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Posted by Gerry1982 on

Luiz Carlos Trabuco Is Proof Of Just How Effective Bradesco’s Succession Plan Is

For decades now, Banco Bradesco has consistently featured among the top banks in Brazil. Many banks in the industry have attempted to replicate Bradesco’s success but have all failed. In fact, it took a merger between Unibanco and Banco Itau, forming Itau Unibanco, to wrestle industry dominance away from Bradesco in the private bank sub-sector.

Unsurprisingly, many analysts and observers in the Brazilian banking industry have put Bradesco’s consistent success to effective leadership succession. Over the course of the bank’s seven-year history, it has only had four presidents. With so few yet effective leaders guiding the bank, Bradesco has not had any disruptions to its business as other banks in the country do during their succession cycles that occur every few years. The bank’s current president Luiz Carlos Trabuco has held the position for the shortest time but has arguably had the greatest impact.

Luiz Carlos Trabuco’s story at Banco Bradesco started in 1969. Even before that, however, the two shared a common history with Luiz Carlos Trabuco being born in Marilia, the city in which the bank was formed. At the time of joining the bank, Luiz Carlos Trabuco was barely a man at the age of 18 and first worked as a clerk at the bank’s Marilia branch. His unquestionable talent was soon noticed by his superiors in he was in 1991 promoted to work in the bank’s head office located in Osasco, Sao Paulo. Year and offers came and went but Luiz Carlos Trabuco stuck with Bradesco, and he was in 1984 promoted to the position of marketing director. 14 years later, he was again promoted to the position of managing director executive. He had been with the bank for more than three decades at this point, and some even touted him to be selected as the bank’s president ahead of his eventual predecessor, Marcio Cypriano. He, however, did still receive a promotion as he was named the executive vice president to Bradesco Seguros, the insurance company under the Bradesco group.

In 2003, four years after being named the executive vice president, Luiz Carlos Trabuco was appointed the president to Bradesco Seguros. The mark he left at the insurance company was so big that to say he was a success would be an understatement. While Bradesco Seguros occupied a fairly healthy position in the market when he took over, he in six short years managed to cement its number one spot in the industry by growing its market share by more than two percentage points. Additionally, he managed to grow and consistently maintain the insurer’s return on equity at above 27 percent over the course of his six-year presidency.

With Marcio Cypriano hitting the mandatory retirement age of 65 in 2009, Bradesco’s board made the obvious decision and decided to appoint Luiz Carlos Trabuco to head up the financial institution. Having been a long-time servant at the bank, he did not need to find his feet and quickly set about advancing the aggressive expansion strategy initiated by Cypriano. While it did not help that there was a global financial crisis coupled with the completion of the Unibanco-Banco Itau merger at the time of his appointment, Luiz Carlos Trabuco managed to steady and grow Bradesco. Additionally, with the 2015 acquisition of HSBC Brazil in multi-billion dollar dealt it became clear that Bradesco was well on its way to reclaiming the number one spot in the market from Itau Unibanco. It is safe to say that Bradesco would not have been where it is today if not for Luiz Carlos Trabuco.

Posted by Gerry1982 on

Securus Technologies: Keeping Prisons Safe Through Communications Services

America currently has thousands of holding and incarceration facilities throughout the country. Giving their inmates the services that are essential for their mental health and stability is one of the key factors of the prisons that are currently there. Communication is one of the most important aspects of a prison. An inmate must be allowed some or the other form of communication so that they can stay in touch with the world. Constant communication with friends and family on the outside is also something that can help reduce the crime rate inside prisons which is why having a good communications provider is necessary.

 

Securus Technologies is one such company that believes in offering some of the highest quality of communication services to inmates who are inside the facilities that the company is tied up with. Securus Technologies is currently one of the leading telecommunications providers in the entire country. Prisons not just in America but also in Canada have collaborated with this company to offer a comprehensive range of communication services that inmates can opt to go in for. The company also provides a range of video calling services so that prisoners can see their loved ones while talking to them.

 

Being a communications provider in a sea of detainees in no easy task. There is always the risk of an inmate doing something illegal just because he has access to communication. Securus Technologies has always had to take special precautions to ensure that their services are not being misused by anyone and that all the communication that goes on is within the bounds of what is legal and permitted. To enforce this, all of the calls that go on with the people inside these centers and their loved ones on the outside is recorded and monitored for suspicious activity.

 

Posted by Gerry1982 on

OSI Group Beefs-Up Its Expansion Strategy in the Global Meat Processing Market

Food processing companies have revolutionized the food processing systems, storage, and distribution of various food items. OSI Group Inc. is a global premium holding company in the meat processing industry, serving both retail and food service markets.

Company History

ISO Group was founded in 1909 by Otto Kolschowski in Chicago and has since had an impressive reputation among its consumers. Started as a small butcher located in Chicago. It was known as Otto & Sons, U.S.A. Later, its name changed to ISO Industries and then to its current name, ISO Group Inc. in 2004.

The processing company specializes in the production of value-added protein food items, including breakfast products; bacon, hot-dogs, sausages, pork, fish, poultry products, pizza, and cooked beef. Additionally, it also produces dough-based food items. These include sandwiches, smoked products, and kettle.

Growth Trajectory

Today, the company boasts of over 65 branches and partners in a global scope. Its successful growth can be attributed to the company’s Chairman and CEO, Sheldon Lavin. His strategic growth strategy through sustainable and environmentally food processing practices is his main focus to carry on making OSI Group a global meat processing house.

Sheldon Lavin joined OSI Group in the 70, as a partner to Otto Kolschowski’s sons while the company was still the chosen supplier to the McDonald’s. Sheldon helped the two sons grow the business to a global brand as McDonald’s continued to expand exponentially. Coming into the 1980s, OSI Group had opened branches in Germany, Taiwan, Brazil, Spain, and Austria. In the U.S it opened two more processing plants. There’s more! In the 1990s, it expended their services to Poland, Mexico, and the Philippines.

To revamp its services, the company began venturing into poultry products in several continents, but most notably, the dawn of the new millennium marked the beginning of its acquisition spree. It acquired in Australia. Also, it acquired part of the American Poultry Company (USA). In 2010, the group expanded its beef production to India and Japan.

Ever since its conception in 1909, one thing has remained consistent with ISO Group: Their unfaltering commitment to ensure that their products are the reason for their consumer’s successes.

ISO Group info: www.refrigeratedfrozenfood.com/articles/92100-osi-group-acquires-flagship-europe