Fredy Rolando Otárola Peñaranda (born 5 May 1961) is a Peruvian lawyer, notary and politician (PNP).

Eight years later, after his failed bid for the District Mayoralty of Huaraz, in the 2006 elections, he ran for Congress, and was elected on the joint Union for Peru-Peruvian Nationalist Party ticket, representing the Ancash Region.

In the 2011 elections, he was reelected for another five-year term, this time on the Nationalists-dominated Peru Wins list.

[3] During his tenure, Congress finally renewed the Constitutional Tribunal and the Board of the Directors of the Central Reserve Bank of Peru.

His term ended on 22 July 2014, in which, he was appointed Minister of Labor by President Ollanta Humala.