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