Eduardo Sirotsky Melzer, better known as Duda Melzner, is the CEO of Grupo RBS, a major media conglomerate based in the Brazilian city of Porto Alegre. He began his career after graduating from the Pontifical University of Rio Grande do Sul, working in the franchise industry for Sweet Sweet Way, a candy outlet franchise operating throughout Italy and Latin America. After earning his MBA from Harvard, he also did consulting for Booz Allen & Hamilton and was an analyst at Delphi Corporation. Duda Melzner also served as the CEO of media company Box Top Media in New York City.
Duda Melzer took the helm of Grupo RBS in 2012, after having served as the chief executive of domestic operations in Brazil for five years. Shortly after his promotion, he gave a presentation for the Rio Grande do Sul division of ADVB, the leading trade group for the Brazilian advertising and media industry. At the conference, Duda Melzner discussed the factors that motivate and drive him, citing his passion for the industry and his dedication to this co-workers and teammates.
As a new CEO, Duda Melzer believes that leadership is made up of two synergistic components, business skills and people skills. In his view, the balance between these two competencies is essential as companies can only continue to thrive when people are excited about their work. According to Melzner, “A business can reach unimaginable heights with a team made up of people who love what they do.” For Duda, success is about motivating people to give their best.
The Financial technology industry is also known as the FinTech industry. FinTech is using creativity, innovation and a lot of talent to disrupt the old marketplace that was designed by traditional financial institutions. The traditional financial industry is a dinosaur. The archaic system used by banking institutions has caused more harm than most people realize. The typical front-end consumer is exposed to a system that is rooted in greed and mismanagement. The FinTech industry is replacing the outdated banking system with new applications, products, processes and business models. Regular consumers as well as the retail industry, and the corporations that desperately need help when it comes to competitive financing solutions and investments are turning to the FinTech industry.
Mike Baur, a former Swiss banker, is keenly aware of the issues facing the worldwide financial industry. Baur was a Banker in Switzerland for more than 25 years. Mike is one of those Swiss bankers that had clients all over the world. Some of those clients got special treatment from the Swiss banks, and other clients just went with the flow. Baur saw an opportunity to make a difference when he realized that the FinTech industry had the potential to revolutionize the banking industry. Baur is an entrepreneur that happened to be a Swiss banker, and after 25 years of service, he decided to venture out on his own, and start a company that taught tech and other companies how to survive in the global marketplace. Mike called his new venture, the Swiss Startup Factory.
The Swiss Startup Factory is an intense training platform that helps entrepreneurs network, raise capital, understand corporate finance, manage people, and most of all, make money. Baur made a lot of money for the Swiss banks he worked for over the years. He wanted to share that knowledge with the entrepreneurs that will make a difference in the global economy in the future.
The Swiss Startup Factory is all about learning. Mike Baur teaches his clients how to be experts in their chosen fields. Mike offers them a series of intense courses that include accounting, financial management, operations, networking skills, and investor interaction. Those topics are offered in a three-month accelerator program. The Swiss Startup Factory also provides office space and furniture as well as an in-house gym and restaurant.
The Swiss Startup Factory has been up and running for the last two years. There is a long list of graduates from Baur’s company. Many of his clients are based in Switzerland, but others are based in countries around the world.
Kyle Bass is placing a big bet on China’s economy, and if he is right, the hedge fund manager could rake in billions of dollars. Bass believes that China’s economy is not out of the woods, and he is proving his notion by placing 85 percent of his Hayman Capital portfolio in profitable trades if the Hong Kong dollar and the Chinese yuan depreciate over the next three years. Bass and his fund have all its focus on Asian currencies and sold off most of its commodities, stocks and bonds.
Bass and his hedge fund have faced some rough times over the past several years. Now, Bass is facing heavy criticism from speculators who believe the Chinese economy is in far better shape than Bass’s contentions. However, Bass earned millions by correctly predicting the subprime mortgage meltdown of 2008 and it is his belief that China will face the same sort of crisis.
