Banco Bradesco is a profit machine. The bank’s profit is up by almost 30 percent in the first half of 2017. Wall Street analysts are pushing Bradesco stock like it is the new Microsoft. That may be a slight exaggeration, but it is true. Bradesco is making investors look at Brazil again, and one of the main reasons Bradesco is so attractive is the bank’s CEO.
Luíz Carlos Trabuco Cappi is the bank’s fourth president and CEO, and he is one of the people who make the bank so special. Trabuco is not afraid to take a risk like the 2015 acquisition of the Brazilian division of HSBC. That deal was a big money transaction, but it put Bradesco in the running for the title of the largest private bank in Brazil.
Luíz Carlos Trabuco Cappi is not a typical Brazilian banker. He is a people’s banker as well as a knowledgeable businessman. Trabuco is from Marilia, a small town in the State of São Paulo. He is a loyal Bradesco employee with almost 40 years of service. Before becoming CEO, Trabuco was a director and vice-president of the bank. He was also the president of the bank’s insurance division, Banco Seguros. Seguros was a major profit center for the bank thanks to Trabuco’s leadership.
Mr. Trabuco is the current President-Director of the Bradesco’s organization companies. And he is Vice-Chairman of the Board of Directors of Banco Bradesco. He is the current Chairman of the Board of Directors of Elo Participações. Plus, he serves on the Strategic Committee of Vale. Luiz is also a member of the Board of Directors of Brazilian Federation of Banks. But Trabuco also sits on the Executive Board of the National Confederation of Financial Institutions.
When Bradesco was talking with HSBC’s Brazilian division in 2015, Trabuco’s banking knowledge and intuition helped to close the deal. Bradesco is on track to be the best private bank in Brazil, and Wall Street knows it. Bradesco’s stock is hot right now. Brazil needs foreign investors, and Bradesco is attracting investors from all over the world. First and second quarter profits hit an all-time high in 2017, and the bank is on track to have another record-breaking profit year. Luíz Carlos Trabuco Cappi is the person who steers the Bradesco ship through the muddy economic waters in Brazil, and he is doing what all good bankers do. He is making money for investors.
Learn more about LUiz Carlos Trabuco Cappi: http://www.tostoadv.com/bradesco-quer-mudar-regra-para-trabuco-ficar-no-cargo/