Luiz Carlos Trabuco is an accomplished business executive in Brazil. As a result of his success in the business sector, he has been awarded the Entrepreneur of the Year after he facilitated a great business deal between the bank he works for known as Banco Bradesco and HSBC Bank. Back then, Trabuco Bradesco was the CEO of the bank, and Lazaro Brandao was the President. Banco Bradesco acquired HSBC Brazil at the cost of $5.2 billion. Trabuco was at the center of the deal and facilitated all transactions to ensure that his employer managed to acquire this golden opportunity. The addition of HSBC into the mix will lead to the expansion of business in the banking sector. In the highly competitive banking sector in Brazil, Trabuco Bradesco is trying to get everything in line and ensure great results are recorded. Read more about Trabuco Bradesco at globo.com.
The acquisition of HSBC bank has helped Banco Bradesco to retain its number one position in the banking sector. The growth that has been recorded after this deal is the growth seen in the last six years according to the former CEO Luiz Carlos Trabuco. Trabuco Bradesco is currently the president awaiting the appointment of another president. Lazaro retired late last year at the age of 91. The deal between the two banks contribute significantly to the award he received; Trabuco Bradesco proved to be a great executive who was able to discern methods of making a company great again. Read this article about Trabuco Bradesco at Estadao.
Luiz Carlos Trabuco joined Banco Bradesco in 1969. He was appointed the CEO a decade ago, and his contributions so far have borne fruits significantly. Trabuco was born in Marilla and holds a degree in Philosophy and science from Sao Paulo University. By the time he joined Banco Bradesco, he was aged 18 years. His first job posting was that of the clerk in the bank. Banco Bradesco was started in 1943 and was, therefore, an established organization. He has risen from the position of the clerk to that of the president. His history in the bank is part of its culture. The bank has retained its top leadership for a long time. In fact, for the over 80 years that it has been operations, it has had only two presidents.