Luiz Carlos Trabuco is one of the most celebrated leaders in Bradesco Bank for the contributions and the significant impact he has made towards the growth and development of the bank. Bank Bradesco is now one of the leading institutions in the financial industry in Brazil.
Luiz Carlos Trabuco served as the Chief Executive Officer and the president of the bank for a significant number of years before he was replaced early this year by Mr Octavio De Lazaro who was the president of one of the insurance segments f the bank, Bradesco Seguros. This marked one of the most significant occasions of the bank, which was the retirement of one of their most important leaders during the development life of Bradesco Bank.
Luiz Carlos Trabuco was responsible for the improvement of the bank’s communication systems and increase in its enclosure to the media when he was the leader of the clerical office which was his first position in the bank when he was in his teenage. This helped to increase the market share f the bank t a significant level.
He was also responsible for the introduction of the bank’s shares to the New York Stock Exchange Market when he was serving as the president of Bradesco Seguros, the insurance segment of Bank Bradesco. During this time, he helped increase their income of the segment by more than double and also helped boost the net profits of the whole firm because of the expansion of the market share of the company due to its involvement with the New York Stock Exchange Market.
Luiz Carlos Trabuco also completed the acquisition of the HSBC Brazilian branch which helped to publicise the company thus increasing its market. This is one of the main reasons that created him an excellent reputation that made him awarded the entrepreneur of the year award during the same year.
When he was named as the president of the bank, he was able to reduce the debts of the bank that were left by the previous president and the Chief Executive Officer of the bank Mr Brandao. It is with no doubt that Luiz Carlos Trabuco will live to be appreciated for his significant contributions towards the growth of Bradesco Bank.