How Luiz Carlos Trabuco Has Spearheaded Bradesco’s Rise In The Brazilian Banking Sector

Brazil has been touted as having one of the fastest growing economies in the world. This has mainly been buoyed by a strong banking sector, which is dominated by notable institutions such as Bradesco. This is the 2nd largest Brazilian bank in terms of customer numbers and assets. The bank is headed by Luiz Carlos Trabucco who serves as its president and chief executive officer.

Mr. Trabuco has diligently served in various capacity within Bradesco for nearly 40 years. He has been part and parcel of all the major decisions that have been undertaken by the banking giant during this time. His longevity in the industry has elevated him to a legendary status, which explains why he is always called upon to give his expert opinion on matters pertaining to different sector of the economy. Mr. Trabuco’s insightful opinions are valued by both political and business leaders.

What Makes Mr. Trabuco Tick?

Mr. Trabuco is known to be an indefatigable corporate executive who has an in-depth understanding of the Brazilian banking culture and the financial services industry in general. Over the years, he has also nurtured his managerial skills to an extent that fellow corporate executives and upcoming bankers look upon him as their source of inspiration.

Luiz is similarly a highly approachable leader whose down to earth demeanor surprises those that he interacts with. This, coupled with impressive networking skills, has helped establish him as a colossus in the banking industry. Mr. Trabuco’s impeccable networking skills have similarly come in handy since they have enabled him to bag lucrative deals on behalf of Bradesco.

Mr. Trabuco’s Career Progression

Luiz has had a spectacular rise in the corporate world. He holds a degree from the Faculty of Philosophy, Science, and Letters at the University of Sao Paulo. Despite lacking an educational background in banking, he has defied all odds to succeed in an industry that he joined as an eighteen-year old novice. When he joined Bradesco, Mr. Trabuco worked as an office clerk. Nonetheless, his discipline and willingness to learn saw him elevated to more senior positions.

Luiz served in various departments within Bradesco before he was appointed the company’s marketing directors at a relatively tender age of 33 years. This appointment coincided with unprecedented success for the bank since he helped formulate marketing strategies that helped it penetrate new territories. During this time, Bradesco’s corporate social responsibility efforts were equally enhanced.

Mr. Trabuco’s corporate star continued shining after being appointed to head the insurance division of Bradesco. Upon this appointment, he established a solid business model that enabled the division to gain an incredible market share of 35%. Bradesco’s leadership took note of his flawless leadership abilities and consequently, appointed him as the bank’s president and CEO in 2009.

Success at Bradesco

Mr. Trabuco’s stint at Trabuco has been characterized by massive success both in the boardroom and beyond. The impact of his leadership was felt immediately after his appointment because he helped streamline the bank’s operations into a single chain of command. For the past eight years, Bradesco has also been at the forefront as far as mergers and acquisitions are concerned. For instance, Luiz recently spearheaded the bank’s acquisition of HSBC Brazil in a deal worth an incredible $5 billion.

Luiz has similarly helped establish a higher institution that focuses on training corporate managers. Under his leadership, Bradesco has also expanded at a remarkable rate and currently has branches in most Brazilian towns. For this reason, Mr. Trabuco has been awarded prestigious honors including being named Entrepreneur of the Year in Finance twice. He has also been a recipient of the Don Quixote Trophy.

Find more about Luiz Carlos Trabuco: https://www.youtube.com/watch?v=3xDktJglYEQ

The Reasons Officers Trust Securus Technologies

When I show up for work at the prison, me and my fellow corrections officers are always looking for ways to make the work environment safer. It would only take a second for an inmate who was high or had a weapon hidden on their person to make serious trouble for me, my officers, my staff, the visitors, and other inmates. To try and keep the peace inside the jail, we have to trust in a few resources that allow us to do our jobs more effectively.

 

Perhaps one of the biggest concerns we have as corrections officers is the inmates getting their hands on contraband and then using it to put them at the advantage. The inmates already outnumber officers inside the prison, so it is critical that we do not allow this to occur. Despite our searches and scans, these inmates continually will frustrate us by saying they have an easier time getting these things on the inside than they ever did while they roamed the streets.

 

The most effective resource that we recently added to our arsenal was the Securus Technologies call monitoring system. The system monitors when the inmates are using the prison phone, and the LBS software allows us to be able to be doing other things while it detects any chatter from the inmates on contraband.

 

Securus Technologies has already been working in 2,600 prison systems, and the company CEO and thousand employees work towards their goal of making this world safer. CEO Richard Smith has given us a resource that has been key in allowing us to make this facility safer for all who are behind these walls. If we get an alert an inmate is talking about contraband, we now have the ability to take proactive measures and make sure it doesn’t happen again.

 

Talos Energy Partners with Premier in Offshore Drilling

History has been made for the first time in Mexico. The Mexican waters have taken a new direction by sinking a new offshore well that deals in oil. With that being the current economic drive in the country, foreign competitors have delved into the Mexican energy market. The partnership of Premier Oil Plc and Talos Energy LLC dates back to May 21st when a press statement was issued by the management.

