Luiz Carlos Trabuco: Bradesco Bank

Luiz Carlos Trabuco was the president of Bradesco bank. Bradesco bank is the second largest bank equity by assets in the country of Brazil. Many individuals have recognized him is one of the world’s leading entrepreneurs. In 2009 he was ranked among the countries 100 most influential individuals.

Luiz Carlos Trabuco has recently resigned from his position as the president of Bradesco bank and in his place has announced that Octavio Lazari would be the new president. Currently, Luiz Carlos Trabuco will remain president of the board and will continue to carry out his term of Pres. until the first meeting of the board is held in the spring of 2018. The new appointment of Octavio Lazari is backed by a formal decision that has processed the succession and appointment and is endorsed by a committee of the Bradesco organization.

When asked around Octavio Lazari was not the crowd favorite when it came to the potential of the new presidents. Seven vice presidential candidates were a part of the decision process according to istoe.com.br. Bradesco bank, however, reassures individuals that Octavio Lazari has sufficient personal merit to be recognized by his colleagues and that he deserves all of the admiration and distinction that has been bestowed upon him by the appointment to the position of presidency.

Read more: Bradesco anuncia Octavio Lazari no lugar de Luiz Carlos Trabuco

Octavio Lazari is currently 54 years old and serves as the vice president of Bradesco bank. He will continue to fulfill this role until the time comes that Luiz Carlos Trabuco officially steps down from his post. Octavio Lazari graduated with a degree in economics. He first started his career in the year of 1978 working at a branch of the Bradesco bank. He became a manager for the agency, and in 1998 he started to work in the credit division for the corporation. While in this division he became a director and was responsible for responding to corporate and medium-sized retail segments. Eventually, in 2010 he was promoted to the role of the department director and was responsible for the Department of loans and finances. In 2012 again he was promoted to the board of executive officers and finally in 2017 he was promoted to the executive officer vice president and chief executive officer of the Bradesco securities group.

Luiz Carlos Trabuco originally began his career at the age of 17 at Bradesco bank. Over the course of 15 years, he went through various positions within the company and eventually became a marketing director. During his time as a marketing director for the company, he modernized and created a better relationship with the country’s media. Over time he became more and more popular, and in 2003 he was made the president of Bradesco securities. During his tenure as president, the Corporation was able to double in size and garnered 25% of the market share of the country. The insurance division of the company was able to increase its performance from 25% to 35% making it the largest sector in Latin America. With over 40 years of experience in the banking industry, Luiz Carlos Trabuco will be dearly missed.

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

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