Bass believes that China’s willingness to lend money over the past several years will trigger losses in excess of $3 trillion causing the country to expand Bank of China’s balance sheet and cutting the deposit rate to zero. This notion has not paid off for Bass for much of this year, but as the U.S. dollar continues to strengthen, Bass believes that the yuan and Hong Kong dollar will fall in a big way.
Bass and his trades since the mortgage meltdown have been the source of much criticism, but he is taking even more heat by forming questionable alliances to strengthen his own bottom line. His alliance with Argentina’s Cristina Fernandez de Kirchner raised many questions about Bass and his motives. When Argentina defaulted on its debt, Bass defended Kirchner causing many to wonder if he was out of touch with financial reality. Read more about what Kyle Bass has really done throughout his career in UsefulStooges very informative article here: https://usefulstooges.com/2015/08/24/kyle-bass-the-frantic-investments-of-a-desperate-gambler/
The RBS Company which is renowned for the production of leading journalism and entertainment services has recently had a change in leadership. Eduardo Sirotsky Melzer, known informally as Duda has been named the new CEO and president of the company. This followed a unanimous decision by the board of directors of RBS who deem Duda Melzer fit to lead the Group into success in the entertainment industry. The company that serves both Brazil and the United States among other regions invests through several vehicles in the digital industry.
Eduardo had his education at Harvard University from where he received an MBA in addition to Business Administration degree which he acquired from the Pontifical; Catholic University. The RBS group being a family business, Duda had his grooming as a manager at an early age. Before joining the family business, he was associated with other companies such as Delphi working as an expert financial analyst as well as CEO at Boxtop Media. The skills he acquired in these positions would later help him at RBS.
Mr. Eduardo has achieved several milestones in his career including being nominated to the Cambridge Institute for Family Enterprise, an elite group of families in the business sector consisting of the best entrepreneurs in the society. Eduardo believes in good governance as the cornerstone for success in all activities, and it is his aspiration to live by this principle. He has been an example to most entrepreneurs in Brazil who often attend most of his speeches such as his recent inauguration as CEO of the RBS group. In that ceremony, he emphasized on his passion about involving people through good leadership and management.
Mr. Eduardo is committed to growth and will stop at nothing to achieve his corporate goals, a trait that is deeply rooted in his family.
The biggest story in Brazil in 2016 is the impeachment proceedings that may remove President Dilma Rousseff fro office. Every newspaper, radio, TV and online news agency has been covering the Rousseff story since it started. The RBS Media Group in the South of Brazil is managed by the Sirotsky Family, and that Group has reported every detail of the impeachment investigation. RBS President, Duda Melzer, is watching the events unfold, and he is making sure all the information about the process is reported accurately. The most recent information about the impeachment process was just released. A 224-page report compiled by independent auditors concluded there was no evidence that Rousseff manipulated the budget to hide Brazil’s economic situation. The report said there is no reason to continue the impeachment process.
The RBS Group is known for reporting news stories like the Rousseff impeachment process accurately. The Group has 24 TV stations in the South of Brazil, and there are 18 radio stations that are managed by RBS in the most populated cities in the South. The nine newspapers that are part of the Sirotsky family empire service the major cities in the South. RBS also has a digital development company that handles online news stories. Online news reporting is taking business away from the newspapers, according to Melzer. But Melzer has enough experience to handle that transition.
Duda Melzer earned his MBA from Harvard. He worked in New York as general manager of Box Top Media before returning to Brazil. In 2004, Duda was named the national marketing director for the RBS Group, and in 2010 he was promoted to the Vice-president in charge of business development. When his uncle, Nelson Pacheco Sirotsky, stepped down as president at the end of 2015, Duda took over his responsibilities. Melzer is now in charge of the company his grandfather, Mauricio Sirotsky Sobrinho, started in 1957.