Roel Velasco (born June 26, 1972, in Bago, Negros Occidental) is a retired boxer from the Philippines.

He represented his native country of the Philippines at the 1992 Summer Olympics in Barcelona, Spain, where he won the bronze medal.

He is the elder brother of Mansueto Velasco, who won the silver medal at the 1996 Summer Olympics in the same weight division.

Roel won the silver medal at the 1997 World Amateur Boxing Championships.

Roel Velasco is the only Filipino to win a medal in the Goodwill Games by snatching the bronze in the light-flyweight division in boxing in the 1998 New York edition.