Julio Emilio Velarde Flores (born 1 July 1952) is a Peruvian banker who has been Chairman of the
Central Reserve Bank of Peru since 7 September 2006.
Biography
Velarde attended
Universidad del Pacífico, where he gained a
B.A. in
economics graduating first of his class in
1974
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; f ...
. He obtained an
M.A. from
Brown University
Brown University is a private research university in Providence, Rhode Island. Brown is the seventh-oldest institution of higher education in the United States, founded in 1764 as the College in the English Colony of Rhode Island and Providenc ...
in 1977 and is a
Ph.D. candidate from the same university. Later, he made advanced studies of economics at the
Kiel Institute for the World Economy in 1990.
Between 1978 and 1983 Velarde worked as researcher and associate professor of economics at Universidad del Pacífico. In the 1980s he served successively as Manager of the Bank of Industry, Economic Advisor to the Minister of Industry and Financial Manager of the Central Mortgage Bank of Peru. In 1990 he was appointed member of the Board of Governors of the
Central Reserve Bank and Advisor to the Minister of Finance and from 1993 to 1999 he held senior positions at the National Institute for the Defense of Free Competition and the Protection of Intellectual Property, Financing Bank and Bank of Commerce.
Since 1986 he was a senior researcher and professor at Universidad del Pacífico. Head of the Department of Economics from 1994 to 1997, he was briefly Dean of the Faculty of Economics in 2003. Velarde was again member of the Board of Governors of the Central Reserve Bank between 2001 and 2003. This year he was named Executive President of the Latin American Reserve Fund, a post he held until 2006.
Associated with the
Christian Popular Party (PPC), he was head of the government planning committee for the
Lourdes Flores presidential campaign in the 2006 general election. Although his party lost the election, Velarde was nominated by the government to replace Óscar Dancourt as Governor of the Central Reserve Bank and elected by Congress on 7 September 2006. He has been ratified in office to exercise new terms after the elections of 2011, 2016 and 2021.
He has been named Central Banker of the Year 2015 by ''
The Banker'', Central Bank Governor of the Year 2016 by ''
LatinFinance
LatinFinance (written as single word, with an upper-case L and F) is a source of intelligence on the financial markets and economies of Latin America and the Caribbean.
Launched in 1988 and published from New York and Miami, with a network of cor ...
'', Best Central Banker of 2015 and 2016 by
Global Finance
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade finan ...
and Central Banker of the Year 2020 for the Americas by ''The Banker''. He was appointed Knight Grand Cross of the
Order of the Sun of Peru on 26 July 2011.
References
External links
*
{{DEFAULTSORT:Velarde, Julio
1952 births
Presidents of the Central Reserve Bank of Peru
Financial Conduct Authority people
University of the Pacific (Peru) alumni
Living people
Recipients of the Order of the Sun of Peru
20th-century Peruvian economists