Alberto Beneduce

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Alberto Beneduce
University of Naples
Years active1900s – 1940
Political partyItalian Reformist Socialist Party
Children
  • Anna
  • Idea Nuova Socialista
  • Italia Libera
  • Vittoria Proletaria
  • Ernesto
Minister of Labor and Social Security
In office
4 July 1921 – 26 February 1922
Prime MinisterIvanoe Bonomi
Preceded byArturo Labriola
Succeeded byArnaldo Dello Sbarba

Alberto Beneduce (29 May 1877 – 26 April 1944) was an Italian politician, scholar and financier, who was among the founders of many significant state-run finance institutions in Italy.

Early life and education

Beneduce was born in

University of Naples.[1]

Career and views

Beneduce was a

fascist regime.[4] He worked in different capacities, including statistician, teacher, demographer, agricultural and insurance specialist.[4]

He was a university professor of statistics and demography until 1919.

cabinet led by Ivanoe Bonomi.[1]

Beneduce was appointed head of two state-run credit bodies: Consorzio di Credito per le Opere Pubbliche (Crediop) in 1919 and Istituto di Credito per le Imprese di Pubblica Utilità (ICIPU) in 1924.[5] Until 1939 he headed both institutions.[5] These institutions were later merged under the name of Istituto per il Credito Navale.[6]

In 1931, he was named as a board member of the

Istituto Mobiliare Italiano.[5] He also served as an economic advisor to Benito Mussolini.[7][8] In 1933, he was appointed by Mussolini as the head of the institute for industrial reconstruction (IRI), being the first president of the body.[4]

In 1936 he was simultaneously president of IRI, of the public credit institutions Crediop and ICIPU, of the Institute for Naval Credit, and a member of the Board of Directors of IMI and of the National Foreign Exchange Institute while in the private sector he was president of the Italian Society for Southern Railways. He served in the post until 1939[9] when he became a senator in 1939, but he retired from politics and other public offices due to his health problems in 1940.[4]

However, he retained his membership on the boards of various companies until his death.[4] He was an advocate of a company management approach based on the private-sector criteria and free from political influences.[3] Beneduce was also a director of the leading companies, including Fiat, Pirelli, Montecatini, Edison and Generali.[3]

Activities

Beneduce and Luigi Rossi recorded detailed statistics about Italian citizens, who had migrated to the US, but returned to Italy between 1905 and 1906.[10] Beneduce was instrumental in the nationalization of life insurance in Italy.[11] His activities in the finance sector of Italy shaped the industrial development of the country between the 1920s and the 1990s.[5] One of his significant activities in this regard was the reorganization of the bankrupted Italian banking system. In addition, he was the mentor of many eminent financiers and technocrats, who reconstructed Italy after World War II.[5] He also developed Mussolini's deflation policy.[12]

Personal life and death

Beneduce had five children, three of whom were given names that reflected his socialist orientation: Idea Nuova Socialista, Italia Libera and Vittoria Proletaria.[13] The other two children of him were Ernesto and Anna.[1] One of his daughter, Idea, married Enrico Cuccia, a significant financier.[14][15]

Beneduce died in Rome on 26 April 1944.[16]

Awards

Beneduce was awarded the Grand Officer of the Order of the Crown of Italy on 16 November 1918 and the Grand Cordon of the Order of the Crown of Italy on 5 January 1922.[1]

References

  1. ^ a b c d e f g "Dati anagrafici". Senato della Repubblica (in Italian). Retrieved 21 September 2020.
  2. ISBN 978-1-136-73829-6
    .
  3. ^ a b c "Beneduce, Alberto". Dizionario Biografico (in Italian).
  4. ^
    ISBN 978-0-8160-7474-7
    .
  5. ^
    ISBN 978-1-84720-696-1
    .
  6. ISBN 978-1-78195-421-8
    .
  7. ^ Franco Amatori; Andrea Colli (December 2000). "Corporate governance: the Italian story" (PDF). Targeted Socio-Economic Research. Archived from the original (PDF) on 24 September 2015.
  8. S2CID 257868776
    .
  9. S2CID 152472860
    .
  10. ISBN 978-0-8047-1117-3
    .
  11. ISBN 978-0-8014-8982-2
    .
  12. ^ "The Depression". Historical Boy's Clothing. Retrieved 31 May 2013.
  13. ISBN 978-3-593-36906-8
    .
  14. ^ Alessandra Stanley (24 June 2000). "Enrico Cuccia Is Dead at 92; Key Figure in Italian Banking". The New York Times. Retrieved 25 April 2013.
  15. S2CID 145770682
    .
  16. doi:10.3280/SPE2009-001003
    .

External links
Retrieved from "https://en.wikipedia.org/w/index.php?title=Alberto_Beneduce&oldid=1209102267"