Miguel Galuccio to head YPF

President Cristina Fernández de Kirchner presented Engineer Miguel Galuccio as the new head of YPF, after enacting the law over the nationalization of the oil company.

The 44-year-old engineer resigned from IPM oil company management in London almost a month ago and has been appointed by the president during the rally held at the Government House on Friday.

"We want YPF with a professional profile," the Head of State assured during a televised speech.

Fernández de Kirchner also stated that an assembly will appoint the rest of the board of directors on June 4.