Category Archives: CEO

Hussain Sajwani, the DAMAC CEO with a Great Mind

Hussain Sajwani is the mastermind behind the growth and the development of DAMAC Properties, a Dubai-based property development company. The self-made billionaire businessman founded the company in 2012. His main objective was to bridge the gap between the increasing demand for high-end property and the few hospitality facilities in the booming city of Dubai.

The DAMAC owner is not new in business. Before he had established DAMAC Properties, he had ventured into the catering business and established a vibrant enterprise under the name Global Logistics Services.

The astute business started the catering and hospitality business as a small food joint in downtown Dubai. Owing to his superior business skills, the eatery grew to become a major player in the catering and hospitality industries. It became the choice supplier of noteworthy clients like Bechtel and the US military.

Through Global Logistics Services, the DAMAC owner supplied meals and camp management services to Bechtel’s construction sites across the Middle East. Additionally, the company is also the sole supplier of catering and campsite management services to the US military across Qatar, Bosnia, Afghanistan, Kuwait, and Saudi Arabia.

The DAMAC CEO arguably the pioneer of the property development in Dubai. Using the proceeds from his catering business, he purchased land in the less developed parts of Dubai. He used his knowledge in economics to project a possible rise in demand.

Following the property boom in Dubai in the late ’90s, the DAMAC owner started engaging in off plan selling of luxury housing units. He used the returns from down payments to commence new construction projects.

Hussain Sajwani utilized his skills in legal affairs, marketing, sales, administration, and finance to propel DAMAC Properties to the peak of the property development industry. Using these skills, Sajwani sold DAMAC’s first building in less than two months. Since then, the company has developed several high-end properties, which have drastically changed Dubai’s landscape.

The DAMC CEO is also an innovative businessman. He has partnered with like-minded business persons and entities to create advanced products for the ever-evolving property market. He has partnered with Tiger Woods to develop the Trump World Golf Course in Dubai. The Trump Foundation manages the project. Other partners include the owner of Versace Home, Fendi Casa. The partnership entails the development of luxury homes.

Richard Liu Qiangdong

 

As the CEO of one of the most powerful fashion companies in the world, JD.com, Richard Liu Qiangdong has proven the entrepreneurial spirit is alive and well and can lead to tremendous global success. The company’s current wealth is $57.6 billion. According to Forbes, Liu is worth $11 billion.

Liu graduated with prestige from Renmin University of China in 1996 and worked on his computer programming skills. Liu then improved his education through an EMBA from the China Europe International Business School. Liu started his career with Japan Life, a health product company, where he served in different roles which included director of computers and business director.

Richard Liu believes the spirit of business comes from years of entrepreneurial endeavors. His journey into fashion has led to his success in the world of e-commerce as JD.com can only be found on-line.

From Liu Qiangdong’s perspective, a global, universal approach is most fitting for developing a worldly sense of business. Once a business is started, the main focus is then to expand the services and attract a larger business. Wal-Mart currently owns 11% of JD.com and uses the on-line service as one of their largest retail providers. JD.com started out as a retail business but closed due to the SARS break out. See This Article to learn more.

Since that time, the company made a switch to on-line only, a move that propelled JD.com into unlimited online success. JD.com has highly regarded fashionable items that are sought after by people from all walks of life, no matter the level of income.

Liu attributes much of the company’s success to how well the business world communicates with each other across the world. Richard Liu Qiangdong believes being universally accepted from all consumers is the fundamental success. Leaders like Liu are those who push for excellence, deserve it from their employees, and serve it to their customers.

