Luiz Carlos Trabuco Saves The Day By Stepping In On Short Notice To Serve As Banco Bradesco’s President
Luiz Carlos Trabuco was formerly the chief executive officer of Banco Bradesco and now serves as its president after its former longtime president stepped down. In the meantime, the company is seeking its new CEO and knows it will be hard to fill the shoes of Luiz Carlos Trabuco who did such a great job in the position. There are several people that the company is looking at, and it is expected that an announcement will be made later on in the year as to who the company chooses. Read more about Luis Carlos Trabuco at globo.com.
Luiz Carlos Trabuco served as the CEO of Banco Bradesco for a decade and has been with the company since 1969. While he led Bradesco Seguros, which is a segment of the financial institution that focuses on insurance, he helped to improve its market share from 25% to 25%, which represents a fourth of the entire insurance industry in the country of Brazil. His leadership also grew the profits of its insurance segment so it now represents 35% of the total revenue of the company. Read this article at Info Money.
Luiz Carlos Trabuco began as a bank teller with the Marilia branch of Bradesco but moved to another location five hours away after working with the company for two years. He eventually became the director of marketing with the bank and helped it to better connect with its clients. He assisted Banco Bradesco with its segmenting efforts, which helped to focus in on its consumer base. This helped the bank to earn more money while taking care of the most important needs of its customers at the same time.
Luiz Carlos Trabuco studied at the University of Sao Paulo where he earned a bachelor’s degree in philosophy, and he also attended the School of Sociology and Politics of Sao Paulo and received his postgraduate degree in sociopsychology while there. Today, he is known as one of the highest paid executives in the Brazilian banking sector as well as Brazil, itself, and his dedication to the success of the company he serves will surely see him continuing to earn a large amount of money. While he is happy to be earning so much, it is really the customers of Banco Bradesco that he cares the most about.