Manuel Prado Ugarteche
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| Image:President Don Manuel Prado.JPG | |
| Full Title: | Constitutional President of the Republic of Peru |
| Term of Office: | First Term: 1939–1945 Second Term 1956–1962 |
| Predecessor: | First Term: Oscar R. Benavides Second Term: Manuel A. Odría |
| Successor: | First Term: José Bustamante y Rivero Second Term: Ricardo Pérez Godoy |
| Date of Birth: | April 21, 1889 |
| Date of Death: | August 15, 1967 |
| Political party: | |
| Profession: | Banker |
Manuel Prado y Ugarteche (April 21, 1889–August 15,1967) was a Peruvian banker and political figure. Son of former president, Mariano Ignacio Prado, he was born in Lima and served as the President of Peru twice, from 1939 until 1945 and again between 1956 and 1962. His brother was military hero, Leoncio Prado.
Manuel Prado Ugarteche, a conservative patriarch of a wealthy and powerful family, reached the Presidency of Peru with the help of the left-wing APRA party. Prado announced that "one of the first acts of my government will be to declare a general political amnesty and put an end to the proscription of political parties."
During Prado's second presidency (1956-1962), the only significant proscribed party was the APRA (American Popular Revolutionary Alliance), which was thrown out of power and outlawed in 1948 by President Manuel Odría. Prado announced that he would submit to the newly-elected Congress a bill to legalize APRA once again. The bill was later passed and the APRA's famed founder, Víctor Raúl Haya de la Torre, returned from foreign exile.
In foreign policy, Prado—whose greatest pride was that as President in 1942 he made Peru the first of South American nations to declare war on the Axis Powers—was expected to side firmly with the U.S.
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