 

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Randal Nardone, the Experienced and Talented Hand at Fortress Investment Group

Randal Nardone is a co-founder and one of the principals of Fortress Investment Group, a New York-based alternative investment company. The main focus of Fortress Investment Group is in asset management. Currently, the firm has an estimated 216 private and public investors. Though the company is based in New York, it has subsidiaries in England, Germany, Switzerland, Japan, Australia, and China. Besides the international subsidiaries, Fortress Group has several domestic subsidiaries including Drawbridge Special Opportunities Advisors, Drawbridge LDVF Patent GP, Fortress Mortgage Opportunities Advisors, FIG AMC (UK) Limited, Shiro Holdings, Coinvestment Fund GP Holdings, and Sora Holdings. Read more on premiergazette.com

Apart from his role as the Principal, Randal Nardone has also served as the Chief Executive Officer of Fortress Group since 2013. He also serves as the principal of Fortress Credit Corporation and the president of Springleaf Financial Holdings. Nardone is also the secretary and Vice President, Newcastle Investment Holdings. He is a Co-Founder of Fortress Investment Fund V, L.P. and Fortress Investment Fund IV, L.P., where he also serves as the Chief Operating Officer, Chief Executive Officer, and the Principal. Additionally, Nardone serves as the Chief Executive Officer, principal, Chief Operating Officer, and Co-Founder of Founder of Fortress Registered Investment Trust.

Before joining Fortress Investment Group, Randal Nardone worked as a lawyer at Thatcher, Proffitt & Wood, a New York-based law firm. While working at the law firm, Nardone rose through the ranks to become one of the executives of the company. After a short stint in the field of law, he decided to venture out into the finance sector. He co-founded Blackrock Financial Management, which he propelled to success within a few years of his service as its principal. Later on, Nardone decided to join UBS, where he served as the managing director. He holds a J.D degree from Boston University Law School. He also attended the University of Connecticut, where he attained a degree in Biology and English.

Randal Nardone has also served in many boards as the director. Some of the companies he has served include Florida East Coast Holdings, Alea Group Holdings Bermuda, Eurocastle Investment, Springleaf Finance, OneMain Holdings, Fortress Transportation and Infrastructure Investors, and Springleaf Finance Corporation among others. Visit https://www.bu.edu/law/2018/05/17/randal-nardone-80-featured-in-new-york-patch/

Rick Shinto Announces Addition of Executives to InnovaCare’s Leadership

InnovaCare Health is a leading healthcare provider in North America. It is well-known for providing managed healthcare services that are geared towards meeting and surpassing the changing health needs. The healthcare provider is redefining healthcare management with a primary objective of meeting the challenges of the complex healthcare environment. It takes commitment and hard work to achieve success in corporate governance. InnovaCare Health has been at the forefront for developing an able leadership team to help in achieving success and corporate management. The leadership at InnovaCare inspires and motivates other employees in the organization to perform extraordinarily well in their respective areas of service.

InnovaCare understands that successful leaders must work together as a team to achieve the goals of the organization. With that in mind, InnovaCare Health recently announced the addition of three professionals to its team. The three experienced professionals have vast experience in the healthcare industry, and InnovaCare hopes that they will take the company to the next level

Jonathan Meyers

Jonathan Meyers has been appointed the chief actuary officer during the recent appointments. Jonathan was serving as the director of actuarial services, Medicare and Medicaid before he was named to join InnovaCare. He was working as Horizon BCBS, the largest carrier in New Jersey. Jonathan previously worked at New York-based Healthcare Partners as a chief actuary officer. Jonathan is the right candidate for the job position at InnovaCare, having offered employee benefit consultancy services to corporations and large businesses like Northwell Health, International Paper, Johnson &Johnson, AXA Financial, and SEIU 1999.

Mike Sortino

InnovaCare has announced the integration of Mike Sortino to the company as the new chief accounting officer. Mike held a position at Samsung Fire and Marine Insurance Co. Ltd as a controller of its U.S. branch. Mike was working at HCC Specialty as the chief financial officer before joining Samsung. Mike has over two decades of experience in the industry, which adds to the 120 years of combined experience in InnovaCare in the areas of managed care services. Mike has exceptional leadership skills, creating innovative ideas, and industry knowledge.

