Bradesco one the largest financial services companies in Brazil, has been undergoing many changing in the last few years, and this has caused a little worry among the people in the financial industry. Lazaro Brandao will be retiring from the council’s Board of Directors after 27 years.
Luiz Carlos Trabuco Cappi will be stepping down as President of Board of Directors and leaving a vacancy in the both the vice president position and the president positions. Carlos Alberto Rodrigues Guilherme has been named the new vice president of the council. Octavio de Lazari Junior will assume the presidency, which will be made official at the AGO meeting schedule for March 2018. Bradesco’s recent acquisition of HSBC has created more speculation as to what the future plans will look like.
The incumbent president, Luiz Carlos Trabuco Cappi has been with Bradesco since 1969. Luiz Carlos Trabuco Cappi started out with the company as a bank teller in Marilia, which is also the same city Bradesco was founded in 1943. Luiz Carlos Trabuco Cappi went to Sao Paulo and worked his way to being the Director of Marketing. Prior to Luiz Carlos Trabuco Cappi leading the marketing at Bradesco, the company was not as open to the media, nor open about sharing insight as to the daily business details. Luiz Carlos Trabuco Cappi changed this culture, and switched to creating a more transparent relationship with the media. Luiz Carlos Trabuco Cappi would be the Executive Director and President of the pension division at Bradesco, a title he held from 1992 to 1998. In 1999, Luiz Carlos Trabuco Cappi was named the Vice President, in 2003 he was appointed President, and until 2005, he was also the Chief Executive or Bradesco.
Luiz Carlos Trabuco Cappi confirmed the appointment of Octavio de Lazari Junior as the next president of Bradesco. Octavio de Lazari Junior earned his Graduate degree in Economics from Faculty of Economics and Administrative Sciences of Osasco. Octavio de Lazari Junior began working with Bradesco in 1978, when he eventually was promoted to Agency Manager. Octavio de Lazari Junior eventually moved to the credit sectors of the company, where he focused on small and medium sized companies. Octavio de Lazari Junior also focused more resources on retail segments. In 2010 Octavio de Lazari Junior would take the role of Department Director of Loans and Financing, and in 2012 he’d be appointed to the Board of Director Officers. By 2017, Octavio de Lazari Junior would become Executive Vice President and Chief Executive Officer of Bradesco Seguros Group. Mr. Octavio de Lazari Junior will officially be announced as president during the Ordinary General Assembly (AGO), scheduled for March 12 2018. Despite this impressive academic and professional track, surprisingly there was some pushback from some of the board members about appointment of Octavio de Lazari Junior as the next president. Carlos Alberto Rodrigues Guilherme was confirmed by Luiz Carlos Trabuco Cappi as the next vice president, since he would be stepping down from the vice president position also.
Learn more about Luiz Carlos Trabuco Cappi: http://www.valor.com.br/financas/5153264/bradesco-novo-presidente-saira-do-corpo-executivo-afirma-trabuco