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Paolo Baffi (5 August 1911 – 4 August 1989) was an Italian academic, banker, and economist. He was the Governor of
Paolo Baffi (5 August 1911 – 4 August 1989) was an Italian academic, banker, and economist. He was the Governor of Bank of Italy
The Bank of Italy ( Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's cur ...
from 1975 to 1979.
Biography
He was born atBroni
Broni is a ''comune'' (municipality) in the Province of Pavia in the Italian region Lombardy, located about 45 km south of Milan and about 15 km southeast of Pavia.
Broni borders the following municipalities: Albaredo Arnaboldi, Barbia ...
. He became governor of the Bank of Italy
The Bank of Italy ( Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's cur ...
in 1975, succeeding Guido Carli
Guido Carli (28 March 1914 – 23 April 1993) was an Italian banker, economist and politician.
His father was the prominent fascist sociologist Filippo Carli.
Biography
He was the son of Filippo Carli (1876–1938), a university professor of ...
. His appointment was supported by both the government parties (in particular the Republican Party and Aldo Moro
Aldo Romeo Luigi Moro (; 23 September 1916 – 9 May 1978) was an Italian statesman and a prominent member of the Christian Democracy (DC). He served as prime minister of Italy from December 1963 to June 1968 and then from November 1974 to July 1 ...
of Christian Democracy, then president) and the main opposition force, the Communist Party
A communist party is a political party that seeks to realize the socio-economic goals of communism. The term ''communist party'' was popularized by the title of ''The Manifesto of the Communist Party'' (1848) by Karl Marx and Friedrich Engels. ...
.
He resigned in 1979, after a failed accusation against him led by magistrates of the Tribunal of Rome, considered kin to the Caltagirone family (a group of builders who had contracted heavy debts with the Bank of Italy) and Christian Democracy. Baffi died in Rome in 1989.
In March 1979, he was implicated in a judicial investigation into the lack of vigilance by the credit institutes opened by the deputy prosecutor of the Republic of Rome Luciano Infelisi and conducted by the investigating judge Antonio Alibrandi.
Honour
* : Knight Grand Cross of the Order of Merit of the Italian Republic (2 june 1965)Bibliography
* * * Soveria Mannelli, Rubbettino, 2011, . * Soveria Mannelli, Rubbettino, 2011, . * * * * * * *References