Luiz Carlos Trabuco Cappi, Will No Longer Lead Bradesco

Luiz Carlos Trabuco Cappi, the current president of Bradesco, sat down to share details of the many changes to the Board of Directors scheduled over the next few weeks. Brazil, Latin America’s largest economy is also home of Bradesco one of the largest financial services companies, who just recently acquired HSBC has announced changes in leadership on the horizon. Luiz Carlos Trabuco Cappi, will be ending his 15 year presidency of the Bradesco. There was heavy anticipation as to the details of the vacancies left by Luiz Carlos Trabuco Cappi.

Luiz graduated in University of Sao Paolo with degree of psychology. Luiz Carlos Trabuco Cappi started working as a bank clerk in 1969, in Marilia. Marilia is the same city Bradesco was founded in 1943. Luiz Carlos Trabuco Cappi worked his way up the ladder of success and by 1984, he was in Sao Paulo as the Director of Marketing. As the Director of Marketing, Luiz Carlos Trabuco Cappi encourage a more open and transparent culture to improve public relations. Luiz Carlos Trabuco Cappi would be President of Bradesco’s private pension division from 1992 to 1998. The following year Luiz Carlos Trabuco Cappi would be appointed Executive Vice President of Bradesco, which will be filled now by Carlos Alberto Rodrigues Guilherme as part of the changes coming forth.

The appointment of Octavio de Lazari Junior was meet with disapproval from some of the fellow executives, however Luiz Carlos Trabuco Cappi has revealed Bradesco is behind Octavio de Lazari Junior 100%. Octavio de Lazari Junior began his career back in 1978, when he became an Agency Manager. Octavio de Lazari Junior would move on to be named the Director of the credit division at Bradesco. Octavio de Lazari Junior lead the credit division in switching focus to small and medium size companies. Getting promoted to Department Directors of Loans and Financing in 2010, Octavio de Lazari Junior would be appointed Board of Director Officers in 2012. Now Octavio de Lazari Junior is the Executive Officer Vice President and Chief Executive Officer of Bradesco Seguros Group. Luiz Carlos Trabuco Cappi said Octavio de Lazari Junior will be officially appointed to the presidency at the AGO (Ordinary General Assembly) meeting scheduled for March 12th 2018.

Carlos Alberto Rodrigues Guilherme has been named to be the new Vice President of the council, with Luiz Carlos Trabuco Cappi now to leave the position he held since his appointment in 1999 according to Estadao.com.br.

Luiz Carlos Trabuco Cappi continued to discuss the retirement of Lazaro Brandao. Lazaro Brandao has been with Bradesco for 75 years, and orchestrated many of Bradesco’s successful endeavors over the years. Lazaro Brandao retirement will leave an unfillable void in the council and he will truly be missed. Lazaro Brandao, did share his opinion on the problems plaguing the economic situation in Brazil. Lazaro Brandao blames the lack of political unity is the cause of many issues with the economy. Lazaro Brandao went on to detail the solution to improve the situation in Brazil is to implement a plan for labor reform. Lazaro Brandao acknowledges labor reform is a difficult, but necessary.

Check more about Luiz Carlos Trabuco Cappi: http://www.valor.com.br/financas/5306443/bradesco-anuncia-octavio-lazari-no-lugar-de-luiz-carlos-trabuco

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