Indian-Born International Banking Executive Anil Chaturvedi

Having started his career in the financial field in the early part of the 1970s, Anil Chaturvedi has been a part of the banking industry for more than four decades now. Specializing in corporate, private and investment banking, he is currently the Managing Director at Hinduja Bank in the country of Switzerland. Prior to joining this company, he held management positions at several other financial institutions such as ANZ Grindlays, where he was Senior Representative and Vice President, and Merrill Lynch, where he spent 17 years and became its Managing Director in 2011. He also worked in the New York office of the State Bank of India as its Manager of Business Development and Marketing.

While employed at the State Bank of India, Anil Chaturvedi helped it generate nearly $500 million in revenue, which caused the leaders at the company to name him Man of the Year at that time. In his current position at Hinduja Bank, which he has held since 2011, he is responsible for managing a corporate advisory business that focuses on cross-border transactions between European countries and India, as well as for overseeing mergers and acquisitions. He helps form partnerships and corporate alliances between banking firms in different parts of the world, a strategy that brings more business and financial growth to all who are involved. He has also supported a number of start-up tech businesses in India that are involved with e-commerce.

Anil Chaturvedi graduated with honors from Chaudhary Charan Singh University with a BA degree in Economics, and from Delhi University with an MBA in Marketing and Finance. After working in the banking industry in his home country for a few years after completing college, he decided to move to the U.S. to continue his career in his chosen field. The highly experienced banker speaks several languages including his native Hindi, Punjabi and Gujerati, and he is in the process of learning French. He is also a philanthropist who, along with his wife Kiran, started the Kiran and Anil Chaturvedi Foundation in 2006. Through this organization, he helps fund several charities around the world.

https://www.guidestar.org/profile/56-2547771

Luiz Carlos Trabuco And The Necessary Elements Needed For Bradesco’s Sustained Growth

Luiz Carlos Trabuco is one of Brazil’s business leaders that are facing the country’s most challenging times, and it is through people like him that the entire recovery, economy and dynamics of the country’s financial growth highly depends on. To trace the growth of Bradesco and how the Presidential leadership of Mr. Trabuco has played over the years, we might need to recap what happened around last January 2018 when Luiz Carlos had still to announce Bradesco’s next successor as President.

Some of the leading options as successors for Bradesco’s new president include Alexandre Gluher, the head of Investor Relations; Josue Pancini, the Head of the Agency Network; Marcelo Noronha of the Cards and Investment Bank and Octavio de Lazari, who is the man responsible for Bradesco’s growth in the insurance field. These people have provided incredible work to make Bradesco as Brazil’s second-largest bank.

Recall, Trabuco’s leadership as CEO for Bradesco had already been delayed because of the extension of the age limit, which increased the age limit of service from 65 to 67 years and which was enacted last September 2016. A good leader is in demand, and as much as possible, these leaders are expected to continue to render service for the company because it’s not that easy to find a replacement for them. This is what’s happening with Luiz Carlos Trabuco, but unfortunately, the time has come where a new leader must be chosen.

Read more: Bradesco deve anunciar sucessor de Trabuco antes do Carnaval

Mr. Trabuco also believes that the new leader for Bradesco should understand the importance of retaining the business culture of Bradesco according to glamurama.uol.com.br. Anything that deviates most fundamentally from Bradesco’s values risks the company to face hidden risks and complications that are still uncharted. Now only is it necessary that the business values of Bradesco are retained, but these core values should be upheld if Bradesco wants to continue its growth.

Another exciting thing that you may not have learned about Luiz Carlos Trabuco is the fact that he offers some of the most insightful analysis of Brazil’s recovery from the latest financial dilemmas, crisis and failed policies of the government. In an article from Brazil’s media, Mr. Trabuco seems to imply that there’s still no significant reason for Brazil to celebrate the latest recovery since this recent rise may be part of a cycle that later on would dip again. He says that there should be progressive policy reforms in the government so that the loopholes of its policies would find a fundamental fix that could sustain the recent recovery of Brazil’s economy.

About Luiz Carlos Trabuco

Being the Chairman of Banco Bradesco SA, Luiz Carlos Trabuco continues to be the man in charge of Bradesco’s banking enterprise. His background in Philosophy from the University of Sao Paulo and a postgraduate diploma in Social Psychology from Sao Paulo’s School of Sociology and Politics forms Mr.Trabuco’s strengths both as a business leader and innovator. He’s also the Chairman of The Board of Directors at Odontoprev and Chairman of the Board of Representatives of the Confederação Nacional das Instituições Financeiras – CNF.

Search 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

Luiz Carlos Trabuco: Bradesco’s Topmost Employee

Luiz Carlos Trabuco made a revelation of Bradesco’s plans following the resignation of Lazaro Brandao. Luiz Carlos Trabuco stands as the bank’s incoming chairman of the board of directors. He adds that the bank’s decision to have him fill in Lazaro’s gap was a plan that was in progress for some time and was executed when the time was convenient. Previously, Brandao had proposed to the Board to have Luiz Carlos Trabuco fit into the vice president’s shoe after a proper career followup. In the same light, Luiz Carlos Trabuco affirms that the firm will have its next president right from their very own personnel. This was a culture cultivated by his predecessor, and he was determined to keep it. The bank has a tradition of having its own house executives run the group as opposed to finding new blood.

