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Category: CEO

Governors Of The IDB Call For Increase In Private Investment, Reports Felipe Montoro Jens

June 18, 2018 • divinefuel

On March 24, 2018 the Governors of the Inter-American Development Bank (IDB) met to discuss the possibility of increasing private investment in certain sectors, including, among others, banking and infrastructure.

The Governor’s individual views were as follows:

Minister of Planning, Development, and Management: Dyogo Oliveira

Oliveira proposed encouraging private investments in Latin America as a means of managing risk and bolstering the development of infrastructure in the region.

An increase in investment is also required to meet the demands of the next approaching revolution in Latin American Industry.

According to Oliveira, investment from the IDB has led to an increase in public-private partnerships, which are in line with the goals and best practices of the IDB and Latin America as a whole.

President Of The IDB: Luis Alberto Moreno

Investing in the connectivity between countries is also a priority for the IDB, points out Luis Alberto Moreno. Because investments in inter-country connectivity is lacking, the IDB will struggle to meet the needs of the region without further investment.

The IDB has also responded to the social demands of the region, and has made steps toward gender equality and environmental responsibility, according to Luis Alberto Moreno.

Ministry Of Planning: Important Facts

  • 1,000 Public-private partnerships approved in the last decade
  • Projects valued at $360 billion
  • Many projects unable to make use of capital
  • Loans to Brazil from the IDB increased 20%, totaling 12.9 billion.

Summary of All Views

  • An Increase in Private Investment is needed to support regional growth
  • Private Investment is also required to support inter-regional commerce
  • Public-Private partnerships financed by IDB support regional and inter-regional growth and development
  • Loans from the IDB are up 20%
  • 1000 public-private partnerships have been funded by the IDB in the last decade
  • Many public-private projects are unable to mobilize capital funds, presumably including IDB loans, according to the Ministry of Planning, Development and Management

Learn more: http://maringa.odiario.com/politica/2018/03/veja-com-felipe-montoro-jens-cidade-mineira-investe-em-ppp-para-estimular-o-lazer-e-a-pratica-de-atividades-fisicas-da-populacao/2476577/

 

Categories: Business, Businessman, CEO, investor

Louis Chenevert Breaks the Mold

June 18, 2018 • divinefuel

“You are only as good as the sum of your team,” were words spoken by Louis Chenevert – one of the most profound and influential Chief Executive Officers to ever take the helm at United Technologies Corporation. While Louis Chenevert eventually rose to the top of the multinational conglomerate, United Technologies Corporation, his ascension did not occur overnight, as he is a product of somewhat meager beginnings. Throughout the course of his career, which has seen many major successes, including revolutionizing the aerospace industry during his time at Pratt & Whitney Canada, as well as with United Technologies Corporation, Louis Chenevert has relied on hard work and dedication in order to see his goals through. Louis Chenevert was born in Quebec, Montreal in 1958, and as a youth, he quickly developed his skill for entrepreneurship and business, eventually landing at the University of Montreal, where he attended HEC Montreal Business School where he majored in production management.

It was during Louis Chenevert’s tenure with General Motors where he was in charge of the assembly line, that he learned many of the skills that would later help him to transform United Technologies Corporation, and the aerospace industry as a whole, with the introduction of the geared turbofan engine. After fourteen years with General Motors, Louis Chenevert became a part of the team at Pratt & Whitney Canada, a subsidiary of Pratt & Whitney, in 1993. By 2006, Mr. Chenevert had joined United Technologies Corporation, the parent company of Pratt & Whitney, bringing with him his visions for what was once considered to be a “pet project,” the new geared turbofan engine. With the introduction of the geared turbofan engine, emissions were decreased by nearly 20 percent, while fuel consumption was cut in half, helping to establish United Technologies Corporation as a leader in the aerospace industry.

http://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design

The Appointment Of Luiz Carlos Trabuco Cappi Continues Mythical Dynasty At Bradesco Bank

June 6, 2018 • divinefuel

The success or failure of an organization is largely dependent on its leadership. Great and effective leadership can make an organization while poor leadership can break the same organization overnight. Leaders in an organization are responsible for providing direction, setting goals and ensuring that the goals are met within the designated timelines. Great leadership in an organization inspires confidence in the employees, investors and also the public.

