Luiz Carlos Trabuco is the man holding the presidency of Bradesco bank. Ever since he got elected into the position, he has managed to take the financial institution into higher levels.
After being elected into the position, Luiz Carlos Trabuco showed noticeable growth. Trabuco has done geographic expansion. It has been notable growth since 2009. Bradesco has had an increase in the number of account holders from 20 million to 27 million. These numbers have made the financial institution to emerge the leading in the industry. During the peak season, there are over six thousand new accounts in one day. It is an indication that the bank was performing well. Trabuco management has also seen an increase in the service network. The number of agencies has increased from 3500 to 5000 in just four years.
He started working in the bank way back in 1969 when he was only 18 years old. He did his post-graduation in socio-psychology from School of sociology and politics. He has been in the bank for four decades and through that time he has gone through different positions in the bank. He got the position of department director in 1984.
Trabuco became the managing director executive in 1998. He got promoted a year later to executive vice president in 1999. He took over the management of Bradesco Seguros in 2003. He held the position until he got appointed the presidency of the Bradesco bank. Bradesco CEO was chosen from the pool of talent from the company. Trabuco served as the president of the company from 2003.
Luiz Carlos Trabuco was born in 1951 in Marilla. He does not have an economics background like most of the executives working in the banking sector. He graduated in the faculty of philosophy science and letters from the University of Sao Paulo. Trabuco also has a postgraduate in socio-psychology from the school of sociology and politics Sao Paulo. He has been through almost all the positions in Bradesco bank. Therefore, he knows how the bank operates.
Through the 70 years of Bradesco history, Trabuco is the fourth person to hold the presidency. The position is no doubt a symbol of power given that the bank has contributes to many issues in Brazil. The bank contributes to issues involving in the country’s economic issues, and even politics. Trabuco will have the responsibility of leading one of the largest financial institutions in Latin America.
Luiz Carlos Trabuco had to go through the rigorous process of choosing the president to represent the bank. For one to be elected in the presidency of Bradesco, he should not have been involved in any dispute. Trabuco took over the Bradesco’s presidency at a time when the organization was going through tough times. He had to deal with bring it back on its feet.
The bank was overtaken by the Itau Unibanco which was new in the banking sector. Trabuco managed to turn the tables by making decisions that led the bank back to the number one position.
Luiz Carlos Trabuco is known for his performance in the commercial arena. Even when he was still Bradesco Seguro, he has always made a decision that enabled the organization achieve success. He started working in the organization as a clerk. He spends more than 12 hours working.
He goes to work at 7 am and leaves at 6 pm. He has a tough job to maintain the bank in its leading position. His efforts have paid off, and he has made Bradesco the leading bank once again. His main after being elected in the position was to improve the performance of the banks.
Search more about Luiz Carlos Trabuco : http://www1.folha.uol.com.br/mercado/2017/10/1926427-sucessao-no-bradesco-vira-alvo-de-aposta.shtml