Luiz Carlos Trabuco primary goal was to serve the municipalities to the best when he was made the president of Bradesco in March 2009. With the approval of the bank’s chair of the board, Lazaro Brandaohe bought the Brazilian bank HSBC for $ 5.2 billion in the most significant business deal in 2015. A sum of the market shares makes Banko de Deus Bank in Osasco outperform Itaú Unibanco in three things: branch channels, number of account holders and total endowment funds. In another three, it is close to the rival: assets, deposits, and loans granted. The acquisition makes Bradesco reopen the fight for leadership in the private segment.
Luiz Carlos Trabuco began working in the company in 1969, going through the employment chain. He was later made the president of Bradesco Seguros between 2003 and 2009. In this department, he contributed to 30% of the profits until he created corporate universities which sought renewal of leadership cadres thus leading to Carlos getting more recognition in the bank. Luiz Carlos Trabuco wakes up early in the morning and retires late in the night but unknown to many, he extends his work during dinners. Luiz Carlos had been tipped to become the next minister of finance by President Dilma Rousseff but declined the offer offering to continue working for Bradesco. He is considered as the soul of the bank.
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Trabuco received the entrepreneur of the year award in finance by money because he was able to take on what would have taken six years to achieve through organic growth. The purchase was not fully complete. However, Bradesco would receive a green light in the first quarter of 2016. Luiz Carlos was born in Marilla in 1941; Luiz Carlos Trabuco graduated from the faculty of philosophy, science, and letters of the University of Sao Paulo.
Carlos Luiz commands the party that is responsible for 40% earnings of Bradesco. In the six decades that Bradesco has been operational, it has only had three presidents, the founder, Amador Aguiar, the chairman of the board of directors, Lazaro Bradao and Cyprano who left the institution in 2009. His name as an insurer is so vast and one of the most important to take place, Marcio Cyprano, is the current president of the most massive bank in Brazil.
learn more about Luiz Carlos Trabuco: https://g1.globo.com/economia/negocios/noticia/sucessao-no-conselho-do-bradesco-foi-um-ato-planejado-diz-trabuco.ghtml