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Luiz Carlos Trabuco Cappi, Gives Detailed Confirmation Of Changes In The Board At Bradesco

Luiz Carlos Trabuco Cappi is stepping down as president of Bradesco, as the financial and banking giant names Octavio de Lazari Junior as the new president, to made official after the March 12th 2018 AGO meeting. Luiz Carlos Trabuco Cappi shared this and other plans coming to Bradesco in the next few months.

Luiz Carlos Trabuco Cappi was appointed the company’s 4th president in 2003, and has worked for Bradesco since 1969 when he began as a bank clerk. Luiz Carlos Trabuco Cappi rose to the top of the organization over the years, in 1984 he became the Director of Marketing. Later in 1992 Luiz Carlos Trabuco Cappi became the Executive Director and President of Bradesco’s Private Pension Company, and Vice President and Chief Executive of Bradesco. Later Luiz Carlos Trabuco Cappi would become Executive Vice President of Bradesco and Chief Executive of Bradesco. Luiz Carlos Trabuco Cappi was responsible for increasing the Bradesco’s net income 10% from insurance premiums, and doubling the size of the insurance division.

Octavio de Lazari Junior appointment to the presidency was not welcomed by all members of the council despite his qualifications. Octavio de Lazari Junior has his Graduates degree in economics from Faculty of Economics and Administrative Science of Osasco, and a specialization in Financial Strategies and Marketing from Fundacao Instituto de Administracao. 1978, Octavio de Lazari Junior began working as an Agency Manager, later promoted to the Director of Credit for small and medium size enterprises. Octavio de Lazari Junior, in 2010 got a promotion to Department Director of Loans and Financing. Appointed as a Board of Directors Officer in 2012, and in 2017 Octavio de Lazari Junior became Executive Officer Vice President and Chief Executive Officer of Bradesco’s insurance division Bradesco Seguros Group.

Read more: O Brasil é o melhor ativo que o mundo tem para investir, diz Trabuco

Bradesco will also be saying goodbye to Lazaro Brandao, the 91 year economist announced his resignation this year. Lazaro Brandao has been an important part of the Bradesco family for over 75 years, and serving on the council for 27 years. The insight and experience Lazaro Brandao brings has helped to forge the path for Bradesco to continue to grow and help bring opportunities to the people. Luiz Carlos Trabuco revealed the announcement of Lazaro Brandao was a shock, not because it was not expected, just a little earlier than Bradesco would have liked. Lazaro Brandao, made the decision to extend the hard age limit of 65 years to 67 years, in light of Bradesco’s recent acquisition of HSBC.

Carlos Alberto Rodrigues Guilherme, has been named to be the new Vice President of the council, confirmed by Luiz Carlos Trabuco Cappi. Carlos Alberto Rodrigues Guilherme began working at Bradesco when he 13 years.

Lazaro Brandao, shared his outlook on the current state of the economic situation in Brazil. Lazaro Brandao suggests much of the problem are rooted in the lack of political unity, there a serious need for true labor reform. Lazaro Brandao admits labor reform will be very challenging, but it is necessary to sustain growth in a stable economy.

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