Brazilian executives in the finance and insurance industries are not surprised that Luiz Carlos Trabuco is such a powerhouse when it comes to influence and expertise. Trabuco is now the president of Bradesco, which has consistently ranked among the top two financial institutions in the country over the last several years. He was promoted to president in 2009 when Marcio Cypriano retired. In the years leading up to his promotion, he served in a vice president role at the bank. Also, he was the head of securities and worked with the bank’s insurance and pension accounts. At that time, he was responsible for maintaining a part of the financial giant that accounted for 30 percent of its revenue.
Luiz Carlos Trabuco’s History With Bradesco
Luiz Carlos Trabuco was born and raised in Sao Paulo. He attended college there and earned a degree in philosophy before he started working as a bank clerk with Bradesco. Although he started out in a simple position, Luiz Carlos Trabuco moved up the ladder over time and went through several departments such as marketing and insurance. In 2003, he was appointed to run the securities division of Bradesco, and he was successful in that appointment. He was also appointed to the vice president seat. His hard work and enthusiasm in serving the pension and insurance clients earned him a notable award in 2007. Other insurance and finance executives in Brazil have admired Trabuco for many years because of his positive attitude and high drive to succeed.
Plans For The Future Of Brazil’s Economy
With a focus on improving insurance, Luiz Carlos Trabuco is making plans to improve the Brazilian economy. He said that insurance is a vital part of social welfare for everyone. Trabuco wants to spread hope and confidence to Brazilian citizens. He said that by configuring the insurance industry in a more efficient way, everyone will benefit. Also, Luiz Carlos Trabuco said that the government must learn how important insurance is for modern society. Bradesco’s presidential seat comes with a great deal of responsibility to not only the financial institution but also to the people of Brazil. Although the bank has been around for 65 years, Trabuco is only the fourth appointed president. His predecessors were distinct for their vital contributions. For example, Cypriano increased the bank’s worth by over $40 million during his presidency.
Luiz Carlos Trabuco leads by example. He worked hard to make sure that all Bradesco customers were satisfied before he focused on growing the bank. Although an average executive who was just promoted to a bank’s top seat would have focused on simply growing the institution’s profits and size, Trabuco made the people a priority before seeking growth. Once he was sure that measures to take care of customers were in place, he bought the Brazilian branch of HSBC to expand Bradesco.
As a president and a mentor, Luiz Carlos Trabuco inspires other executives in Bradesco to be great by giving them more autonomy and requiring actionable solutions. Although the bank’s Noble Hall is a place that many executives aspire to enter, Trabuco encourages them to enter and attend meetings only when they have valuable ideas or innovative solutions to share. He hopes that this attitude of always aspiring to move forward will create powerful executives who will do great things for not only Bradesco but the citizens of Brazil. Luiz Carlos Trabuco spends most of his waking hours at Bradesco or in meetings that facilitate positive changes.
Learn more about Luiz Carlos Trabuco: http://fotos.estadao.com.br/galerias/cultura,luiz-carlos-trabuco-cappi-e-lucilia-diniz-ofereceram-jantar-em-torno-do-prefeito-joao-doria-e-sua-mulher-bia-nos-jardins,30901