To many people, Luiz Carlos Trabuco is not just an ordinary executive; there is more to him. He is a legendary who has played a big role in the financial world’s dynasty. Out of the 70 years of Bradesco’s history, Luiz has only been the fourth leader to take the organization’s presidency position.
This ancestry came down from Amador Aguiar, the founder of the company. In 2009, Luiz Carlos Trabuco, became the president of the company, which had close to $ 900 billion in assets and over 27 million account holders.
He had acquired great skills from school. He graduated from the University of Sao Paulo Fundacao, with a bachelor’s degree in Philosophy. Also, he graduated with a postgraduate degree in Socio-Psychology from Fundacao School of Sociology. This made him ready for the corporate world.
In 1969, at only 18 years old, he was able to secure a job at Bradesco Seguros, as an entry-level officer. This is where his presidency journey began through a series of diverse positions in the organization.
Out of his dedication and excellent performance, in 1984, he was appointed as the Department Director. Four years later, he was promoted and became the Managing Director Executive. Luiz Carlos Trabuco took this position seriously and put in all his effort to produce good results. A year later, he was elevated to the executive vice president’s position. The board of directors noted his excellent performance and as a result, they chose him to lead the organization as the president.
After getting the presidency position, much difference was noted in the company. Under the Luiz Carlos Trabuco governance, the company’s assets doubled within a span of 6 years. The company’s size grew from R $32 Billion assets in 2003- R $78 billion in 2008. In addition, the equity increased from 22%- 29% going beyond a rate of 27%, which had remained stagnant for years. Under his leadership, the group’s results also rose from 26%-35%.
Moreover, the management of Luiz Carlos Trabuco has been remarkable, resulting to outstanding organic growth of the company. The number of account holders also increased from 20 million to 27million. The service network of the company also increased all under the leadership of Luiz Carlos. These are some of the achievements that have made him to be recognized as one of the most powerful executives not only in the history of Bradesco Seguros, but also in the whole of Brazil.
Learn more about Luiz Carlos Trabuco: http://www.valor.com.br/financas/5306443/bradesco-anuncia-octavio-lazari-no-lugar-de-luiz-carlos-trabuco