Month: February 2018

Insurance Executive Octavio Lazari Is Bradesco’s New CEO According To Chairman Luiz Carlos Trabuco

The wait is over. Seven Bradesco executives were in the running to replace Luiz Carlos Trabuco as CEO of the bank, and Octavio Lazari, the president of Bradesco’s insurance division, Seguros, got the job. Fifty-four-year-old Lazari has forty years of service with Bradesco, so he has a pretty good idea what needs to happen internally as well as externally over the next ten years in order to keep the bank profitable.

Luiz Carlos Trabuco, the former CEO, will still be around to help Lazari deal with the issues that make banking in Brazil so profitable. Lazari is no stranger when it comes to making money. While he was president of Seguros, his division was responsible for more than 30 percent of the bank’s profit.

Lazari is the second Seguros president to fill the bank’s CEO job. Luiz Carlos Trabuco was president of the insurance division from 2003 to 2009. He got the bank’s top job at the end of 2009, and Bradesco is a better bank because of his leadership. Trabuco was a bank trainee in 1969. That’s when retiring Chairman Lázaro de Mello Brandão gave Trabuco a chance to prove himself as a banker. Luiz didn’t have a banking education, so Brandão wasn’t sure Trabuco would cut it as a banker even though Luiz has a post-graduate degree in psychology and philosophy degree from the University of Sao Paulo. Brandão wasn’t disappointed with Trabuco’s banking skills. Trabuco went from trainee to vice-president in record-breaking time, according to some bank employees.

Read more on oglobo.globo.com

Trabuco is 67 now, so he’s too old to continue as the bank’s CEO. Brandão’s retirement in 2017 gave Trabuco the opportunity to move into the chairman’s office. He took the job knowing the bank is facing several challenges in 2018. Brazil’s economy is getting stronger, but the bank still has to deal with the massive influx of customers using the Internet and their cellphones as banking devices. Bradesco’s IT department is ahead of the market right now, but there is the fear that IT Vice-President Mauricio Machado de Minas will need more help in terms of new programs and more IT people to keep up with the mobile banking demand.

Plus, Bradesco is still dealing with the absorption of HSBC’s Brazilian operation. The HSBC acquisition is generating more profit, but now that the bank has more than 5,300 bank branches there’s fear some of them will drag the bank’s profit down. And the thousands of ATMs across the country need constant attention. Their future viability also needs attention. Lazari recently said the bank will not be in acquisition mode in 2018, but the investor pressure to keep the bank’s stock moving in the right direction may alter those plans.

Even though Mauricio Machado de Minas didn’t get the CEO job, and the other five executives are out of the running too, they still hold important positions. Team building is one of Lazari’s priorities, so investors can expect some internal changes once Lazari gets the approval of the stockholders are the annual meeting on March 12. Lázaro de Mello Brandão, the oldest banker in the history of banking is retiring, but retirement doesn’t mean staying home and watching telenovelas. Mr. Brandão will still have a desk and an opinion. Trabuco welcomes his decision to stay around the bank until all the changes are in place. At 91, Lázaro de Mello Brandão is still as sharp as he was when he took over as chairman when the bank’s founder Amador Aguiar passed away in 1991.

Investors on Wall Street like the new CEO. And they like the fact that Trabuco will still make the tough decisions with him.

Search more about Luiz Carlos Trabuco: http://economia.estadao.com.br/blogs/coluna-do-broad/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/

TMS Health Solutions – Redefining Psychiatric Health

TMS Health Solutions was created by Dr. Richard Bermudez with the objectives to provide groundbreaking and innovative approaches to patient-centered care. TMS Health Solutions is a team composed of personnel and clinicians who are committed to providing treatment, research, and education for individuals experiencing mental health problems which include all forms of depression, including clinical depression.

Clinically speaking, depression is a medical health condition that happens when mood-regulating parts of the brain do not function properly. People with depression show feelings of intense sadness and isolation. This is linked to loss of interest in doing activities that promote please, trouble in sleeping and loss of appetite, which often leads self-destruction.

Self-destructive symptoms include: constant anxiety, having trouble with concentration when doing daily activities, persistent anxiety, feeling hopeless or worthless, contemplating death, and hurting oneself. When someone experiences the said symptoms for more than two weeks then there is a great possibility that the person has depression.

Clinical depression, on the other hand, is a more severe case of depression that occurs when somebody is overly stressed or/and has natural deviations in biochemistry. Mild to severe cases of clinical depression may ultimately lead to hospitalization. Comparing to feelings of being sad which eventually goes away, depression persists, and without medical intervention could be quite self-destructive.

People with depression hardly recognize that they have the condition and are suffering from it. This makes it difficult for them to admit that they need help. And since depression is considered disgraceful and still unaccepted by a majority within the society – the provision of treatment is inhibited.

Although obtaining the correct treatment does take time relief can be found with the emergence of effective and new therapy treatment options, which are being carried out by the TMS Health Solutions and TMS therapy Parnassus clinical team.

