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

Doe Deere – article recap

Doe Deere is the type of woman that millions of young women admire because of her passion for life and her great success in the business world. The pastel-haired Unicorn Queen is certainly original. She achieved success by staying true to herself. Her goal was to create a makeup line that made it possible for people to express themselves freely in a very passionate way. She achieved that goal with Lime Crime Cosmetics. Born in Russia and raised in New York City, Deere has plenty to share about success with the younger crowd. Learn more: https://www.linkedin.com/in/doedeere

Dreams Come True

Doe Deere kicked off her dreams of success by starting out with a band in New York. She played with the band for several years and learned about business on the inside and the outside. Her early years with the band helped her to successfully transition to becoming the CEO of Lime Crime Cosmetics. Deere believes strongly that everyone has a very special quality about them. It’s important to discover that special quality, in order to achieve success. This is the key to achieving any dream.

Lime Crime

Doe Deere launched her own makeup line back in 2008 and it has been smooth sailing ever since that day. She was on a personal mission to prove that cosmetics were more than just a tool to cover up your assumed imperfections. Makeup was a way to freely express yourself. Certainly, we wear hairstyles and clothing to express personal style. The same should ring true for makeup. It was that idea that quickly spawned the Lime Crime Cosmetic line that is filled with bold and whimsical colors. Deere also would like to stress that her makeup line is animal cruelty-free. Her vivid line of lipsticks, fingernail polish, and eyeshadows are dramatically changing the way that people regard makeup.

Women And Achieving Success

Doe Deere is a woman that started out small and achieved great success. Deere would like the world to know that she is a strong supporter of other women entrepreneurs that are interested in achieving their own success story. She frequently speaks on the subject at various events across the country and really loves mentoring young women entrepreneurs. Doe Deere welcomes contact through various social media sites.

The Future And Women Entrepreneurs

Doe Deere shared in a recent interview that she is very excited about the prospects for young women and business today. The Internet has emerged as a great way for a young entrepreneur to dabble in business or start a full-time business venture. Today, a large portion of the population shops online instead of shopping at brick and mortar stores. This paves the way for more entrepreneurs to enter the online world and create their own e-commerce site that meets the consumer’s specific needs. Deere relates that Lime Crime is one company that helped pave the way for future online cosmetic companies. Hopefully, more innovative entrepreneurs will pave the way for even more future entrepreneurs. Deere recommends listening to what the people want and fulfilling that need. That is the way to achieve even more success. Learn more: http://inspirery.com/doe-deere/