Bruno Visentini

Bruno Visentini (August 1, 1914 – February 13, 1995) was an Italian politician, senator, minister, lecturer and industrialist.

Biography

Visentini was born at Treviso.

He graduated in law at the Padua University and joined anti-fascist student associations. In 1941 he emigrated to France, where. in 1943, he was arrested and released after July 25, the day of resignation of Benito Mussolini. He was the co-founder of Action Party (Partito d'Azione) with Ugo La Malfa and took part to the resistance against the German occupation in Veneto and in Rome.

In 1946 he abandoned the Action Party and joined the Italian Republican Party (PRI). He was also appointed professor at the University of Urbino. In December 1945 Visentini was nominated undersecretary for Minister of Finance in Alcide De Gasperi's first cabinet. In 1950 he became vice-president of the Institute for Industrial Reconstruction (IRI), a position he held until 1970; while at IRI, he was chairman of Olivetti (1963 - 1982, with a short interruption).

In the 1972 election Visentini was elected as a Member of Parliament for PRI. Two years later he was elected vice-president of Confederation of Italian Industry (Confindustria) but on November 23 he resigned to become Minister of Finance in Aldo Moro's fourth government, during which he launched a program of reforms of the fiscal system. In the 1976 election Visentini was elected Senator and in 1979 he became vice-premer and Minister for budget in Giulio Andreotti's fifth government after Ugo La Malfa's death until. He resigned in the following July. He was again Minister of Finance when Bettino Craxi had tenure as Italian Prime Minister in the 1980s.

He was president of his party from 1979 to 1992, Member of the European Parliament twice (elected in 1979 and 1989), and also re-elected senator in the 1983, 1987 and 1992 elections. Later he left PRI and was elected at Italian Senate with Alliance of Progressives led by Achille Occhetto in the 1994 election.

He died in Rome in 1995.