Bradesco, one of Brazil’s largest banking and financing companies has announced the appointment of a new president, a new vice president and the retirement of Lazaro Brandao. Bradesco was established in 1943, and has been part the economic fabric of Brazil for so long, there is understand anticipation and a little concern, explained Luiz Carlos Trabuco Cappi. Luiz Carlos Trabuco Cappi went on to detail the plans for Bradesco’s administration moving forward.
Luiz Carlos Trabuco Cappi has confirmed he has reached the end of his presidency and Octavio de Lazari Junior will take over as president. Luiz Carlos Trabuco Cappi began his career in banking in 1969 in his home town of Marilia. From Marilia, Luiz Carlos Trabuco Cappi moved to Sao Paulo and was named the Director of Marketing in 1984. Luiz Carlos Trabuco Cappi was the Executive Director and President of the pension division from 1992 to 1998. The next year in 1999 Luiz Carlos Trabuco Cappi would become Executive Vice President and Chief Executive of Bradesco, and in 2003 Luiz Carlos Trabuco Cappi would become the president Bradesco making him the 4th President in the history of the company.
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Luiz Carlos Trabuco Cappi went on the reveal the announcement of Octavio de Lazari Junior assuming the presidency, was surprisingly meet with some opposition. Octavio de Lazari Junior has an impressive accomplished career and background. Octavio de Lazari Junior, currently is the Vice President and Chief Executive Officer of Bradesco Seguros (Insurance) Group. It was in 1978 when Octavio de Lazari Junior joined the Bradesco Company as an Agency Manager. Eventually in 1998, Octavio de Lazari Junior became the Director of Credit, and switched focus to small and medium size companies. Octavio de Lazari Junior was promoted in 2010 to Department Director of Loans and Financing, and was appointed in 2012 to the Board of Directors Officers. Octavio de Lazari Junior is also the Chairman of the Board of Directors of the Brazil Association of Real Estate Credit and Savings. Luiz Carlos Trabuco Cappi shared the banks confidence in Octavio de Lazari Junior, and would make the official announcement during AGO (Ordinary General Assembly).
Luiz Carlos Trabuco Cappi also spoke about the retirement of Lazaro Brandao. Lazaro Brandao has been on the council for 27 years and a fixture with Bradesco for 75 years. Lazaro Brandao wisdom in the banking and financing arena is unparalleled, and his absence will be hard to replace. Luiz Carlos Trabuco Cappi also revealed the recent acquisition of HSBC, was the major factor behind Lazaro Brandao’s decision to make 67 the maximum age for the president. The extra two years afforded the bank time to handle things in the best possible way. Luiz Carlos Trabuco Cappi further detailed the appointment of Carlos Alberto Rodrigues Guilherme as the new Vice President of the council, now that Luiz Carlos Trabuco Cappi will be removed from the board. Carlos Alberto Rodrigues Guilherme began his career with Bradesco when he was 13. Luiz Carlos Trabuco finished with the importance of the transition taking its due course and following tradition of doing things the way they are intended to be done.