Julio M Herrera Velutini
Experienced financial executive Julio Herrera Velutini traces his family's history in banking back to Julio Antonio Velutini Ron. In 1890, Mr. Velutini Ron, established Banco Caracas, to be followed in 1910 by his son, Julio César Velutini Couturier. Julio Herrera Velutini holds this ancestor in high regard due to the great strides he made as President of the bank, such as consolidating the bank’s many stocks and printing its own currency up until the formation of Banco Central de Venezuela. Also, Mr. Velutini Couturier was only 30 when he stepped up to lead Banco Caracas, which proved to Mr. Herrera Velutini that he could accomplish anything through hard work, intelligence, and drive.
In continuing his family’s banking legacy, Mr. Herrera Velutini applies the lessons that he learned from generations of strong examples by helping others to realize their own dreams. He recalls one occasion where a group of Portuguese entrepreneurs applied for credit to open a business. When asked what collateral they could provide, the entrepreneurs pledged their hard work and sound morals. Banco Caracas gave the group a credit line based on good faith, and watched as they grew into one of the nation's most important groups of businesses.
Today, Mr. Herrera Velutini chairs the Board of Directors for a new venture, an International Bank Corporation. He previously led Banco Real in Caracas as a Director and Chairman. During his tenure, the financial institution planned to open additional branches in Valencia, Puerto Ordaz, Maracay, Barquisimeto, and Caracas. Banco Real focused on lending to small and medium enterprises, as well as micro-entrepreneurs.
No matter his position, Julio Herrera Velutini operates on an established foundation of a strong work ethic, motivation, and a willingness to judge others by their merits.
In continuing his family’s banking legacy, Mr. Herrera Velutini applies the lessons that he learned from generations of strong examples by helping others to realize their own dreams. He recalls one occasion where a group of Portuguese entrepreneurs applied for credit to open a business. When asked what collateral they could provide, the entrepreneurs pledged their hard work and sound morals. Banco Caracas gave the group a credit line based on good faith, and watched as they grew into one of the nation's most important groups of businesses.
Today, Mr. Herrera Velutini chairs the Board of Directors for a new venture, an International Bank Corporation. He previously led Banco Real in Caracas as a Director and Chairman. During his tenure, the financial institution planned to open additional branches in Valencia, Puerto Ordaz, Maracay, Barquisimeto, and Caracas. Banco Real focused on lending to small and medium enterprises, as well as micro-entrepreneurs.
No matter his position, Julio Herrera Velutini operates on an established foundation of a strong work ethic, motivation, and a willingness to judge others by their merits.