Manuel Prado Ugarteche

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Manuel Prado Ugarteche
Constitutional President of the Republic of Peru
In office 1939 – 1945
Preceded by	Oscar R. Benavides
Succeeded by	José Bustamante y Rivero
In office 1956 – 1962
Born	April 21, 1889
Died	August 15, 1967
Profession	Banker

Manuel Prado y Ugarteche (April 21, 1889 – August 15, 1967) was a Peruvian banker and political figure. Son of former president, Mariano Ignacio Prado, he was born in Lima and served as the President of Peru twice, from 1939 until 1945 and again between 1956 and 1962. His brother, Leoncio Prado, was military hero.

Manuel Prado Ugarteche, a conservative patriarch of a wealthy and powerful family, reached the Presidency of Peru with the help of the left-wing APRA party. Prado announced that "one of the first acts of my government will be to declare a general political amnesty and put an end to the proscription of political parties."

During Prado's second presidency (1956-1962), the only significant proscribed party was the APRA (American Popular Revolutionary Alliance), which was thrown out of power and outlawed in 1948 by President Manuel Odría. Prado announced that he would submit to the newly-elected Congress a bill to legalize APRA once again. The bill was later passed and the APRA's famed founder, Víctor Raúl Haya de la Torre, returned from foreign exile.

In foreign policy, Prado – whose greatest pride was that as President in 1942 he made Peru the first of South American nations to declare war on the Axis Powers– was expected to side firmly with the U.S.

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Preceded by Óscar Benavides	President of Peru 1939-1945	Succeeded by José Luis Bustamante y Rivero
Preceded by Manuel Odría	President of Peru 1956-1962	Succeeded by Ricardo Pérez Godoy