Hery Rajaonarimampianina won the Dec. 20 presidential run-off in Madagascar, the Indian Ocean island country's electoral commission declared on Friday.

Independent National Election Commission (CENIT) President Atallah Beatrice said at an official gathering attended by government officials, presidential candidates and international observers, that Rajaonarimampianina took the lead with 53.50 percent of votes while his competitor Jean Louis Robinson garnered 46.50 percent.

Rajaonarimampianina, 55, is a chartered accountant from Canada. He was appointed minister of finance and budget by President of Transition Andry Rajoelina in 2009.

He remained in position until becoming candidate to the presidential election.

He created his party "Hery Vaovao ho an'i Madagasikara",which means new force for Madagascar, when he decided to be candidate to the election in 2012, according to his official website.

The candidate came the second in the first round with 15.85 percent of the tally after Robinson who took the lead with 21 percent during the first round held on Oct. 25, 2013.

He was appointed chairman of board of directors of Air Madagascar in 2011.

He said during the propaganda assembly and on TV debate that he would bring a new force to Madagascar when elected president.

Rajaonarimampianina said his priorities include national solidarity and reconciliation.

"My fight is not against a person, but against the hunger. It is time to concentrate to the development of Madagascar," he said during a TV debate on TVM,national TV of Madagascar.

He vows to fight against corruption, establish press freedom and independence of justice and restore security in the country.

Economist, Rajaonarimampianina has promised that he will maintain the subsidy of fuel price to prevent inflation. "I will look for other way to enable my regime have enough money to pay the subsidy to oils price."

Rajaonarimampianina looks to investors for renewable energy by alleviating their tax.

He promised safety of investment in Madagascar, security of businessmen and their goods, security in tax payment, security in customs and other incentives.

He also pledged jobs in agriculture to boost the economy.

His tourism target is 500,000 arrivals in two years of office. He plans to boost rural infrastructure to ensure agricultural production and food security. He offered to set up the free primary school and create the mobile hospital for remote zones.