Luiz Trabuco Cappi Replaces Lazaro Brandao As The Chairman Of Bradesco Bank In Brazil

Lazaro Brandao is a renowned banker in Brazil. He was born in 15th June 1926 in Itapolis. Lazaro Brandao began his career AT Casa Bancaria Almeida & Cia in 1942. In fact, Brandao had tested the waters in the Brazilian banking industry even before the founder of Bradesco, Amador Aguiar. Lazaro Brandao and Amador Aguiar were the first executives of Bradesco bank that was founded in Marilia.

Lazaro Brandao’s early career at Bradesco bank
Mr. Lazaro Brandao played prominent roles in the bank in its early years. Together with the founder of the bank, Mr. Lazaro focused on building the foundation on which Bradesco stands today. Brandao served as the president of Bradesco bank from 1981 to 1999 according to valor.com.br. He was responsible for overseeing the operations at Bradesco bank in its early years. Mr. Brandao took over the top leadership at the bank in 1991 when the founder, Mr. Amador fell ill and could not continue with his roles as the chairman of the bank.

Mr. Lazaro’s achievements as the chairman of the Bradesco bank
During his 27 years at Bradesco bank, Lazaro Brandao brought forth a lot of transformations. He successfully led Bradesco bank through a series of acquisitions that helped the bank to stamp its authority as the leader in the Brazilian banking industry. Under his leadership, Bradesco bank also introduced many banking products that include internet banking to its customers. Bradesco bank also opened several subsidiaries that include Bradesco Seguros, the insurance division of the bank.

Read more: Next Bradesco president to leave the bank’s board of directors, Says Trabuco

Events leading to his resignation
After serving at Bradesco for close to three decades, Mr. Lazaro Brandao saw it necessary to pass on the leadership mantle to younger and vibrant leaders in the bank. He personally chose Luiz Carlos Trabuco Cappi to succeed him as the chairman of the bank.

Initially, Luiz Carlos Trabuco Cappi held the positions of the President and the chairman of the bank until the general shareholders meeting was held in March this year to elect the new president of the bank. Lazaro Brandao has dedicated his entire career serving the second largest bank in Brazil. He could wake up early in the morning and leave his office late, sometimes working even on Saturdays.

During his time as the chairman of the bank, Mr. Lazaro Brandao mentored other leaders that include Luiz Carlos Trabuco Cappi and Octavio de Lazari, the new President of the bank. Luiz Carlos Trabuco Cappi is known for taking firm steps to defend the bank.

Find more about Luiz Carlos Trabuco Cappi: http://economia.estadao.com.br/noticias/geral,bradesco-anuncia-substituto-de-luiz-trabuco-na-presidencia-do-banco,70002178384

The Future And The Next Phase Of Bradesco After The Leadership Of Luiz Carlos Trabuco Cappi

There’s a lot happening in the business world of Brazil, and those who are following the growth and the progress of Brazil’s economy should find it unmissable to learn a thing or two about what’s happening to Bradesco, which is Brazil’s second-largest bank.

Some of the questions that the shareholders and entrepreneurs involved in Bradesco’s growth find themselves asking would first be: what’s the future of Bradesco now that the current president of the bank Luiz Carlos Trabuco Cappi is now leaving his position and transitioning to other roles?

The Replacement

In the report from the Estadao news journal, it was mentioned that there’s a lot of new names that are put in line to replace Luiz Cappi’s retirement. Despite the retirement, it is still such a blessing for Bradesco to be able to hire Luiz Cappi as part of their executive team because of the new age limit policy set in the company. However, there’s already a confirmed report from Bradesco that the new replacement would be Octavio de Lazari Junior, who was once the vice president of the company and was once the president of Bradesco Seguros.

The election of the new president had to be undergone with strict process and rigorous endorsement process just to make sure that they get the right man to replace the leadership of Mr. Cappi. It is the aim of the new management of Bradesco to make sure that the new leader is able to position the bank for the future. This means that the bank should be able to adapt to the new technological changes in the national and international financial markets today.

However, Luiz Trabuco will still be running as the Chairman of the Board of Executive Directors until the next Board Meeting which will happen this March 12, 2018.

About Luiz Trabuco Cappi

The first prominent description you should learn about Mr. Cappi is that he was considered to be the Entrepreneur of The Year in the finance category by Isto E Dinheiro magazine. This achievement has made a lot of impact on the reputation of his name and career.

He was also part of Brazil’s 100 Most Influential Brazilians in the country, which is a list that was organized by Forbes in the United States. This is also an achievement that he gained after working for various banking projects ever since he began his career in finance at the age of 17, where he started as a clerk at the Banco Bradesco.

Since he started working for the company, he went through a lot of changes in the company and he made sure that he’d learn everything that he could to be able to operate the different sectors of the finance industry. For this aim, he was assigned to various assignments in Bradesco, including becoming the marketing director of the bank. He was also known for being the executive who was able to provide a lot of partnerships with the media and a closer relationship with the other stakeholders in the country to improve the brand of Bradesco.

Read more: Bradesco: New president to leave executive body, says Trabuco