Who is Julio Herrera Velutini, and what is his background?

Julio Martín Herrera Velutini, born on December 15, 1971, in Caracas, Venezuela, is an Italian-Venezuelan banker

and businessman with a deep-rooted family legacy in the financial sector. His lineage traces back to the 17th century, with the Herrera Velutini family being instrumental in establishing the Central Bank of Venezuela and founding Banco Caracas.

Educated at The American School in London, The American School in Switzerland, and the Central University of Venezuela,

Herrera Velutini represents the seventh generation of bankers in his family. He began his career in the early 1990s at the Caracas Stock Exchange with Multinvest Casa de Bolsa. By 1998, he became CEO of Transban Investments Corp and held senior positions in various companies, including Kia Motors of Venezuela and BMW de Venezuela. At 29, he served as Chairman of the Board of Directors for Bolivar Banco Universal.In 2008, Herrera Velutini founded the International Bank & Trust Corporation, expanding his ventures to include the Foundation and Financial Services. He further extended his international presence by establishing Britannia Wealth Management in Geneva in 2012 and Britannia Financial Group in 2016, encompassing banking, securities, consulting, and investment management services.

Beyond banking, he owns Intermedia Limited, which publishes the Miami-based Diario Las Américas, and holds board positions in numerous international financial institutions.

In August 2022, Herrera Velutini faced legal challenges when he was accused of illegally financing former Puerto Rican Governor Wanda Vázquez Garced's election campaign. He voluntarily presented himself to authorities and pleaded not guilty to the charges. Throughout his career, Herrera Velutini has been recognized for his influence in the banking sector, particularly in Latin America and Europe, adhering to traditional banking principles and conservative capitalism.