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Michel Kafando formally starts one-year term after army strongman, Isaac Zida, hands over power.
Zida's appointment comes shortly after US and other powers praised progress towards civilian transitional government.
Former foreign minister Michel Kafando chosen in a key step towards elections after military takeover followed protests.
Army says interim civilian president to be declared by Monday, as political leaders sign transition deal in the capital.
Lieutenant Colonel Isaac Zida gives opposition until 12:00 GMT on Sunday to propose head of transition to civilian rule.
Army reaches deal with opposition, civil groups and religious leaders on blueprint to return country to civilian rule.
Mohamed Ould Abdel Aziz hold talks with army appointed Lieutenant-Colonel Isaac Zida over transition back to democracy.
Leaders from the army, activists, and opposition agree on elections but fail to elect head of transitional government.
Regional bloc calls on military to hand over power to interim government for guiding country to elections next year.
Lieutenant-Colonel serving as interim president says transfer of power to civilian leaders will be 'fast'.
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