Julio M. Herrera Velutini has more than 20 years’ experience in international banking, and he currently manages a major banking institution based in Puerto Rico. A hobbyist diver in his free time, Julio M. Herrera Velutini also enjoys taking advantage some of the location’s world-renowned diving sites.
Recognized by scuba divers as one of the most diverse locales in the world, Puerto Rico features an abundance of outstanding places to dive. Mona Island (Isla de la Mona) is the third largest and most distant island in the Puerto Rican archipelago and arguably one of the most beautiful. Uninhabited for more than 50 years, Mona Island is a protected 14,000-acre nature reserve hosting over 100 endangered species, including the Mona iguana, dolphins, and giant sea turtles. Its rich wildlife diversity has rightfully earned it the moniker the “Galapagos of the Caribbean.” Rising out of some of the deepest waters in the region, the mostly limestone landmass features a virtually untouched reef and countless miles of underwater caverns. To this day, the island’s only residents are employees of Puerto Rico’s Department of Natural and Environmental Resources, although it remains open to able-bodied tourists and divers who can manage the 40-mile boat ride.
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With a family history of more than 12 decades in the financial industry, Julio Herrera Velutini is a prominent banking professional in Venezuela. Julio M. Herrera Velutini serves as chairman of the board of an international bank in Puerto Rico, and formerly led as chief executive officer of a financial institution based in Caracas, Venezuela.
The official currency for Venezuela is the bolivar, also commonly referred to as bolo and luca. With a currency symbol of Bs, the Venezuelan bolivar has an inflation rate of 56.2 percent as of September 2014. In 2010, the Venezuelan government established a two-tiered official exchange rate system, which includes non-essential and essential rates. Non-essential rates are placed on imports and are set at 4.3 bolivares per dollar. Essential goods have a lower rate of 2.6 bolivares per dollar. Determined by the government, essential goods consist of expenses related to culture, health, sports, and scientific investigations; remittances to relatives settled abroad; and currency conversions for diplomatic activities. |
AuthorMr. Velutini has experience with both established banks and young banks. S Archives
December 2017
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