Luiz Carlos Trabuco, CEO And President Of Bradesco Bank

Luiz Trabuco Carlos is one of the prominent bank executives in Brazil. Currently, he is the Chief Executive Officer, CEO and President of Bradesco, Brazilian’s second largest private bank by market value. Following the resignation of Lazaro de Mello Brandao, he became the leader of the company due to his immense contribution to its growth. However, the bank will elect a new executive to replace Luiz Carlos Trabuco as the CEO later.

Early Life

Born in Marilia in 195, Luiz Carlos Trabuco obtained his undergraduate degree in Philosophy in University of Sao Paulo. He later received a graduate degree from the School of Sociology and Politics, Sao Paulo where he studied Socio-Psychology. Luiz Carlos Trabuco is married with three children.

Career

At the age of seventeen, Luiz Carlos Trabuco started working as a clerk in Bradesco agency at Marilia. After a couple of years, he relocated to the bank’s headquarters at Sao Paulo. He has worked in this organization for over four decades. His abilities and dedication have earned him different positions during this period. He was the Director of Marketing in 1984 and has served as the Executive Director and President of Bradesco’s Private Pension Firm.

In 1999, he became the insurance company’s Vice President and late the President. As one of the bank’s boards of directors, Luiz Carlos Trabuco contributed to its success. He became the bank’s CEO in 2009 and helped to restore the company to its position in the industry. Through his strategy of serving the regions where the organization operates, Luiz Carlos Trabuco increased the company’s publicity. This achievement placed the bank ahead of its competitors. However, his success paved way for his election as the company’s president.

His leadership abilities transformed the bank. Its market share increased from when he was the Vice President. Luiz Carlos Trabuco’s in-depth knowledge and experience in the banking industry contributed to his effective management. His wisdom, determination, and persistent in performing tasks earned him his current position. He worked tirelessly to enforce the system created by the bank’s founder, Amador Aguiar. He successfully achieved his aims, promoting the bank. Consequently, the Bradesco bank provides exceptional services to its customers.

Read more: Bradesco to Choose Board Member as New President, says Trabuco

Bradesco presidency

Luiz Carlos Trabuco’s rise from a clerk to the president of one of the largest bank resulted from his productivity. His contributions to the different departments for over 40 years earned him the position. Roger Agnelli and Jose Luiz Acar Pedro were possible candidates for Bradesco bank. However, Luiz Carlos Trabuco succeeded Brandao due to his years of service and contributions to the company’s growth. He is now the bank’s fourth president while the founder was the first according to folha.uol.com.br.

The bank owes its success mainly to the new president and his predecessor. The company will make a replacement for Luiz Carlos Trabuco as CEO. Bradesco prefers internal recruitment for its management position. The selection will be among its seven top-ranking executives. The possible candidates include Alexandre da Silva Gluher, Mauricio Machado de Minas, Josue Augusto Pancini, and Domingos Figueiredo Abreu. Others are Andre Rodrigues Cano, Marcelo de AraujoNoronha, and Octavio de Lazari.

With Luiz Carlos Trabuco leadership qualities, expectations are that the bank will continue to thrive more than its competitors. His marketing strategies will be useful in moving the company forward. Trabuco’s managerial ability is the reason for the company’s success. His significant input has been unmatched.

Luiz Carlos Trabuco’s achievements in the banking industry brought him into the limelight. As one of the top CEOs in Brazil, he has contributed to the growth of the country’s economy. His impressive record led to his promotion as Bradesco bank’s president. The 66-years old executive got featured in several magazines and dailies for his success.

Search more about Luiz Carlos Trabuco: http://www.valor.com.br/financas/5153264/bradesco-novo-presidente-saira-do-corpo-executivo-afirma-trabuco

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