Luiz Carlos Trabuco is currently located in Sao Paulo, Brazil and has been the Chief Executive Officer of Bradesco since March 10, 2009. He has also been the Executive Vice President of the bank.
In addition, he was announced as the Entrepreneur of the Year in 2015 in the finance category by Isto É Dinheiro magazine. In 2009, he was considered one of the top 100 most influential people in Brazil and in 2016, he was announced as one of the best CEOs in Brazil by American Forbes Magazine. He graduated from the Faculty of Philosophy, Sciences and Letters of São Paulo de Marília and has a postgraduate degree in Socio-Psychology from Fundação School of Sociology and Politics of São Paulo.
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Bradesco is set to announce the new president by the time Carnival happens. The Ordinary General Assembly will be announcing the new president’s name at their next meeting, which is March 13 according to meioemensagem.com.br. The people who are in the running for this position are: Mauricio Minas(technology), Alexandre Glüher(Investor Relations), Josué Pancini(head of the agency network), Marcelo Noronha(cards and investment bank), Octavio de Lazari(insurance), and André Cano(human resources.) At this point, the favorite and front runner seems to be Mauricio Minas.
Luiz Carlos Trabuco’s leaving of Bradesco’s management was delayed because of the increase of the age limit of what the chief executive officer had to be. It increased from 65 years to a maximum of 67 years. Another thing that played a hand in the delay was the death that resulted from a plane crash of the main candidate, Marco Antonio Rossi, who was the the vice president of the bank and the president of Bradesco Seguros. Although Luiz Carlos Trabuco could’ve kept his position until 2019, it was realized that someone would have to step in because of the resignation of Lázaro Brandão. It was Trabuco who was chosen as the new chairman. Bradesco couldn’t be reached for any additional comments. Bradesco is the second largest bank in Brazil.