After more than 15 years with one of Brazil’s most prestigious investment banks, Luis Carlos Trabuco will be stepping down as President of Bradesco and getting closer to retirement. Trabuco has been with the bank all the way through his famed career and has risen to high level positions in many of Brazil’s banking authority associations. His stepping down as president is part of a Trabuco Bradesco policy that limits the age of the person holding that position to 67, a process that was changed a couple years ago to accommodate a special situation that required Trabuco to stay on a little longer. Stepping into the vacated president position will be current Bradesco Vice President Octavio De Lazari who has the backing of Trabuco Bradesco and was approved by the bank’s board of directors and shareholders. Learn more about Trabuco Bradesco at bloomberg.com.
The Luis Carlos Trabuco Bradesco story begins back in 1969 when he began at the investment bank as a regular clerk. He completed his formal education at the School of Philosophy, Sciences and Literature of São Paulo during this time, and in 1984 he became the marketing director of the bank. He continued to work his way through the chain of command and even helped launch a few business subsidiary companies of Bradesco including Bradesco Vida e Previdência where he has served as CEO since 1992. He officially became a managing director and vice president of the main Bradesco Bank in 1999, assumed the role of CEO of Bradesco Seguros in 2003 and grew its assets substantially, and then became elected to President and Chairman of the entire Bradesco Bank and its holdings in 2009. Read more at Ultimo Segundo about Trabuco Bradesco.
One of the biggest accomplishments of Trabuco Bradesco is making the largest acquisition in the bank’s history of HSBC. That same year he was named in Isto É Dinheiro Magazine as the top Entrepreneur of the Year. Trabuco has also been a board member of non-profit organizations such as the Foundation Institute for Digestive System and Nutrition Diseases and the National Academy of Insurance and Pension Plans. Trabuco also was given a Title of Meritorious Citizen of Marília in 2009.
The success of modern-day entrepreneurship is deeply linked to the effective utilization of technology innovation along with business excellence. However, many entrepreneurs do not understand the importance of it in the right sense. Glen Wakeman is not an entrepreneur in that category, but he leads aspiring entrepreneurs to focus on technology innovations. Glen Wakeman is famous across the startup ecosystem with his LaunchPad Holdings, a software platform that helps the business startups to structure their ideas. With the initiative, Glen was trying to address one of the pain areas of startup world – a significant number of startups fail though many of them were brilliant ideas.
Wakeman researched on the reasons for the failures of startups and found that most of them do not have proper structure around individual ideas (glenwakeman.com). In order to help the young entrepreneurs, he established LaunchPad Holdings. Apart from setting up the platform, he also introduced a five-step process for performance that is based on execution, human capital, governance, leadership power, and risk management. Wakeman is highly passionate about building businesses based on proven methodologies and individual agility.
Glen Wakeman has deep expertise in a number of areas including emerging markets, disinvestments, corporate managements, and more, and those capabilities make him an expert market strategist. He is actively involved in tapping the transformative business opportunities and offers strategic advises for international financial groups, capital raising, and angel investing. Interestingly, Glen is also the founder of Nova Four, a business incubator and accelerator firm that offers capital as well as strategic advice for developing companies. The contributions of Wakeman in grooming startups helped him to win many international accolades from governmental organizations and industrial bodies.
Glen comes with over two decades of expertise in financial services as he worked at GE Capital in various roles. He took responsibilities of operations management, business development, and general management. While he was working at GE Capital, he lived and worked in six different countries, and Glen served as the Chief Executive of GE Money South America. Wakeman earned his graduation in Finance and Economics from the University of Scranton. Later, he secured his MBA from the reputed University of Chicago.