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CEO Life/Banking Firms

Luiz Carlos Trabuco And How He Climbed Bradesco’s Ranks – His Teen Years, Young Adulthood, Modern Life, And Notabele

Posted by JacobT on

Luiz Carlos Trabuco has been with Banco Bradesco in the capacity of President, a position that translates equally to most roles of Chief Executive Officer, for eight years. Bradesco and Mr. Trabuco were born eight years apart, coincidentally enough, both in the city of Marília, having transformed from a dull city to one vibrant with life in past six to seven decades, currently bustling with nearly a quarter-million Brazilians.

The 65-year-old Mr. Trabuco is known by many Brazilian citizens and bankers across the globe for his involvement in Banco Bradesco’s $5.2 billion purchase of HSBC Holdings’ Brazilian banking network. Although $5.2 billion is unarguably a ton – literally and figuratively – of money, although the like-on-like acquisition held high utility for Brazil in multiple ways. However, Mr. Trabuco faced opposition from some within Bradesco and critics all over South America prior to the deal taking place, testing the Bradesco executive to make a good decision despite what others recommended. As the past two years have clearly identified, the acquisition of HSBC Brazil was highly beneficial for Bradesco. Here’s how it played out, and why Luiz Carlos Trabuco was tempted to go through with the acquisition.

With rival Itaú Unibanco becoming the largest bank in Brazil strictly through the merger that created it, making the HSBC acquisition attractive to Bradesco. There was also a chance of other banks in Brazil other than these top two performers, Itaú Unibanco and Bradesco, that could have acquired HSBC and became larger than before. Similarly, Itaú Unibanco could have purchased HSBC’s assets itself. HSBC’s Brazilian banking network was the only financial institution large enough to be worth its acquisition at the time; besides, banking networks often aren’t up for sale, spurring Bradesco’s management team, led by Luiz Carlos Trabuco, to promptly consider its possibilities. Even further, HSBC Brazil had been failing in recent years due to lack of proper management and familiarity with the Brazilian banking industry. With HSBC Holdings’ headquarters located in London, England, it was difficult for its executives to actively manage its branches, let alone check up on its performance.

All these factors combined created a perfect storm in which Banco Bradesco could profit from purchasing HSBC’s South American nexus of financial institutions. After Luiz Carlos Trabuco had contemplated the possible benefits of acquiring HSBC Brazil in the fourth quarter of fiscal year 2014, Mr. Trabuco had forwarded all necessary paperwork, contract forms, and other documentation for HSBC Holdings to complete their purchase, contemporary Chairman of the Board of Directors Lázaro Brandão provided his stamp of approval shortly after receiving formal notice from his Presidential successor Luiz Carlos Trabuco. Then they waited.

Although it took until the first quarter of 2016 for HSBC Holdings’ executory team and legal councilmen to finalize the sale, at this point, Bradesco’s spot as the second-largest financial institution in Brazil was firmly solidified, inching it closer to the regaining its former title as the king of Brazil’s financial sector.

Luiz Carlos Trabuco kicked his career into action by attending the University of São Paulo for a bachelor’s degree in philosophy, capping his time there off with a postgraduate degree in socio-psychology, both of which improved his already-high talents in communicating with others. Mr. Trabuco’s first job was with Bradesco in both parties’ hometown, Marília, as a teller. Two years passed, after which Mr. Trabuco moved nearly 300 miles back to São Paulo to work at Bradesco’s modern headquarters in 1971.

He filled various positions over the years, most notably being President of Bradesco’s insurance group, as well as President of its pension subsidiary. After 11 years of him accepting his first intracompany Presidential role, Luiz Carlos Trabuco was named President of Bradesco’s whole institution in 2008.

CEO Life

The Role of AXA Advisors

Posted by JacobT on

AXA Advisors is a company that works on delivering financial security to various organizations that are in great need of it. AXA Advisors is a French International Organization. It was founded in the year 1859. This organization has always been competent in what it does especially being available and dedicated to their customers. On the other hand, the customers are always satisfied with the services they receive from the company. Their services are investment management and worldwide insurance.

