17 Facts About Alberto Beneduce

Alberto Beneduce was an Italian politician, scholar and financier, who was among the founders of many significant state-run finance institutions in Italy.

Alberto Beneduce earned a mathematics degree from the University of Naples.

Alberto Beneduce was elected to the Chamber of Deputies in 1919 and 1921 representing the party from his hometown Caserta.

Alberto Beneduce managed to connect with high finance figures and to collaborate with the Italy's fascist regime.

Alberto Beneduce worked in different capacities, including statistician, teacher, demographer, agricultural and insurance specialist.

Alberto Beneduce was a university professor of statistics and demography until 1919.

Alberto Beneduce contributed to the establishment of the national institution of insurance, which was founded in 1912.

Alberto Beneduce was appointed head of two state-run credit bodies: Consorzio di Credito per le Opere Pubbliche in 1919 and Istituto di Credito per le Imprese di Pubblica Utilita in 1924.

Alberto Beneduce served as an economic advisor to Benito Mussolini.

In 1936 Alberto Beneduce 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.

Alberto Beneduce served in the post until 1939 when he became a senator in 1939, but he retired from politics and other public offices due to his health problems in 1940.

However, Alberto Beneduce retained his membership on the boards of various companies until his death.

Alberto Beneduce was an advocate of a company management approach based on the private-sector criteria and free from political influences.

Alberto Beneduce was a director of the leading companies, including Fiat, Pirelli, Montecatini, Edison and Generali.

Alberto Beneduce was instrumental in the nationalization of life insurance in Italy.

Alberto Beneduce had five children, three of whom were given names that reflected his socialist orientation: Idea Nuova Socialista, Italia Libera and Vittoria Proletaria.

Alberto 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.