Thanks to currency, investments, automated bill paying, storing valuable belongings, and getting paid, banks are highly important in today’s era. As such, only the creme de la creme, the cream of the crop, or the best of the best are hired to managerial and executory roles of financial institutions. This sentiment holds even more true for the larger and more important particular banks are, including the likes of Itau Unibanco and Bradesco, the latter of which has one of Brazil’s leading banking executives: Luiz Carlos Trabuco.
Mr. Trabuco was appointed Chief Executive Officer of Bradesco back in early 2009. Unlike a large portion of executives of large organizations, Luiz Carlos Trabuco found his way to the top of Bradesco by working from an entry-level position all the way back in 1969. Mr. Trabuco is known by most as the financial institution executive who pushed for the acquisition of the Brazilian assets and likeness of HSBC Bank, at the time belonging to the top ten banks in the entire South American country of Brazil.
In August of 2015, Luiz Carlos Trabuco was able to go through with paperwork and formalities with HSBC Holdings, edging closer to the finalization of the deal. This was made possible by the approval of the current Chairman of the Board at Bradesco, Lazaro Brandao, himself the second Chief Executive Officer of Banco Bradesco. The 5.2 billion dollar deal was closed in the early summer months of 2016 – South American summer season, that is – inching Bradesco that much closer to regaining its title as the largest bank in all of Brazil, a title that a merger between Banco Itau and Unibanco knocked Bradesco out of the running for in 2008.
Even further, the acquisition of HSBC by Bradesco served a few other purposes. Keeping in mind that the merger that begat Itau Unibanco was a striking success, it made sense for Bradesco to gobble up the possibility of acquiring one of the largest banks in all of Brazil prior to another financial institution could.
HSBC Holdings, the parent company of the Brazilian banking system titled HSBC Brazil, wasn’t operating its South American operations very well, increasing the likelihood of it becoming available for sale in the years prior to and including Bradesco’s acquisition in 2015. Lastly, the level of growth its purchaser could capitalize off of made it silly not to acquire HSBC Brazil. In Bradesco’s case – keeping in mind that it’s the second-largest bank in Brazil – it gained a whopping six years of organic growth. If another financial institution had purchased HSBC Brazil, rather than Bradesco, it could have knocked Bradesco down to the ranking of third-largest bank in Brazil.
Combined, these factors made Luiz Carlos Trabuco’s decision a good one.
While most people familiar with Brazilian banking are familiar with the current career of CEO Luiz Carlos Trabuco, not everyone knows how he earned his contemporary title, what positions he held in the past, and what level of educational attainment he has – if any.
Mr. Trabuco graduated from the University of Sao Paulo’s Faculty of Letters, Philosophy, and Human Sciences with a degree in Philosophy. Soon after, he earned yet another degree, this time at the graduate level, in Socio-Psychology.
Combined, these two degrees boosted Mr. Trabuco’s ability to interact with others, helping advance his future career. He was hired on to Bradesco’s Marilia branch in 1969, two years later being offered a spot at the bank’s corporate headquarters in Osasco, the neighborhood in which he attended college.
In 2015, he earned the title of Entrepreneur of the Year. In 2006 and 2007, Mr. Trabuco was named Insurance Personality of the Year.
Raj Fernando is an established bond trader who has founded two companies. In 2002, he founded his first company Chopper Traders, which he later sold to DRW Trading group. After selling Chopper Trader, he founded Scoutahead.com, a company that provides innovative communication technology solutions to its clients.
Chopper Trading was recognized as the fastest growing company in Chicago’s financial market. Its team of experts was respected for their experience and standard service. This was due to Raj Fernando’s unique skills in encouraging teamwork.
When recruiting new employees, Raj ensures that he picks a candidate who is passionate about his career. This is the reason why Chopper Trading did not face employee turnover. Some of the most critical skills Raj Fernando considers when recruiting include;
1. Implying the real picture of a company
When Raj’s hiring team attends job fairs, they ensure that they do not appear unapproachable by dressing in expensive attires. Selected candidates are taken around the company to familiarize with the working environment they will be operating in once they are hired. Raj says that their primary aim is to select a candidate who will retire from their company.
2. Taking time to gauge a candidates’ exceptional skills
Raj’s recruiting team takes the time to measure a candidate’s talent by using brain teasers and follow up questions to evaluate a candidate’s ability to solve various business issues. Raj says that during an interview they don’t have a particular skill they are looking for, but their primary focus is on the different skills that a candidate demonstrates.
3. Using a company’ s employees to gauge candidates
Afterward, candidates who demonstrate exceptional skills are given a chance to interact with the company’s employees. The employees will assess if the candidates are worth working with them. If more employees recommend a candidate, then that candidate is chosen to joining their team.
Besides being an established business person, Raj Fernando also supports various charitable organizations in United States. Some of them include Chicago Symphony Orchestra, Holocaust Museum, Cedars-Sinai Medical Center and PAWS Chicago. In his free time, he loves working out or playing guitar.
The name Diversant and John Goullet are synonymous, but you should know that Diversant is regarded as being one of the absolute top thought leaders when it comes to the financial kingdom. One of the first principles that Diversant stands for is quality, and it’s getting ‘s.them the attention they deserve in the marketplace today.
