Sebastian Pinera , 60 , succeeds Michelle Bachelet . - Pinera , 60 , succeeded Michelle Bachelet , a popular president who steered the country through the global economic downturn and promoted progressive social reforms . The Chilean government announces that it will not renew the lease of its naval base in Mar del Plata to Argentina for another 20 years. Pinera is first conservative to lead Chile since fall military dictatorship in 1990 .
Sebastian Pinera , 60 , succeeds Michelle Bachelet . - The Chilean government announces that it will not renew the lease of its naval base in Mar del Plata to Argentina for another 20 years. Pinera is first conservative to lead Chile since fall military dictatorship in 1990 .