Paolo Baffi


Paolo Baffi was an Italian academic, banker, and economist. He was the Governor of Bank of Italy from 1975 to 1979.

Biography

He was born at Broni. He became governor of the Bank of Italy in 1975, succeeding Guido Carli. His appointment was supported by both the government parties and the main opposition force, the Communist Party.
He resigned in 1979, after a failed accusation against him led by magistrates of the Tribunal of Rome, considered kin to the Caltagirone family 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.