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.