Luiz Carlos Trabuco shared leadership changes at Bradesco

During the annual World Economic Forum in Switzerland, many financial and government leaders convene annually to discuss the global economy. The World Economic Forum dates back to 1971 and presents an opportunity for the world to get a picture of the economy on the global scale and discuss and identify problems and the implementation of effective solution strategies. Luiz Carlos Trabuco was among the financial leaders attending the event. During this time Luiz had the opportunity to discuss the climate of the economy and give his expert opinion on steps needed in order for the Brazilian economy to make a full recovery. Read this article at Glamurama.

Luiz Carlos Trabuco has had a respected influence in the financial and economic world in Brazil throughout his career. Luiz is the current Chief Executive Officer of Banco Bradesco and was the 4th President in the banks over 70 year existence. Luiz Carlos Trabuco is directly responsible for the acquisition of HSBC’s Brazilian branches expanding the banks reach by 800 additional branches with one deal. The HSBC deal earned Luiz the Entrepreneur of the Year award in 2015, for the deal that equaled $ 5.2 Billion, which was the largest such deal that year.


Luiz yielded his expert opinion on the economic climate of the country during an intimate interview at the World Economic Forum. When asked about the 2014 economic data that showed growth in the Brazilian economy, Luis noted this data while positive should be cautiously assessed. Trabuco noted during the early stages of any economic recovery, this kind of return is expected and there is the need for more data over an extended period of time before a true picture can be painted. Referencing the current situation as an economic recovery cycle, Luiz said this is expected. He further detailed the need for reform in the areas of government spending in order to truly improve the economy.

Earlier this year during the Ordinary General Assembly meeting, Luiz Carlos Trabuco announced the incoming of the new President of Bradesco Octavio De Lazari Junior. Also revealed was the retirement of the 91 year old Lazaro Brandao as the Chairman of the Board of Directors. Read more at Ultimo Segundo about Luis Carlos Trabuco.

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