Penelope Kokkinides

Penelope Kokkinides is among the three executives who have been appointed to leadership positions at InnovaCare Health Solutions. She has been appointed as the chief administrative officer. Penelope was previously working in the same organization as the chief operating officer before her appointment. Kokkinides served as the chief operating officer at Aveta before joining InnovaCare Health. Penelope brought to InnovaCare her 15 years of experience in government programs and managed care sector, which will have a significant impact on the top leadership of InnovaCare Health solutions.

https://www.businesswire.com/news/home/20170406006256/en/InnovaCare-Health-Executive-Meets-President-Trump-Discuss

Worldwide Presence With A Worldwide Plan: The Effects Of Mr. Bernard Chua

As being a native of the Philippines and a medical professional, Bernardo Chua is also a recognized direct sales executive with a track record of success. Because he was exposed to the Ganoderma mushroom at a young age, he was able to see the effects of the herb. But later in life, he was able to learn of the medicinal properties of the Ganoderma mushroom. How has this allowed him to become one of the worlds foremost recognize direct salesman today?

With his outgoing spirit and desire to help others, Mr. Bernardo amassed a following in the early stages of his direct sales campaign. He first presented his findings to those are the areas of the country. Soon after, he would expand and grow into the regions of North America. He was employed by the company Gano Excel because of his extensive knowledge of the Ganoderma mushroom. He quickly began to promote coffees and teas for the brand. Read more about Bernardo Chua at Caja Mediterraneo

After successfully working with Gano Excel, Bernardo Chua then took his efforts to the United States where he was named the president of the United States arm of Gano Excel. After receiving the promotion he quickly began to recruit his team to deliver operational excellence. As being the founder and CEO of Organo Gold, he has much success to go off of. As having a global market base of over 1 million people in the beginning, he has since expanded his global reach or go go go to millions of customers now. There is a lot of information to be found about Organo Gold and its many benefits. Mr. Bernardo Chua has remained as hungry today as he was when he first started. As being an example of what it takes to overcome obstacles, Bernardo Chua has shown the direct sales community how hard work and determination can pay off

Learn more: http://www.slideshare.net/BernardoChua

Bumble CEO Whitney Wolfe Herd Gives Insight Into The Future Of The Company

Bumble Chief Executive Officer Whitney Wolfe Herd often finds herself so busy that she suffers from anxiety. Whitney Wolfe Herd is proud that Bumble has over 30 million users throughout the United States, Europe, Australia and Latin America. She also recently announced that Bumble will be available in India in a few months. Whitney Wolfe Herd is also proud of the success of Bumble BFF and Bumble Bizz.

Whitney Wolfe Herd also recently joined Imagine Entertainment’s board of directors and launched Bumble Fund, a venture capital endeavor that involves the company investing in businesses managed by women. Wolfe Herd juggles these business ventures while also caring for her husband, who is recovering after having back surgery from injuries that he sustained in a serious automobile accident. More about of Whitney Wolfe at FastCompany


Wolfe Herd says that Bumble has spent the last few months consulting with dermatologists and psychotherapists to create a formula that will help solve skin issues, as well as emotional issues. This is the next step in Wolfe Herd’s plan to eliminate misogyny. She is currently working with lawmakers to create a bill that would make sending unsolicited pictures of nude genitalia an offense similar to indecent exposure. Wolfe Herd believes that actions should have consequences. Wolfe Herd often reflects on her own life experiences in her quest for justice.

Whitney Wolfe Herd says that she is aware that female CEOs deal with a level of criticism that their male peers rarely have to deal with. Wolfe Herd notes that she received death threats after announcing that Bumble would no longer allow guns in profile pictures. For her personal safety, Wolfe Herd now travels with a body guard.

All of the negativity that Wolfe Herd has encountered during her career motivates her to accomplish her goals. Wolfe Herd believes that Bumble has limitless potential.

Visit: http://fortune.com/40-under-40/whitney-wolfe-herd-9/

 

Vinod Gupta Shares Tips On How To Be Successful In Today’s World

 

Businessman Vinod Gupta, just last month, wrote an article on Medium about how to succeed in today’s society. Gupta mentions the stories of people rising to power and having success out of nowhere, but he does not believe that.

