Dawn Of A New Day At Banco Bradesco SA

Up to October 11, 2017, Lazaro de Mello Brandao was the chairman of the of the board of directors of Banco Bradesco SA, the second largest private bank in Brazil. The retired executive assumed the chairmanship role in 1991, following the demise of the then chairperson, Amado Aguiar. At the time of ascension to the chairmanship, Brandao was the president of Bradesco, a role he had held for 10 years. Upon being appointed to succeed Aguiar in 1991, Brandao did not relinquish his position as the president of Bradesco; He held both roles until 1999 when he stepped down as the CEO of the Osasco-based Bradesco. Brandao, however, remained in charge of the board of directors, representing the Bradesco Foundation—the controlling shareholder of Bradesco.

According to globo.com Brandao’s recent resignation was a personal decision made in the interest of Bradesco, especially its leadership. In a news event that covered his departure, the 91-year-old Brandao stressed that his stepping down would allow Bradesco to appoint a younger executive to take over the leadership of the board, and as a result, fostering the spirit of continuity and renewal, valued at the bank. Although Bradesco’s board will miss out on Brandao’s expertise and business acumen, some holding companies associated with Bradesco such as Bradespar SA will continue enjoying Brandao’s managerial proven knowledge.

Read more: Trabuco to Take Over the Presidency of Bradesco’s Board

Taking over from Brandao is Luiz Carlos Trabuco, who is also the serving CEO of the bank. Luiz Carlos Trabuco joined Bradesco in 1969 and was appointed the CEO of the bank in March 2009. Luiz Carlos Trabuco is currently the chairman and CEO of Bradesco. He, however, is scheduled to retire in March, and the bank is scouting for a new CEO. Bradesco, according to Luiz Carlos Trabuco, will appoint its fifth CEO from among its high-ranking executives.

The mention of the words “high-ranking executives’’ prompted journalists to keenly analyze the bank’s current leadership in an attempt to make educated guesses regarding Luiz Carlos Trabuco’s successor. Bloomberg’s Felipe Marques and Cristiane Lucchesi listed names of prospective CEOs. They include
• Mauricio Machado de Minas
• Alexandre da Silva Gluher
• Domingos Figueiredo Abreu
• Josué Augusto Pancini
• Marcelo de Araujo Noronha
• Octavio de Lazari
• André Rodrigues Cano

They are referred to as “high-ranking executives” because they are in charge of Bradesco’s critical department and subsidiaries. Cano, Minas, and Abreu are in charge of the bank’s human resources, IT, and treasury and lending departments respectively. Lazari is the head of Bradesco Seguros, Bradesco’s subsidiary in charge of its insurance business. Lazari holds the same position that Luiz Carlos Trabuco held prior to being named the CEO of Bradesco.

More on Luiz Carlos Trabuco
The executive had a modest start at Bradesco: The bank hired him to discharge clerical duties. Luiz Carlos Trabuco was only 17. In fact, he had not attended college or any other institution of higher learning. While he acquired practical skills at Bradesco, Luiz Carlos Trabuco attended Sao Paulo State University, where he pursued philosophy. He later joined Fundação School of Sociology and Politics of São Paulo, where he attained a postgraduate certificate in socio-psychology.

Luiz Carlos Trabuco has held various influential positions at Bradesco. He was, for instance, the president of Bradesco Seguros between 2003 and the time he assumed the presidency of the bank. At the helm of Bradesco Seguros, he initiated an exponential growth that saw Bradesco Seguros double in size. The subsidiary, as a result, increased its revenue contributions to its parent company by over 10 percent. As the CEO of Bradesco, he advised the bank to purchase the Brazilian branch of HSBC. While Bradesco spent $5.2 billion to accomplish the acquisition, pundits regard it as among the best inorganic growth strategies performed by the bank in the recent past.

