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In page Guntis Ulmanis:

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As Latvia was heading for the restoration of its independence, Guntis Rumpītis quit the Communist Party in 1989 and returned to using his original surname - Ulmanis. In 1992 he was appointed Council Member of the National Bank of Latvia. He also joined the Latvian Farmers' Union the same year. In 1993 the Saeima elected him as the 5th President of Latvia (the first since the full restoration of independence in 1991). In the first round, he finished third (after Gunārs Meierovics and Aivars Jerumanis), but won in the runoff as Meierovics quit the race.