Enrico Bondi, responsible for steering Italian dairy group Parmalat from bankruptcy in 2003 to its relisting last month, is set to take over as chief executive of the company after Parmalat's largest shareholders elected not to block his appointment.

Bondi was voted in at a Parmalat shareholders' meeting last night after Capitalia, Parmalat's largest shareholder, and a quorum of other banks decided not to register for the meeting.