Pompeo D'Ambrosio

Pompeo D'Ambrosio was born in San Marco Evangelista (near Salerno, Italy) on January 1, 1917 and died in Caracas (Venezuela) on April 15, 1998.

He was very renowned in the Italian community of Caracas and was very active - with his financial activity in one of the main Venezuelan banks ("Banco Latino") - for the promotion of many success stories of Italian entrepeneurs in Venezuela.

He was even financial manager of the Deportivo Italia, the soccer club of the Italians of Venezuela, during the best "golden" years (in the sixties and seventies) of this team. Those years, when he ruled the team with his brother Mino, are remembered as the "D'Ambrosio Era".

Life

In the late 1930s Pompeo D'Ambrosio studied "Administration of Italian Colonies" at the Royal University of Napoli. During WWII he was Lieutenant of the Italian Army in North Africa (Libya and Egypt), where was wounded and made POW in the Battle of El Alamein receiving a military Medal of Honor.

When he returned to Italy from an Allied Prisoner of War Camp in Egypt, in 1946 co-founded in Salerno the local section of the Movimento Sociale Italiano, a fascist Italian Party.

Influence in the Italian community of Venezuela

In 1951 Pompeo D'Ambrosio moved to Venezuela, where started to work as Director of the "Banco Francés e Italiano" (called later "Banco Latino") [Vannini, Maria. "Italia y los Italianos en la historia y en la cultura de Venezuela". pag.58] , financing the Italian community of Caracas, Maracaibo and Puerto La Cruz.

Many companies of Italian-Venezuelans, like "Vinccler" and "Constructora Delpre" (that made the skyscrapers of the Parque Central Complex, actually the tallest of South America), received his experienced advice and financial help in order to grow at the first levels of the Venezuelan economy.

He was even co-founder of the "Casa de Italia" and the "Centro Italo-Venezolano" of Caracas, and participated in many other associations for the health and social assistance of the Italians with low level income. Santander Laya-Garrido cites him, in his book "Los Italianos forjadores de la nacionalidad y del desarrollo económico en Venezuela" (The Italians creators of the nationality and the economic development of Venezuela), as an example of honesty and dedication to the community [Santander Laya-Garrido, Alfonso. "Los Italianos forjadores de la nacionalidad y del desarrollo económico en Venezuela". pag 85] .

His honesty made him to fight the growing but corrupted power of Pedro Tinoco (and his group called "Twelve Apostles") when became President of the Banco Central de Venezuela. But in the eighties D'Ambrosio was forced to resign by Tinoco from the Banco Latino, a bank that was - soon after his resignation - involved in the biggest financial crisis of Venezuela [http://en.wikipedia.org/wiki/Rafael_Caldera#Economic_Crisis] .

When the Banco Latino went bankrupt in 1994, Pompeo D'Ambrosio received an outstanding applause (appeared on all the Venezuelan media) from the "Association of Employees of the Bank", during a conference denouncing the corruption of Tinoco and his group (Siro Febres Cordero, etc..) [http://www.aipenet.com/Indice/article.asp?Articulo_Id=1361] .

Furthermore, Pompeo D'Ambrosio is mainly remembered by the Italian community of Venezuela because of his "D'Ambrosio Era", when ruled with his brother Mino the Deportivo Italia (from 1958 to 1978, when the soccer started to be important in Venezuela).

The "D'Ambrosio Era" of the Deportivo Italia

In 1958 Mino D'Ambrosio took control of the Deportivo Italia and with his brother Pompeo D'Ambrosio (who financially controlled the team) made the soccer team of the Italian community reach the top level in the Venezuelan football.

The "D'Ambrosio Era" of the team lasted twenty years until 1978 and was characterized by four Champeonships of the Primera División Venezolana and the famous "Maracanazo" of 1971 (when the Deportivo Italia won in the Stadium Maracana of Rio de Janeiro the Fluminense, Champion of Brasil). The team obtained even three times the Copa de Venezuela: in 1961, 1962 and 1970 (and was Runner-up in 1976). Furthermore, the team participated six times to the South American Copa Libertadores: in 1964, 1966, 1967, 1969, 1971 and 1972.

The sixties were the "golden" years of the Deportivo Italia, because they were Venezuelan Champions in 1961, 1963 and 1966. The fourth title for the team was obtained in 1972 (and was Runner-up in 1965, 1968, 1969, 1970, 1971).

Indeed, between 1961 and 1972, every year the Deportivo Italia of Pompeo and Mino D'Ambrosio obtained a first or second place in the Venezuelan Championships (and/or a good performance in the South American Copa Libertadores).

Additionally - in those golden years of the "D'Ambrosio Era" - the Deportivo Italia won in international tournaments some renowned European teams (like the Milan of Italy in 1968) and was the first Venezuelan team - in all the history of the Venezuelan soccer - to reach the second round of the Copa Libertadores (in 1964). [http://en.wikipedia.org/wiki/Copa_Libertadores_1964]

References

Bibliography

* Santander Laya-Garrido, Alfonso. "Los Italianos forjadores de la nacionalidad y del desarrollo economico en Venezuela". Editorial Vadell. Valencia, 1978.
* Vannini, Maria. "Italia y los Italianos en la historia y en la cultura de Venezuela". Oficina Central de Informacion. Caracas, 1966.
* Velásquez Ramón. J., Silva Carlos Rafael. "El Ejecutivo Nacional y la Intervencion del Banco Latino". Talleres Gráficos de Joaquín Ibarra/Impresores. Caracas, 1994.
* Zapata, Juan Carlos. "Dr. Tinoco. Vida y muerte del poder en Venezuela". Colección Claroscuro. Caracas, 2006.

ee also

* Deportivo Italia
* Italo-venezuelans