Category Archives: Banking Industry

Banker Anil Chaturvedi Has a Lot to Offer the World

In 2011, banker Anil Chaturvedi joined Hinduja Bank. His position as the managing director has enabled him to make an incredible impact on the world of banking around him. Not only does Anil Chaturvedi have an incredible background in economics and development, but he truly understands what it takes to make a banking organization become incredible.

 

 

Anil Chaturvedi attended Meerut University from 1970 to 1973 and studied economics. His love of the world around him led him to later pursue his MBA at the Delhi University School of Economics. It was after graduation that Anil joined the State Bank of India and began working in the Development and Planning department of the bank. During this time, he was in charge of marketing tactics and strategy development. Due to his incredible work ethic and success at the bank, he was named “Man of the Year” by the State Bank of India.

 

Chaturvedi understands exactly what it takes to make a bank succeed. Due to his background in economics and his thorough understanding of development and marketing techniques, Chaturvedi has been able to be an incredible asset to Hinduja Bank since joining the team. He currently serves as the Managing Director and has made an incredible difference in the world of banking around him.

 

While not every banker understands the value and importance of economic development, Chaturvedi does. He is dedicated to ensuring his company succeeds, grows, and expands efficiently and effectively. Dedicated to customer satisfaction and growth, he works to ensure the company continues to grow and flourish at an incredible rate. Chaturvedi understands that when it comes to banking and development, marking and a strong understanding of economics is key, which is why he makes such an incredible addition to the bank itself.

 

https://www.epw.in/author/anil-chaturvedi

Luiz Carlos Trabuco Cappi Steps Down As CEO Of Bradesco

Luiz Carlos Trabuco Cappi has enjoyed a great career in the banking industry. Numerous people are excited about the direction of Bradesco. Luiz Carlos Trabuco Cappi is currently the CEO of Bradesco, but he has decided to pursue other opportunities in his career.

He is staying at the company to help with the transition process. He spent over four decade working at the bank. Although he will miss working at Bradesco, he wants to focus on other areas of his life. Many people enjoyed interacting with Luiz Carlos Trabuco Cappi over the years.

Read more: Luiz Carlos Trabuco Cappi é o empreendedor do ano nas finanças em 2015

Bradesco’s Future

Bradesco is a growing bank that offers multiple services to customers. In the past few years, the bank has exceeded growth expectations. The company is planning to provide additional products and services to customers in the future. By continuing to innovate, Bradesco will maintain its current position as a leader in the banking industry.

In the last housing recession, Bradesco almost went bankrupt. The company had a ton of bad loans on the balance sheet. When borrowers could not pay back the debt, the company had to sell off the debt for a small fraction of the price. The company decided to instate stricter lending standards. With the new lending standards, CEO Luiz Carlos Trabuco Cappi believes that the company will be set for the future.

Helping Others

During his time working at Bradesco, Luiz Carlos Trabuco Cappi made sure to invest in the local community. He regularly donated both time and money to help other people. He is an excellent example of how business leaders can make a positive difference in other people.

Although Luiz Carlos Trabuco Cappi will miss working, he plans to help dozens of charities in Brazil. Brazil is growing, but many low-income people still lack essential access to resources like education.

Check more about Luiz Carlos Trabuco Cappi: http://www.valor.com.br/financas/5306443/bradesco-anuncia-octavio-lazari-no-lugar-de-luiz-carlos-trabuco

Luiz Carlos Trabuco Cappi Is The Most Recognized CEO Of Bradesco

Bradesco, the largest bank in the country, has only had a handful of CEOs during its lifetime. The one CEO that has made the biggest impact during his career is Luiz Carlos Trabuco Cappi. His lead at the company didn’t happen until towards the end of his career, but he accomplished a lot in a short period of time.

His Early Life

Luiz had a relatively normal family while growing up and he didn’t start working until the age of 18. He started working as a bank teller for Bradesco while attending University of Sao Paolo at the same time. After obtaining his degree in philosophy, he took his job more seriously and climbed up the corporate ladder to eventually become the marketing director.

