The banking sector in Brazil has been at the forefront of the economic growth that the country has witnessed in the past few decades. As one of the fastest growing countries in the world, Brazil has a very diverse and extensive banking and financial industry with Banco Bradesco being one of the leading banks in the country.
Luiz Carlos Trabuco Cappi is the President of Banco Bradesco and has been so for the past nine years and counting.
Under his leadership, Banco Bradesco has grown substantially, and some of the decisions he has made as the president has helped the organization consolidate its position in the banking sector. One of the keys focuses of Luiz Carlos Trabuco as the head of Banco Bradesco is privatization of the government and state-owned businesses and entities. It would help in more efficiency and performance and ensure that the revenue continues to increase with time.
Luiz Carlos Trabuco Cappi recently announced the next President of Banco Bradesco, Octavio de Lazari Junior. For the past less than the decade, Octavio de Lazari Junior has been heading the operations of Bradesco Seguro successfully. Luiz Carlos Trabuco said that it is essential for the Lazari Junior to work hard to carry forward the legacy and the hard work that his predecessors have put into making Banco Bradesco into one of the leading banks in the country. See This Page for more information
Luiz Carlos Trabuco also said that one of the areas that Lazari Junior would have to work on is pension reforms, which he believes would ensure that the backbone of the economy is not drained over a period. The treasury of the country is draining out fast due to the lack of pension funds with the people, and the demand for the credit has been soaring like never before. The lack of the growth of the working capital is the reason behind the rise in the demand for credit, and the primary reason behind it is the lack of pension reforms in the country.
Luiz Carlos Trabuco believes that the broad knowledge that Lazari Junior has in the insurance, as well as the banking sector, would help him solidify some of the reforms for the pension front.
Octavio de Lazari Junior was one of the few choices of top-tier executives that were considered to become the next President of Banco Bradesco, and the board of directors finally chose him over the others due to his vast experience, impeccable performance, and extensive expertise in the banking and insurance sector. Luiz Carlos Trabuco also worked with Bradesco Seguro before becoming the President of Banco Bradesco. The performance of Bradesco Seguro under him and how he helped double the asset valuation and holdings of the organization under his leadership is what made him the President of Banco Bradesco eventually.
Luiz Carlos Trabuco is the fourth President of Banco Bradesco and he has helped in making it one of the largest banks in the country, and in Latin America. Luiz Carlos Trabuco Cappi hopes that the next President would continue his legacy and ensure that Banco Bradesco continues to remain one of the top banks in the nation.