In the year 2016, the firm collaborated with the best global brands to make more success. Some of the places where the company’s business is in are; North America, The Middle East, The Asia Pacific Region and Western Europe. Mutuelle de L’assurance center L’incendie used to be the name of AXA Advisors. It was able to buy Winterthur group worth €9 billion. According to Wallet Hub, this group is famous for being the top insurance organization in Switzerland.

AXA Advisors is a firm that also helps the community to do better; they are in association with charitable firms so that they can work together in making the society better. It is situated in Paris at the 8th arrondissement. They have been able to come up with AXA Research fund; it has been able to reduce difficulties that are connected with humanity, community, and environment.

AXA Advisors’ top leader is Vincent Parascandola, he is the senior vice president of the company. His duty is being in charge of fresh financial professionals, sales, efficiency and employment growth. He first was hired as an agent at Prudential. He has been in the business industry for 25 years. After leaving Prudential he moved to MOY Life Insurance Company. He was able to join AXA Advisors due to his incredible skills in management. Vincent Parascandola graduated from Pace University with a degree in science.

According to brightscope.com, he previously was the president of AXA Equitable Unit and was also appointed as the co-administrator in New York at the firm’s branch. He then became the senior vice president of the firm. Vincent’s effort in the company was greatly awarded; he got Master Agency Awards and GAMA’s Career Development.

CEO Life

Duda Melzer And His Approach Leading RBS Group

Posted by JacobT on

RBS Group is the largest telecommunications company in Brazil, and it is a family business that is now run by Eduardo Sirotsky Melzer. He has ascended to the head of the family because of the brilliant work that he has done, and this article explains how he plans to improve the company, expand its reach and improve its offerings. Someone who is in business or needs home service will find all that they need using the RBS Group. Check out Clicrbs for more info.

#1: What Does RBS Group Do?

RBS Group is a telecom company that will offer cell phone, home phone and Internet service to anyone who needs it. The company has grown to be quite large over the years, and it is one that wishes to expand services because they need a connection that allows them to live a modern life. Duda believes that more people in Brazil should be allowed to use the Internet and communicate across borders, and his support of this mission makes him the perfect leader.

#2: An Expanding Middle Class

Duda wishes to serve the expanding middle class in Brazil by searching for ways to give them better Internet and phone service for their homes. They may use the same services for their businesses, and they may use these options to ensure that they are saving money at every turn. Duda does not wish to waste the money of the public, and he wants to charge less to ensure that everyone who is in need may find what is required.

Duda Melzer has proven to be the fines leader for RBS Group, and he will continue to do amazing things to support this company. The company will grow by leaps and bounds, and he will continue to discuss his leadership strategy so that more companies may follow his lead.

Check out eduardosirotskymelzer.com

See more: http://g1.globo.com/rs/rio-grande-do-sul/jornal-do-almoco/videos/v/presidente-do-grupo-rbs-eduardo-sirotsky-melzer-falar-sobre-a-transformacao-da-zh/3321858/

CEO Life/Business Leader

Capital Group Following the Right Path to Success

Posted by JacobT on

According to a MSNBC article, Warren Buffett has put $1 million dollars on the line, saying he could make better investment returns by only investing in a S&P 500 passive index fund, instead of following the status quo, which many hedge fund managers do. The gamble is expected to be decided this year, and Warren Buffett looks to be the winner. Warren Buffet believes that expensive funds end up costing investors in the long run. Warren Buffett and Tim Armour favor low cost and simple investments and to hold them for a long time.

 

Warren Buffett has attributed his success to “bottom-up” investing, which works by analyzing companies and compiling a strong portfolio. Warren Buffett is becoming concerned with Americans who are not saving enough for retirement. He’s also encouraged Americans to invest and to continue to stay invested. Warren Buffett does not support the “active versus passive” debate, telling shareholders that it hurts more than it helps investors. Warren Buffett does not invest in mutual funds because they offer poor returns because of high management fees and are traded too much and learn more about Timothy.

