Oscar-winning helmer Stefan Ruzowitzky (“The Counterfeiters”) is set to direct Zieger Film’s “Imilla — The Girl Who Avenged Che Guevara.”

The pic tells the true story of Monika Ertl, a German woman who joined Che Guevara’s guerrilla movement and ultimately assassinated the rebel leader’s killer.

Linda Ferri, who penned Nanni Moretti’s Palme d’Or winner “The Son’s Room,” is writing the script, based on German writer Juergen Schreiber’s book “Sie Starb Wie Che Guevara.”

The daughter of a German mountaineer and cinematographer, Ertl emigrated with her family to Bolivia as a teenager in 1953. Eventually growing angry at her father’s Nazi past and the great injustice she witnesses around her, she joined the National Liberation Army and fell in love with Inti Peredo, who became the leader of the militant organization that formed following Guevara’s death. Known as Imilla — Quechuan for “maiden” — among the guerrillas,...