 Despite this, national elections continued and Fernando Belaúnde Terry was elected as the 58th President of Peru in 1980.Terry had already served as the country's 55th president prior to Velasco's coup in 1968.During the governments of Velasco and Morales, Communist Party of Peru had been organized as a Maoist political group formed in 1970 by Abimael Guzmán, a communist professor of philosophy at the San Cristóbal of Huamanga University.