The Success Of The Second Largest Brazilian Bank–Bradesco Is Owed To Luiz Carlos Trabuco
Bradesco Bank is currently ranked the second largest in Brazil’s private banking sector. It has achieved several business solutions that have warranted its name in at the top. To the company, offering better business opportunities is more than simply activating working modules and capacitance. Bradesco has solved several financial challenges to individuals and businesses in Brazil. For this reason, it remains on a massive scale in Brazil’s financial sector. The success witnessed in the company is owed to Luiz Carlos Trabuco Cappi who has remained the most hardworking CEO and president of the company since 2009.
What is the company’s progress?
The Brazilian economy has witnessed unprecedented financial changes and opportunities which have transformed the banking sector. Since Luiz Carlos Trabuco Cappi took over the company’s presidency position, the bank managed to increase its total assets by 56% from 2009 to 2011 while its loan assets rose by 58%. The shareholder’s equity as well as deposits had also risen by 448% and 446.7% respectively. With his successful leadership, Luiz Carlos Trabuco Cappi raised the fee and interest income by almost 30 percent.
Bradesco has remained committed towards stewardship and sustainable growth. Luiz Carlos Trabuco Cappi managed to promote financial education, microfinance, and mobility to the company’s consumers. Through its environmental credentials, the company has remained a constituent of the Corporate Sustainability Index of BM&FBOVESPA and Dow Jones.
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What’s in for the shareholders?
After its decision of listing in New York in 2001, Bradesco has attracted several investors in its shareholder register. During the time that Luiz Carlos Trabuco Cappi was the president, Bradesco increased its liquidity while diversifying its shareholder base according to folha.uol.com.br. The company’s strong performance contributed to its growth and the shares traded in the New York market was up by 62%. Luiz Carlos Trabuco Cappi ensured that the company remained innovative and committed to meeting the needs of the shareholders of the company.
But who is Luiz Carlos?
Luiz Carlos Trabuco Cappi is a renowned entrepreneur in Brazil who has specialized in the banking services. He is determined to ensure that that the banking sector remains Brazil’s top economic pillar. Luiz Carlos Trabuco Cappi is a holder of several awards as a result of his leadership skills witnessed during his tenure as Bradesco’s president. He holds a degree in Philosophy and a postgraduate degree in political science. For 3 decades, the leader has held several executive roles. But the most memorable is the fact that he has remained committed to steering growth at Bradesco.
Search more about Luiz Carlos Trabuco: http://economia.estadao.com.br/blogs/coluna-do-broad/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/