 

Warren Buffett can produce positive investment returns, which creates a positive retirement. Buffett can filter out the strong investors from the weak investors by analyzing those with low expenses and those who use a large amount of their own funds and Tim’s lacrosse camp.

 

Timothy Armour is Capital Group’s chief executive officer and in 2015 became chairman of the Capital Group Management Company. He has been at Capital Group for over 34 years and has gained extensive knowledge of investing. Tim Armour started his time with Capital Group as a proud participant in The Associates Program. Tim Armour started his investment work with Capital Group as an equity investment analyst at Capital Group, where he covered global telecommunications and American service companies.

 

Tim Armour calls Los Angeles, California home. He earned his economics bachelor’s degree from Middlebury College. While at Capital Group, he has managed to appear on CNBC and MSNBC. He’s also been featured in numerous magazines including Bloomberg and the Financial Times and resume him.

 

Tim Armour has been part of some of the major corporate mergers of the last decade. Tim Armour has been successfully guiding Capital Group through turbulent times in the market. He continues to help those who need to invest and read full article.

 

Other Reference: https://www.thecapitalgroup.com/us/about.html

CEO Life/Businessmen

Video Marketing with Talk Fusion

Posted by JacobT on

Talk Fusion is all in one video marketing. They work with businesses around the world, helping them to increase their sales and profits. They are an innovator in video marketing, beginning with the launch of their video email in 2007. They now offer four additional products; video newsletters, signup forms, live meetings and video chats. These products help you connect with and stay connected to customers and prospective customers.

Bob Reina founded Talk Fusion in 2007 in the United States, and is its current C.E.O. It has since expanded into at least 85 countries, becoming the 8th largest online video content providing company in the world. Today they are still gaining momentum worldwide.

Bob Reina has a degree in Criminology from the University of South Florida, and placed first in his police academy class. He was working full time as a police officer when he began working part time in marketing. In 2004 he was told it was impossible to email a 10 second video to some friends. Bob set out to prove that theory wrong. With the help of an IT genius friend he did just that, and so much more.

Bob Reina is a self disciplined man with a sense of humor and an entrepreneurial itch. He has a passion for marketing. He not only brings insight and dedication to work with him, but also his family pets. He is an animal lover that donates his time to support nonprofits that help animals.

To find out more about Talk Fusion products check out their website. To learn more about Bob Reina or Talk Fusion you can do a simple Google search.

CEO Life/Businessmen

A Look at Coriant

Posted by JacobT on

Telecommunications is a business field that has a very heavy influence on the world we live in, and continues to grow with each passing day. Coriant is a company involved in this field and knows this too well.

Coriant is the name of an independent telecom company that was first created in 2013, having its company headquarters in Germany and the United States. The company was originally part of Nokia Siemens Networks before it got its own start but then decided to declare itself as an independent company that is also owned by Marlin Equity Partners. Along with this, Marlin Equity has made the announcement that Coriant and Tellabs, another telecom company that supplies the technology for Coriant, will take part in a business merger while everything as a whole will run as Coriant.

Heading the company of Coriant is Shaygan Kheradpir, the CEO. Kheradpir was recently appointed to the position of CEO and chairman of the board, after having worked closely with all of the vendors and partners of the company, specifically with Marlin Equity. With him in the leading position he now takes over for Pat DiPietro, who is now the vice chariman of Coriant.

Kheradpir himself is a native of London, United Kingdom but spent a chunk of his youth living in Iran. Eventually he decided to move to the United States and attend Cornell University, receiving bachelors, masters and doctorate degrees in the electrical engineering field. After college he took his first job as a network routing manager at GTE Laboratories, which merged with Bell Atlantic to form Verizon in 2000. He served as the president of one division and was then promoted to the first chief information officer (CIO) of the company. Over the course of his career at Verizon, he was responsible for numerous breakthroughs and accomplishments, including reducing the information tech budget, cutting down on the necessary staff needed and reductions in spending from technology vendors. His team was also able to develop and fix certain systems in Verizon, such as the calling center and any customer service systems.

