Luiz Carlos Trabuco Assumes Bradesco’s Board Presidency

Speaking of Luiz Carlos Trabuco as an executive only would be stripping him of his many titles. Summed up, he is part of what suits the description of a mythical dynasty. Carlos Trabuco is but the fourth individual to assume the presidency of Bradesco, the largest banking institution in Latin America. The lineage started with the founder, Amador Aguiar. Since 2009, Trabuco has occupied a position synonymous with power: Managing a financial firm that has over $900 billion in assets and serves more than 27 million clients and 4.5 million companies.

Bradesco Under Trabuco’s Leadership

Under the leadership of Luiz Carlos Trabuco, Bradesco realized tremendous growth. Within six years, the bank has doubled its size reaching an asset worth of R $78 billion from R $32 billion in the 2008 fiscal year. During his first full year of administration, the company’s return on equity saw a spike, jumping up from 22% to 29%. On the other hand, Bradesco Seguro’s participation with the bank grew to 35% from 26%.

Bradesco Seguro’s positive performance hedged Trabuco’s chances of earning the favor of the bank’s board that was to elect Marcio Cypriano’s successor as the president. Finding the someone who would carry on Bradesco’s traditions and culture was not easy, both for the voters and the elect. The situation was the same with the election of Cypriano as Lazaro Brandao’s successor in 1991. Cypriano was behind the bank’s expansion cycle. Between 2001 and 2004, Bradesco had acquired Banco Cidade, Finasa and Zogbi, Maranhao, and Ceara financial institutions, including all operations at Deutsche Bank.

Many names with leading capacity were mentioned during the succession: V.P Jose Luiz Acar Pedro and Milton Vargas. However, it is Luiz Carlos Trabuco who was elected, because of the vast experience he has with the bank spanning more than 40 years.

Read more: Bradesco anuncia novo presidente: Octavio de Lazari Junior vai substituir Luiz Carlos Trabuco Cappi

Carlos Trabuco Assumes Bradesco’s Board Presidency

In October 2017, Lazaro Brandao handed the eight-man board his resignation letter as the president of the Board of Directors. The emotional occasion saw Luiz Carlos Trabuco named the board’s president. Lazaro Brandao’s resignation came sooner than expected as it was scheduled for 8th March 2018. Granted, Trabuco was supposed to relegate the day-to-day operations at the bank to one of the seven sitting vice presidents.

In March 2018, Bradesco announced the election of Octavio de Lazari Jr. as the bank’s president. Nonetheless, Trabuco was expected to carry out his responsibilities as the Board’s president and as the bank’s president until the official announcement after this year’s Annual General Meeting according to folha.uol.com.br. Lazari assumes the position against the popular opinion that Mauricio Minas, one of the VPs and the person in charge of technology, was fit for the job.

Education Background and Career History

Luiz Carlos Trabuco is an alumnus of the University of Sao Paolo, where he graduated with Philosophy, Sciences and Letters certificates. He also holds a postgraduate diploma certificate in Psychology from the School of Sociology in Sao Paolo.

He joined Bradesco in 1969 as a clerk. After 15 years, he became an executive officer of the bank before becoming the CEO of various subsidiaries of the bank in 2009.

Learn more about Luiz Carlos Trabuco: https://g1.globo.com/economia/noticia/conselho-do-bradesco-escolhe-octavio-de-lazari-junior-para-substituir-trabuco-como-ceo.ghtml

Mike Baur Thinking Outside of the Box

Mike Baur grew up in Freiburg Switzerland. Mike started working in the financial industry at the young age of 16 years old, As an apprentice at the Union Bank of Switzerland; back in 1991. Mike continued his career at the bank and would go on to obtain an MBA from the University of Rochester in New York he also received his Executive MBA from the University of Bern.

 

Mike continued to work for the Union Bank of Switzerland during the 90s before he reached 30; he was promoted to an advisory position. With all of the success that he experienced he still decided to leave the company to try something new in 2008. Mr. Baur stayed at the new position for about six years and was there during the recession. The industry itself began to lose the glitz for him, and he decided to move forward in his passion for helping Tech entrepreneurs find funding for their companies.

