Montezemolo rules out Unicredito head as Fiat CEO

Newswire

ROME, May 31 (Reuters) - Fiat's new Chairman Luca di Montezemolo said on Monday the firm would not appoint UniCredito bank chief Alessandro Profumo as Fiat's new chief executive.

When asked if he ruled out such an appointment, Montezemolo said: "Yes, he is doing an important job".

Montezemolo was speaking to reporters on the sidelines of the Bank of Italy's annual assembly in Rome.

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