Luiz Carlos Trabuco: Now The Senior – Most Employee At Bradesco Having Been The Chairman Of The Board

On 11th October earlier this year, many business publications across Brazil carried the headline, “Luiz Carlos Trabuco named the new chairman of Bradesco.” Since the bank is known for its unwavering stability, many were shocked at the announcement as it did not come at the scheduled succession period the bank has come to be associated with. That is, the position was not planned to become vacant during this period, but rather only became open after the previous chairman, Lazaro Brandao announced that he would be resigning. Since Luiz Carlos Trabuco has been serving as the bank’s president for the last nine years, this resignation also means that the bank has to appoint a new president. The new team of Luiz Carlos Trabuco and the incoming president will now be responsible for taking Bradesco to newer heights.

The departure of someone as experienced as Lazaro Brandao would obviously be a big loss for any organization according to Fortunately, however, the replacement can assume the position of chairman immediately, and Luiz Carlos Trabuco has thus already started fulfilling the responsibilities of his new position. However, the position of the president can only be filled at the annual general meeting usually held in March. As such, Luiz Carlos Trabuco’s successor will not be named till March 2018 on To prevent the development of a leadership void in the bank’s senior leadership, Mr. Trabuco will for the next four months continue serving as the president of the bank.

Read more on PDV exceeded expectations, says Bradesco president

More on Luiz Carlos Trabuco

Since Luiz Carlos Trabuco will for the next few months serve as both the president and chairman of Bradesco, his input will significantly determine the bank’s prosperity going forward. Fortunately, Mr. Trabuco’s track record at Bradesco shows that he possesses the leadership aptitude needed to hold down both positions. In fact, when announcing his resignation Mr. Trabuco’s predecessor, Lazaro Brandao expressed confidence in him by stating that he was the best-placed individual to take the bank forward seamlessly.

Luiz Carlos Trabuco has been working at Bradesco for the last 48 years. In the bank’s seven-decade history, only Lazaro Brandao has been employed for a longer period. Mr. Trabuco’s long stay at the bank has allowed him to work in almost all the areas of the bank’s operations on He first started out as a clerk at one of the bank’s branches before being promoted through various positions that cut across marketing, insurance, and finance. His most significant promotions, however, came after 2003.

In 2003, Luiz Carlos Trabuco was named the president of Bradesco Seguros. Bradesco Seguros is an insurance subsidiary owned by the Bradesco group. At the time Mr. Trabuco took over the leadership reins at the company, the insurance industry in Brazil was still in its infancy. Therefore, even while Bradesco Seguros was the largest player at the time, it continued hold of the top position was not guaranteed. Consequently, rather than adopt a relaxed approach as the insurer’s president, Luiz Carlos Trabuco aggressively went on the offensive by expanding the broker. By the time he was leaving the position in 2009, Bradesco Seguros had increased its market share to 25 percent and was also worth double what it was worth in 2003.

In the last nine years that Luiz Carlos Trabuco has been serving as Bradesco president, he has shown that he is more than equal to the pressures involved in running a large financial institution. His single-largest contribution was engineering a $5.2 billion acquisition deal that saw Bradesco return to the league of top banks in the country. Should he attempt similar moves while serving as chairman, Bradesco will be stable for years to come.

Learn more about Luiz Carlos Trabuco:

Betsy DeVos – Charitable Givings and Current Business

Betsy DeVos started her philanthropy wok many decades ago mixing it up with business and politics. Up to date, DeVos is Trump’s Secretary of Education, and she is pursuing the enforcement of voucher programs for schools and a few other changes on campus.


Over the course of her time doing philanthropy, Betsy DeVos has been focusing on donating to school and Christian groups exclusively, along with Republican campaigns. Has been involved with the Republicans for many years and has had some previous experience as the chairman of the Michigan Republican party for a mandate from 1996 to 2000.


Over the decades, a vast number of higher academic institutions, Christian groups, and Republican campaigns have been receiving donations from Betsy DeVos, her and her husband, as well as from their Dick and Betsy Family Foundation which they started up back in 1989. The couple has donated millions of dollars to charity through the foundation. As of 2015 the charitable giving of Dick and Betsy DeVos reached 139 M after Betsy DeVos donated $11.6 M to a number of different organizations and universities. In 2015, the DeVos family ranked up to be number 24 of America’s top givers in Forbes’ list.


Some of the institutions have receive regular donations from the DeVos couple and from their family foundation include the Michigan’s Foundation for Traditional Values; Center for Individual Rights; Michigan’s Pregnancy Resource Center; Right to Life Michigan Educational Fund. Other organizations include the Grand Rapids Christian High School AssociationCenter for Individual Rights; Acton Institute; Institute for Justice, and many more.


As the current US Secretary of Education, Betsy DeVos has been trying to enforce a number of changes in the education sector. Betsy DeVos has not yet addressed the rising teacher crisis that every state in the US is currently facing.


Betsy DeVos has been working in the business as well for many years. Her family includes businessmen such as her father who founded the Prince Corporation, her brother who also established a company of his own, and her mother who has been doing business for decades. Dick DeVos, her husband, is also a seasoned businessman. He created the Amway Corporation together with his grandfather and later established the Windqeuest Group. Betsy DeVos is currently working at Windquest Group as she is occupying a position in leadership at the growing company.


Up to date, Besty DeVos is a part of a number of organizations in the education sector. Her most popular role is as a board member at the Foundation for Excellence in Education. Betsy DeVos has been at the position for several years now. The Foundation is also known as Excel In Ed. It is essentially a think tank that promoted education and helps children enroll at a good school.


Follow Betsy DeVos on twitter.

Destruction in the Works

U.S. Money Reserve Joins Forces to Help Harvey Victims – Help is on the Way, At Least Financially!


Recent news sources state the U.S. Money Reserve has worked in close conjunction with the Austin Disaster Relief Fund to raise more than $215,000 for all victims of Hurricane Harvey. This top currency investment company, one well worth its weight in gold, promises to fund even more beneficial causes, especially those affecting its local state. Many Texan residents are thankful for the donation and hope that much more support comes out soon as Hurricane Harvey was more destructive than many can imagine.


2017’s Hurricane Harvey – Assessing the Real Damage

In its six days of destructive torrents, Hurricane Harvey forced tens of thousands of people out of their homes, leaving them only to flee into a destructive flood that awaited them outside. Within just a few days, many parts of Houston were completely flooded and immersed at groundbreaking levels. The hurricane was even classified as a Type 4, one of the worst categorizations imaginable for any natural disaster.


It’s a good thing that relief teams like the U.S. Money Reserve and the Austin Disaster Relief Network, along with the Billy Graham Evangelical Association and other top philanthropic pillar organizations, were there to provide assistance after the worst of it all. Their help could not have come too soon. Now, who knows if things will ever be the same for beautiful Houston? Experts say only time will tell, but many Texans aren’t willing to stick around and wait; in fact, dozens have already left the state to pursue a new life elsewhere, some without much food, money or other essential living resources ( These brave souls felt the need to leave such a painful memory behind and “start over a new leaf”.


The disaster caused was absolutely horrendous, and most speculate that it will take years to repair. Homes, hospitals, schools, restaurants, gas stations, and other public places were completely evacuated and soon destroyed afterward. Texas officials even noted that such “natural destroyers from within” had not been so negatively impacting in years and that Hurricane Harvey was record-breaking. Many affirmed.


U.S. Money Reserve – More Information

The U.S. Money Reserve is a Texas-based institution. It holds millions in financial assets and thousands in charitable contributions. It hopes to increase such numbers within this very decade.