Bradesco is a Brazilian bank that has benefited from the fruits of great leadership. The bank was established in the early 1940s by a revered Brazilian businessman and a leader, Amador Aguiar. During the time that he served at the bank, Amador nurtured a new breed of leadership that would take the bank into the future.

He recruited the likes of Lazaro Brandao and Luiz Carlos Trabuco Cappi who have remained loyal to the institution since the first day they started their career in banking. Under the great leadership, Bradesco bank was able to grow and dominated the Brazilian banking industry before they were overtaken by competitors in 2009.

Before then, Bradesco bank was the largest lender in Latin America with assets valued at over $400 billion. Currently, the bank serves more than 27 million customers who receive outstanding services in their numerous branches that are spread across the country. The bank offers various banking and insurance products through their Insurance and pensions division known as Bradesco Seguros.

Even with the modernization and stiff competition, Bradesco bank has managed to preserve a great culture that was cultivated by the founder of the bank. The bank values the welfare of their customers more than anything else. It is for this reason that the bank will stop at nothing other than providing the best services to their members.

Read more on Estadao.com.br

Besides taking care of the customers’ welfare, Bradesco bank is also known as one of the best employers. The management has cultivated an atmosphere where every employee working for the bank is considered as part of one larger family. The bank also motivates their employees by offering good pay and promotions for career growth.

In what is seen as a mythical dynasty, Bradesco bank preserves the top positions for their most experienced employees to occupy them. This was recently portrayed when the former chairman, Lazaro Brandao stepped down as the chairman of Bradesco bank. The 91-year-old chairman appointed Luiz Carlos Trabuco Cappi to be his successor as chairman.

Luiz Carlos Trabuco Cappi, who at the time served as the bank’s president, was forced to hold the two offices temporarily before the appointment of another president of the bank. However, the Brazilian banking regulations do not allow an individual to hold the offices of a president and chairman at the same time. So, Luiz Carlos Trabuco Cappi was given until March this year to announce the new president of the bank.

Several candidates, including seven vice presidents of Bradesco, expressed their interest in the top position. To many people’s surprise, Octavio de Lazari was announced as the next president of Bradesco bank. His appointment was affirmed during the March 12 shareholders meeting.

Learn more about Luiz Carlos Trabuco Cappi: http://www.meioemensagem.com.br/home/ultimas-noticias/2018/02/05/bradesco-anuncia-substituto-de-trabuco.html

Categories: Businessman, CEO

The Life and Career of Louis Chenevert, the Former UTC CEO, and Chairman

May 18, 2018 • divinefuel

Louis Chenevert, a Canadian businessman, gained a lot of fame, success, and recognition during his time at United Technologies Corporation where he was the firm’s, CEO and the Chairman. Recently, Mr. Chenevert was interviewed by IdeaMensch where he recounted his life and successful business career.

Early life and before UTC

According to Louis, the star in his career shined when he joined UTC. Before UTC, he had previously worked in various companies in different capacities. For the period between 1999 and 2006, he served as the president of Pratt & Whitney. He had joined Pratt & Whitney in 1993 from General Motors where he had worked for 14 years. His time at General Motors saw him rise in the ranks to become the head of St. Therese operation center. Louis also shortly worked at Goldman Sachs at the beginning of his career. He attended Hautes Études Commerciales (HEC) where he graduated with a Bachelor of Commerce.

The star of UTC

Louis Chenevert joined UTC in March 2006 and became the firm’s President, Director and Chief Operating Officer. In April 2008, he was promoted to the CEO position and Re-elected as President. In January 2010 he was named the Chairman a position which he held until November 2014 when he retired. He says that apart from leading UTC, as the CEO he was responsible for deciding which ideas developed by his team were best suited for the development and growth of the company. According to Louis, his success at UTC was substantially supported by the great team of employees who worked under him. He says at the time, all they wanted was to meet there customers’ demands excellently.

Mr. Chenevert memorable achievements at UTC

During the interview, he revealed that he considers the following as his most prominent career achievements at UTC.

  1. a) Bringing to life new technology that was crucial in the development of industry-changing narrow-bodied airplanes like the Airbus A-320 and the Bombardier C.
  2. b) Revolutionizing the propulsion of military jets engines for good with the invention of the F135 engine.
  3. c) Bring to life the GTF engine technology which helped reduce the cost of engine management and maintenance.

