MILAN: Italian truck and tractor maker Fiat Industrial and its US unit CNH said on Monday Massimiliano Chiara is taking over as chief financial officer from Pablo Di Si, who is leaving the group.

Chiara was previously chief financial officer and head of business development at Fiat Automobiles Latin America.

Fiat Industrial is in the process of buying the 12 percent of CNH it does not already own and plans to rename the combined entity CNH Industrial.