The rise of Luiz Carlos Trabuco is an interesting story to read. Luiz Carlos Trabuco hails from Marilia, Sao Paolo, Brazil. His rise to the corporate world has been made possible by the education that he received as a young boy. For his undergraduate studies, Luiz Carlos Trabuco studied at the School of sciences, philosophy, and literature of Sao Paolo. Since he finished school in 1969, he has worked with a number of institutions including Banco Bradesco.
He joined the institution in late 1969. Since then, he has managed to hold all executive positions in the company during his steady rise. However, notable appointments happened in January 1984 when he was made a department director in the organization. 14 years later, Luiz Carlos Trabuco was appointed as the managing officer of the company. March 1999 saw him become an executive vice president of Banco Bradesco. In 2009, Luiz Carlos Trabuco was elected as the chief executive officer of the company. This is a position that he has held since then.
Over a year ago, Bradesco held a meeting that was aimed at raising the retirement age of a chief executive officer. Prior to this meeting, a chief executive was supposed to retire at the age of 65 years. With Luiz Carlos Trabuco fast approaching this age, the company unanimously agreed to extend the retirement age to 67 years. This meant that Luiz Carlos Trabuco could be the chief executive of the company until 2018. The company announced that they wished to hold on a little to the expertise of Luiz Carlos Trabuco. The company also agreed that they would choose his replacement in the next three years. At the moment, the company was involved in the acquisition of HSBC Holdings for $5.2 billion. Because of the amount of money changing hands, the deal had to be investigated by the Brazil antitrust watchdog. Under the leadership of Luiz Carlos Trabuco, nothing could have gone wrong, and the deal was approved by the watchdog.
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Other than the role of a CEO with Bradesco, Luiz Carlos Trabuco holds other roles. He happens to be a managing body member as well as the managing director of the Fundacao Bradesco. This is an affiliate company of the Bradesco Bank. Luiz Carlos Trabuco is also involved with another institution called Foundation Institute for Digestive System and Nutritional Diseases where he acts as a managing director and as a member of the board of directors.
Luiz Carlos Trabuco is also an active executive of the Brazilian Federation of Bank Association as a board member. At the same time, he is involved with the Fundo Garantidor de Creditos as a board member. Other than these organizations, Luiz Carlos Trabuco is involved with a number of other institutions such as Sao Polo Association of Insurance, Plan Association as well as National Academy of Insurance. In the past, he has also worked with Bradesco Seguros as the chief executive officer between 2003 and 2009. He has also served as the chief executive officer and president of a number of institutions such as National Private Pension Plan, Marketing and Capitalization Committee of Brazilian Association as well as International Affairs Committee of Superintendence of Private Insurance.
During his reign as the chief executive officer of Bradesco, the company has experienced unprecedented growth and success. He has also seen the bank expand to other parts of the world beyond Brazil. Cities where the bank has developed subsidiaries under his leadership include Grand Cayman, New York, Mexico City, Tokyo as well as Buenos Aires. The bank has also opened subsidiaries in Hong Kong, Luxemburg and London. Under his leadership, the bank is also listed on the New York Stock Exchange.
Learn more about Luis Carlos Trabuco: http://www.meioemensagem.com.br/home/opiniao/2017/01/30/no-escuro.html