A veteran of the Venezuelan financial industry, Julio M. Herrera Velutini currently serves as the chairman of the board for an international bank based in Puerto Rico, with additional offices in Florida. But one might actually say that he was born to be a banker. Historically, Julio M. Herrera Velutini’s family played an instrumental role in the development of banking in Venezuela by establishing Banco Caracas, a major financial institution in the country, which funded the nation’s industrialization. In addition, his family provided for the adoption of paper currency before the establishment of Banco Central de Venezuela.
A native of Caracas, Julio M. Herrera Velutini was educated at The American School in England and The American School in Switzerland. He returned to his home country for his college education at the Universidad Central de Venezuela. Subsequently, he launched his career at Multinvest Operadora de Bolsa, C.A., as a stockbroker and quickly earned a promotion to the role of senior director. Eventually, he became an equity partner and majority shareholder in the company before assuming executive positions at other financial institutions.
