A New Era At Bradesco? Details Luiz Carlos Trabuco

Luiz Carlos Trabuco, the 4th and current president of Bradesco has cleared the air as to future plans of the financial services giant. Bradesco was founded in 1943 in Marilia, by Amador Agular.

Graduating from the University Of Sao Paulo (USP), with a degree in philosophy, Luiz Carlos Trabuco Cappi initial position with Bradesco was a bank clerk back in 1969, in his and Bradesco home town of Marilia. Luiz Carlos Trabuco Cappi was a bank clerk for two years, before moving to Sao Paulo in 1971, and was promoted to be the Director of Marketing. Luiz Carlos Trabuco Cappi, as the Director of Marketing, understood the importance of having a good reputation in the public eye, and this can best be achieved by having a good relationship with the media.

Since its inception, Bradesco has grown to become an international banking institution and second largest bank in Brazil. Luiz Carlos Trabuco has been president of Bradesco since 2009, and now at the age of 67 he will be stepping down. Lazaro Brandao the former president of Bradesco and current Chairman of the Board of Directors raised the age limit from 65 years to 67 years, because of all the changes the bank is undergoing at this point in time. Luiz Carlos Trabuco and Bradesco realized the requirement of announcing the next president 30 days prior to the Ordinary General Assembly (AGO) meeting scheduled for March 12th 2018. Also a short three years prior, Bradesco acquired HSBC. These factors all compounded to bring us to where we are now at this transition or changing of the guards.

Octavio de Lazari Junior has been confirmed to be the 5th president of Bradesco, and will be made official during the Ordinary General Assembly (AGO) meeting. Octavio de Lazari Junior attended the Faculty of Economics and Administrative Sciences of Osasco and earned a graduates degree in economics, he also has a specialization in Financial Strategies and Marketing from the Fundacao Instituto de Administracao.

Luiz Carlos Trabuco also shared the plans of the 91 year economist Lazaro Brandao, and Chairman of the Board of Directors will be retiring. Lazaro Brandao retirement will leave a vacancy as Chairman, a position Luiz Carlos Trabuco will assume as chairman. Octavio de Lazari Junior becoming the new president, means there was need for a new vice president, Luiz Carlos Trabuco stated. Carlos Alberto Rodrigues, who has been with the company since the age of 13 will become the new vice president.

Source: http://www.valor.com.br/financas/5306443/bradesco-anuncia-octavio-lazari-no-lugar-de-luiz-carlos-trabuco

Luiz Carlos Trabuco Cappi Is Ready To Take Over As Chairman Of The 24th Largest Bank In The World

Chinese banks are still the largest corporations on the planet, but big Wall Street banks are gaining ground thanks to asset resurgence in 2017. J.P. Morgan is now the third largest bank in the world, and Wells Fargo is number four on the list. Bank of America and Citibank are still in the top ten, and Brazil’s Banco Itaú is not far behind. Itaú was the thirteenth largest bank in 2017 but Banco Bradesco had a very good year, and that Brazilian bank is now the 24th largest bank on the planet.

Banco Bradesco SA offers Brazilians banking and financial services and products, and for the last nine years, Luiz Carlos Trabuco Cappi was running the show as CEO and president of the bank. Cappi’s banking expertise is one of the elements that has propelled Bradesco into the spotlight on Wall Street in 2017. Bradesco operates two banking segments: Pensions and Capitalization Bonds and Banking and Insurance. The pension and capitalization, plus the insurance segments offer clients personal, accident, health, automobile, life and other asset insurance. Bradesco is one of Brazil’s most respected banks thanks to Amador Aguiar, the founder and Lázaro Brandão, the banks long-time CEO and Chairman of the Board. Lázaro is Bradesco’s oldest employee, and he is one reason the bank’s expansion program is so successful. Lázaro is the man who made a small city bank one of the top banks in the world, but he didn’t achieve that feat alone. Luiz Carlos Trabuco Cappi gets a lot of the credit, thanks to his unique and effective management style and his personable personality.

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The Luiz Carlos Trabuco Cappi banking story is not a typical financial story. Cappi didn’t go to the University of Sao Paulo to be a banker. He needed a job after completing graduate studies in psychology, and Brandão’s staff gave him a job in 1969. Cappi was a trainee with no finance background and no accounting degree. But Lázaro knew that Luiz would fit the bank’s executive profile at some point, even though he wasn’t a typical banking trainee. And Luiz didn’t disappoint Lázaro. Hiring Luiz is one of Lázaro greatest accomplishment, according to Mr. Brandão. Even today, it doesn’t take a rocket scientist to see and feel the chemistry between the two men. Cappi’s ability to manage people and his innate business sense give Bradesco the right ingredients at the top of the Bradesco food chain. Luiz put an executive team together, and it is one of the most effective banking teams in the Brazilian banking industry.

Lázaro de Mello is on the last leg of his banking career. Luiz is taking over as Chairman of the Board. That title means Luiz is part of banking royalty because he is only the third chairman in the bank’s 74-year history. As chairman, CEO Luiz will have to find his replacement, and the plan is to promote one of the men on the current executive team. There are seven names on the CEO list, and all of them display professional banking talent. Luiz Cappi doesn’t play favorites, so anyone of the seven could get the job once the six board members cast their votes. But the word on the banking street is 52-year-old Marcelo de Araujo Noronha has a great chance because of his age. And Mauricio de Minas, the 58-year-old IT man, is another top candidate.

But the other five executives, Josué Pancini, Andre Cano, Domingos Abreu, Octavio Lazari, and Alex Glüher could all do the job. Luiz will announce his new CEO pick in February 2018 right before the annual shareholders meeting.

Search more about Luiz Carlos Trabuco Cappi: https://www.brasil247.com/pt/247/economia/321809/Trabuco-assumirá-presidência-do-conselho-do-Bradesco.htm