The teams at TMS therapy Parnassus and TMS Health Solutions are dedicated professionals who continuously help patients by giving them the best care practice that is possible. They also foster respect and life-long collaboration internally and externally making their therapeutic services and practices more efficient. This allows flexibility in schedule and lowers the demands for administrative /managerial functions.

As such, clinical practitioners are able to deliver a highly personalized approach, contribute to the company’s expansion, and have a better and more balanced work-life state of affairs.

TMS Health Solutions have the main office in Union Square, San Francisco, California and offices at Sacramento, Roseville, Oakland, and UCSF.

Clay Siegall Uses His Blog To Share Stories About Science And Football

Clay Siegall’s blog is filled with news stories about things he finds interesting the fields of science and sports. One recent science article he posted came from PBS and was about the flu epidemic that has been striking people across the United States in recent months. The article was about the Gesundheit Machine located at the University of Michigan. He enrolls students sick with the flu to sit in the Gesundheit Machine so that research can be performed on how the flu spreads from person to person.

In another article Clay Siegall posted it was about the surprise trade of Alex Smith, going from the Chiefs to the Redskins. The current quarterback of the Redskins, Kirk Cousins, said he hadn’t known anything about his team’s interest in trading for Alex Smith before the trade occurred. This Offseason Kirk Cousins is a free agent and it is likely he’ll now sign with another team instead of going back to the Redskins.

As one of the co-founders of Seattle Genetics, Clay Siegall is now the top executive at this company headquartered in Bothell, Washington. He is the president, CEO, and chairman. He was trained as a scientist and has focused his entire career on curing cancer. He and his team research targeted cancer drugs which he thinks is the way that all cancer will be treated in the future.

As the top executive, Clay Siegall has entered into many strategic licenses with other companies in the biotechnology industry. These licenses both help his company’s research and their ability to get drugs on the market. His licenses for his ADC technology has generated over $300 million in revenue for his company. He has signed these licenses with companies like Pfizer, Roche, and Abbvie.

Seattle Genetics under Clay Siegall’s leadership has grown by leaps and bounds into becoming one of the top cancer drug companies in the United States. Seattle Genetics now has 12 drugs in development and they started hiring 100 more people in 2017. Clay Siegall also bought another company in the industry, Cascadian Therapeutics, in a deal for $614 billion that was finalized on January 31, 2018.

Betsy DeVos

In 1958, Elisabeth was born into the wealthy Prince family. Her family long held conservative political views. Her name changed from Elisabeth Prince to DeVos after her marriage to Amway heir Dick DeVos. The couple went on to parent four children and continued work on their political and business endeavors, working to find solutions to social issues through innovation. For over 30 years, Betsy has participated in politics, beginning with her days at Calvin College. There she gained an interest in campus politics. She has worked tirelessly for the advancement of education reform. Overtime, she has made efforts to expand the charter school system. DeVos has also been an advocate for the use of vouchers, which allows for public funding for private and religious based school education. In addition to education, Mrs. DeVos has prominent roles on local board committees, helps to foster advancements in technology and is the current chairman of her family’s foundation. She was recently interviewed by Philanthrophy regarding her work on school choice and educational reform.

 

When asked about how she felt about the current progress of school choice, DeVos expressed optimism about the accelerated growth of the program. There are a quarter of a million students, from 17 out of 50 states, that participate in 33 private school choice programs. In 2012, new programs were added from states like Pennsylvania and Mississippi. Recent polling showed the popularity of educational choice. Mrs. DeVos also explained how people are paying more attention to how public schools are no longer as successful. She discusses how vouchers and educational tax credits can greatly benefit students seeking a better route for their education.

 

Philanthrophy also inquired about what sparked Betsy’s interest in educational reform. She explained how it was a culmination of multiple experiences. She noticed how parents worked tirelessly and made financial sacrifices to send their children to schools that fostered safe, learning, loving and challenging environments. Mrs. DeVos understood how many parents did not have the same resources as she did to make the best school choice decision for their children. This led to her and her family supporting students at Potter’s House Christian School, helping to start scholarships for low income families. In turn this helped her to see the bigger picture of education reform for all students. Learn more: http://www.betsydevos.com/policy-involvement/

 

Using her political platform, Mrs. DeVos has worked tirelessly so that all students can know they matter. She has had both successes and failures during this quest. One major success happened in Florida where the Tax Credit Scholarship Program is offered to students. Over 50,000 students in Florida have the option to attend a school that their family is able to choose. DeVos wishes for both Democrats and Republicans to work together to do what is right for the nations children, and says that education needs to be non-partisan.

 

She has also discussed how there are certain education reform strategies that seems promising for students. Digital and blended learning is being implemented in the majority of schools. Parents are also opting for homeschooling and charter schools as a way to take more charge over their kids academically rigorous educations. Whatever Mrs. DeVos does, she works hard, spending her time to offer methods to help improve the American Education System. She firmly believes that each and every parent should have every opportunity available. This will help their children achieve their full potential by being better able to choose the best equipped education setting.