Instead, he believes that hard work over a period of time is the key to being successful. Gupta relates to his own story and how he had to work hard for years and stay true to his vision to achieve success. His first tip is to take risks in life and not let excuses get the best of an individual.

Vinod Gupta relates it to his own story coming from an Indian village with no resources and no money. He attended college with a belief that he would make it out on the other side and that if he didn’t make the decision to leave his village, he surely could be there now. The businessman understands how we can get overwhelmed in our lives, but that the best thing to do is to do the work and add more to it.

He believes that sometimes we can be our worst enemy and can let ourselves down with having doubts about ourselves. His other tip is to not take the pedal off the metal. What that means is not being satisfied with doing the bare minimum or laying off after achieving some success.

Vinod Gupta also shares his Business Lessons and for others to get involved in philanthropic work, specifically investing in education, as he believes it is the light of the future for many. He also believes it is necessary to not forget about family and in spending time with them. Gupta ends the article noting that finding happiness is the key to being successful too and in finding out a specific passion for something.

Vinod Gupta is the Chairman of Everest Group LLC in Omaha, Nebraska. He was the founder, chairman and chief executive officer of Infogroup, a technology company and started the Vinod Gupta Charitable Foundation.

 

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Visit: https://www.dailyforexreport.com/vinod-gupta-indian-born-american-businessman-investor-philanthropist/

 

Luiz Carlos Trabuco Cappi: Brilliant Ideas For Bradesco Banks Success

Bradesco Bank has announced the retirement of Luiz Carlos Trabuco Cappi, and they also revealed the person who will be replacing him. Octavio de Lazari Junior will be replacing him as the new president of the bank, and his primary objective is to transform the company to become the leading financial institution in the country regarding the number of investors and the size of assets. He will be inheriting the bank which experienced massive growth in the past few years because of the dedication of his predecessor.

According to Luiz Carlos Trabuco Cappi, the selection of Octavio de Lazari Junior as new CEO will be better for the company because he knew him well and he knows how he works out with things. He confidently declared that what he has done for the company will be continued by his successor because just like him, Octavio de Lazari Junior wanted to see Bradesco Bank succeed. Luiz Carlos Trabuco Cappi felt lonely that he would have to step down from the position as the president, but he highlighted his thankfulness for the company who hired him ever since he was a teenager.

Read more on Istoe.com.br

Luiz Carlos Trabuco Cappi started his career with Bradesco Bank when he was 17 years old. The company hired him as a clerk, and he would show his dedication in climbing the ladder of success to his superiors to get promoted. Through the years, he would be given several promotions until he becomes the president of Bradesco Bank. As the president, he was tasked to initiate programs that would allow the financial institution to catch up with their competitors. In the past, Bradesco Bank has the highest amount of asset and investors in all of Brazil. This made them the leading bank in the country, but all of it changed when their competitors started to restructure themselves, thinking of new plans that would make them better than Bradesco Bank. The most threatening of their competitors was the union between Unibanco and Banco Itau, because they managed to get the most investors, and their asset ballooned, eclipsing what Bradesco Bank has.

Luiz Carlos Trabuco Cappi has to think about a solution that would allow Bradesco Bank to regain the status as the leading bank in the country. One of the solutions he thought of doing was purchasing HSBC Brazil for $5.2 billion. This decision by Luiz Carlos Trabuco Cappi worked because after he purchased HSBC Brazil, the prices of shares under their company increased, and they managed to get some investors back. However, it was not enough. Bradesco Bank has to acquire more local banks to increase their assets, and in the process, most rural banks in Brazil went under their ownership. Through the years of being the leader of the financial institution, Luiz Carlos Trabuco Cappi only has one thing in mind – that is, to make the company succeed. He surely did something that would allow Bradesco Bank to acquire more investors, but for him, it is just the beginning of their comeback in the industry.

For more information about Luiz Carlos Trabuco, just click here.