Undoubtedly, Louis is not only a great businessman but also an admirable revolutionist.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html

Lime Crime Creator Doe Deere: Passonate About Individuality

April 27, 2018 • divinefuel

Doe Deere, Lime Crime founder, with her bold eye make-up and striking hair is not an introvert and neither is her brand. Lime Crime is active on Instagram. She believes that unique is the meaning to the world cult, and that you are providing something that can’t be provided by someone else. Crime Lime has been doing that since 2008, the market has changed a great deal and Doe Deere thinks it is important to be an individual and stand out.

 

Cruelty Free and Vegan 100%

 

These things reflect the personal attitude of Doe Deer when it comes to animal testing and the goals she has for Lime Crime. The brand is cruelty free and vegan because they do a lot of charity work related to animals.

 

Overcoming Entrepreneurial Mistakes

 

Doe Deere believes that mistakes are part of being an entrepreneur, the important thing is what is learned from those mistakes. There have been ups and downs for Lime Crime but they have improved as a company because of it.

 

Beauty Trends

 

Ultraviolet, the color of the year for Pantone is desirable. Doe Deere believes the color is the ultimate for the unicorn inspired brand. The company looks to expand into lilac, lavender and various other purple shades during 2018 beginning with the Venus three palette of eyeshadow.

 

Advice for Young Woman Starting Out in the Beauty Business

 

Doe Deere recommends that young women just starting out should always be on the lookout for things that are missing in the market and continuously think about innovation. It is important to consider what you like, and what you want and make it a reality. Always listen to yourself.

 

What Goes Into Creating Lime Crime Collection Items?

 

All of the formulations for Lime Crime was originally done by Doe Deere herself, but now there is a team that does the formulations. Products only make it if they are something everyone believes in, if it doesn’t work for the team creating it then it doesn’t make it into the line.

 

Lime Crime Creator’s Obsession with Whimsical Things

 

Doe Deere credits the times allowing for self expression for her love of all things whimsical. People are starting to realize that there is no need to conform thanks to social media. It is awesome to be different. The company gives unicorns a lot of focus since the brand is about owning being different and the creatures are unique.

 

Make-up Palette Popularity

 

The array of different colors means you can use one box to tell a story which is inspiring. The colors are focused to give a specific look. Grunge was the focus of the first Venus and purples, lavenders and neutrals are the focus of the last Venus. The mix allows the shades to be worn daily. Learn more: http://doedeerefam.com/

CIO Sahm Adrangi Explains His Negative Views On Proteostasis Therapeutics

April 23, 2018 • divinefuel

Kerrisdale Capital Management’s Sahm Adrangi issued a report in support of his decision to short the stock of Proteostasis Therapeutics, Inc. This is a biopharmaceutical firm who has a drug in development called PTI-428. The value of this company largely depends on the success of this one drug which is being clinically studied to treat cystic fibrosis. Their stock doubled when the FDA designated PTI-428 as both a Breakthrough Therapy and as an Orphan Drug. However, the analysts working for Sahm Adrangi say that this drug is in all likelihood ineffective and will never be released.

There are two main problems with PTI-428, Sahm Adrangi says. The first is that his analysts have shown that the pattern of data for this candidate drug is of low quality. Secondly, he says that Proteostasis Therapeutics has been omitting some critical information in their public disclosures. He said this company released their Phase 2 clinical trial results in December 2017 which claimed that PTI-428 showed improved lung function over the results of a placebo.

However, Sahm Adrangi says that once his analysts dug into the details they saw that these Phase 2 results are not nearly as meaningful as investors have been led to believe. He said the drug didn’t actually improve patient’s health, it was that the four patients who had taken placeboes did very poorly which made PTI-428 look a lot more effective than it actually is. Phase 1 had shown the PTI-428 didn’t improve lung function in any meaningful way and in reality that was what Phase 2 confirmed. Later in the day after he issued his report Sahm Adrangi had held a teleconference in order to further explain his negative position on Proteostasis Therapeutics.

