Luiz Carlos Trabuco Cappi Bradesco

Bradesco, the second largest private bank in Brazil, found their new president to take over office from Luiz Carlos Trabuco Cappi. Octavio de Lazari Jr. was the final choice selected by the board. With him, other candidates for the position were Mauricio Minas, who was in charge of technology, Alexandre Glüher, of Investor Relations, Josué Pancini, of the Agency Network, Marcelo Noronha, of credit cards and investments, and André Cano of human resources.

Octavio was the final one selected to take over the presidency. He has a degree in economics as well as specializations in financial strategies and marketing. He’d been working in the bank since 1978 and has worked his way up to a director in the credit area in 1998. In 2012, he joined the Board of Executive Officers, and then in 2017, he became a Vice President Executive Officer and also CEO of Bradesco Seguros Group.

In addition to this promotion, a new board of directors was created from the pool of Vice Presidents. Among the new board of directors are Domingos Figueiredo de Abreu, Alexandre da Silva Glüher, Josué Augusto Pancini, and Maurício Machado de Minas. Two new Vice Presidents will be added as well, Cassiano Ricardo Scarpelli and Eurico Ramos Fabri.

Octavio will begin taking office after March 12th. Until then, Luiz Carlos Trabuco Cappi will continue holding office. Although he normally would have retired two years prior at the age of 65, because of the extension of the age limit allowing for a president to service, he was able to serve until he was 67. This extension change occurred in September 2016.

Read more on economia.estadao.com.br

Only the fourth man to hold the seat of the presidency in Bradesco since its start, Trabuco was born Marilia–the same place the founder of Bradesco, Amador Aguiar, was born. He went to Sao Paulo and received with a degree in Philosophy, Sciences, and Letters. He also received a post-graduate degree in Sociology and Politics.

It was in 1969, when he was just eighteen years old, that Trabuco began to work at the bank. During that time, he was appointed to the position of department director in 1984. 14 years later, in 1998, he took the position of Managing Director Executive. It took only a year after that to reach Executive Vice President. March 2003 was when he oversaw management of Bradesco Seguros. It was here that he helped the Seguros see some of its most profitable years. The company doubled its size. In 2003, it was taking in $32 billion in assets, but in 2008, it had jumped to $78 billion. In his very first year at Seguros, Trabuco saw that the return on equity increased from 22% to 29%. While he was in position there, the rate never dropped below 27%.

It was in 2009 that Luiz Carlos Trabuco Cappi took the seat of presidency in Bradesco, making him one of the most powerful people in Brazil. During his time as president, Bradesco has grown from 20 million account holders to 27 million. He also saw that Bradesco expanded. It now has 5,000 agencies as opposed to 3,500 when he started.

Trabuco believed that a traditional form of banking service would be ultimately what would keep Bradesco growing and profiting, even if the methods weren’t always profit-driven or efficient. By placing an emphasis on understanding the people and their values, he can give them better service, which in turn benefits Bradesco’s business. This is similar to Bradesco’s founding father, Amador Aguiar, who used to greet clients whenever they walked in. Judging by how successful he’s been, Trabuco’s reasoning seems sound.

Source: http://insiders.morningstar.com/trading/executive-profile.action?t=BBD&PersonId=PS00003Y11&flag=Director&region=USA&culture=en_US

Tony Petrello’s Commitment to Business and the Environment

Tony Petrello doesn’t routinely get named to any of the top lists of highest paid CEOs or wealthiest Americans, but he’s a face you should know. His commitment to business and the environment, as well as his moving personal story, are a true embodiment of the American dream. He is the CEO of Nabors Industries, a business that serves the oil drilling industry with one of the largest fleets of land and off-shore drilling rigs. Since 1991, he has served Nabors Industries in several capacities, including President and Chief Operating Officer, and Deputy Chairman.

This long-standing affiliation means that he is uniquely qualified to lead the company to new horizons, expanding the Nabors fleet while continuing to meet local ethical and environmental standards, and improving the quality of life for its employees. Nabors currently operates about 500 rigs in 25 different countries, including specialty rigs.

Tony Petrello comes from humble origins; he grew up in working-class Newark, New Jersey, but demonstrated a unique talent for math at an early age. In college at Yale, he attracted the mentorship of Professor Serge Lang, a mathematician who was known for his work in number theory. Tony also got his master’s at Yale before going on to Harvard Law School; he also married his college girlfriend, the soap opera actress Cynthia Carrafa.

The Petrellos have demonstrated an outstanding commitment to philanthropy; they have donated a total of $7 million to the neurological research institute at Texas Children’s Hospital – a movement inspired by their own confusion and pain after their daughter Carena developed cerebral palsy. Tony Petrello currently serves as a director at Texas Children’s Hospital.

Nabors Industries is a true “neighbor” to the growing global demand for oil, and few people are better-suited to lead it than Tony Petrello. Petrello has said that to get where he is now, he has merely been blessed with good luck.

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Capital Group Chief Executive Officer Proves His Expertise

Timothy D. Armour is one of the oldest and most valuable employees at Capital Group. He has worked with the company for thirty three years, seen people get elected and move on but has been consistent with the company contributing his skills and knowledge with his colleagues. He is now the current chief executive officer and also serves as the chairman. Timothy Armour has a vast experience in investments and guides the company and the clients to reasonable solutions. He shares the company’s mission which is to provide excellent service to their investors and financial institutions.

Following the death of Jim Rothenberg, the former chairman and chief executive officer at Capital Group, Timothy Armour was elected to replace by the board. The plan had already been set in motion even before the former chair passed on. Tim is respected by his staff and clients as he offers great counsel to them. Janet Yang, is personally happy with the choice of Tim as the company’s leader and commends his ability to identify the needs of his clients and to work passionately towards solving their problems and dilemmas.

Timothy Armour advises his clients to managers who are physically and intellectually available for their firms. These managers should be there with the company and work with their subordinates closely to make sure that they understand what is going on. He also urges investors to be careful as they invest due to the stagnating economy of the country and across the globe. He has a strong conviction that the federal reserves will increase the interest rates to enable the economy survive these challenges.

More recently, Timothy Armour led Capital Group into one of the successful accomplishments. He worked alongside his colleagues to enter the company into a strategic partnership with Samsung Asset Management. The two companies are convinced of working together and both benefiting from the partnership. Samsung Management is determined to learn Capital’s management strategies while Capital hopes it will learn Samsung’s marketing strategies. Both the CEO’s are confident in learning from one another which will also expand their market in Korea and the United States.

Timothy Armour has created a name for himself in the investment industry. With more than thirty two years at Capital Group, he knows the company inside out and is thus best suited at his job. His commitment to his company and his devotion to his clients make him an excellent leader and business man.

Learn More About Timothy Armour of Capital Group here.