Luiz Carlos Trabuco Cappi, an entrepreneur that was recognized recently as the entrepreneur of the year. This is after he made a closure of a major deal that involved his employer, Bradesco bank and the other party involved was HSBC bank both located in Brazil. The reports showed that the acquisition purchased $5.2 billion that occurred in 2015, this is after the chairman of the board Lazaro Brandao approved the deal. The acquisition deal was a major deal especially to Bradesco bank which had fallen into the second position and the top position was held by Itau Unibanco.
It is after the acquisition was completed with HSBC bank that has made Bradesco bank to be at the par with Itau Unibanco. The other competition regards the branch network, the total investment funds, assets, loans granted, deposits and number of people holding accounts with the bank. There is a statement that Luiz Carlos Trabuco Cappi made. He said that the acquisition deal was something that made the bank to advance significantly which was equaling in about 6 years of growing organically. Some peers have seen this HSBC acquisition as a power move, and it became the deciding factor that gained Luiz Carlos Trabuco Cappi his Entrepreneur Award in that year. It is prior to the official approval by necessary agencies.
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Luiz Carlos Trabuco Cappi is a man who has his history. After he was born in 1951, he went for his education such that he completed high school, he joined Sao Paulo University. In the university, Luiz Carlos Trabuco Cappi studied in the Philosophy faculty where he graduated with bachelors degree in science and letters. He then got a job to work with Bradesco bank and he was 18 years of age. He was able to work for his way to gain the top position of the company after he had begun as a bank clerk.
When he became the president of the bank, Bradesco Seguros, and in the position he acquired it for merely four years which was after he had become the executive vice president. He achieved great for the company that it was able to double its size and it became the largest in Latin American.
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