Italy's Saipem S.p.A. announced Tuesday that it has appointed Eni S.p.A.'s Head of Planning and Control Giulio Bozzini as chief financial and strategy officer (CFSO), with responsibility for administration, finance and control, ICT and strategy.

The firm said Bozzini, who has already worked in a number of important managerial roles at Saipem, will take over from Alberto Chiarini as chief financial officer and manager responsible for the preparation of financial reports.

Saipem said Chiarini will ensure a smooth and effective handover before moving on to a new position at Eni.

Meantime, Saipem Board of Directors has appointed Executive Vice President for Planning, Administration and Control Mariano Avanzi as “manager responsible for the preparation of financial reports” pursuant to article 154-bis of Italian Legislative Decree no. 58/1998.

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