Luiz Carlos Trabuco, Details Changes Of Executives At Bradesco

The AGO (Ordinary General Assembly) meeting is scheduled for March 12th 2018. The Central Bank mandates the announcement of the new president of Bradesco be made 30 days before the meeting. Luiz Carlos Trabuco the incumbent president of Bradesco since 2009, closed a $5.2 billion deal with the acquisition of HSBC, which added another factor, making this transition somewhat of a hot topic among finance professionals. Luiz Carlos Trabuco the sitting president will be ending his stretch of almost a decade as president.

Beginning his career with a degree in philosophy from the University Of Sao Paulo (USP), Luiz Carlos Trabuco started with Bradesco in 1969 as a bank clerk. In 1971 Luiz Carlos Trabuco moved to Sao Paulo, where he was promoted to Director of Marketing. In 1984 with Luiz Carlos Trabuco as the director of marketing, he promoted a more transparent environment allowing more access by the media to the operations of the financial services company. In 1992, Luiz Carlos Trabuco had moved on to become the Executive Director and President of the Bradesco’s private pension company until 1998. Luiz Carlos Trabuco would later in 1999 became the Executive Vice President and the Chief Executive of Bradesco. Luiz Carlos Trabuco was appointed president in 2009. In 2015 with the approval of the Chairman of Council, Lazaro Brandao, Luiz Carlos Trabuco secured a $5.2 billion deal to buy HSBC. Luiz Carlos Trabuco was labeled by Money magazine, Entrepreneur of the year. The $5.2 billion deal was the largest of 2105.

Read more on valor.com.br

Luiz Carlos Trabuco, has confirmed the appointment of Octavio de Lazari Junior as the 5th President of Bradesco. Octavio de Lazari Junior attended the Faculty of Economics and Administrative Science of Osasco, where he earned his graduates degree in Economics. Octavio de Lazari Junior also obtained a specialization in Financial and Marketing from the Fundacao Instituto de Administracao. Getting his first opportunity to work with Bradesco in 1978, Octavio de Lazari Junior never stopped excelling throughout his career. Agency Manager was Octavio de Lazari Junior initial title during the early years of his career. In 1998 Octavio de Lazari Junior was the Director of Credit. As the Director of Credit, Octavio de Lazari Junior put more focus on retail segments, midsize companies and small companies. In 2010 Octavio de Lazari Junior was the Department Director of Loans and Financing, and two years later in 2017, he would be Executive Officer and Vice President of Bradesco.

Now that Octavio de Lazari Junior will no longer be the vice president, Luiz Carlos Trabuco needed to fill that position. Carlos Alberto Rodrigues Guilherme has worked with Bradesco since he was 13 years old, has been confirmed to be the vice president of the council. Lazaro Brandao the 75 year economist handed in his letter of retirement to the council, marking the sunset of his career with the company.

Luiz Carlos Trabuco assured the full support by the company, of the new president, and his ability to lead Bradesco to new endeavors successfully.

See: https://www.istoedinheiro.com.br/o-bradesco-de-brandao-trabuco/

Luiz Carlos Trabuco Faithfully Leads Bradesco

Luiz Carlos Trabuco is a prime example of how the Brazilian bank known as Bradesco has successfully used their continuity and renewal program to fill top executive positions. He has spent several decades working his way up through various divisions until he was called upon to use his array of financial skills to manage the entire company. He has served as their CEO since 2009 after a very successful stint as Bradesco’s President of Insurance.

Trabuco, as he is known by associates, came into his own in Bradesco’s hierarchy when he assumed leadership duties of the Insurance portion of the business. He’d already enjoyed a fair amount of success in Marketing and Pensions before this assignment. However, his tenure with Insurance was marked by an extraordinary level of success.

He substantially increased Bradesco’s profits and revenues with his outstanding leadership. The profits generated by the Insurance division had a tremendous impact on the company’s overall prosperity and it was noted by Bradesco’s top management. He was also honored when he was named as the Insurance Personality of the Year on two separate occasions. He was the head of the Insurance division from 2003-2009 until he was tapped for the top position of CEO.

Luiz Carlos Trabuco also spent time leading Bradesco’s marketing efforts and his results here were also notable. He instituted publicity at Bradesco for the first time in the company’s history. Hitherto they had never spoken with reporters and Trabuco displayed a modern sense of leadership with this reform. The branding of Bradesco improved with increased publicity and the public was more conscious about the Bradesco brand.

A corporate university was another new idea put forth by Trabuco. Innovation has been one of his characteristics since he started with the bank and this idea was no exception. In this instance, personnel with a great aptitude for banking were able to receive promotions and given a stronger voice within the company. Trabuco, in consultation with other top managers, was able to determine those individuals with outsized potential. In this way, he was able to replenish the top managerial positions so that Bradesco had the next generation of leadership in place and ready.

His education was achieved at the University of São Paulo and he graduated from the Faculty of Philosophy, Science, and Letters. It was an unorthodox educational path, but his financial acumen cannot be questioned. A deep set of financial skills has enabled Trabuco to rise into his position of prominence.

Luiz Carlos Trabuco drew his first breath in 1951 when he was born in Marília. His work with Bradesco began in 1969 in his hometown, where he was a clerk. For two years he gained experience on the front lines and showed promise for banking and finance. He was then transferred to the headquarters in São Paulo and commenced upon a pattern of growth and development that continues to this day.

The duties of Trabuco as Bradesco’s CEO have a great weight of responsibility attached to them. He interacts with the top political and financial figures in Brazil and his opinion is often sought regarding complex, important economic matters. He may appear in various media outlets and some of the most expensive financial projects in Brazil are underwritten with Bradesco financing.

One milestone triumph that Bradesco achieved was engineered by Luiz Carlos Trabuco. Their purchase of the Brazilian branch of HSBC in 2015 was the largest deal in Brazil during that year. With one masterstroke, Trabuco had substantially improved the resources of Bradesco and it was equal to six years of organic growth. For this victory, Trabuco was named as the Entrepreneur of the Year in Finance by DINHEIRO. Luiz Carlos Trabuco is an excellent example of a CEO who’s effective and talented.

Learn more about Luiz Carlos Trabuco: http://www1.folha.uol.com.br/mercado/2014/03/1425150-luiz-carlos-trabuco-e-eleito-vice-presidente-do-conselho-do-bradesco.shtml