Groupo Bradesco ranks as one of the largest private banking institutions in the country of Brazil. The bank currently has more than $400 million under management and has more than 5,000 local branches throughout the country. Since the 2015 acquisition of HSBC Brazil, Bradesco has gained a strong lead over all other banks in the country.
All of this is taking place under the wise leadership of Luiz Carlos Trabuco, one of the most renowned bankers in the entire country. Late in 2017, Trabuco announced that he would be finally leaving the post of the presidency of the bank. He said that he would be assuming the role of the chairman of the board of directors for the bank, replacing the outgoing Lazaro Brandao, who had been with the firm for more than 70 years.
As the chairman of the board, he has stated that he will continue providing the same quality of leadership that has won him so much respect and admiration throughout the banking community and in the country at large.
Under Trabuco’s leadership, Bradesco grew from a minor second-tier bank into one of the most important financial conglomerates in all of Latin America. He was able to win the Isto E Dinhiero 2015 Entrepreneur of the Year Award for the acquisition of HSBC Brazil, which turned out to be the largest deal ever put together in the history of Brazilian business. Also during his tenure, Trabuco oversaw a huge rebound in the stock price of the bank. At one point towards the end of 2015, the stock price was trading as low as $3 per share. But by the end of Trabuco’s presidency at the helm of the bank, the stock was back trading towards almost all-time highs. This represented an increase in the total market capitalization of the bank of billions of dollars.
He first came to work at Bradesco in the year 1969 when he was just 18 years old. Since then, he has spent his entire career climbing the corporate ladder at the bank, going from the lowliest position at the firm all the way to its most exalted office. This extensive experience has given he a first-hand appreciation for how the business should be conducted at every level of its operations. Simply put, there is no one with more hands-on banking experience in the entire country than him.
As he continues to lead Bradesco into the future, things are looking up for the bank.
Having been the manager of some of the biggest financial institutions in Brazil, Igor Cornelsen was one of the country’s top bankers. After he retired from the banking industry, he became a consultant and an investor with the Bainbridge Group, where he specializes in investing in the stock market, foreign exchange and commodities. His business is based in the Bahamas, and through it he gives potential investors long-term strategies and advice on how to grow a better income. Some of his advice has included encouraging those who are just starting out as investors to consider putting their funds into Brazilian banks, and in countries such as China, which is a big trading partner with Brazil.
Igor Cornelsen has also given his expert advice to executives at businesses like Burger King, who found his tips to be very beneficial. The successful financial advisor stepped down from his position in banking so that he could focus more on learning about the investment industry. One of the most important things he warns traders about is putting their money in companies that are going through financial issues. Instead, he helps them invest in declining or damaged stocks that they can sell and make a profit from as the market becomes more stable. These types of stocks are usually cheaper to buy.
Although he is a native of Brazil, Igor Cornelsen is a current resident of Boca Raton, Florida. He lives in his home there for most of each year, but he goes back to live in his home country for the remainder of the year. Because of his financial expertise, he has been featured in a number of business publications and on several investment websites. The investment strategist has 3 points of advice for those who want to invest in Brazil: 1. Connect with the local people of the country to get information on their business experience. 2. Be prepared for strict government regulations and high taxes. 3. Gain an understanding of foreign currency and exchange.
When he is not giving investment advice, the married businessman is practicing his hobbies such as golf, and he has a presence on many social media platforms.
Every business organization that Louis Chenevert has worked with has fully benefited from his contributions. Nowadays he is sub-retired, he dedicates his time serving in Goldman Sachs as a private counselor, following his desires and his family. The Louis’s journey of success began where he joined the General Motors after completing his degree in Production Management that he studied at the HEC Montreal. Since Chenevert was committed to his job his promotion was rapid, within a short time, he became the production manager, and later he ended up getting the position of the Production General Manager.
After many years at the General Motors, the chance for Louis Chenevert to shift to another field came, and he joined Pratty & Whitney firm which was an aerospace producer. At that time the economy was not favorable for the company. The efforts of Chenevert boosted the productivity, and within few years there was a substantial increase of the firm in the field of aerospace. This won Chenevert, the promotion of the president of the firm. The Pratty & Whitney firm worked together with the United Technologies Corporation (UTC). The excellent work of Louis Chenevert pleased the head staff at the UTC, and eventually, they hired him to work in their firm. In 2006 Chenevert served as a chairman of the United Technology Corporation, afterwards, he was promoted and became the Chief Executive Officer.
When the market economy started declining Louis Chenevert worked hard to save the company from the losses that several firms were facing. The tactic that Louis embarked on was paying no attention to the predictable intelligence surrounding outsourcing. Most of the firms were being transferred to the countries that would work for low prices so that the cost would reduce. For the UTC, the workers and the engineers were put together in a common location in the state of Connecticut. The reason for doing this was that when people work together getting a solution would be faster and easy. This looked like a useless idea, but it was the best because UTC was able to thrive during the difficult moments.