CEO Life/Businessmen

Shaygan Kheradpir Returns To The Boardroom With Coriant

Posted by JacobT on

The technology startup Coriant has been growing at a fast rate since the purchase of optical development departments from Nokia by Merlin Equity Partners. Merlin rolled a number of companies under the single Coriant umbrella to create an optical hardware and software delivery company that it is hoped will rival the giants of the industry, such as Cisco. The company has been developing under the leadership of Pat DiPietro who is now moving to the role of vice-chairman. In his place as CEO comes former Barclays and Verizon executive Shaygan Kheradpir who will look to use his more than 20 years of business experience to develop the business in the coming months and years.

Shaygan Kheradpir should be in a strong position to push forward the Coriant brand as he has a wealth of experience in the technology industry. Kheradpir began his career with GTE Labs and continued as a research and development specialist when the company merged with Verizon. Kheradpir was at the forefront of developing many of the practices that lowered both development costs and the ability of Verizon to create new hardware at a fast pace.

After finding success in lowering both the research and development costs for Verizon and developing a number of strategies that lowered the costs of IT for the company, Kheradpir moved on to the financial giant Barclays. The position of Kheradpir at Barclays was so strong that he became the first technology executive to sit on the board of the company and developed a number of technology based products that are now financial industry standards.

The role Shaygan Kheradpir is taking up in the Coriant organization is closely linked to that he held at Verizon. The announcement that Kheradpir is joining Coriant as the new CEO was accompanied by news that he has been working on an overall review of the company with Coriant executives for a number of months. The executive will look to maximize profits for Coriant while still providing a high quality product for the brand.

CEO Life

Forefront Capital Opens Doors To Non-Accredited Investors

Posted by JacobT on

Since the Forefront Group was founded in June 2009, Forefront Capital Management and its subsidiaries, focused their efforts on accredited investors. At that time, to be considered an accredited investor, clients must meet certain financial criteria established by the Securities and Exchange Commission (SEC). The SEC states that an accredited investor must be a corporation or one of the following:

1. A natural person who has an individual net worth, or joint net worth with their spouse, that exceeds $1 million at the time of the purchase, with the exception of the value of the primary residence of such person.

2. A natural person with income exceeding $200,000 in each of the 2 most recent years or joint income with a spouse exceeding $300,000 for the same years and expectancy of a similar income in the current year.

After 30 years the SEC realized there had been an exuberant amount of increased knowledge and stock market oversight. This led to updating the definition of an accredited investor. The Dodd-Frank act actually mandated that this happens every four years now. This recommendation from the SEC Investor Advisory Board led to the replacement of income and net worth tests and replaced that system with a newer one that takes into account financial sophistication such as an individual’s education, investment experience, and other criteria.

Brad Reifler, CEO of Forefront Capital Management, is switching gears after a couple of personal experiences opened his eyes to the 99 percent of possible investors that were not on the radar. After Reifler lost 40 percent of his 529 college fund he had set up for his children years prior, he realized this was an epidemic affecting many Americans. He also began to see that this problem led to a huge economic disaster which has added up to over $1 trillion dollars in student debt and almost half of Americans with less than $6,000 in savings. Reifler was also faced with trying to invest his 80 year old father-in-law’s life savings only to realize he was not considered an active investor. Thus, Forefront Income Trust was born. Reifler and his team began developing a fund that the 99 percent could invest in. This gave the non-accredited investors, or middle class, and opportunity to invest $2,500 that could be added to or withdrawn from every quarter.

Brad Reifer graduated from Bowdoin College as CrunchBase shows, with a degree in Economics and Political Science. He began his first company, Reifler Trading Corporation in 1982.

Reifer went on to found Pali Capital and under his leadership made over $200 million in profits. He had offices in the U.S., U.K., and Australia during his tenure. Reifler is now the CEO of Forefront Advisory where his 30 years of experience has given him a reputation of excellence.