The leaders that are behind Diversant include:
These men are all a part of the leadership board of Diversant. The leadership is a critical part of the growth at Diversant, comprised of leaders in business, finance, and wise counsel. The company credits much of the success to the Principal, John Goullet. With the entrepreneurial spirit, Goullet brought years of experience in the IT field to Diversant in an attempt to help them grow the company.
Goullet’s career was initially in the arena of IT consulting, a much-needed product in the early to mid-90’s. Many companies began outsourcing their IT staff rather than maintaining and IT department, which tipped Goullet off to a wonderful idea. The idea was to start with IT staffing, assisting those businesses that were seeking to cut costs through outsourcing their IT help.
Goullet was able to start and grow his company, Info Technologies into millions, gaining them the number eight spot on Inc’s. Magazine’s list of the fastest growing companies. This was welcome news for both Goullet as well as those who worked closely with him. Goullet believes that he can help promote and grow the IT industry and bring welcome change for all companies that are struggling with their IT staffing.
The recent Brexit vote in Britain has sent a thunderbolt through the business airwaves around the world. Britain will finally be free from all the senseless bureaucracy and infighting that have become trademarks for the European Union. The British economy and the pound sterling have taken a thrashing since the vote was announced, and this is alarming some of the people that voted to leave the EU. The pound sterling recently dropped to a three-year low against the euro. The pressing question that countries like Brazil, Argentina, and countries in Asia want to know is, when will Britain stand on its own and be able to sign bilateral trade agreements with them. Brazil is especially interested in developing more trade with Britain. Britain accounted for less than 2 percent of Brazil’s annual revenue from exports, according to Flavio Maluf, the Chief Executive Officer of Eucatex, one of Brazil’s leading exporters.
Maluf recently sent a letter to Eucatex offices around the world because he wanted to translate what the Brexit vote meant for future business. At times, Maluf sends emails in Portuguese and English, and this was one of those emails. Many Eucatex executives in other offices speak and write Portuguese. In his email, Maluf urged his associates to reach out to British companies and develop a relationship that could translate into a business opportunity. Maluf wanted to get a head start. The British exit process because it could take years before it’s final. That’s the way Flavio operates, and his associates understand that. Maluf is known for making the first move. That’s why Eucatex is one of the largest suppliers of construction materials in the world.
Eucatex is a family-owned business. Flavio’s father started the business near Sao Paulo in 1951. The idea for the company came from eucalyptus trees. The Maluf’s owned a sawmill, and they cut eucalyptus wood for domestic construction companies. Maluf decided to make ceiling tiles out of eucalyptus wood and sell them domestically. The tiles were a hit, and the company began to export. Flavio hopes that Britain will take a close look at Brazil and his company in the near future. Brazil needs an economic partner like Britain, and Britain needs Brazil.
As the grandson of the former director of the United States National Park Service, Andy Wirth grew up immersed in nature and the natural environment. This interest in the nature developed into a full-time career as the President and Chief Executive of Squaw Valley resorts.
With over 25 years of experience in the ski resorts industry, Wirth is both a seasoned professional and a cautious businessman. Cautious, but, he’s not overly concerned about the lack of cold weather due to inadequate rainfall totals.
Andy took time to address concerns about the lack of rainfall and the potential effects to the California skiing season. The interview with Madeleine Brand was heard on the NPR college radio station, KCRW. Madeleine introduced Andy on her nationally syndicated program, “Press Play,” and she wasted no time delving into the topic of drought and the ski resort season.
Andy stated that although business was down by ten percent, the resort could survive with less snowfall for a considerable amount of time. December and January saw a significant reduction in skiing acreage. However, Wirth wasn’t anxious about this, because his resorts are financially solvent. Read more: How Will the Drought Affect California Ski Resorts?
Andy Wirth is considered a savvy veteran of the ski resort industry and his concerns are more business related than weather related. To ensure that Squaw Valley doesn’t have to change its business model radically, Andy Wirth outlined his plan to make up for the snowfall deficits, by offsetting the slow winter ski season with an increase in summertime activities. Learn more about Andy Wirth: https://www.crowdrise.com/wwsupport
Squaw Valley and Alpine Meadows are the two resorts which Andy Wirth is the CEO. The resort business is flowing smoothly, because of his experience and knowledge. Wirth has learned to adjust to weather patterns by planning ahead. After consulting with several meteorologists, he felt that his resorts could continue normal functioning by offering artificial snowfall as a filler in some parts to prolong the skiing season.
Andy Wirth has received multiple honors in the past for his community involvement and professionalism. When speaking to him, it’s immediately obvious that he’s passionate about what he does. This passion drives him to maintain a level of serviceship that’s earned him the Outstanding Chairman Award.
Additionally, Andy was named, Steamboat Springs Business Leader of the Year and he’s made the list of the Hospitality Sales and Marketing Association International (HSMAI) Top Minds in Hospitality and Travel Sales and Marketing.
Andy Wirth is a man of action and integrity, he’s active in the community and is an avid outdoorsman. He made national headlines in 2013, when he was involved in a near fatal skydiving accident. He made a full recovery and in January 2016, the Reno-Tahoe Regional Air Service Corporation named him as President and Chairman.