After graduating from Yale University with a bachelor of arts in economics, Sahm Adrangi found his first position at Deutsche Bank. He went on to work for two other investment firms before founding Kerrisdale Capital Management and starting his own hedge fund. He says his personal investment style is value. His company now manages $300 million which is mostly in long-term value investments. The rest is shorting the stocks of companies that he sees as overvalued.

http://www.valuewalk.com/2017/11/sahm-adrangi-kerrisdale-capital-luxoft/

How Tony Petrello And His Family Became Health Philanthropists

March 19, 2018 • divinefuel

In some ways science can seem like a rather opaque profession. The reality of the biological world and all of its phenomenons are all around us but the work of the people who understand those phenomenons and are able to work within them can seem unaccessible. We don’t always understand their work but it is important to know that scientists play an incredibly vital role in moving our society forward. It is because of science that many human beings are able to live an enhanced quality of life that was not possible a mere generation ago. Scientists are responsible for driving many of the medical interventions and technological interventions that have enabled people to live out new possibilities. One of the positive benefits that we derive from science is its ability to solve problems. One might say that above all scientists are expert problem solvers who have trained for many years to be able to leverage their unique skill set and knowledge base to create vital solutions that the world depends on.

Read more: How Tony Petrello Helped Houston With Hurricane Harvey Relief

For example when a child is born with some some developmental delays ultimately their parents and their community look towards science to be able to help them to understand those delays and to find solutions for that child to live their life to the fullest. One family that understands the importance that science can have on the everyday lives of children and their families is the Petrello family in Texas. Tony Petrello and his spouse had a daughter who had a development tool disorder that has resulted in some developmental delays. When Tony Petrello and his wife were searching for answers as to how to help their daughter one of the first places that they looked was science. They sought to better understand how developed the scientific research was with regard to understanding and treating neurological disorders that occur in younger patients.

Though they are not scientists themselves Tony Petrello and his spouse were able to surmise the fact that there weren’t a lot of scientific inquiries being done with regard to neurological disorders and very young patients. Therefore they did their part as philanthropists and decided to leverage the tools that they had to support the scientific community with regard to this endeavor.

Tony Petrello and his wife gave have given to a local health institution in their home state of Texas. Their multimillion-dollar gift has enabled scientists who are among the best in their field to have the support that they need to produce groundbreaking and cutting-edge research into the issue of children’s neurological disorders in Texas Children’s Hospital.

Tony Petrello is the CEO of Nabors Industries. He is one of the highest paid CEO in The US.

Categories: CEO, Philantrophy

Doe Deere in ‘LimeCrime’

January 23, 2018 • divinefuel

Doe Deere in ‘Lime Crime’

“Lime Crime” is a fashion company that was established in 2008, located in Los Angeles, California in the United States. The brand is widely accepted by color lovers who call themselves “unicorns.” Lime Crime brand is mostly internet-based, meaning clients may order services from the comfort of their houses or wherever they will be. Bright makeups that go against all rules are manufactured, and they satisfy the clients of this brand. The brand aims at revolutionizing the makeup industry. They want to appeal to their customers uniquely. The brand desires to relate the colors with the customers’ feelings expressed on their faces! On top of these unicorns is Doe Deere who is the founder of the company.

Doe Deere is a Russian-born who moved to the United States where she established herself as a fashion lover. Her first stop in the US was New York, and here she studied music. Music was her dream career, but she did not end up being a musician. Music gave her lessons on how to market products and services. Music can be said to have played a crucial role in her life as a fashion lover. She saw her love for color begin when she was a child. She would smear herself with colors: on clothes, hands, and accessories. Sometimes, she would use her mother’s makeup.

Speaking to Guest of a Guest, Doe Deere narrated her journey that started since childhood. She wanted to be a businessperson when she grows up. At 13 years old, Doe Deere sold sticker tattoos to her classmates. She was so enticing that her colleagues got attracted to her tattoos. Doe Deere loves giving mental support to female entrepreneurs through her social media accounts especially Instagram. Doe Deere regularly speaks at public events like Vegas Nay’s Stardust Tour and PHAMExpo. In such circumstances, she encourages women to be focused on their ambitions in life.

Doe Deere is a married woman. She met with the man who was to be her husband in the New York band. They were both parties to this group. It looks like the two loved colors. This is because her husband is the president of Lime Crime Company. It is a lovable family that can be an excellent example to other couples. Doe Deere is a great woman having been named one of the Top Inspiring Women Entrepreneurs by the Self-Made magazine.

