Italy's Treasury on Wednesday proposed Flavio Cattaneo to replace long-serving CEO Francesco Starace, and former Enel and Eni CEO Paolo Scaroni as chairman.

Shareholders are expected to ratify the nominations on May 10.

Fitch said the changes will have "no direct impact on Enel's credit rating", currently at BBB+ with a stable outlook, and added it expected new management to stick to the group's deleveraging strategy and, in particular, its asset disposal plan.

"From a credit perspective the priority (for Enel) remains the frontloaded execution of 21 billion euros ($23.21 billion) of net debt reduction," Fitch said.

($1 = 0.9049 euros)

(Reporting by Francesca Landini, editing by Alvise Armellini and Jason Neely)