Argentine Jorge Bergoglio has been elected Pope, the first ever from the Americas and the first from outside Europe in more than a millennium. He chose the name Pope Francis.

Cardinals elected a new Pope to lead the world’s 1.2 billion Catholics on Wednesday, overcoming deep divisions to select the 266th pontiff in a remarkably fast conclave.

Tens of thousands of people who braved cold rain to watch the smokestack atop the Sistine Chapel jumped in joy when white smoke poured out a few minutes past 7 p.m., many shouting “Habemus Papam!” or “We have a Pope!” – as the bells of St. Peter’s Basilica and churches across Rome pealed.

Elected on the fifth ballot, the Pope Francis was chosen in one of the fastest conclaves in years, remarkable given there was no clear front-runner going into the vote and that the church had been in turmoil following the upheaval unleashed by Pope Benedict XVI’s surprise resignation.

A winner must receive 77 votes, or two-thirds of the 115, to be named Pope.

The 76-year-old archbishop of Buenos Aires has spent nearly his entire career at home in Argentina, overseeing churches and shoe-leather priests.