Category: Business Leaders

Whoever Bradesco’s Incoming President Will BE, He/She Will Find A Competent Ally in Luiz Carlos Trabuco

About a week ago when former Bradesco chairman Lazaro Brandao announced his decision to vacate the position of chairman of the board, the Brazilian bank saw no one more deserving for the position than Luiz Carlos Trabuco.

Trabuco has been the president of the giant bank for the last seven years and the vice chairman of the board for the last three years. Given his immense contribution to the bank over the course of the last 48 years, no one is more deserving to take over the reins from Lazaro Brandao. However, as a consequence of him being named the chairman of the board, a new president will have to be picked to lead the Bradesco group.

The incoming president will become only the fifth ever president in its over seven-decade history. The reason Bradesco has had so few leaders despite its relatively long existence, is the fact that all of its presidents thus far have been very effective leaders thus negating the need for leadership changes midway into their tenures. The bank will be looking to accomplish the same with its next president and is consequently planning to pick him/her from among its current senior executives. Additionally, the mandate of the president will be slightly amended as he/she will no longer have a seat on the bank’s board.

However, Bradesco’s board is not in any hurry to name a new president. The bank’s bylaws expressly stipulate the time during which the board should make succession decisions relating to the presidency. That duration puts the expected time of appointment for the next president at March 2018. Until then, the bank will remain in the capable hands of Luiz Carlos Trabuco, who will serve as both president and chairman of the bank.

The immediate responsibility of Luiz Carlos Trabuco as the incoming chairman will be to on the expansion work that he and Lazaro Brandao had commenced with the aim of making Bradesco the largest private back in the country again. For a large portion of its existence, Bradesco was the largest private bank in the country. However, in 2008, the bank lost the position to a new rival, Itau Unibanco. While losing the dominant market position greatly wounded the bank’s pride, Luiz Carlos Trabuco has for the last four years been working towards reclaiming the top position and has, in fact, gained significant ground on the larger competitors.

The 2015 acquisition of HSBC Brazil by Bradesco for over 5 billion dollars will forever remain the shrewdest piece of business done by Luiz Carlos Trabuco during his tenure. While there is no escaping the fact that the price tag associated with the acquisition was huge, even for Bradesco, the deal has, in turn, resulted in great returns for Bradesco. The bank has grown its customer-base to well over 30 million, increased is asset-base to close to $400 billion and expanded its branch network to approximately $5,500 branches. Consequently, Bradesco is now closer to Itau Unibanco than it has ever been since 2008. It is a realistic possibility that through cohesive work, Luiz Carlos Trabuco and the incoming president could help Bradesco retake the dominant position in the next few years.

The new president will also get a lot of assistance in the position as Luiz Carlos Trabuco has long had a passion for mentoring others. As soon as he was named Bradesco’s president in 2009, he set up a corporate university to facilitate the training of the bank’s executives in leadership skills. It is a tradition that has practiced by of the bank’s previous four presidents.

Search for more information about Luiz Carlos Trabuco: https://g1.globo.com/economia/negocios/noticia/sucessao-no-conselho-do-bradesco-foi-um-ato-planejado-diz-trabuco.ghtml

Scott Rocklage A Managing Partner of 5AM Venture

Scott Rocklage is one of the most phenomenal names in the biotechnology industry. The name commands respects in both the research and the entrepreneurship aspects of the industry. He is a managing partner at 5AM Ventures.

The prominent researcher holds a Bachelor of Science Degree from the renowned University of California. He also holds a doctor of philosophy degree in Chemistry, from the Massachusetts Institute of Technology. For his research, he had the privilege of using the Nobel winning, Dr. Richard. R. Schrocks’s laboratory.

Having such an impressive education background has made it easy for Scott Rocklage to navigate through his career. Today, he is a managing partner at 5AM Venture. 5AM Venture deals with the funding biotechnology startup companies. They are involved in the early formation of the companies.

Thus, the name 5AM Venture is perfect for them. Scott Rocklage joined the company as a venture partner in the year 2013. The following years he was allowed to take part in the management of the company, making him a managing partner.

Prior to joining 5AM Ventures, Scott Rocklage worked at Cubist Pharmaceuticals. He was a founding CEOof the company since the year 1994 to the year 2003. From the year 1994 to the year 2001, he served as the president of the company.

Rocklage had joined Cubist Pharmaceutical following the end of his tenure at Nycomed Salutar Inc. Hehad joined the company in the year 1990 and served as the President and CEO of the company since. In the year 1992, he received a promotion and was appointed Chairman of the company. He was with the company until the year 1994.

