Luiz Carlos Trabuco: Bradesco Appoints New President

Currently there is a major shift underway out of Sao Paulo, where Banco Bradesco has recently announced it’s new president. The current head of Bradesco Seguros, Octavio de Lazari Junior, will replace Luiz Carlos Trabuco on the executive position. This change will take place on March 12th, 2018 and a general meeting will be held to present Bradesco’s new President. As one of the names to follow Trabuco, Lazari Junior once had dreams of being a footballer. His father happened to be a client that used his relationship with the manager to gain his son access to the vacant postition.

Current President Luiz Trabuco mentions hard work when referring to Lazari Junior, as he is known for his dedication to the position. This process of succession began in October where Lazaro Brandao resigned from the position of chairmanship of the bank’s Board of Directors. It was then that Trabuco rose to the collegiate presidency. The bank said at that time that the new president would soon come from the current staff of the financial institution. Bradesco is clearly the victor, as Lazari hope to continue the legacy left behind by Brandao and Trabuco.

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Knowing that he would be one of seven vice presidents, Trabuco explains how the process of choosing the new president took months to happen. Lazari’s experience really helped him stand out from the other candidates, and Bradesco even points out some of these personal merits. In the late 90’s, Lazari Junior began working in the area of Credit, and from there he rose to become director. Finally in 2012 he become the Chief Executive Officer. In 2017 he became executive director vice president as well as president of the Bradesco Seguros Group.

An announcement made recently by Bradesco Seguros mentions that the bank closed the year 2017 with revenues in the amount of $76.3 billion Reals. This revenue announcement means that this was a rise of 6.8% in comparison to the year prior (2016). Achieving a market share of 26%, Bradesco reported the highest of the last few years with this number. Bankers being optimistic of the national economy in 2018 cite inflation among other things to be of the most importance moving forward. Lazari as well as Trabuco both stress how important it is to have pension reform.

The current CEO of Banco Bradesco S.A., Luiz Carlos Trabuco, has been in this position since March of 2009. He has also served as its Executive Vice President and has a storied history with this company. He has served as Managing Director, Vice President, and Departmental Director as well prior to becoming CEO. He began his professional career at Bradesco in the year of 1969 and still is going strong today.

Search more about Luiz Carlos Trabuco: http://www.meioemensagem.com.br/home/ultimas-noticias/2018/02/05/bradesco-anuncia-substituto-de-trabuco.html

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