Ricardo Aldao became Argentine finance minister after he had studied law at the University of Buenos Aires. He served as President of the Argentine Olympic Committee from 1923-27. He served as President of several Argentine sports federations, including those for football, fencing, aeronautics, and shooting. His distance from Europe made it difficult for him to attend IOC Sessions and after Aldao was named to the IOC in 1923, he made only 2 of 23 sessions before he resigned in November 1949. At that time he was named an Honorary Member of the IOC, the first so designated.