Learn more about Luiz Carlos Trabuco: http://economia.estadao.com.br/noticias/negocios,estamos-com-o-dedo-no-gatilho-para-emprestar-dinheiro-diz-presidente-do-bradesco,70002160257 http://www.camar.sp.gov.br/images/imagesnoticias/851/principal.html

Madison Street Capital named the winner for the Debt Financing Deal of the Year.

The M&A Advisor has disclosed the winners in their 16th annual M&A Advisor awards that was held on 13th November 2017 during the M&A Advisor awards at the metropolitan club. Madison Street Capital is one of the lucky companies that scooped the award on the category of Debt financing deal for the year for advising on the transaction for WLR Automotive.

 

From the time the company was established, Madison Street Capita has been honoring the leading M&A transactions, dealmakers, and other companies. The company was selected from more than 650 participating firms to get the award. The CEO and president of M&A Advisor point out that it gives the company the pleasure to acknowledge Madison Street Capital as they bestow them with the highest honor for M&A companies and experts. He adds that Madison Street Capital exemplifies the best of the M&A company in 2017 and it received these honors by standing out in a group of the most impressive participants.

 

Charles Botchway, the CEO of Madison Street Capital, says that the company is honored to receive an M&A Advisor this year in the debt financing category. On top of that, the CEO congratulates the WLR Automotive and the company’s lead on the transaction.

The Gala is the leading celebration of the year for the company’s top M&A Dealmakers, and it took place in conjunction with the 2017 M&A financial advisory conference that featured more than 500 industry’s top M&A experts who participated in exclusive interactive forums.

 

About Madison Street Capital

 

This is a one of the leading global investment banking company that is committed to integrity, excellence, leadership and service in providing quality services. Some of the services that Madison Street Capital is committed to delivering include:

 

  • corporate financial advisory services
  • Merger and acquisition expertise
  • Financial views

Valuation service to privately and publicly owned companies

 

All the services help the company’s customers to excel in the international marketplace. When undertaking every new project, the customer’s mission and objectives become theirs, and the goals might include financial advisory, and successful capital rises to M&A transactions to change of ownership. Madison street capital considers the emerging markets as the basic component that drives the global development of its clients. For that reason, the company will continue focusing on the significant asset in these markets. The company has acquired the trust of its clients around the globe through its unwavering determination to the excellent levels of professional standards. Learn more: https://www.inc.com/profile/madison-street-capital

 

China Sea Conflict Over Fishing Rights Says Martin Lustgarten

While there is estimated to be 11 billion barrels of oil and 190 trillion cubic feet of natural gas buried under the South China Sea, according to an article published via Forbes, that is not the real issue laying at the heart of the problem. Instead, the real heart of the issue is sovereignty. While problems date back to 2008, on April 8, 2016, Vietnam demanded that China National Offshore Oil Company remove its exploratory drilling rig.
One of the reasons that determining sovereignty is so important is the sovereign nation has fishing rights. Countries fighting over their share of the water include China, Vietnam, Philippines and Indonesia. In fact, Indonesia blew up over 197 Filipino fishing boats over the last two years. Daily conflicts are constantly taking place between anglers. While Chinese leaders deny that they are building up their military in the area, President Obama has deployed 5,000 troops to the region.
China claims these fish are needed to feed their 1.3 billion people. The Chinese consume almost 40 percent of the fish eaten globally each year. Indonesia operates over 460,000 fishing boats annually. As competition increases, anglers must move further from shore to get their catch resulting in higher costs.
Many around the world, however, fear that the Chinese have an ulterior motive for their large fishing fleet. These experts claim that China plans to use their boats as military weapons.
While this story may not garner much press, it can be highly important for investment bankers trying to make right investment decisions. In fact, CEO Martin Lustgarten stresses that this issue underscores the importance of working with the right investment banker. While many would assume that the reason that so many countries are fighting over the oil and natural gas, the truth is that these countries are fighting over fishing rights.
This investment banker living in Ponte Vedra Beach, Florida, stresses that it is important to have an investment banker with contacts throughout the world. He says that way investors get a more balanced look at what the world is thinking than when relying on sources within just one country.

Additional links: paulandlindagaume.com/