The majority of Julio M. Herrera Velutini's formative years were spent in New York. Later, he attended both The American School in Switzerland (TASIS) and The American School in England (TASIS England). Later, he returned to Venezuela to finish his undergraduate studies at Universidad Central de Venezuela.
In 1991, Julio Herrera Velutini began working as a stockbroker at the Multinvest Casa de Bolsa, a brokerage house located at the Caracas Stock Exchange. He acquired stockholders, including George Soros' family ownership, eight years later, at the age of 28, when he was already a powerful worldwide figure, to become the company's majority shareholder. He was also a board member.
He was named CEO of Inversiones Trans banca the same year, and Transban Investment Corporation, a family-owned business that was formed following the sale of Banco Caracas, made him one of its primary stockholders. As a result, he was able to advance to the position of senior director in several major corporations, including Kia Motors of Venezuela, BMW of Venezuela, BBO Financial Services, Transporte de Valores Bancarios de Venezuela (a firm that transports securities), Banco Activo, Banco Comercial, and Banco Real. At the age of 29, he was appointed Co-Chairman of the Bolivar Banco Universal Board of Directors. From early 2007 to February 2009, he presided as Banco Real's and Banreal Holding's board chairman.
Bancredito International Bank in the United States in late 2009 by Julio Herrera Velutini. Bancredito Foundation was another establishment along with the International Bank. In London and Switzerland at the start of 2012, he established Britannia Financial Group. He presently serves on the board of directors for numerous more businesses.
He was named CEO of Inversiones Transbanca the same year, and Transban Investment Corporation, a family-owned business that was formed following the sale of Banco Caracas, made him one of its primary stockholders. As a result, he was able to advance to the position of senior director in several major corporations, including Kia Motors of Venezuela, BMW of Venezuela, BBO Financial Services, Transporte de Valores Bancarios de Venezuela (a firm that transports securities), Banco Activo, Banco Comercial, and Banco Real. At the age of 29, he was appointed Co-Chairman of the Bolivar Banco Universal Board of Directors.
Bancredito, a bank focused on private banking, corporate banking, and institutional banking with a large number of customers from Latin America, was established in Puerto Rico by Julio M. Herrera Velutini in 2009. Bancredito has more than 100 workers and a capitalization of more than $60 million. He is the board chairman at the moment.
All these achievements of Mr. Velutini are just a glimpse of their career where he excels with flying colors and added a new chapter in the House of Herrera. Julio’s achievements list can’t be harnessed in one blog, that’s why we are ending this blog here with a note to the audience to connect with us in the next part of Julio Herrera’s career.