With the recent retirement of Brando de Mello, Bradesco Bank had to witness a number of changes in its executive team and the board of members. Brando had been serving in the position of chairman of the company for the last twenty-five years, and during that time, was responsible for the incredible growth that the company witnessed. As he retired, the position of chairman of the company fell vacant, which was then given to Luiz Carlos Trabuco, who was at the time serving as the President of the company.
Because Bradesco follows a tradition of electing members to their higher positions from within their ranks, there are always positions falling vacant at Bradesco. This happened once again when Trabuco was asked to take over the position of Chairman of the country, leaving the position of President vacant. With this, new candidates to fill out the position had to be selected by Bradesco’s board of directors according to bradescori.com.br.
There was a lot of speculation about who the president to the company might actually turn out to be, and this speculation was put to rest when Trabuco came forward to make the announcement about the next President to the company. In this announcement, Octavio de Lazari was chosen as the person to fill out the position that was left vacant by Trabuco. However, Octavio has not yet started performing his operations as the new President. He will be able to officially take on the position after the shareholders meeting is held in March.
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Before the meeting, Trabuco will be performing the functions of the President and the Chairman of the company. It would seem like a lot of work for just one person, but Trabuco has demonstrated that he has been able to perform them with absolute ease.
Having worked at the company for so many years, Trabuco knows Bradesco inside out. In the past, he has also worked as the President of Bradesco Seguros, which is the banking and investment segment of Bradesco. He was responsible for the incredible growth that the company had seen and brought on a huge amount of success to the company. When he took over as the President of Bradesco as well, he was responsible for the expansion that the country witnessed. He also helped the company rise to being the number one private company in the country.
Because of the expertise and skills that Trabuco possess, he is looked up to immensely in the financial field. He is regarded as someone who has a lot of knowledge about the banking industry, which has helped him lead Bradesco to the profitable position that it currently is in.
Octavio de Lazari too has had a similar background as Trabuco, which is also why the board of directors is confident in his abilities. Octavio also previously served as the head of Bradesco Seguros and has been working for the company for an incredibly long period of time. He has helped the company grow immensely, and will be able to contribute a lot more, now as the President of Bradesco.
Learn more about Luiz Carlos Trabuco Cappi: http://www1.folha.uol.com.br/mercado/2017/10/1926243-proximo-presidente-do-bradesco-saira-da-diretoria-do-banco-diz-trabuco.shtml