LONDON—The Italian government has named veteran banker Alessandro Profumo to lead aerospace and defense group Leonardo. Profumo will take over from Mauro Moretti in the coming weeks, as Moretti finishes up his three-year mandate at the company. The move is part of wider reshuffle of senior managers in Italy’s various state-controlled companies and institutions. Some 30% of Leonardo is owned by the Italian Ministry of Economy and Finance. Profumo was formerly chief executive of ...

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