Luiz Carlos Trabuco Made An Impact On The Brazilian Banking Industry During His 48 Year Career

Luiz Carlos Trabuco began serving Banco Bradesco as the Chief Executive Officer in March of 2009. He has been named as the Entrepreneur of the Year, one of the most influential individuals in Brazil and one of Brazil’s best CEO’s. He was well educated at the Sao Paulo de Marilia and the Fundação School of Sociology and Politics.

When he was seventeen, he went to work for Banco Bradesco as a clerk. He filled numerous roles until he was given the position of Marketing Director. Luiz Carlos Trabuco remained in this position for eight years before becoming the bank’s Chief Executive Officer.

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In 2013, Luiz Carlos Trabuco was elevated to the President of Bradesco Seguros. Bradesco has improved their market performance and doubled their size under his leadership. He purchased HSBC’s Brazilian branch for $5.2 billion in 2015. This moved equaled the organic growth of six years. He became the Chairman of the Board and the President of the bank in October of 2017. This was when he began a lending program to benefit small business owners. These were small loans that matured within a year. This positively impacted the business owners while keeping the financial risk for the bank low. He offered foreign students loans because he saw the trend coming. No other Brazilian banks were offering this type of program at the time.

Luiz Carlos Trabuco has announced he plans to retire. He will be spending time with his friends and family while continuing his charity work. He intends to remain current regarding the banking economy. There were many strong competitors to take his place but the honor was given to Octavio de Lazari Junior. He was backed by the formal succession process and received the Succession and Appointment Committee’s endorsement. Luiz Carlos Trabuco has had a long and successful career in the world of banking. The impacts he made were strong and helped the bank improve, grow and thrive while serving the Brazilian people. His career encompassed 48 years and helped thousands of people. He made an important difference for Bradesco and for the people of Brazil. He was once said to be the bold of Bradesco.

Find more about Luiz Carlos Trabuco: https://oglobo.globo.com/economia/bradesco-anuncia-novo-presidente-octavio-de-lazari-junior-vai-substituir-luiz-carlos-trabuco-cappi-22365414#ixzz56wDld69g