Felipe Montoro Jens Analyzes The Developments In Brazil Due To New Concesion Policies

A number of northeastern states in the country of Brazil are changing, transferring over rights of development from state-run companies to private ones. One of the main reasons for this is because of the new concessions that state governments are being able to provide to these companies. This new plan of action is meant to put heavier restrictions on the number of federal transfers, while at the same time, not reducing the cost of investments.

The state of Bahia is one of the main places that have been taking on this initiative. As per their new plans, the government started the Light Rail Vehicle Project to replace the current train systems that the company sees. Over a million people traveling to and within the state will be able to benefit from this. The government of Piauí is also taking on a similar initiative. The state has so far started up 24 different projects that will aid the state and the people living there. The government here is also more leaning towards the area of technological development and is starting to provide concessions to private internet companies who want to set up faster internet connections for the people. The government in the state of Maranhão has decided to go down the infrastructure route by allowing the construction of four new prisons by private corporations, within the state.

Felipe Montoro Jens, a notable member of the infrastructure and development community in Brazil, took to his blog to talk about the changes that the governments are implementing and the impact that they will have on the government. Having worked in some of the most prominent engineering and infrastructure corporations in Brazil, he has a good understanding of the development of the country, and what it potentially needs to be able to grow further.

The Hot Succession Race At Banco Bradesco

A new succession race is looming in the second largest bank by market value in Brazil, Banco Bradesco SA. The bank chairman, Lazaro de Mello Brandao, announced his resignation to the board, after serving the bank in that capacity for more than 25 years.

At 91 years of age, Brandao is one of the oldest bank chairmen in the world. He had served in the bank from when he was 16 years old when he served as a clerk and has therefore served in the bank for a cumulative period of 75 years. During this time, Brandao also occupied the position of the company’s CEO, between 1981 to 1999. In his tenure at the helm of management, he has entrenched a management culture where in-house talents are valued and given preference when it comes to occupying senior positions in the company.

After his resignation, his position was taken over in an acting capacity by the current CEO, Luiz Carlos Trabuco. Trabuco shall hold this position until the company’s board of directors appoints a new chairperson by March of this year, if not earlier. According to the company’s bylaws, the holder of the position of the CEO should have a maximum age of 65 years old, and this meant that the tenure of the current CEO should have ended last year. However, due to some critical operation that Trabuco was overseeing at that time, the company changed its bylaws and capped the maximum age of a CEO at 67, giving him two more years to serve. However, that means that after the bank gets a new chairperson this year, they will have to go through the process of replacing their CEO next year.

The resignation of Brandao has ignited a hot race for his replacement which should have concluded by March of this year. According to the bank’s policy where they respect and give preference to their pool of talent, the new chairperson will get picked from the bank’s list of current senior executives. While Brandao and the company insisted that they have not chosen the replacement yet, there is a lot of talk about who might just replace one of the oldest chairpersons in the banking industry.

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One of the name that is becoming popular in the succession race is that of the bank’s vice president in charge of technology, Mauricio Minas. He has brought about a whole technological revolution in all operations of the bank, played a crucial role in integrating HSBC, which the bank acquired recently, into the bank’s operations, as well as helping to develop a digital bank for the institution according to economia.estadao.com.br. Gluther, an experienced executive who played an integral role in the acquisition of HSBC, and Josue Pancini who has served as a vice president for a long time, are other names that are being fronted to take up the position. However, the pool of possible replacements is still significant, given that the bank has six vice presidents, all of whom have a strong track record.

As he also prepares to retire, Trabuco is the fourth person to occupy the presidency of the bank. He has provided able leadership to the bank which has almost R$900 billion in assets and which has close to 27 million account holders. His birthplace is Marilia and graduated from the School of Sociology of Fundacao, and later with a postgraduate degree in Socio-Psychology. He began working at Bradesco in the year 1969, where he has risen through the ranks, from being a department director in 1984 to being appointed a Managing Director Executive in 1998, and ultimately in 2003 when he took over the management of Bradesco Seguros until he later got elected to the presidency.