Luiz Carlos Trabuco has been the president of the second largest, privately owned bank in Brazil, South America until recently March 12, 2018, when he retired and announced a change of guard to allow a new administration to take over.
He graduated with a bachelor in the faculty of Philosophies, Sciences, and Letters from the University of Sao Paulo. He had his postgraduate diploma from the same institution but a different faculty; Faculty of Social Psychology.
Luiz Carlos Trabuco joined Banco Bradesco in 1969 and progressively rose to occupy different administrative positions before being the president of the bank. In 1984, he acted as an officer in the bank and by 2009, he had risen to become the Chief Executive Officer, Chairman and ultimately President of Bradesco. He once served as the president of National Association for Private Pension Plans for six years from 1994 to 2000. He was also one of the board members of the managing board for the Brazilian Association for Listed Companies from 2000 to 2003. He has also held administrative positions in different companies throughout the world.
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Luiz Carlos Trabuco served longest in the Banco Bradesco for forty years, after taking over the presidency of the institution on the resignation of Lazaro de Mello Brandao, until recently when he reached 67 years. He is highly respected and was actively involved in the selection of his predecessor to make sure that the bank was left insecure and capable hands. The administration of the bank together with the help of Luiz Carlos Trabuco settled for Octavio De Lazari Junior who was by then one of the vice presidents of the institution according to estadao.com.br. At the time of leaving the bank, he had managed to create a legacy that his successor reckoned and promised to renew, an indication of the success of Luiz Carlos Trabuco in the bank.
He readily expressed his opinion without fear, on important issues affecting his country. He pleaded for reforms to be carried out in the pension structure of the country and worked towards bringing changes in the pension scheme when he was the head of National Association for Private Pension Plans. He has also championed the fight against patriotism in the country. He believes in the efforts of people and uses it as a tool to make Bradesco prosper and develop further from where he had found it.
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