Bradesco is one of Brazil’s leading banking institutions. In the past one year, the institution has been going through potent changes that have referred some worry among the employees that work in the industry of finance and management. Lazaro Brandao stepped down from the council’s board of directors. This was a massive transformation as he is the longest-serving employee in an executive position as well. Now after twenty years of service, there are questions about who really can walk in his shoes. But before those questions were answered to the breadth, Lazaro left behind his predecessor; Luiz Carlos Trabuco.
Luiz Carlos Trabuco has been serving the bank as the president since the resignation of Brandao. Continuously presenting new business and leadership ideas, he managed to walk the bank into excellent competitive positions that have continued to rank Bradesco among the most competitive service providers in the industry. Recently, the board of directors held a meeting to discuss his replacement as his role was a temporary one. According to the initial agreement to uphold internal recruitment, by all means, it is clear that Luiz Carlos Trabuco was supportive of the new appointment. This is because the policies of the banking institution also do not encourage one person to hold more than one leadership position.
Octavio de Lazari is introduced
The new president of Banco Bradesco is Octavio de Lazari. He has been serving the institution for about twenty years. Currently, he will still retain the vice presidency while working as the president. According to the board of directors, his ethics and resilience contributed to this appointment. Other than that, Octavio de Lazari has been instrumental in shaping the operations of Bradesco.
The Reigns of Replacement
Luiz Carlos Trabuco is expected to retain his position as the chairman of the board and company at large. His stepping down as the president is only allowing the banking institution to proceed with its operations as usual. Furthermore, Carlos has been a shaker in this industry.
More on Leadership
The outgoing president Luiz Carlos Trabuco joined the company in 1969 where he was employed as a bank teller then later a clerk in Bradesco’s Marilia. Having attended the Sao Paulo University for a course in philosophy, Luiz Carlos Trabuco was better placed to lead the banking firm in many ways including overseeing the finance department. At the same time, he was extraordinarily dedicated to giving his best in all capacities. Consequently, he earned several appraisals that in turn, drew his elevations. Luiz Carlos Trabuco first became the managing director of the marketing department before the firm delved into the media presentation. Perhaps that is why his legacy continues to reign in the firm. He initiated Bradesco’s media presence by creating a transparent relationship with media personalities.
The Overview of Leadership in Bradesco
Without a doubt, it can be concluded that Luiz Carlos Trabuco has been hard working. That is why he commits time and expertise to growing Bradesco’s share into the Brazilian banking industry. From working as a clerk, he earned multiple promotions that have seen him become a president and now the chairman of the firm.