WATCH: Pope Leo elected as new pontiff following Pope Francis death

Watch the moment Pope Leo XIV became the latest pontiff, as white smoke rose from the chimney of the Sistine Chapel on the second day of the conclave.Formerly Cardinal Robert Prevost is the 267th Pope, and is the first American Pope to be elected.Addressing the huge crowd in the Vatican City, Pope Leo's first words were "peace be with you".After thanking his predecessor Francis and praying for world peace, Leo said: "Evil will not prevail... We are all in the hands of God."Without fear, united hand-in-hand we go forward, we are disciples of Christ."The crowd below was heard cheering "Leo, Leo", before the new Pope spoke of the need for God and Christ.WATCH ABOVE.