Axel Kicillof headed by Hernán Lorenzino. After that, on November 18, 2013, Kicillof officially became Minister of Economy. Kicillof was instrumental in the renationalization of YPF. President Cristina Fernández de Kirchner named Kicillof to the post of Secretary (or Deputy Minister) for Economic Policy and Development Planning in December 2011. He took academic leave to assume this post. In this position, Kicillof oversaw the controversial 2012 nationalization of YPF, the Argentine oil company then controlled by the Spanish energy firm Repsol. It was the largest expropriation in Argentina's history. He justified this action as part of a needed reversal of the Argentinian
Cristina Fernández de Kirchner However, with 13 challengers splitting the vote, Kirchner won the election decisively in the first round with just over 45% of the vote, followed by 23% for Elisa Carrió (candidate for the Civic Coalition) and 17% for former Economy Minister Roberto Lavagna. Kirchner was popular among the suburban working class and the rural poor, while Carrió and Lavagna both received more support from the urban middle class. Kirchner lost the election in the large cities of Buenos Aires and Rosario. On 14 November, the president-elect announced the names of her new cabinet, which was sworn in on 10 December. Of