In late 2017, the longest-serving chairman in the banking industry Mr. Brandao resigned leaving room for a youthful leader. While stepping down, he was clear about the company’s need to maintain the internal recruitment process, a move that has since seen Bradesco grow into a leading banking institution in Brazil. Further, into his resignation, Brandao appointed Luiz Carlos Trabuco as his predecessor. This was in light of a somewhat temporary replacement at that moment.
The appointment of Luiz Carlos Trabuco to serve as the chairman was pegged on his tremendous success in leading the banking institution through various complex projects. Until now, Bradesco’s shares in the industry have increased thanks to the exemplary leadership skills that Luiz Carlos Trabuco possesses. Well just a few weeks ago, Bradesco’s board of directors held a meeting to elect a new president who will permanently replace Brandao. Of course, this was an impending election.
Read more: O Bradesco, de Brandão a Trabuco
Describing Octavio de Lazari
Octavio de Lazari who has been serving as the vice president of Banco Bradesco is the new president. His election was pegged at various angles including his merits, ethics and his input to Bradesco since he joined the company. Well, reports from the management of the company indicate that he has been instrumental in shaping the management of the firm. Alongside with a dynamic approach to issues, Octavio de Lazari is supposedly the best candidate for the job.
The New President
Octavio Lazari joined Banco Bradesco in the 1990s, a moment in which, he worked as the area credit manager. Later in a few years of service, he was promoted to oversee corporate management in small to medium retail business segments. It was in 2010 that he was appointed the president of the department he served. In his capacity as the head cheerleader of credit departments, he oversaw the issuing of loans in different positions. He also managed financing. Having served for over a decade, he was trusted with the vice presidency of the organization last year; a move that has since tossed him into senior leadership.
On the other side, Luiz Carlos Trabuco will maintain his position as the chairman of the board of directors. Accordingly, he is expected to guide the president through the basics of excellent leadership. This is in light of his past experiences and how invaluable he is to the firm. Also, Luiz Carlos Trabuco will continue to oversee various banking activities in the institution.
More on Luiz Carlos Trabuco
Luiz Carlos Trabuco joined Banco Bradesco at a very tender age. He was about 17 years old, and he served as a clerk. Well, that did not deter him from making significant professional moves that have since seen him grow to become a senior leader. He worked as a CEO of the bank for so many years. Also critical to note is the fact that he has substantiated Banco Bradesco’s shares by increasing the input of the bank. Luiz Carlos Trabuco hails from Brazil. He attended the University of Sao Paolo and majored in philosophy.
Search more about Luiz Carlos Trabuco Cappi: https://epocanegocios.globo.com/Economia/noticia/2018/04/o-brasil-e-o-melhor-ativo-que-o-mundo-tem-para-investir-diz-trabuco.html