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Reuters
Reuters
Business
Julia Symmes Cobb and Oliver Griffin

Colombia's first leftist president targets inequality, leaves investors on edge

FILE PHOTO: Colombia's Gustavo Petro of the Historic Pact coalition shows his ballot before casting his vote at a polling station during the second round of the presidential election in Bogota, Colombia June 19, 2022. REUTERS/Luisa Gonzalez/File Photo

The election of Colombia's first leftist president, Gustavo Petro, is indicative of widespread yearning for a more equal and inclusive society, analysts and business leaders said, but the former guerrilla will need to act fast to reassure investors.

Petro, a 62-year-old former mayor of the capital Bogota and current senator, won some 50.4% of votes on Sunday, handily beating construction magnate Rodolfo Hernandez.

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