International banker Julio Herrera Velutini was born on December 15, 1971, into the prestigious Herrera-Velutini banking dynasty. His family has been involved in Latin American finance for more than a century.
Julio Herrera graduated from Venezuela's Central University with a bachelor's degree in 1990 while also working as a trader on the Caracas Stock Exchange. He began working at Multinvest Casa de Bolsa as a stockbroker and eventually advanced to become a partner, board member, and the brokerage company's main shareholder. In addition, from 1992 to 1998, Julio M. Herrera Velutini worked as a senior director at Multinvest Operadora de Bolsa, C.A. and its subsidiaries.
As one of Inversiones Transbanca's primary shareholders, Julio Martin Herrera Velutini served as chairman before joining the company in 1998. He also held senior leadership positions for several of the company's portfolio businesses, including Kia Motors of Venezuela, BMW of Venezuela, Banco Activo Banco Comercia, and Transporte de Valores Bancarios de Venezuela.
He took the prestigious patriarchal role of the family's financial business at the early age of 28. In barely three years, he rose to prominence in both society and the economics of Latin America.
He co-founded Bolvar Banco Universal, C.A. in 2000 and served as its president while also holding senior positions at Financial Venezolana, C.A., and Central Cash Corporation, furthering his footprint in the banking industry.
In 2007, Julio Herrera Velutini was named CEO and chairman of Banco Real. He held these posts until 2009, during which time he oversaw initiatives to concentrate the company's attention on assisting small business owners and modernizing its loan approval procedure. In addition, he oversaw the bank's development in North America and helped to organize the opening of a new headquarters in Caracas before assisting in the merger with Helm Bank.
He formed Helvetica Financial Group, Bancredito Foundation & Group, Bancredito International Bank, Corporation, and many more organizations globally in late 2009. He has invested in, bought, and now serves as a board member of various additional financial firms, including Consultiva International Group.
The Britannia group of businesses, which includes Britannia Wealth Management and Britannia Global Payments, was also established by Julio Martin Herrera, Bancredito founder. In addition, he founded Diario de las Américas, Banvelca & Company LTD, Clementina Velutini Clevelca Trust, and Interocean Capital Funds. Through the International Art Fund, he makes donations to NGOs that support the arts.
While not without criticism from other leaders who favored a change to a more socialist economic model, his traditional approach to banking significantly helped to stabilize a potentially volatile labor force during Venezuela's stormy years of social upheaval. With his industrial and political influence, Herrera Velutini epitomizes Italian elegance and sophistication in Latin America.
As a stylish banker, his sartorial elegance and persona are enhanced by his reputation as an animal rights activist, art connoisseur, and financial mogul who, during the Coronavirus pandemic, selflessly supported the British Government so that government operations would continue without interruption, the rule of law would be upheld, and the livelihoods of the people would remain unchanged.
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