Imbriani Longo

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Person.png Imbriani LongoRdf-entity.pngRdf-icon.png
(banker)
No image available (photo).jpg
Born1894
NationalityItalian
Italian banker

Giuseppe Imbriani Longo was Director-General of the Banco Nationale del Lavoro (BNL) in Italy from after World War 2 until 1967[1]

Career

He was a Bersaglieri during World War 1, where he got excellent references from his superiors. He also participated in the Italian expedition to Murmansk in 1919 against the Soviet government.[1]

Giuseppe Imbriani Longo, an engineer who first trained in the Italstrade and then The Istituto per la Ricostruzione Industriale (English: "Institute for Industrial Reconstruction") , held the helm of the BNL until 1967.

Imbriani Longo strengthened the role of BNL in raising savings and undertook a series of initiatives of great importance for the national economy such as: the loan granted to FIAT led by Vittorio Valletta for the modernization of production plants, aid in support of the South through the Cassa del Mezzogiorno and, in particular, financial support for Enrico Mattei's project, which was then crowned with success despite the initial hostility and disbelief of many, to found ENI challenging the so-called Seven Sisters.

During the management of Imbriani Longo, always remaining an institution with a public character, BNL made alliances with private companies, and opened offices in various countries around the world. As a consequence of this policy, BNL became the first bank in Italy in all rankings and ranked ninth among the most important banks in the world.[2]

In 1963 Imbriani Longo was the promoter of the cartel of banks which, in order to no longer compete on interest rates, concentrated on active and passive rates[2]

In 1966 the position of general manager passed to Alberto Ferrari.

 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/1957 February15 February 195717 February 1957US
St Simons Island
Georgia (State)
The earliest ever Bilderberg in the year, number 5, was also first one outside Europe.
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References

  1. a b https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/download/11042/10917/16317
  2. a b Napoleone Colajanni, Storia della banca italiana, Roma, Newton Compton, 1995