Background

Premier issued a statement in regards to the partnership and the project. As the first offshore project focused on exploring oil mining, the business launched a monopolized project since the establishment of Petroleos Mexicanos. History points to 1938 when Petroleos Mexicanos was launched. According to the project, the economic viability is on the higher side given that Zama-1 well in Tabasco has a capacity of approximately 100 million barrels. The drilling process is set to take approximately 90 days with a total of $ 16 million as the damage. Having won the prospect rights of the project in 2015, the three companies pitched the project after a vigorous vetting by Mexican investment panels. The first round of vetting and bidding earned the companies a huge market niche.

Profile

According to Edison Investment Research, this is the first non-Pemex project that involves the drilling of oil in Mexican waters. This is also a leading project that will be constructive in building the economy of the state. As a project that will reconstruct the drilling industry, it is set to yield maximum positive results. In a note that addressed clients, Edison added that the structural alignment of the project is highly projected to be a success. Talos is relevant to the business as it owns 35% of the entire shares. Sierra owns 40% while Premier holds 25%.

Talos Energy

Talos Energy was founded in 2012. It is an oil and gas firm that engages in the extensive exploration, development as well as production of oil as well as natural gas. Operating at the heart of Mexico, the company is headed in Houston, Texas. Talos Energy prides itself in being a leading off shore explorer that utilizes advanced technology.

OSI Group: A World leader in the Food Industry

OSI Group is an American food processing company. More specifically, they are a meat processing company for retail and food service industries. Formerly, they were known as OSI Industries. In 2004, They changed their name to OSI Group.

OSI Group’s headquarters are located in Aurora, Illinois. Although they are an American company, they have more than 65 facilities in 17 countries, which are located not only in North America, but in Western and Eastern Europe, as well as the Asia-Pacific region.

Some of the USA OSI plants are located in Geneva and West Chicago, Illinois, as well as Oakland, Iowa, West Jordan, Utah, Fort Atkinson, Wisconsin and Riverside, California.

OSI Group’s products include meat patties, bacon, hot dogs, beef, pork and chicken. The products they offer can be used for both breakfast, lunch and dinner, as well as entrées, snacks and desserts.

OSI Group’s history goes back over 100 years. It was founded in 1909 by German immigrant Otto Kolschowsky. At that time, it was only a small butcher shop in Chicago called Otto & Sons.

Otto & Sons was known for having been the first meat supplier for McDonald’s. In 1955, when McDonald’s opened its first store in Des Plaines, Illinois, they chose Otto & Sons as their supplier of fresh beef patties. Soon supplying beef to local McDonald’s restaurants became their main business. Since then, OSI has grown into a large company that has over 65 locations and partners around the world.

Over the years, the OSI Group facilities have received many awards, such as awards for management of health and safety risks, as well as environmental management.

As a new addition, OSI Group acquired Flagship Europe from the Flagship Food Group in Denver, Colorado. Flagship Europe supplies frozen poultry and pies, as well as mayonnaise, sauces and dressings to the UK foodservice market. By adding Flagship, the OSI Group in Europe has been able to broaden the European products they have available.

OSI Group’s current CEO is Sheldon Lavin. During the 1970s, he was the one responsible for pushing OSI Group to grow globally. Today, he has a workforce of over 20,000 employees around the world.

5 Common Sense Investment Tips From Richard Blair

Richard Blair of Wealth Solutions is on a mission to provide comprehensive financial planning to families and small business owners in and around the Austin area. If you have ever considered investing for retirement, here are 5 common sense tips that will increase your chances of retiring with a nice nest egg.

Start Now

Most people wait too late to start investing. For best results you need to start as early as possible. The sooner you start the better off you will be in the long run. Even if you have to start small, just start!

Be Patient

It takes time for your investment to start multiplying due to the power of compound growth. So pack your patience and allow time to do the work.

Diversify

This is something I am sure you have heard a million times. For best results you should focus on diversifying your portfolio. Spread your investments around in different industries and different companies.

Take Advantage Of Tax Deferred Plans

IRA’s, 401(K)s and profit sharing plans are tax deferred. Take advantage of them by investing as much as you can. Since you aren’t required to pay taxes until you retire you can afford to go all in right now. Doing so will help your money grow faster with each year that passes.

Tamper Your Expectations

Just because you start investing doesn’t mean you will hit home runs every time. There will be some investments that will under perform while others will produce great returns. The key is to learn how to tamper your expectations. Don’t expect miracles when you start investing.

Always pay close attention to the investments that under perform on a consistent basis. This way you can weed out the bad investments and focus only on the ones that will help you produce the best return on investment.

Who Is Richard Blair?

Richard Blair is the Founder and Chief Investment Officer at Wealth Solutions, an Austin based Registered Investment Advisory firm. When Blair founded Wealth Solutions he did so with the goal of making a positive impact on as many lives as he possibly could.

Over the years he has become known as the go to expert when it comes to financial and retirement planning. He is now focused on helping all of his clients bring their vision of a successful retirement to life.

To learn more about Richard Blair and Wealth Solutions visit www.wealthsolutionsria.com.