Luiz Carlos Trabuco, Classic Inside Man, Recruits From Outside Bank

Luiz Carlos Trabuco is about the closest thing that those of us living in the modern age will ever see to a Horatio Alger story. The CEO of Bradesco, one of the most important Brazilian banks, rose from the lowest position in his company to the highest, becoming the top dog at a banking conglomerate that employs over 100,000 people.

But it may be disheartening to some to learn that the starry-eyed kid who was able to pull himself up by the bootstraps has so thoroughly internalized the maxims of the modern, globalized financial industry that he as taken many steps that would make it almost impossible for someone like him to repeat today what he was able to accomplish as a youth. It seems that in a globalized financial system, institutional imperatives subsume all else.

The man recruited from within recruits from without
One of the most heatedly controversial aspects of modern corporate life is the fact that, so often, those populating the executive suite are a professional class of executives. Many who do not operate at the higher echelons of the corporate world are unaware that, today, it is nearly impossible for one to work their way up from the mail room to the executive suite. And the exceptions often prove the rule.

Such is the case of Luiz Carlos Trabuco. The CEO has recently garnered some criticism for filling executive roles with people from outside the company, a move that many say is hypocritical due to the fact that Trabuco himself was promoted from within the company to various executive ranks. In fact, given Trabuco’s hiring track record, today, it would be almost impossible for someone young to follow in his footsteps and climb all the way through the ranks of Brazil’s largest retail bank.

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However, the difficult aspect of all of this is, no matter how much contention and demoralization such outside recruitment of executive talent causes among the rank and file employees, it nevertheless remains true that Trabuco is likely just following the most rational course of action. In today’s highly complex, competitive and globalized marketplace, failure to recruit the absolute best executive and managerial talent means that any CEO that does so is quite literally putting his company at risk. If he recruits a substandard executive, he can rest assured that his competition will not, giving those firms willing to go the extra mile in recruiting the best a huge relative advantage.

This is the stark reality of a practice that often appears cruel to a corporation’s hard-working employees and frequently smacks of cronyism and country-club business practices. But the question remains. If even someone like Trabuco is only able to rise due to his ability to internalize the globalist zeitgeist, is there any real chance to reform the system from within? Many other of Trabuco’s action tend to sway the answer in the direction of a firm “no”.

For example, some of Trabuco’s most successful moves at the bank, ones for which he was recognized and promoted to higher roles within the company, were arguably even more elitist and exemplary of the globalist impulse than his recruiting practices. One such move was his decision to tier off banking services based on the value of the client to the firm. Prior to Trabuco taking on a managerial role in the bank’s financial planning division, the corporation’s philosophy had been to treat all customers more or less equally, independent of the value they presented to the company.

Trabuco quickly did away with that, creating an exclusive service for high-net-worth clients and enabling the bank to begin attracting some of the richest people in Brazil and Latin America as a whole. The strategy was a resounding success, increasing the bank’s revenues by tens of millions of dollars.

As inspiring as Trabuco’s rise from ground floor to executive suite is, it’s important to keep in mind that, for all practical purposes, he became an incarnation of the globalist impulse.

Learn more about Luiz Carlos Trabuco: http://www.istoedinheiro.com.br/noticias/negocios/20151218/luiz-carlos-trabuco-cappi-empreendedor-ano-nas-financas-2015/327856

THE FINACIAL GENIUS WITH A BIG HEART

Marcio Alaor has helped a lot with the BMG group making it among the top banking institutions in Brazil and Latin America since he started working with them in 1977. He is among the executive team of the BMG group. BMG group is the biggest sponsors of football in Brazil and 39 clubs have its name on their uniform. Not only does the company sponsor football clubs, five volleyball super league; three male and two female teams benefit. And they also sponsor three basketball teams. BMG group decided to let the teams have uniforms with their logo and name on it for their benefit too. Fans of football, volleyball, and basketball will come across their name in the field and when in need of financial assistance they will definitely trust to go to BMG group, this was a smart move and contributed positively to the growth of the bank.

Mr. Alaor who has a great involvement in the Consumer Electronics Show which is held annually, in 2016’s event he gave news about the changes in technology. In the event, a Chinese company was able to show a drone that was invented that has a capacity for passengers although they are not involved in controlling the drone, Marcio said the only concern to have is people’s safety. He also showed electric cars from Chevrolet, Ford, and Volkswagen. And a smart home novelty example is the Samsung refrigerator which will remind you to shop for what is finished by sending a photo. These CES events started in 1967 and over the years many inventions including some that have being used presently came up. 2017’s event was expected to be held between 5th and 8th January in Las Vegas, Nevada, United States.

BMG group formed a joint venture with Itaú Unibanco named Banco Itaú BMG Consignado SA. Banco Itaú BMG Consignado SA was started with a capital of R $ 1 billion. Itaú Unibanco controls seventy percent of voting capita stock and contributed R $ 700 million while the BMG group controls the remaining thirty percent and contributed R $ 300 million to make the total billion. Marcio believed operations could increase by R $ 300 million with the joint venture as compared to when BMG group was alone; he was appointed the new commercial director.

Marcio Alaor graduated from the Instituto Metosista Benett with a degree in business administration in 1989. He gives back to the community by helping a lot of people from his hometown Santa Antonio Do Monte; he has supported different initiatives; giving financial aid and even help in building the town’s development. The people honored him by naming a food court after him. Marcio has a big heart and he is loved by everyone especially in his hometown.

Investment Bankers Like Martin Lustgarten Important for M&A

When any company has done well and is looking to grow quickly beyond their current level, they often look to Mergers and Acquisitions (M&A) to leverage another company into their own. The most important step of the M&A process is an accurate valuation of the net value of an interesting company, ripe for such a change. Many people are unaware the best expertise in evaluating and analyzing a business are investment bankers, especially well seasoned veterans of M&A research, such as Martin Lustgarten. He is tops in his field with a track record for detecting real value in a company as opposed to simply believing the target companies press releases and public-facing spiel.

 

Lustgarten considers every aspect of a likely M&A candidate company. He looks at the property owned, the inventory kept, and all the liquid assets a business possesses in order to arrive at an accurate valuation for it in the market. This work requires a sort of Michelangelo Man, in that knowledge and skills in several different areas are required to do a comprehensive job as a M&A analyst. He has many successful examples of his work for many happy clients. They made the smart choice of hiring Lustgarten to perform part of the “due diligence” a Board of Directors requires before committing to either acquiring a target company or merging the business with that company.

 

As one of the best asset determination professionals in America, Martin Lustgarten has made a great career and built up his own investment bank. In his long career, innumerable client businesses have brought him in to apply his detailed process and produce a final valuation report that they can rely upon to help make the final M&A decisions. He has also assisted many private businesses in going public on stock markets. Some of his work involves helping clients make complex transactions with stocks, bonds, and assets, and always finding value where the company’s management has missed it.

More information for Lustgarten:

https://www.crunchbase.com/person/martin-lustgarten#/entity

https://www.facebook.com/lustgarten.martin

https://www.gofundme.com/martinlustgarten