Czech president Milos Zeman appointed the leader of Action of Dissatisfied Citizens movement, billionaire Andrej Babis as new Czech Prime Minister, Reuters reported.

The ceremony was held in Prague Castle on Wednesday.

The ANO won the Czech parliamentary election and received almost 30 percent of the votea, taking 78 out of the 200 seats in the Chamber of Deputies, noted Milos.

According to Czech president, Andrej Babis is the successful entrepreneur who managed to create a successful political movement and achieved significant success as Finance Minister.