Malcolm CasSelle: Ahead of the Platform Curve

Malcolm CasSelle is an entrepreneur who has revolutionized the arr of currency in video games and trading online platforms. He is currently the President of WAX which stands for Worldwide Asset eXchange. He is also the President of a company called OPSkins as well. He is a man who continues to be ahead of the curve when it comes to digital currency and its uses.
Being ahead of the curve is nothing new for Malcolm CasSelle. He was one of the first investors to take advantage of platforms such as Facebook, Zynga, and Bitcoin. Bitcoin has become one of the most popular worldwide currencies as of now. He knows that things change quickly in the digital and gaming worlds and he is doing his best to stay on top of things. He has computer science degrees from Stanford and MIT.
Platforms are becoming increasingly complex and Malcolm CasSelle has found a way to keep things simple. First, he has made the currency simple by using tokens. Tokens are what players use to buy and sell things in a video game. He uses people called Transfer Agents and Guilds in order to make sure that transactions run smoothly. If the job is not executed well the Transfer Agent can be removed from the game.
This platform can also be used in order to purchase real life things as well. This can open up new avenues for WAX to grow. This could be a new avenue for collectors to be able to buy rare things like coins and old stamps. It can also be used to buy more expensive products like cars and homes. Guilds can also help increase the cost of a rare item for sale on WAX as well. This could open up quite a few ways for WAX to be relevant and profitable.
Using all types of assets on a platform like WAX is making the name Malcolm CasSelle more popular than ever. In a time where things move fast, Malcolm CasSelle has figured out a way to move faster and be able to give people what they want.

Bradesco’s CEO Resigns, Leaving Room for Trabuco To Lead

Luiz Carlos Trabuco is president of Brazil’s second-largest bank both in terms of assets and equity. Holding a Socio-psychology postgraduate degree from Sao Paulo’s Fundação, (Sociology and Politics), he was the named then 2015 winner for the Entrepreneur of the year award (Finance Category) by Brazil’s Isto É Dinheiro magazine. He’s been listed as the country’s top 100 most influential persons. Forbes magazine listed him as Brazil’s best Chief executive officers last year.

Career

Mr. Trabuco started out at Banco Bradesco, being the bank’s clerk at only 17 years. He would then rise to the position of marketing director where he played a part in having the banks communication being modernized and developing a close relationship with Brazil’s media. He stayed as marketing director for 8 years before being named Chief executive officer for Bradesco Vida e Previdência in 1992, a private company dealing in private pension. He held the CEO position for 6 years till 1998. He then moved to Banco Bradesco as Managing director before assuming the Vice President’s post.

Trabuco’s experience

Mr. Trabuco then became president of Bradesco Seguros, which has 8 companies. It is during this period that Bradesco’s shares started trading on the NYSE. At the same time, the bank’s size doubled and garnered 25% market share in Brazils banking industry. Its insurance arm became the largest in Latin America with 35% share of the market. He succeeded Laurelli Cypriano as the banks 4th President in 2009. He won the Entrepreneur of the year award after leading Bradesco to acquire HSBC Brazil, the largest acquisition in the bank’s history. He joined Bradesco’s Board of directors in October this year and is the bank’s 3rd president of its Board of directors.

Chairmanship of Banco Bradesco

At 91 years, Lazaro de Mello Brandao was one of the oldest chairmen still serving in the Banking industry. He stepped down after over 25 years as Chairman of Banco Bradesco. He has been replaced by Mr. Trabuco, who will hold both positions as chairman and Chief executive officer of the bank until March. A new Chief executive officer will then be selected.

The conclusion

The outgoing chairman, however, will continue with his role in one of Bradesco’s companies. He also stated that it was his personal decision to resign in order to ensure the bank’s continuity by renewing its board. Bradesco is set to continue with the outgoing chairman’s tradition of choosing executives from the bank’s internal ranks instead of externally sourcing for replacements. The bank is set to pick the CEO from any of its seven executives of the highest ranking. Mr. Trabuco, the banks acting head, said that the choice for CEO will come from Banco Bradesco’s own talent pool, confirming the rumors of internal promotion.

The conclusion

Following the changes at the bank, its shares fell by 1.2% to 36.63 percent, before rallying back to 39 percent. The bank had changed its bylaws last year in order to increase CEOs age limits to 67, from 65. This gives the acting chairman time to name his successor for the CEO post. Possible candidates for the post include:

Mauricio Machado de Minas: Head of Bradesco’s IT, joined Bradesco in 2009.

Alexandre da Silva Gluher: Gluher; Head of the banks Risk office, the 57 year- old has been with the bank since 1976.

DomingosFigueiredo Abreu: heads the banks treasury and also lending departments and has worked in Bradesco since 1981.

Josué Augusto Pancini: the 57 year -old joined the bank in 1975, head of its branch networks and income segments.

Others include the head of corporate banking, head of the insurance unit and also the bank’s human resource department head.

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