The Catholic Church has a new leader, the first Pope from the Americas.
Argentinian Cardinal Jorge Mario Bergoglio, 76, Archbishop of Buenos Aires, has been elected the 266th Pope and has chosen to be known as Pope Francis.
Scott Pelley discussed this significant event with CBS News Vatican Consultant Monsignor Anthony Figueiredo and Delia Gallagher, from Inside the Vatican magazine.
Scott Pelley: "Monsignor, you knew the Cardinal before he became Pope today, is he the man for the times?"
Monsignor Figueriedo: "There are two great challenges for the church today. To reach the hearts of people, this man knows how to reach the hearts of people."
"He lives with the poor, he lives very simply, he visits people who have AIDS. He travels by the tram, by the subway. So he's an authentic man. The second great challenge is truly to reform the courier. He's not a man of the courier. He's a reformer. Taking the name Francis, Francis re-build my church. This is what this man knows he has to do."
SP: "The courier being the administration of the Vatican, the cabinet for the Pope, if you will."
MF: "Absolutely and that's what came out in these meetings. We need a man who is not a man of the courier but will have the courage to make reforms."
SP: "Delia, this is the first Pope who is from the Jesuit order. For our viewers who aren't Catholic, what does that mean?"
Delia Gallagher: "Well it's unusual because the Jesuits are one of the orders of the church, like the Dominicans like the Franciscans, that don't generally get involved in the administration of the church, so they don't become Bishops or Cardinals or indeed Pope. It has happened of course, but it is unusual."
"And the Jesuits in particular have been known for their power already within the church. And so in fact the head of the Jesuits is known as the black pope because they wear black vestments and he tends to have the power of a kind of pope."
"Because the Jesuits, as we know are well-known for their schools, for their universities, so they're considered a very powerful organization within the church. So that makes it unusual."