UPDATE 1-Finland's Centre Party says leader Katri Kulmuni will be finance minister

Finland's Centre Carty said on Monday its leader Katri Kulmuni would be named finance minister in a new coalition cabinet due to be appointed this week.

The government resigned last week after the Centre Party said it had lost confidence in Social Democrat Prime Minister Antti Rinne over his handling of a postal strike. The five parties in power decided to stay in coalition and continue with the same programmes but said they would change some ministers. Under the terms of the coalition, the Centre Party names the finance minister.

32-year-old Kulmuni has been Minister of Economic Affairs since June, and she took over as the head of the Centre Party from ex-prime minister Juha Sipila in September. On Sunday the Social Democrats named transportation minister Sanna Marin to become the country's youngest prime minister ever, taking over after the resignation of Rinne.

The 34-year-old Marin, whose party is the largest in a five-member governing coalition, will be the world's youngest serving prime minister when she takes office in the coming days.