Over the years he has worked with various other companies including Achaogen, EPIRUS Pharmaceuticals, Cidara Therapeutics, Pulmatrix, Ilypsa, Rennovia Inc., Salutar and Calatlyica Pharmaceuticals. Read more: Scott Rocklage | LinkedIn and Idea Mensch | Scott Rocklage

Also, he has been recognized for making it possible for three drugs to be approved by the FDA. Other than business, Scott Rocklage has made over numerous publications with over 100 being peer-reviewed. He has also invented and co-invented in excess of 30 patents.

Troy McQuagge’s Greatest Achievements of All Times

Troy McQuagge is the CEO and the president of USHEALTH Group, an insurance holding company selling individual health insurance plans. The company deals with health coverage for small business entrepreneurs and self-employed persons.

USHEALTH Group is based in FT. Worth in Texas and the primary goal of the Group is to provide the best customer service to a maximum level. Some of its products include dental insurance, individual health insurance, accident and income protection solutions and much more.

The company has many innovative insurance coverage products that make it flexible. The products are also price-friendly making them affordable to the ordinary person. Troy has been the CEO as well as the president of USHEALTH since 2011.

Troy McQuagge was the CEO and president of Health Markets Agency before working with USHEALTH Group. Troy is a man known to change a company’s success because, under his leadership, Health Markets Agency achieved more than $1 Billion gross volume sales. Later, he joined USHEALTH which also experienced high growing profits rates.

Since Troy joined the company, he has invented competitive strategies that make USHEALTH a very successful business. Troy is dedicated to what he does and having over 33 years of experience in insurance industries has given him an added advantage. He is also a leader with a very innovative mind when it comes to business.

In 2016, Troy McQuagge was awarded the prestigious One Planet Awards for the CEO of the year. The awards are held annually and comprise the world’s best in innovation, CEO case studies, new products and services, corporate social responsibility, organizational performance, and most important, leadership.

The awards also comprise milestones from every major corporation in the world. Organizations from different parts of the world submit their nominations; they can be profit or nonprofit, public or private, small or large and even the ones that are still very new companies.

The gold award winner said he was much honored and he thanked every staff member from USHEALTH Group including their customers. The company’s dedication and commitment towards providing the best solutions concerning the health industry made it that successful. The Group has affordable products that lure customers as well as innovative coverage meeting the evolving health care needs. Learn more about Troy McQuagge:  https://www.corporationwiki.com/Texas/Fort-Worth/troy-mcquagge/67287003.aspx and http://www.ushealthfamily.com/awards/

Troy started his career with an insurance company called Allstate insurance company back in the year 1983. He worked there for some few years and joined the Student Insurance Division of United Insurance Companies Inc. (UICI) in 1995.

Later he was recognized and was promoted to a higher position in the UICI as the president of the Insurance Agency. UICI changed their name to the current one, Health Markets.

Troy then joined UGA in 1997 and being the man to change companies; he made massive yearly sales for the enterprise. Troy attended the Central Florida University earning a B.A degree in Legal studies in 1983. The education he acquired has contributed to his constant success in a great way.

Read more:

USHealth Group Announces Troy McQuagge Promoted As New President

Mr. Logan Stout – An Accomplished Entrepreneur And Successful Speaker

Logan Stout is the Executive Director and Founder of IDLife Company. The company was founded in 2014 and has grown to be one of the top 100 MLM Companies in the world. IDLife business activity is directed in health sector and wellness of human beings. It trades nutritional supplements, which are made from organic products. The supplements are made purposefully for nutrition and weight management.

Logan is also an accomplished entrepreneur and business owner. He has managed to generate billions of dollars throughout his career as a business person. He is an organized person and always ensures that his days have the same experience every single day. His leadership qualities and team building capability made him one of the cherished keynote speakers in the globe.

As a good team builder, Logan Stout is fanatical about helping people develop good leadership skills. He has been helping people through his writings. One of his writings, which was published in 2013 is “The Stout Advice”. The work is about secrets to building people, teams, and yourself as well. The book was also endorsed by respected entrepreneurs like Daymond John and Barbara Corcoran. Logan Stout has also partnered with motivational speakers and authors who share the same vision. One of them is Mr. John Maxwell. Together with Mr. Maxwell, Logan has managed to bring personal development and leadership training to more than 196 nations across the world.

Mr. Logan Stout is also the Chief Executive Officer and Founder of Dallas Patriots, a baseball organization. He has been leading and mentoring youth through the organization. Currently, Dallas Patriots is one of the leading baseball organizations around the globe. It has world-class coaches and instructors. Every player who graduated from Dallas Patriots always has the opportunity of playing college baseball.

