Cardinal Jorge Mario Bergoglio, who has taken the name Pope Francis, is the first Argentine Pope and the first from outside Europe for over 1000 years.
There was a long delay between the white smoke gushing from the comignolo, the chimney of the Sistine Chapel, before the world learned the name of the new Pope. During this time it is likely that he was praying.
Cardinal Jean-Louis Tauran appeared first on the balcony to announce, in Italian, that a Pope had been elected. He said that it was Cardinal Bergoglio and that he would take the name Francis.
Though most people were caught by surprise, Pope Francis was greeted with huge cheers from thousands of people from across the world when he stepped onto the Vatican balcony a few moments later. His first words, which he spoke in Italian, were "Brothers and Sisters, Good Evening".
The new Pope is widely believed to have been a runner-up in the last conclave.
He has been a member of the Congregation of Divine Worship and Discipline of the Sacraments, the Congregation for the Clergy, the Congregation for Institutes of Consecrated Life and Societies of Apostolic Life. He has also been on the Pontifical Council for the Family and the Pontifical Commission for Latin America and he is a former Jesuit provincial in Argentina.
Pope Francis was born in Buenos Aires and has also lived in Germany and Spain. His parents were working-class Italians, who had five children. His father worked on the railways in Argentina.
The billowing white smoke emerged from the chimney of the Sistine Chapel just after 7pm last night, signalling that a new Pope had been elected.
The crowd erupted into cheers and soon after, the great bells of St Peter's Basilica began to toll.
Dozens of people from all over the world waved flags and banners suddenly appeared from the crowd that read "Viva il papa", "Long live the Pope!" The rain that had drenched the square stopped momentarily.
It took five ballots for the new Pope to gain the two-thirds plus one majority needed to become elected.
Thousands of tourists and pilgrims, huddled beneath umbrellas, had braved the rain to stand and await news from the conclave. A number of those in the square were in Rome on pre-planned pilgrimages which coincided with the papal interregnum.
In 2005 Pope Benedict XVI was elected after just four ballots, while John Paul II, widely considered a surprise Pope, was elected after eight ballots in 1978.

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