 

With this thought in mind Mike Will Go On to partner with Max Capital Meister and Oli Walzer, the Swiss Startup Factory was born. Mike Baur is its co-founder and executive chairman of Swiss startup Factory. With his experience as a lender and the expertise of his partners, they created a program an incubator program that aids entrepreneurs this program is like a boot camp a provides tutoring and mentoring and training it also helps with funding. Young entrepreneurs that are part of this program receive three months free rent three months worth of assistance they learn to service the world with their product on a global level as well as present and Market their products to people. There are many Network opportunities with other producers of the Tech Market.

 

Each of the co-founders invests a considerable amount of funds into the entrepreneurs that it serve. This provides the necessary incentive to maintain the success of all involved. When creating the Swiss Startup Factory; the co-creators decided to put Factory in the name of the business. Mike believes factory workers are some of the hardest working people in the world and he also believes that the business owners and entrepreneurs must be willing to work equally as hard to obtain advancements that they are requesting. Mike runs Think Reloaded and continues to work in the Swiss Startup Factory his primary objective is working to secure financing and fundraising

 

James Dondero And His Role In Highland Capital Management

Anyone who has an investment fund that needs professional and committed management would never go wrong with a James Dondero management. This is because he is arguably one of the best and most respected managers in the financial markets. His experience spans to not less than three decades combined and has seen him manage different institutions with the same finesse and professionalism.

He is the current president and co-founder of Highland Capital Management. With him at the leadership helm, the company has managed to get global recognition. It has also surpassed the set targets and risen to become one of the most respected and trusted institutions that deal with equity and credit markets. Learn more about James Dondero at Affiliate Dork.

In the year 2014, it won two major recognition awards for a job well done. It was rewarded by Morningstar in two different categories; the best Healthcare Short/Long Equity Fund as well as a 5 star designation for Global Allocation. To achieve what it has, Highland has been working with the best partners in the niche. Among them are NexPoint Advisors, NexPoint Capital, Acis Capital Management and a few others.

James Dondero made a debut into the career world in the year 1984 as a financial analyst. During the same year, he got accepted into the Morgan Guaranty, a prestigious training program that produced very good graduates in the financial analysis niche. In the same year, he graduated from the University of Virginia with a dual majors in Accounting and Finance. He was brilliant enough to be awarded the highest honors in the same.

Follow: https://www.linkedin.com/in/jamesdonderohcm

In later years, he managed to also become a Certified Financial Analyst as well as a Certified Management Accountant. Just an year after graduating, he become part of the American Express team as a Corporate Bond Analyst. Having held that position successfully, he would later become the Portfolio Manager and did exemplary work managing not less than $1 billion as fixed income funds. In the year 1989, he left the company and concentrated into starting Highland Capital Management that was able to hit the $2 billion mark under his leadership.

He is well known in the financial management circles as a stickler for discipline and perfection. Currently, he sits into the boards of different companies and devotes his time and money into helping charitable causes do their work best. He is particularly involved in charitable causes that improve the level of education and healthcare. Read more about James Dondero at Daily Forex Report.

Brazil’s Banco Bradesco Is Making World Banking Headlines Thanks To Executive Changes And New Banking Programs

According To Chairman Luiz Carlos Trabuco

It takes a lot to get the attention of the world’s banking industry. Banking is the life-force of the global capitalistic economy, but most banks like to stay under the banking radar for a number of reasons. But when it comes to making money and shaking things up in the Brazilian economy, Banco Bradesco is on that radar. Bradesco is number two in the banking industry in Brazil, but the bank is number one in news making accomplishments.

One of those accomplishments is the promotion of CEO Luiz Carlos Trabuco to Chairman of the Board. Trabuco is taking the big job because Lázaro de Mello Brandão is retiring. Some bankers feel Brandão’s retirement is long overdue. He is the oldest bank chairman in Brazil’s banking industry, and one of the first people Bradesco hired in 1943 when the bank got started.

But even though Brandão is retiring, he will still come to the office to help Trabuco. CEO Luiz Carlos Trabuco is not the kind of banker who would turn down a chance to get help from 91-year-old Lázaro de Mello Brandão, even though he has a capable executive team. The executive team is responsible for the increase in operating income and the growth of assets under management in 2017. Bradesco may be the second largest bank in Brazil, but in terms of investor interest, Bradesco is number one. And Wall Street credits Trabuco for the bank’s performance.

