Zardari, 68, was the joint candidate of the Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) while his rival Mahmood Khan Achakzai, 75, was the candidate of the Sunni Ittehad Council (SIC), Indian Express reports.
The new president was elected by the electoral college of the newly elected members of the National Assembly and the four provincial assemblies, as per the provisions of the Constitution.
A businessman-turned-politician, Zardari is the husband of slain Pakistan prime minister Benazir Bhutto.
He received 255 votes while his opponent got 119, Pakistani media reported.
Achakzai is the head of his Pashtoonkhwa Milli Awami Party (PkMAP) and was contesting from the platform of the Sunni Ittehad Council (SIC), which came to prominence after independent candidates backed by jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) joined it.
RHM/PR