Luiz Carlos Trabuco is a renowned financial executive. He has worked as the president of Bradesco Bank and chair of Group Insurer. The financial institution is among the leading banks in Brazil with around R $ 493 billion and R $ 1.3 trillion assets as per last December.
In a press release, he revealed that the public would find out who will take over his position after the AGO. During his reign, he managed to override vice-presidents of the bank like Maurício Minas, Alexandre Glüher, and Josué Pancini. The institution extended the retirement period to 67 years. The board allowed him to continue holding the office until 2019. Trabuco is also the Chair of the Board of Executive Directors.
Career at Bradesco Bank
Luiz Carlos Trabuco has served at the bank for four decades. He first held a clerk position in Marília Agency before receiving promotions to various posts at Bradesco. The executive has worked as the CEO and Executive Vice President of Bradesco S.A. He took over the position when the bank was facing hostile economic environment. The endowed leader has held other posts in the organization like Departmental Director and Member of Management Board.
Mr. Luiz Carlos Trabuco was the Bradesco Vida e Previdência S.A president until 1998 before becoming the head of Grupo Bradesco Seguros in 2003. The talented leader has been the Director and Chairman of Odontoprev S.A since 2009. At Bradespar S.A and Grupo Bradesco Seguros, he was a Director. The future CEO led the National Association for Private Pension Plans from 1994 to 2000 according to estadao.com.br.
Luiz Carlos Trabuco attended the University of Sao Paulo and pursued a degree in philosophy at the undergraduate level. He proceeded for his post-graduate studies in sociology and politics in the same institute. The future leader got his first job at Bradesco in 1969. Bradesco became the leading bank institution in the industry.