Julio Herrera Velutini

Julio Martín Herrera Velutini (born December 15, 1971) is an international banker.

Julio M Herrera Velutini
Born
Julio Martin Herrera Velutini

(1971-12-15) December 15, 1971
NationalityItalian
OccupationBanker

Beginnings and education

Velutini was educated at The American School in England (UK), La Scuola Americana in Svizzera (Switzerland). and at the Central University of Venezuela (graduated in 1990). He has over 25 years of banking experience,[1] and is part of a generation of bankers who were formed in the circle of the Caracas Stock Exchange at the Central Bank of Venezuela in the late 1980s and early 1990s.[2]

Ancestry

The Herrera & Velutini family (Los Amos Del Valle de Caracas) have had a great influence on Venezuelan and Latin American banking & real estate since 1590 (founding Hacienda La Vega in 1590) and in the late 19th century with the founding of Banco Caracas in 1890.[3][4] His great-grandfather Julio César Velutini Couturier chaired Banco Caracas until 1930. Later generations were all Chairman and senior managers of Banco Caracas for over 100 years until its sale in 1998.[2][4]

Banking career

In the early 90s he started working at the Caracas Stock Exchange in Multinvest Casa de Bolsa (a brokerage firm), of which he was a member of the board until 1998. In that same year he became CEO at Inversiones Transbanca (holding that results from the sale of Banco Caracas), becoming one of its major shareholders and the senior director of companies such as Kia Motors of Venezuela,[5] BMW of Venezuela, BBO Financial Services, Transporte de Valores Bancarios de Venezuela (Securities Transport firm), Bolívar Banco Universal (becoming at the age of 29 the Chairman of the Board of Directors), Banco Activo Banco Comercial, and Banco Desarrollo del Microempresario.[6]

In 2006, along with the board of directors of Inversiones Transbanca and his partners, Jose Herrera Velutini and Bélen Clarisa Velutini, Julio Herrera Velutini acquired companies such as Caracas Caja de Bolsa, IBG Trading, Banco Real[1] and Banreal International Bank, recovering what once was the holding of the Velutini family.[7]

From the beginning of 2007 until February 2009 he served as Chairman of the Board of Banco Real, and Banreal Holding, which was later sold in February 2009.[8] That same year he purchased Banco Nacional de Crédito (BNC)[9]

In late 2009 he founded Bancredito International Bank and Bancredito Foundation & Group in the U.S. In the beginning of 2012, he founded Britannia Financial Group in London and has acquired other financial institutions, such as Consultiva International Group. He also currently sits as a member of the board on several other corporations.[2]

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gollark: Yes, x86 sort of bad, ARM also horrible in similar ways.
gollark: My laptop spends something like 5 to 10 seconds in UEFI when booting. It *ruins* my boot times. I have to wait 25 seconds, it's ridiculous.
gollark: Also, glacially slow boots.
gollark: Instead you get Microsoft not allowing approved stuff to boot. Unless you disable that setting.

References
  1. "Banco Real llegó para los que buscan desarrollar su negocio". Magazine Digital. Retrieved July 11, 2014.
  2. "Tradición y Moderna Visión Bancaria". Plexus Lifestyle Magazine: 7–12. Cite journal requires |journal= (help)
  3. Zapata, Juan Carlos (1991). Dinero Diablo Buen Dios. Alfa. ISBN 9789806273160. Retrieved December 27, 2012.
  4. "Ofensiva de las familias de banqueros tradicionales en Venezuela". América Económica. October 1, 2004. Retrieved December 16, 2012.
  5. "Lo bueno, lo malo y lo peor" (PDF). VenEconomía Semanal. July 28, 2004. Retrieved December 26, 2012.
  6. El Banco de Desarrollo del Microempresario se sacudió los pobres y se metió a la realeza Archived 2014-07-14 at the Wayback Machine Retrieved on July 11, 2014.
  7. Zapata, Juan Carlos (October 30, 2009). "Así se compra un banco". Entorno inteligente. Retrieved December 26, 2012.
  8. "La trampa real". deInmediato. December 13, 2009. Archived from the original on June 21, 2012. Retrieved December 27, 2012.
  9. "BNC pasó a manos de Julio Herrera Velutini". Entorno Inteligente. October 14, 2009. Retrieved December 27, 2012.
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