Alberto Fernández is the new president of Argentina.
The centre-left opposition candidate came out on top in an election that was marred by severe economic concerns.
He beat conservative incumbent Mauricio Macri, securing more than 45 per cent of the vote.
Marci officially conceded defeat and has congratulated Fernández.
The two met at the presidential palace to discuss an orderly transition.

Britain working with allies to support shipping through Strait of Hormuz
Five Iranian women's soccer players granted humanitarian visas in Australia
Almost 700,000 displaced after Israeli strikes on Lebanon, UN agencies say
Iran fighting back but not stronger than U.S. thought, top U.S. general says
British warship HMS Dragon departs for Eastern Mediterranean