At the age of 91, Lazaro de Mello Brandao had hit the record of being among the world’s oldest serving chairmen. He was glad to step down after having served Banco Bradesco SA for over 25 years. This steered a tight succession race in the company that was a high rank in Brazil’s market value. Eventually, Luiz Carlos Trabuco was considered perfect fit for the position and expected to hold the position of both chairman and CEO until a new CEO was elected. Luiz Carlos Trabuco started his service at Bradesco at the age of 16 and will be the proud holder of the chairman title, being the second person in Bradesco’s history to hold the title. Similarly, his position as CEO has only been held by three other members.

Luiz Carlos Trabuco steps in with a major task lying ahead of him: the appointment of a new CEO. He says that the board will keep in mind the importance of respecting Bradesco’s talent pool, therefore, focusing on their very own. Luiz Carlos Trabuco believes that the government is crumbling and labor reforms are a necessity to bring back Brazil to its feet. He later adds that though it will take time, they are willing to put in necessary efforts to maintain the country’s social harmony thereby establishing tranquility and certainty. Luiz Carlos Trabuco recommends a keen observance of foreign-directed investments which plays a major role in the Brazilian economy and political process. Brandao later reveals that the bank seeks to expand its board of directors, an issue to be addressed later .

Read more on folha.uol.com.br

About Luiz Carlos Trabuco

Luiz Carlos Trabuco has held the CEO position of Banco Bradesco S.A as from March 10, 2009, while equally serving as the Executive Vice President. Mr. Luiz Carlos Trabuco also serves as the CEO as well as Bradesco Previdencia e Seguros’ Chief Executive Officer. He has held several positions in Banco Bradesco S.A which include serving as a Managing Director, Vice President, and Departmental Director between 1984 and 1992. Luiz Carlos Trabuco was part of ArcelorMittal Basil’s management board. He kick-started his career at Bradesco back in 1969. He started off as Bradesco Vida e Previdencia’s president until 1998 before moving to a similar rank in Grupo Bradesco Seguros, in 2003.

Luiz Carlos Trabuco has been of service at Odontoprev S.A as the chairman and director since December 23, 2009. He is the director of Bradespar S.A and still serves as Banco Bradesco S.A’s internal director. Throughout his career, Luiz Carlos Trabuco has served in several ranks of top posts. He was a one-year non-executive director of Banco Espirito Santo SA and the National Association for Private Pension Plan’s president from 1994 to 2000. Luiz Carlos Trabuco holds degrees in Philosophy, Arts, Sciences, and Languages from the University of Sao Paulo. He also earned a postgraduate degree in Sociology and Politics from the same university.

Search more about Luiz Carlos Trabuco: https://www.istoedinheiro.com.br/o-bradesco-de-brandao-trabuco/

Banco Brasileiro De Descontos S.A.’s CEO Luíz Carlos Trabuco Is A Successful Career Banker

Banco Brasileiro de Descontos S.A., better known as Bradesco in Brazil, and around the world, is the second largest private bank in the largest country in Latin America. Bradesco was the second largest bank before Banco Itaú and Unibanco got together in 2009.

The 66-year-old CEO of Bradesco, Luíz Carlos Trabuco, has a long history in the banking world as well as an excellent reputation. When Bradesco was looking to expand its banking services in Brazil, Trabuco was instrumental in bringing HSBC’s Brazilian division into the Bradesco family. Trabuco knew the acquisition of HSBC for R$17 billion would put the bank in contention for the number two spot again. Bradesco now has more than 5,000 bank branches and thousands of ATMs all over the country.

Brazil is trying to get its economic mojo back after four years of a devastating recession. Bradesco and the other Brazilian banks have been lucky in terms of yearly profits during the recession. The banks in Brazil rely on bonds, insurance, and government plans to keep investors happy during the hard times. Bradesco is still producing record profits, and many people believe Luíz Carlos Trabuco is the reason Bradesco is an apple in the eye of Wall Street once again. Bradesco’s stock is up 29 percent so far in 2017. The recent inflation report should help the bank’s efforts to attract more foreign investors.

Successful banks need strong bank directors as well as a considerable amount of assets under management. But banks also need strong executives. They need executives who can act as well as react to the forces in a global economy. Trabuco is one of those executives. Luiz doesn’t like to be in the limelight, but his track record in the banking industry is as good as any executive in the industry.

Mr. Trabuco didn’t start his banking career with an MBA in finance or accounting. Luiz has a philosophy degree from the University of São Paulo. He did postgraduate work in psychology, and when he left school, he found a job at his local bank. Trabuco is a native of the small city of Marilia in the State of São Paulo. Luiz found that banking job in 1969, and he never left. Rather than jumping from bank to bank, Trabuco took another route to the top. He put his education to work. He went from one bank position to another until the bank gave him the title of Director in 1984.

In 1999, Luiz got another promotion. He was Vice-President Luíz Carlos Trabuco that year. Four years later, the bank had another position for him. In 2003, Luiz was the new president of Banco Seguros, the insurance arm of Bradesco. Five years later, Seguros was turning in unbelievable profit figures. Thirty percent of all Bradesco’s profits were coming from Trabuco’s division.

In the final months of 2008, The Bradesco Board of Directors brought Trabuco back to banking division as president. And that decision is one of the best decisions the board ever made. Trabuco is a bank CEO who cares about bank employees and the bank’s mission. He is also an active environmentalist who supports and oversees several social and environmental initiatives. The bank’s education initiative helps more than 100,000 students every year.

Trabuco is also the Vice-Chairman of the Board of Directors of Banco Bradesco, and the Chairman of the Board of Directors of Elo Participações, Plus, Mr. Trabuco is a member of the Executive Board of the National Confederation of Financial Institutions. Trabuco is on the verge of retiring from banking, but he is waiting until a new executive can fill his big banking shoes.