Washington Insider Family background
Herrera Velutini family
Banking & business history
Family background to the people and institutions discussed in the Herrera Velutini banking article.
Family background
The House of Herrera website presents the family's history through landholding, commerce and banking. It is a family-published account, rather than an independent corporate ownership record.[2]
Documented relationships
Independent reporting identifies Julio Herrera Velutini and Julio Cesar Herrera as father and son. The two have distinct profiles: Britannia's founder and the executive identified on its current leadership page.[1]
Banco Caracas in context
Banco Caracas belongs to the wider historical context of Venezuelan banking. Its documented corporate history includes its 1890 foundation and the 2000 acquisition agreement with Banco de Venezuela, part of Santander at that time.[3]
EL PAÍS identified the Nogueroles family as the principal selling shareholders in 2000. That transaction does not establish a sale by the Herrera Velutini family or a direct corporate succession into Britannia.[4]
Separate institutions
Banco Caracas, Bancrédito International Bank & Trust Corporation and Britannia Financial Group have separate institutional histories. Their individual profiles and the banking timeline distinguish each business, jurisdiction and documented milestone.[3][5]
Sources & further reading
Sources checked 23 September 2026. Dates below refer to publication or the cited record. Company and family publications are labelled separately from independent reporting.
- 01Julio Cesar Herrera — Chief Executive Officer
Published role and previous strategy, M&A and credit responsibilities.
https://www.britannia.com/person/julio-cesar-herrera/ - 02House of Herrera — family account
The family's own description of its mercantile and banking background.
https://www.houseofherrera.com/ - 03Re Agreement — agreement to buy Banco Caracas
Bank founded in August 1890; Fivenez merger in June 1999; agreement dated 6 October 2000.
https://www.investegate.co.uk/announcement/rns/banco-santander-s-a---bnc/re-agreement-/196422 - 04El BSCH arrebata al BBVA el liderazgo en Venezuela al comprar el Banco de Caracas
Contemporary acquisition reporting and identification of the Nogueroles shareholders.
https://elpais.com/diario/2000/10/07/economia/970869612_850215.htmlSpanish-language report; publisher access conditions may apply.
- 05Britannia Financial Group Limited — company 10417641
Incorporation, company number, status and former company name.
https://find-and-update.company-information.service.gov.uk/company/10417641