Luiz Carlos Trabuco Declares A New President For Banco Bradesco

Without a doubt, the banking industry is the epicenter of most business sectors. Just like the heart supplies blood to the body, banking services facilitate money circulation in the business sector. With that said, change, whether positive or negative will impact on different businesses. Therefore, there is a need for quick response with the purpose of continuing productivity. For Banco Bradesco, Brazil’s economy is one of its primary responsibilities. Even after going through magnanimous challenges with Brandao’s resignation, the bank still maintains a robust operating platform coupled with tremendous success.

Background Data

When Brandao resigned, he appointed Luiz Carlos Trabuco as the lead executive and predecessor. He also apparently pointed out to the fact that the banking institution must maintain internal recruitment. As such, Luiz Carlos Trabuco has been serving as the chairman, president, and chief executive officer of the organization until recently when the board of directors decided to hold the annual general meeting. In the meeting, leadership roles and responsibilities were discussed followed by the introduction of the new president of Bradesco; Octavio de Lazari.

Who is Octavio de Lazari?

Lazari is 54, and he became a member of Bradesco in 1978. As he replaces Luiz Carlos Trabuco who will maintain the chairmanship of the firm, there are questions regarding his leadership capabilities especially with the fact that Bradesco is a huge shareholder of Brazil’s economy. Even so, from the look of how the interview was conducted, it is factual that Lazari is the perfect candidate for the job. Besides, he joined the firm at a tender age when all his peers were enjoying their youth. At that moment, he worked as an office boy, always running errands for his seniors.

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Luiz Carlos

As Lazari takes over the realms of leadership at Bradesco, Luiz Carlos Trabuco will continue to guide the bank. He shall still be consulted on critical issues. Carlos joined Bradesco when he was a teenager. He first worked as a clerk then later gained broad managerial skills that supported his promotion in multiple departments including credit and equity. Later in the years, he was elected to serve as the chief executive officer and then the chairman of the board.

Overview

Luiz Carlos grew up in Brazil. He was a somewhat focused child who dedicated most of his playing time to education. After school, he joined Bradesco and has since been a significant contributor to the banking industry. Between 1992 and 1998, he worked as the executive director of the firm. In his tenure, he retained an excellent track record and broke the record deal of $5.2 billion when he facilitated the acquisition of HSBC. Of course, this was under the guidance of Lazaro de Mello.

Conclusively

Over and above that, Luiz Carlos Trabuco has exuded excellent leadership skills. Alongside the determination to excel in business, he pushed Bradesco to the top of the list of Brazil’s major economic contributors. Also a team player, he is dedicated to involving employees in the development of the organization.

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