As a public speaker, Logan Stout has appeared in several live events including radio and television. He has featured in several publications like NYT (New York Times), DMN (Dallas Morning News), and PLM (Philadelphia Life Magazine). Regarding live media channels, Logan has been on FOX, The Ticket, The Fan, and CBS Radio. Logan Stout attended the University of Dallas, from where he received his Bachelor of Science in Psychology.

Richard Smith, the Technocrat

Richard A. Smith, commonly known as Rick, is a 65-year-old American who has made a great name for himself not only in the technology industry but also the business world. He has vast knowledge that he gained from his wide school coverage. Mr. Richard Smith, the Technocrat is a holder of a Bachelor’s Degree in Electronic Engineering which he acquired from the State University of New York at Buffalo. He then advanced his studies to a master’s level in the State University of New York at Brockport where he did Masters in Mathematics. His thirst for more knowledge got him at Rochester’s Simon School where he did Masters in Business Administration. He is also an Associate of Applied Science in Electronic Engineering from the Rochester Institute of Technology.

Owing to his firm and diverse background in education, the zealous engineer has been able to venture into various companies in the US holding senior positions. He kicked off his career in 1972 at Frontier Information Technologies where he served as the Chief Information Officer and also the Controller of Communications. Due to his hard work and professionalism, he quickly rose to the position of the Vice President of Financial Management. He held many positions at the Frontier Corp; he was the Vice President of Telephone Operations, Director, Chairman and in 1998 before leaving the company he served as the president.He joined Eschelon Telecom Inc. in October 1998, where he held the position of the Chief Financial Officer until March 2000. He was then promoted to the position of a Chief Operating Officer, a position which he apprehended from April 2000 to July 2003. Thereafter he became the C.E.O of the company from August 2003 to August 2007. Having left a record of due diligence in his work.

Mr. Smith joined Securus Technologies as the Technologies Director on 23rd June 2008. Shortly after he was promoted to the chairman and the C.E.O of the company on 25th January 2009 and still holds the position to date. He is also the current director at Integra Telecom.With Securus (the company he is heading), Mr. Smith has successfully expanded the scope of company operations. He is passionate about using his knowledge to do good to the society. This is the reason why he is struggling to the extent of even fighting court cases to ensure that the prison communication technology works efficiently. The sole purpose of the technology is to curb unlawful and illegal communication that goes on between inmates and the people outside. He has stood firmly behind this technology because he believes that technology (commonly associated with vices) can be used to fight crime and protect other inmates, guards, and people outside the prison. What a definition of patriotism!

DMAC CEO Hussain Sajwani Gives Back as His Company Continues to Grow

DAMAC Properties is a Dubai-based real estate investment and development company that focuses its efforts on various types of property throughout the Middle East. It has been in operation since 2002 and is notable for its luxurious properties and unique marketing methods. Since the election of Donald Trump, the company is also well known for working with the American real estate mogul on his Trump brand golf courses. DAMAC is run by its founder, Hussain Sajwani, who currently heads the company as Chairman and CEO.

 

Hussain Sajwani was raised in a middle-class family by an entrepreneurial father. He developed his understanding and interest in the business world while observing his father operate his watch shop. He graduated from the University of Washington in 1981 with Bachelor’s Degrees in Science, Economics and Industrial Engineering. Sajwani put his education to use and expanded on the skills taught by his father by founding and developing numerous companies. The largest of his projects has been the development of DAMAC. The company now employs over 2,000 people and is one of the largest of its kind in the middle east.

 

The Hussain Sajwani family maintain a close relationship with Donald Trump and his own children. Sajwani celebrated New Year’s Eve in the United States with Donald Trump and openly discusses how close his wife is with Trump’s daughter, Ivanka. The pair maintains contact but has put their business dealings on hold to avoid conflict with Trump’s new political position. Sajwani is uninterested in becoming involved in politics and instead chooses to continue to expand his role as Damac Owner instead.

 

Prior to the founding of DAMAC, Hussain Sajwani worked in the food industry. A point of pride for him during this time was in providing supplies to American troops stationed in the Middle East during Desert Storm. He began this part of his company, a branch that still exists today, in the 1980s as a supplier of catering services. The business thrived but failed to bring Sajwani the scale of profit and success he dreamed of. This was why he chose to sample the real estate industry through the founding of DAMAC.

 

Today, the self-made billionaire is still expanding his company but has added philanthropy to his resume as well. His chosen charitable endeavors have been child-based. DAMAC has donated over two million AED to charities that provide poor children with the clothing they desperately need. The charity’s goal has been to clothe a million children and Sajwani’s donation made it possible for the organization to provide for an astounding 50,000 needy children. His authorization to DMAC to fund charitable causes will undoubtedly lead to many additional success stories in the future.

 

For more details, visit http://hussainsajwani.com/.