Bradesco President, Luiz Carlos Trabuco is Shrewed, Determined and Highly Approachable

Luiz Carlos Trabuco is the current president of Bradesco. He has been working at the Brazilian bank for 58 years now. After joining the bank aged 18 as a clerk, he has earned numerous promotions up the ranks, ultimately leading him to the top position in 2009. A few of his achievements, in particular, have stood out over the years.

Marketing Director at 34

In 1985, having spent only 15 years at the bank, Luiz Carlos Trabuco assumed the position of marketing director. His appointment came a critical time for the bank. The competition was heating up in the industry, spurred on by the growing influence of technology in banking. To stay ahead of its competition, the Bradesco brand needed more visibility. Consequently, Trabuco heavily invested his time in building bridges between the bank and members of the press. With more media attention coming the bank’s way, members of the public started developing trust in the bank. Till this day, the client trust cultivated in the eight years served as marketing director has not waned.

Impressing at Bradesco Seguros

A decade and two promotions after his stint as marketing director, Luiz Carlos Trabuco was appointed the president of Bradesco Seguros. The insurance company was already the largest player in the market by the time he took over in 2003. That said, he did not see this as an opportunity to rest on his laurels and quickly set about growing the company further. His first year at the company was so impressive that he was even named the insurance personality of the year. However, even that award could not have prepared industry players for the extent to which Luiz Carlos Trabuco would improve the insurance company. By 2008, he had doubled the company’s value from R$32 billion to an estimated R$78 billion, making it the largest insurance company in Latin America. Additionally, the company ownership of the insurance policies grew to 25 percent of all policies in the market. Most importantly, the improved bottom-line under his tenure represented 35 percent of Bradesco’s earnings in 2008, compared to 26 percent the year before he took over.

Extended Tenure at Bradesco

After spending six highly successful years at Bradesco Seguros, Luiz Carlos Trabuco was in 2009 selected to become the president of the Bradesco Group. While his appointment coincided with a slowdown in the financial industry, he still managed to significantly grow the company – adding 211 new branches in by the end of 2009 alone. While organic growth does not have many associated risks, it is unfortunately very slow. Consequently, Luiz Carlos Trabuco has throughout the entirety of tenure been on the lookout for good acquisition opportunities. One such opportunity came in 2015 when Bradesco acquired the then fourth largest private bank in the country, HSBC for an estimated five billion dollars. The acquisition was the biggest deal of the year and significantly improved the bank’s future prospects. Owing to his effectiveness as Bradesco president, the bank’s board in 2016 decided to extend his tenure for a further two years, meaning that he will now retire in 2018, aged 67.

Personality

For a man of his stature, Luiz Carlos Trabuco has a very disarming personality. Those around him know him to be a humorous man when the situation allows it. Understandably, this is an important quality for a man of his position as many of those who approach him are already intimidated by his titles and achievements. The humorous nature helps calm people’s nerves, thus allowing them to speak freely.https://banco.bradesco/html/prime/sobre/nossa-historia.shtm

Luiz Carlos Trabuco As The Man Behind Bradesco’s Success

Luiz Carlos Trabuco is a celebrated business executive from Brazil. Currently, he is the president of Bradesco – the second largest bank in Brazil. Having been in the industry for nearly forty years, he is considered an authority in the banking and insurance business. Mr. Trabuco is also the chief executive officer of the Banco Bradesco SA. He has occupied this position since 2009.

Most political leaders and entrepreneurs look up to Mr. Trabuco for financial and insurance advice. Consequently, various media outlets recognize and appreciate his contribution towards the growth of the Brazilian economy.

Luiz Carlos Trabuco holds a firm stance on the role of the insurance sector in the economy of Brazil. He is positive that the future of the sector will be brighter if the government prioritizes the sector. He also believes that the insurance sector holds the key to a better social welfare and better living standards for the people of Brazil.

Mr. Trabuco began his career as a bank teller in 1959. At the time, Bradesco Bank had just been established and was still growing. His first year at the bank was very promising. His eagerness to learn and talent impressed his boss and other banking executives. He was promoted to the bank manager. Three years down the line he had risen through ranks from bank manager to district manager and eventually the regional director.

At that time Bradesco had become a major regional player in the banking industry and had opened numerous branches across Sao Paulo. In 1992, Luiz Carlos Trabuco’s skills grew tenfold, and his performance echoed at the highest levels of the corporation. He was given the mandate to improve the company revenues in the same year. Mr. Trabuco did not disappoint. Ten years later, he grew his Bradesco branch to become one of the most earning sections of the corporation. He produced a total of 30% of Bradesco’s profits.

In 2015 Luiz Carlos Trabuco made a massive deal which put Bradesco ahead in the private banking sector. With the consent of the President Council Lazaro Brandao, he acquired HSBC bank for $5.2 billion. The purchase was faced with protests from the regulatory bodies at first. However, it was settled in 2016, and Bradesco’s net worth surpassed that of Itau Unibanco. They became leaders with regards to networking, number of subscriber accounts, and total investments.

Mr. Trabuco was honored by being named the “Entrepreneur of the Year‘ in the 2015’s financial sector. He has also been named the corporate personality of the year twice- in 2003 and 2007. These awards have put him on a pedestal and made him one of the most important insurance executives in Brazil.

Luiz Carlos Trabuco’s leadership and managerial skills remain to be admired by a multitude. He identifies himself with the Bradesco culture owing to his several years of service in the bank. Trabuco is the vice president of the Institute of Studies in Supplementary Health. Additionally, he holds a philosophy degree from the University of Sao Paulo.

For more information about Luis Carlos Trabuco Cappi, just click here.

Greg Aziz, CEO, Chairman and President of National Steel Car Company

Gregory James Aziz has established National Steel Car as a Hamilton Canada based company that is dedicated to improving and supporting its community. National Steel Car Company and Gregory J Aziz have sponsored Theatre Aquarius, the United Way, the Hamilton Opera and several other charities such as the Salvation Army. Thousands of current and previous National Steel Car employees have attended the yearly company Christmas party and have helped with the yearly food drive that helps stock the shelves of local area food pantries. With a deep-rooted sense of appreciation for the surrounding community, Greg Aziz along with his wife sponsors the Royal Agricultural Winter Fair annually.

 

Mr. Greg Aziz was born in London Ontario in 1949. He attended Ridley College and later graduated from the University of Western Ontario with a major in economics. Right out of college in 1971 Greg began working for his family business. The Aziz family had a family owned wholesale food business. This business distributed fresh food products to grocery stores all across the United States and Canada the food distribution company grew over the sixteen years that Greg was working there and in the time expanded to import from central and South America as well as European imports.  Visit This Page.

 

Greg Aziz purchased National Steel Car from Dofasco in 1994. Greg has high expectations of transforming National Steel Car from the Canadian giant it already was to a worldwide leader in steal car manufacturing. Greg has a firm understanding of how strong the engineering capabilities of National Steel Car were. He was able to expand the company’s manufacturing from about 3500 rail cars annually to twelve thousand rail cars manufactured yearly. With the increase in rail car production came the increase of employment opportunities for National Steel Car. In the first twelve years of ownership, Greg Aziz increased his staff size from six hundred employees to over three thousand employees. National Steel Car has become an industry leader in new car design and innovation. Currently, National Steel Car is the only North America based railroad freight car, engineering and manufacturing company that is certified ISO 9001:2008. Under Greg Aziz’s leadership as chairman, CEO and President, National Steel Car has earned the TTX SECO highest quality award every year since 1996.