Pedro Pablo Kuczynski assumed Peru’s presidency Thursday with a Cabinet that shares his Ivy League, pro-business pedigree, a reliance on technocrats that could become a liability as he deals with an unfriendly congress and a resurgent left.

The conservative Kuczynski has economics degrees from Oxford and Princeton and worked for decades on Wall Street and at the World Bank. His Cabinet reflects his preference for brains and the boardroom: It’s full of Ph.D.s from foreign universities and former captains of Peruvian industry.