The Impact Of Luiz Carlos Trabuco On The Growth And Development Of Bradesco Bank

Luiz Carlos Trabuco is one of the most influential persons who have contributed to the growth of Bradesco Bank over the years. His history and work experience at the company shows that he is one of the most hardworking and committed employees in the company since he started working there since he was a teenager. His journey to success has not just been so simple, but he has been committed to making sure that he attain his dreams is one of the senior members of the company.

He joined Bank Bradesco many years ago where he started working as a clerk. During this time as a clerk, he assisted in increasing the company’s enclosure to the social media and its communication systems. This helped to increase the market share of the company which in return helped to increase the profits of the company.

Due to his reputation, he continued to be promoted to the higher ranks in the company where he became the marketing director of Bradesco Bank. Luiz Carlos Trabuco hard work and commitment remained consistent which made him be appointed as the managing director of the whole company. After some years of operation, he was named as the president of the Bradesco Seguros which is one of the segments of Bradesco Bank. During this time, ensuring that he put more efforts to prove to the management was not wrong to give him this position. He helped improve the income of the segment too much higher levels that were unexpected and this generally led to the increase in the net profits of the whole firm.

Read more: Próximo presidente do Bradesco sairá da diretoria do banco, diz Trabuco

According to oglobo.globo.com Luiz Carlos Trabuco also introduced the company’s shares at the New York Stock Exchange Market, and this is one of the reasons why he is said to have left a legacy in the growth and development of the company since the market share of the company increased ever since.

He was later elected as the Chief Executive Officer and the president of the firm where he worked until his retirement. During this time, he continued to build the name of the company and increase its market shares through advertisements and other market promotions that would attract clients from all over the world. He also became one of the award winners of the Isto E Dinheiro Magazine Award as the best entrepreneur of the year. Due to his reputation, he was even the extended his retirement age since the company needed his support for more development.

When the time came for his retirement, he announced his replacement by Mr. Octavio De Lazari Junior early this year who was elected after a formal meeting with the board of directors. The company needed a person who would be able to maintain the company’s position in the market and because of Mr. Octavio’s knowledge and expertise and also his reputation in the company as the former vice president the board could not hesitate to appoint him as the next president. Luiz Carlos Trabuco said that the company needed a person with the knowledge and expertise of technology to help the company grow even more.

Learn more about Luiz Carlos Trabuco: https://www.istoedinheiro.com.br/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/

Lazaro Brandao Has Passed On The Ultimate Leadership Mantle At Bradesco To Luiz Carlos Trabuco

It is often said that nothing is constant but change. In the last few weeks, great changes has visited upon the doors of large Brazilian bank, Banco Bradesco. The bank’s long-serving chairman, Lazaro Brandao announced that he would be leaving the bank, with his post being taken up by Luiz Carlos Trabuco. Mr. Trabuco has been the Bradesco president for the last nine years.

Calling an End to a Glistening Career

After being one of the foremost bankers in Brazil for the last few decades, Lazaro Brandao finally decided to resign from the position of Bradesco in early October. His professional journey is quite similar to that of the bank. He joined Bradesco as a clerk, aged only 16 in 1943 – the same year it was founded by Amador Aguiar.

He grew to become of Aguiar’s most trusted employees and was consequently selected to take over as president from him when Aguiar decided to vacate the seat. He was again the one selected to take over as president from Aguiar in 1990. He concurrently held the two most senior leadership positions at the bank for nine years.

During his time at Bradesco, Lazaro Brandao cultivated a reputation for nurturing talent at the bank. Both Marcio Cypriano and Luiz Carlos Trabuco, the last two presidents at the large bank, were greatly mentored by Brandao. He popularized the practice of selecting senior leaders from among the talent within the Bradesco brand. Today, this practice is ingrained in the Bradesco culture, and it is already expected that the next president will be chosen from among the employees at the bank.

Read more: Trabuco will assume the presidency of Bradesco’s board; bank to appoint new chief executive in March


Selecting a New President Top Candidates

With Luiz Carlos Trabuco taking over as chairman, his previous post of Bradesco president has now become vacant. The incoming president will become only the fifth president at the second largest lender in the country in its entire history. However, there is no haste in selecting the new president. The bank’s bylaws mandate that the next president will be selected earliest in March 2018. Until then, Luiz Carlos Trabuco will become only the third person in Bradesco’s history, after Amador Aguiar and Lazaro Brandao, to hold the positions of president and chairman at the same time.

Luiz Carlos Trabuco as Chairman

Luiz Carlos Trabuco is expected to assume the duties of board chairman immediately. Like Lazaro Brandao before him, Luiz Carlos Trabuco has also come a long way to get to the top at Bradesco. He started out at the bank in 1969 as a clerk.

Over the course of the next four decades, he went through a series of fast promotions that included at certain points being the marketing director and president of Bradesco’s largest subsidiary, Bradesco. His diligence and unquestionable work ethic got his selected to the position of Bradesco president in 2009, where he has been serving for the last nine years.

In addition to overseeing the process of selecting a new president, one of the earliest responsibilities of Luiz Carlos Trabuco as chairman will be to oversee the expansion of the board. The current Bradesco board is seen by many to be too small for the large bank.

Additionally, being a private bank, some of the board’s members are family descendants of founder, Amador Aguiar. As such, there has been a lot of talk of possibly expanding the board in the coming weeks. With the board being expanded, there will no longer be a need for the president to have a seat on it. Consequently, the incoming president will be able to concentrate all his/her energies towards overseeing all the executive functions at the bank.

Find more about Luiz Carlos Trabuco: https://economia.estadao.com.br/noticias/geral,prisao-dos-irmaos-batista-nao-impactam-risco-da-jbs,70001996105