Lazaro Brandao Steps Down From Chairmanship, Appoints Luiz Carlos Trabuco Cappi As Successor

Lazaro Brandao, the 91 year old father figure of the Brazilian banking giant Bradesco, has announced that he will finally step down for the last time this month. In his place, Luiz Carlos Trabuco Cappi will become the first new chairman of the bank’s board in more than 27 years.

The announcement, while not surprising, was met with a certain lack of enthusiasm among many stakeholders in the firm. For more than 36 years, Brandao has been an icon of Brazilian banking and has risen to the level of a sort of spiritual avatar of the firm that he has led. Over his 27 years as chairman, he has overseen the period of the bank’s strongest growth and greatest prosperity, securing him a place in the hearts and minds of shareholders that non-founding executives of companies rarely are able to occupy. Lazaro Brandao has, arguably, reached the same stature with Bradesco’s shareholders that Sam Walton and Warren Buffett have reached with theirs.

The Rise of a Legend

Brandao’s departure marks the end of an era for Bradesco. After first coming to work with the bank in 1943, the first full year of the bank’s operation, Brandao was quickly promoted up the ranks. In 1981, he became CEO, a position that he would hold for the next 18 years, making him the longest-serving CEO in the bank’s history. In 1990, he also became chairman of the board, a position that he held concurrently with that of CEO between 1990 and 1999.

Such was the success of the bank throughout Brandao’s period of leadership that no one else within the firm comes close to his claim as the key figure in Bradesco’s history. No one, that is, except Luiz Carlos Trabuco Cappi.

Read more on g1.globo.com

Like Brandao, Luiz Carlos Trabuco Cappi began working at the bank while fresh out of high school. He had aspirations of attending college but didn’t have the necessary funds to do so. He quickly proved himself to be an able employee, moving up through the ranks, eventually landing as a regional manager. Throughout the 1970s, he was able to put himself through night school at one of the most prestigious universities in the country. He eventually got a bachelor’s degree in business administration as well as a master’s degree in social psychology.

By the early 1980s, Trabuco Cappi had amassed one of the most impressive resumes in the bank. In 1984, he was appointed to his first real executive role. As head of the firm’s marketing department, he was able to institute a number of highly effective changes that would prove to be instrumental in the company’s expansion throughout the 1980s.

In 1992, he was appointed to head up the company’s financial planning division, which had been stagnating under less than competent prior management. There, Trabuco Cappi began innovating, devising a tiered banking system that deliberately catered to high-net-worth clients. The strategy eventually proved highly effective, with Bradesco nearly cornering the high-net-worth personal banking market, driving tens of million in new capital onto the bank’s balance sheets.

In 2003, Trabuco Cappi was again promoted, this time, to the head of the bank’s insurance underwriting unit. As the head of Bradesco Seguros, he was able to dramatically increase the volume of business the division took in. While he was there, Bradesco Seguros became the single largest underwriter of retail insurance policies in the country, surpassing even all the dedicated insurance conglomerates.

This impressive record has made Trabuco Cappi a favorite of Brandao. The latter has repeatedly reassured investors and stakeholders that Trabuco Cappi is the best man for the job, anywhere in the world.

See: http://economia.estadao.com.br/noticias/geral,trabuco-afirma-que-anuncio-de-substituto-pode-acontecer-antes-do-calendario-de-sucessao,70002039084

Glen Wakeman- A multitalented person

Glen Wakeman is known as a multi-talented person in the United States with at least twenty one years of management experience as a social entrepreneur mentor, writer, an investor and a financial manager. He is currently a CEO and co-founder at LaunchPad Holdings, LLC. In the past, Glen has worked with many companies including GE Capital. Since Glen worked at a global level with many international organizations. This helped him to work in almost thirty-two countries gaining a vast experience and knowledge by knowing their cultures and traditions. His almost two decades of professional life led him to live in six countries. Out of many fields in which Glen specializes, new market entry, business consultation, integration, start-ups and merger, and acquisitions are a few prominent ones.

Being a CEO of LaunchPad Holdings, LLC, Glen has helped the organization to grow immensely on a global level. LaunchPad Holdings is an integrated Software as a Service (SaaS) organization. It helps the new amateur businesses and startups to use this online platform effectively, learn from it and enhance their chances of success. Glen always wanted to share his vast experience to the younger generation so that they can succeed in their professional lives. He loves to share his ideas and views through social media. He often blogs on various topics like business administration, global affairs, business planning services, capital raising and much more. Glen also acts as a mentor and provides guidance to many young business professionals on how to lead their businesses and increase them at a global level. He has helped businesses like Sitter Bees, Dreamfunded, etc.

He graduated in Accounting and Finance from the University of Scranton. He then got his MBA degree majoring in Finance from the University of Chicago. His academic life was quite bright which aided him in his profession. Besides education, he acquired the skills necessary for running powerful businesses. His intellect and the power to make right decisions helped him in achieving the professional glory. He was also given the title of Growth Leadership from the board of GE Capital during his work there. Until now, he has helped a lot of individuals and aims to help more through his experience.

Building A Business In This Day and Age

Doe Deere is the woman behind how Lime Crime has become what it is today. The brand started off as just an idea for her back in the day. She launched it back in 2004. However, she did have a very small business before that. She started off selling DIY products through her own eBay store. She made it as a means to start her path and eventually she built Lime Crime later on. Today, the brand is selling great lineups of things like lipsticks, eyeliners, hair dyes, and everything else on the horizon throughout the cosmetics industry.

 

Doe Deere found her person and built a brand off of that single passion of makeup. There are people who want to build a brand or company but don’t know what kind of market to focus on and choose the right niche. The key is to listen to your interests. What do you enjoy doing? What sets off your mind with your interests? What excites you?

 

In order to create a business, you need to know what gets you excited and happy. The key is to find the business that you truly love. Finding a niche is not an overnight process, and there’s a lot of work involved on finding what works and what kind of business you want to have.

 

You really need to have a good business plan in place afterwards. This business plan is going to go through all the things you want to invest in and what you may need in order to move forward with your business. You cannot have an investor want to give you a good amount of money as capital unless you have a business plan that proves what you are going to do with the capital. This is even more vital you need more than a million dollars in order to have your brand and company built from scratch. Learn more: http://guestofaguest.com/los-angeles/interview/interview-lime-crimes-doe-deere-on-how-to-make-your-dreams-come-true

 

Do not be afraid to start off small and tiny. You can always take the business idea you have and start off with just a small investment of your own money to get the ball rolling and starting. You never want to run straight into it all. Investing your own money can be tough. Usually getting that big investment is great for getting started right away so you can get big on your ideas and get the chance to go all out. Learn more: https://ideamensch.com/doe-deere/

 

Building any business is about strategy and knowing what your strengths are as a business. Do not just jump into any idea without researching and knowing and learning about the market as best as you can. The truth is that there are many opportunities that are coming to you if you create that business plan.