Her success was not easy though. She took longer to launch the Lime Crime Company because she spent more time searching for bright makeups that would fit bright attires. She started the brand after finding out that ‘lime crime’ was the appropriate name for her eBay store. So, as you see her bright and pretty face on Instagram or any other media, know that this is a lady who has fought for her place and inspired many.Learn more:  https://galoremag.com/lime-crime-creator-doe-deere-colors-haters/

The Eminent Gregory Aziz

November 30, 2017 • divinefuel

The National Steel Car has been rated as the best company in the United States of America. The company has been ranked as the best in tank and rail road manufacturing industry. Greg Aziz Chief Executive Officer of the company contains hundreds of years’ experience in the manufacturing and engineering sector. The customers of the company have propelled the company to greatness in that they have constantly used their services.

 

The National Steel Company has been diverse in its activities. The management and the staff of the company have come up with innovative ideas to develop the company. The customers who are dynamic in nature have ensured that the company continues to exist. They have provided excellent support to the individuals. The shareholders in the company have encouraged the concerned individuals in the company to be self-driven in their work. Visit This Web Page for more.

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The management of the National Steel Company has raised their expectations so that they are able to offer quality results. The individuals have constantly purposed in providing the best services to their customers. This virtue has enabled them customers to trust them always. The staff of the company has always kept time in delivering the cars to their customers. The cars delivered usually are of great performance.

 

The company has over the years demonstrated its success through the numerous awards that they have been awarded. The TTX SECO Awards were awarded to the management while it was also ISO certified enabling the company to be the only one in the North America to receive the award. The stakeholders and the suppliers of the company have worked tirelessly to ensure they post great results.

 

 

Gregory James Aziz is the president of the company. Greg Aziz has instilled great values in the management and staff of the company where they have to respect their past traditions. James Aziz has poised the company to always win regardless of the success they have achieved before. The Hamilton is the place where the company is located. Under the leadership of James Aziz, the company has supported many local charities.

 

 

The Hamilton Opera, the Salvation Army, The United Way, and the Theatre Aquarius are some of the organizations that the company has sponsored. The company has been the leader in the manufacture of new cars that have taken over the industry. The company has over the years valued its team since it has demonstrated dynamic leadership that has helped the company. The individuals are greatly valued by the company.

Gregory Aziz’s Contribution In Making National Steel Car A Leading Brand

November 29, 2017 • divinefuel

To remodel a company that has been in operation for over a decade is not an easy job. And more so to maintain and improve the quality of goods produced while creating a better relationship with customers and employees.

 

National Steel Car was started back in 1912; it has gone through several transitions since then. The most significant transition happened in 1994 when the legendary Greg J. Aziz took over the leadership of the company.

 

 

Gregory James Aziz’s Work Experience

 

After graduation, James worked in his family business for a short while. During his time at the wholesale food distributor chain, the business grew significantly. The company Affiliated Foods specialized in the distribution of fresh foods to America and the eastern side of Canada. The fresh foods came from all over the globe including Europe and South America.

 

Greg later went to New York City where he worked as an investment banker in the late 1980s and early 1990.

 

Today, Greg Aziz is the CEO of National Steel Car, a company that has enjoyed the status of being regional leader of freight car manufacturing for over a decade since Greg took office in 1994. Gregory James is a very determined man and does not rely on past success. He continually remodels the company to meet the new demands of the industry. When he took over National Steel Carfrom Dofasco, his primary goal was to tap into the vast human resource pool that was unutilized and to improve technology to benefit the clients and the company as well.

Under his leadership, National Steel Car grew from an employer of about 600 people to over 300 and started manufacturing 12,000 cars per year up from the 3500 cars which it used to produce at the time when James Aziz took it over. The success of National Steel Caris attributed to Greg ability to work with his employees as a team to meet the changing demands of the esteemed customers. The company pays attention to what the clients want and acts on their requests.

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Gregory James went to Ridley College and later joined University of Western Ontario for Economic degree. His visionary and practical skills when managing National Steel Car have made the company the only railcar manufacturer to be ISO Certified ISO 9001:2008. in North America. The company has also received the TTX SECO award consecutively for 13 years. Read This Page to learn more.

 

Gregory Aziz is a great philanthropist. Through his company and together with his Wife Irene, he has contributed to Hamilton Opera, The United Way, and Theatre Aquarius among other charities.

More On: https://www.behance.net/greg-aziz