

From 1983 to 1992 he was vice chairman of First Boston Corporation, founded in 1978 in New York, an international investment bank.

In June 1988 he took part in the Bilderberg Conference in Telfs , Austria.

In 1992, Kuczynski and six partners founded the Latin American Enterprise Fund (LAEF) based in Miami . The holding company focuses on investments in Mexico , Central and South America. In 1995 the International Finance Corporation (IFC) took a 13 percent stake in the fund. Institutional investors include more than 15 of the world's largest university foundations and foundations, as well as pension funds. In addition, Kuczynski is director of various companies in Peru and abroad. He is also a registered co-owner in the state of Florida of Westfield Capital , a shopping center operator. He was also a board member in several companies:

• from 1992 to 1996 at Bank Credit Suisse First Boston (CSFB)
• from 1992 to 1995 at the iron and steel company Compañía de Acero del Pacífico (CAP) in Chile
• from 1995 to 1996 at the US copper producer Magma Copper Company
• from 1996 to 1999 at Edelnor SA (Empresa Electrica Del Norte Grande) in Chile, an energy supply subsidiary of the French GDF Suez ,
• from 1996 to 2001 with the Japanese automobile manufacturer Toyota Motor Corporation
• from 1996 to 2001 at the Argentine steel company Siderúrgica Argentina (Somisa)
• from 1983 to 2001 at the US investment company ROC Taiwan Fund (today: Taiwan Greater China Fund)
• from 2003 to 2004 at the Luxembourg coal and steel company Tenaris SA
• from 2003 to 2004 with the mining company Southern Peru Copper Corporation , which went to Grupo México in 2004 .
• from 2007 to 2016 at the Argentine steel company Ternium .

Political career

After the end of military rule in Peru, Kuczynski was Fernando Belaúnde Terry's Minister of Energy and Mining from 1980 to 1982 during the second presidency .

After the Peruvian elections in 2001, Alejandro Toledo accepted Kuczynski into his cabinet. He was given the office of Minister of Economics and Finance. During his tenure, the Peruvian Brady Bonds saw their strongest rise since 1998 and the Peruvian stock exchange responded with a massive jump up. Under Toledo, Kuczynski was then Prime Minister of Peru from August 14, 2005 to July 28, 2006 and initiated a strict austerity program.

He ran in the 2011 elections in Peru as an independent candidate for the center-right alliance Alianza por el Gran Cambio for president . He announced that if he were elected he would renounce his US citizenship. However, with just under 20 percent, he received only the third largest share of the vote and was therefore not qualified for the runoff election.

He ran again in the 2016 presidential election. This time he stood for the newly founded liberal-conservative party Peruanos Por el Kambio ("Peruvians for change"; the word "cambio" is deliberately misspelled so that the party has the same initials as its candidate). In the first round he finished second with 21% behind Keiko Fujimori , but still ahead of Verónika Mendoza . In the runoff election on June 5, 2016, he prevailed against Keiko Fujimori with 50.12 percent of the vote. Shortly before the second ballot, representatives of the political left like Mendoza - despite contradictions in terms of content - spoke out in favor of Kuczynski as a "lesser evil" compared to Fujimori. He took office on July 28th. One of his main concerns was the fight against corruption. To this end, he issued numerous anti-corruption decrees.

In mid-September 2017, parliament withdrew its confidence in the government in the dispute over the dismissal of the Minister of Education. Kuczynski had to present a new government to parliament within 3 days.

On December 15, 2017, the parliament initiated proceedings against the president against the accusation that Kuczynski had allowed himself to be bribed by the Odebrecht Group during his tenure as Minister of Economics , which led to his removal from office (determination of the "vacancia presidencial", the vacancy of the presidential office ) through "moral incompetence" could have resulted. After entering the procedure thanks to 93 votes, 78 MPs voted on December 21, 2017 to remove Kuczynski. This missed the required two-thirds majority of MPs (87 votes out of 130 members of Congress). A few days later, Kuczynski announced that the former head of state Alberto Fujimori , who had been convicted of human rights violations and corruption, would be pardoned on humanitarian grounds and thus released early from prison. This led to speculation that Kuczynski had a negotiated deal with the Fujimori family. Alberto Fujimori's son Kenji was one of the ten opposition MPs who abstained from voting in parliament. Regarding the Odebrecht allegations, he stated that he had never been corrupt in his life and that during the time in question, as Minister of the Toledo government, he had relinquished the leadership of Westfield Capitals and was therefore not in the picture about its activities in detail.

