Luiz Carlos was born in 1951 in Sao Paulo, Brazil. He pursued a post-graduate degree in sociology in the University of Sao Paulo where he later graduated from the Sciences, Philosophy, Arts, and Languages Faculty. Luiz started working in Bradesco S.A. in 1969 where he held various positions in forty years.
Luiz Carlos’ Career Path
In 1961, Bradesco bank appointed him as the department director, a position that he held until 1998 when he was appointed as the Managing Director. Luiz Carlos served as the Bradesco Vida e Previdencia S.A’s president until 1998.He worked as the president of the National Association for Private Pension Plans between 1994 and 2000.In 1999, Carlos was appointed as Bradesco’s Executive Director.
Luiz has been the director of Bradesco Seguros since 2003.he was Banco Santos S.A’s Non-Executive Director from 2009-May 2010.Trabuco is the Director and Chairman of Odontoprev since 2009.
He is the director and Internal Director of Bradespar S.A and Banco Bradesco S.A respectively. Luiz has served as Bradesco S.A’s Executive Vice President, and he has also been its CEO since March 2009.
Luiz Carlos has been a devoted employee in Bradesco S.A where he has worked for more than forty years. Due to his immense experience, he was appointed as its Chief Executive Officer. His participation in various activities in Bradesco has earned him numerous awards and honors.
In 2003 and 2009, Luiz won the Insurance Person of the Year award. His dedication later made the firm nominate him as its president in 2003.
Read more: PDV exceeded expectations, says Bradesco president
Luiz Carlos’ Achievements at Bradesco Bank
In the mid-1980s, he significantly helped Bradesco bank in its public relations activities. It was recognized by the media which led to it formulating an advertising and conventional marketing strategy. After being appointed as its president, he boosted its income level. He initiated HSBC’s Brazilian branch taking over with a net worth of $5.2 billion. It enabled Bradesco to regain its lead in the marketplace.
His achievement is attributed to his unique organic management system. Carlos’ primary mission in Bradesco has been attracting many clients. A client acquisition program was recently initiated, and it aims at reaching 100,000,000 clients by 2025. Since 2009, the firm has had more than 27,000,000 Brazilian customers.
Bradesco Bank’s CEO Succession
About a month ago, Bradesco bank released a statement revealing that Lazaro Brandao would step down as the Board of Director’s president. He has been a competent employee for over seventy years. Due to Brandao’s resignation, Luiz will take over until 2019.
The Bank of America analysts suggest that there exists a succession plan that will guide in the appointment of a long-term president. The primary issue of concern is who will be Carlos’ successor. One of the favorite candidates is Mauricio Minas who is in charge of technology. He engineered Bradesco’s technological revolution and the development of its digital bank.
Other candidates for the CEO position include;
• Alexandre Silva Gluher: Silva, 57, is the bank’s chief risk officer. He has been its employee since 1976.
• Domingos Figueiredo Abreu: Abreu, 58, has been in charge of the lending and treasury departments. He has been at Bradesco since 1981.
• Josue Augusto Pancini: Pancini, 57, has been working at Bradesco since 1975 and he is in charge of its income segment and branch network.
• Marcelo de Araujo: Marcelo, 52, joined Bradesco in 2003 and he is in charge of the card operation, Bradesco BBI, and investment banking.
• Octavio de Lazari: Octavio, 54, has been at Bradesco since 1978 and he leads the lenders’ insurance department.
Luiz Carlos’ legacy at Bradesco bank will last long after his resignation. He has been a hard-working and self-motivated employee who nurtured many people in the insurance industry.
Learn more about Luiz Carlos Trabuco: https://www.istoedinheiro.com.br/o-bradesco-de-brandao-trabuco/