His degree in philosophy has given him a different perspective on business and life in comparison to his colleagues. Most high-end executives in the banking industry usually obtain degrees in finance or math rather than liberal arts. Luiz has taken his perspective on life and society and applied it to his business for the better.

Improving The Public Image Of Bradesco

The 1980s was a real turning point for the company. It was a time when companies were going out of the box with media advertising and keeping constant contact with the public. The founder of the company preferred to keep quiet to not step on any toes but Luiz wanted to take more risks. He increases public relations drastically during his time as a marketing director and it certainly contributed to the boom in the growth of the company.

Who Founded Bradesco?

Amador Aguiar had founded the company in the 1940s and he has remained the leader until his death in the early 1990s. He is also responsible for a major education institution called Fundação Bradesco.

Márcio Cypriano had taken over the company after the death of the founder. This decision was taken by the executive team because they felt that Trabuco was not old and experienced enough to lead the company. He had served until he reached the company’s maximum age of 65.

Read more on wikipedia.org

Expanding The Company

What really changed for the company was its rapid expansion in the 2000s by acquiring smaller companies or neglected international branches. Márcio Cypriano had led the acquisition phase and Luiz had followed it at the tail end of things. HSBC Brazil, American Express, and Banco Mercantil de São Paulo are just some of the names under the company thanks to the streak of purchases.

Luiz had to pick up the responsibility of managing these new assets at the last-minute when he finally had his turn as CEO and president. The financial market in Brazil was also on the decline due to external factors and reforms had to be made to the company. Obviously, this was all a big undertaking for the new leader.

Banco Itaú and Unibanco were one of the biggest rivals of the company and things got even more serious when they had merged. Their merged company had knocked down the rankings of Bradesco and this had put Luiz in a more competitive position. Other banks in Brazil are also emerging and could be upcoming threats.

Bradesco still has the most impressive presence in the country. Any Brazillian will be able to recognize the logo since they have thousands of banks and cash machines in every city. Malls, pharmacies, supermarkets, casinos and small shops do business with them and have their machines in their establishments. Bradesco is also one of the leading figures in private pensions, which extends the coverage from the government’s plan.

Learn more about Luiz Carlos Trabuco Cappi: http://epocanegocios.globo.com/Empresa/noticia/2017/08/trabuco-retomada-do-credito-depende-de-volta-do-pib-e-da-taxa-de-investimento.html

The contribution of in making the community banking easier

Introduction

In the Annual Bankers Association meeting, the president and the Chief Executive Officer of NexBank made commented on the contribution of the community banks to the economy of the country. Currently, the banking sector, especially the community banks contributes the highest to the economy of the country. Focusing on NexBank, John Holt, the CEO, said that bank has three major areas of contribution. These areas include commercial, and mortgage banking and the services targeting the big institutions

How the bank operates

Commercial banking

On this principle, the bank offers lending services for small and developed business. Individuals and companies can take huge loans to help them develop the businesses. These loans can be useful in the expansion processes and in setting up new stores. Usually, several companies run out of capital when they are almost done with their operations. Such are the cases where the bank chips in to lend the required resources for successful operations.

The relationship with the customers

Other than just giving out loans for developments and operations, NexBank creates a long relationship with the customers. The bank has a good customer base where loyalty is rewarded. Different individuals and institutions get high loan rates at better interests because of their loyalty to the banks.

Mortgage and institution loans

Currently, individuals can get mortgage loans for their housing problems. The highest amount that can be given to an individual for a mortgage loan by the bank is $417000. Different institutions like other financial companies as well as insurance firms have created a good working relationship with the bank. Because of this relationship, the bank is in a position to cooperate with the clients when there is a need. As these institutions grow, the bank is developed. The mutual relationship creates a better economy for the state and the country as a whole.