In order to forestall impeachment proceedings, Kuczynski resigned from office on March 21, 2018. The official business was taken over by the first Vice-President Martín Vizcarra .

On April 10, 2019, Kuczynski was arrested on suspicion of bribery. He is under house arrest pending a court decision. In his case, this can take up to three years.

Personal

Kuczynski is married for the second time and has three daughters and a son. His daughter Alexandra Louise "Alex" Kuczynski (* 1967) is an editor for the New York Times .

Web links

Commons : Pedro Pablo Kuczynski  - collection of pictures, videos and audio files

Individual evidence

1. ↑ ^{a b} Victoria Eglau: Peru's new president - you call him PPK , Deutschlandfunk , information am Morgen , June 11, 2016.
2. ↑ Tjerk Brühwiller: Kuczynski wins runoff in Peru. Neue Zürcher Zeitung (online), June 10, 2016.
3. ↑ Victoria Eglau: Peru's new President - An encouraging sign for democracy. Deutschlandfunk, comments and topics of the week , June 11, 2016.
4. ↑ zeit.de: Pedro Pablo Kuczynski: Peru's President resigns after allegations of bribery
5. ↑ zuno Burstein A: Maxime Kuczynski - Godard, un pionero de la salud pública. Revista Peruana de Medicina Experimental y Salud Publica, 2003, accessed June 7, 2011 (Spanish). 
6. ↑ Hans H. Lembke: The black sheep at the Gradenwitz and Kuczynski. Two Berlin families in the 19th and 20th centuries. Trafo, Berlin 2008, ISBN 978-3-89626-728-3 .
7. ↑ FAZ, June 13, 2016, p. 10.
8. ^ Pedro Pablo Kuczynski: Los negocios ocultos del candidato. losandes.com.pe, May 5, 2015, accessed June 11, 2016 (Spanish). 
9. ^ Tenaris Announces its New Board of Directors , Luxembourg, December 16, 2002.
10. ^ Peru - the government of Alejandro Toledo , Cosmopolis.ch, July 29, 2001.
11. ↑ Kuczynski becomes Minister of Economics - Peru's new government on neoliberal course. In: Neue Zürcher Zeitung , June 6, 2001.
12. ↑ Rolf Schröder: Nothing new in the West - Contrary to the trend in South America, Peru remains firmly on the neoliberal course. In: Latin America News , No. 378, December 2005.
13. ^ Robert Kozak: Peru Candidate Offers to Give Up US Citizenship (English) . The Wall Street Journal. Retrieved April 17, 2011.
14. ^ ^{A b} Jon Lee Anderson: A Surprising Coalition Brings A New Leader To Peru. In: The New Yorker , June 10, 2016.
15. ^ Neoliberal Kuczynski wins presidential runoff election in Peru. In: derStandard.at , June 10, 2016.
16. ^ Sebastian Grundberger, Flora Hallmann: A difficult first year for President Kuczynski . Country report of the Konrad Adenauer Foundation , August 2017, p. 2.
17. ↑ Peruvian government must resign after a vote of no confidence ( memento from September 21, 2017 in the Internet Archive ), Die Zeit, September 15, 2017
18. ↑ BBC, Spanish-language service: El Congreso de Perú inicia proceso para destituir al presidente Pedro Pablo Kuczynski , December 16, 2017, accessed on December 21, 2017.
19. ↑ Deutsche Welle: Peru's President Kuczynski narrowly escapes his dismissal , December 22, 2017, accessed on December 22, 2017.
20. ↑ "Peru's ex-president Fujimori pardoned" . tagesschau.de. Accessed December 25, 2017.
21. ↑ NZZ: Kuczynski saves himself , 23 December 2017, p. 5.
22. ↑ Peru's President Kuczynski tenders resignation, promises constitutional transition. In: Reuters , March 21, 2018.
23. ↑ Kuczynski at the end In: faz.net
24. ↑ El Comercio: PPK está "amarrado de manos" para defenderse, asegura su hija , July 16, 2019, accessed on July 28, 2019.