Read more on valor.com.br

Lázaro de Mello Brandão retirement will give Trabuco the opportunity to bring the bank’s operations into the 21st century. He will need a strong CEO to make that happen because the 5,000 bank branches are creating serious operational issues. Brazilians want to bank online. More Brazilians are using their mobile devices to complete bank transactions. That’s why the leading candidate to replace Trabuco as CEO is an IT guy. Mauricio Machado de Minas is the Bradesco vice president responsible for creating Next, the digital-only bank according to economia.estadao.com.br. He is in charge of the bank’s IT department and a long time Bradesco employee. But six other qualified Bradesco executives are also in the running. Andre Cano, Marcelo Noronha and Octavio de Lazari, the president of Banco Seguros are also in the candidate pool. Cano is in charge of human resources and Noronha heads the investment division. Chief risk manager, Alexandre da Silva Glüher is also a candidate, and Chief loan officer Domingos Figueiredo Abreu and Josué Augusto Pancini, the vice president in charge of bank branches also have a shot at becoming the new CEO.

But filling Trabuco’s shoes as CEO is not going to be easy. Trabuco is not an ordinary banker. He is not an accountant. He’s more philosopher than a financial wizard and he’s a people’s person thanks to his graduate degree in psychology.

Trabuco got a job with Bradesco in 1969 after graduating from the University of Sao Paulo. Mr. Trabuco didn’t waste any time showing bank executives his management skills.

In 1984, he became a bank officer. and in 1999 Trabuco got the title of vice president but his banking skills didn’t stop there. In 2003, Banco Seguros, the insurance division of the bank needed help so Trabuco got the job. He became the CEO of that division. He spent five years at Seguros, and in 2009 he got the recognition he deserved. Trabuco became the CEO of Bradesco that year, and he hasn’t missed a banking beat since then.

The new CEO will surface a month before the March annual shareholders meeting. No one is sure who will get the job, but some executives are betting Mauricio Machado de Minas or Domingos Figueiredo Abreu will be the next CEO.

Learn more about Luiz Carlos Trabuco: http://www.infomoney.com.br/blogs/bolsa/o-investidor-de-sucesso/post/7002925/quem-substituira-trabuco-comando-bradesco-nomes-estao-cotados-tudo-pode

Livio Bisterzo’s HIPPEAS Grows To An Admirable Level

HIPPEAS, a natural snacks company, has in a short time recorded a rapid growth. The growth is as a result of its quality brand of organic chickpea puffs that offers the consumers six flavors to choose from. The flavors are Far Out Fatija, Vegan white cheddar, Sriracha Sunrise, Happenin’ Hickory, Pepper power, and Maple Haze.

New investors

As a fast growing company, many investors desire to invest in it. The most recent investors are the Strand Equity Partners and Leonardo DiCaprio, an actor. The pair invested in a minority capital in the firm for an undisclosed amount. According to Livio Bisterzo, the company’s CEO and Founder, the two investors share the same values and vision as the company. It is a delight that they joined the company as it continues to grow tremendously in the United Kingdom and the United states.

Seth Rodsky, the Managing Partner and co-founder of Strand Equity Partners commended the company for the growth that the brand has achieved. According to him, the growth signifies the firm’s capabilities in merging nutrition with top flavors. He noted the enthusiasm that Strand Equity Partners has in working with the able team at HIPPEAS. Together they hope to bring to the market new “better for you” snacks.

About Livio Bisterzo

Livio Bisterzo is a renowned Italian Investor based in Los Angeles. He is an alumnus of the well-known institution in London, University of the Arts. His entrepreneurial skills were established from an early age as he started his first venture in 2003 at age 23. The company was an event organizing business.

In 2008, in collaboration with RNA Corporation, he started a line of men’s skin care products named Kyoku for Men. He left the business in 2010 to start a beverage company, Little Miracles. His other investments include the Maddox Club, Pollen Street. His latest investment is a food company he established last year named Green Park Holdings.

Livio Bisterzo is recognized far and wide as his achievements have been featured by top media houses, such as Sunday Style, Harpers, The Times, and Esquire among others. Livio Bisterzo formed the Evening Standard’s nominees list of 1000 most influential people in 2009.