(Adds proposed new CEO of Terna)
By Gavin Jones
ROME, March 18 The Italian Treasury on Saturday
proposed that veteran banker Alessandro Profumo be named the new
chief executive of defence and aerospace company Leonardo
, in a round of new appointments at state-controlled
Profumo, who stepped down as chairman of troubled lender
Monte dei Paschi di Siena in August 2015, takes over
from Mauro Moretti, who has cut debt and streamlined the
company's business to focus on core activities.
However, Moretti's position was undermined when he was
sentenced in January to seven years in prison after being held
responsible for one of Italy's worst train accidents while he
was head of the state railways.
The CEOs of oil firm Eni and utility Enel
, respectively Claudio Descalzi and Francesco Starace,
were both confirmed for a new mandate, while Roberta Neri was
also confirmed as the head of air traffic controller Enav
The Treasury proposed that Matteo Del Fante, head of power
grid company Terna, be appointed CEO of the Post Office
, replacing Francesco Caio.
Caio, a former McKinsey manager, was appointed as CEO of the
Post Office in May 2014 to orchestrate the turnaround and
privatisation of the company as part of the reform agenda of
former prime minister Matteo Renzi.
However, while the government sold a 35 percent stake in
October 2015, plans to sell another minority stake, initially
due in autumn last year, have made no progress due to
disagreements within the ruling Democratic Party.
Sources also told Reuters the government was unhappy that a
consortium led by Poste Italiane pulled out of the race to buy
UniCredit's asset manager Pioneer, which has big
holdings of Italian government debt and ended up being sold to
Del Fante will be replaced as CEO of Terna by Luigi
Ferraris, who is currently the chief financial officer at the
Post Office and previously held the same position at Enel.
Most of the appointments were widely expected after leaks to
the press, and will all need to be confirmed by upcoming
shareholder meetings at the companies, but this is considered a
(Editing by Silvia Aloisi and Stephen Powell)