Luiz Carlos Trabuco Cappi

Change happens everywhere, and in most cases, change is for the best. The Bradesco Bank is hoping that the changes that they are getting ready to make are not detrimental to their company but life-giving. The Bradesco Bank is the second largest bank in Brazil. It has been around for years serving the citizens of Brazil. The time has come for the company to select someone to be the new president of the bank.

The current President of the Bradesco Bank is Luiz Carlos Trabuco Cappi. Cappi is one of the few who has had the opportunity to serve as the president of the bank since the death of the founder in 1991. He started as a clerk when he graduated in the University of Sao Paolo. He became president of Banco Seguros. Luiz Carlos Trabuco Cappi achieved different executive position in the bank. The bank has undergone any changes but as long as they select someone who is a good leader and can take the back from number two to number they are in good hands.

The Succession and Appointment Committee who were responsible for selecting Cappi in 2009 is responsible for choosing the new president who will take over on March 12, 2018. They have to choose one of the seven Executive Vice Presidents according to insiders.morningstar.com . They were having a hard time choosing. They were originally interested in Mauricio Minas who is over the technology area in the company. They ended up changing their minds and selecting Octavio de Lazari Junior to be the new president of the Bradesco Bank. As they prepare to embrace another president, the Succession and Appointment Committee is confident that they have made the right choice considering Lazari’s resume. Octavio de Lazari Junior works as the Executive Vice President and the Chief Executive Officer of the Bradesco Group. He will continue to work as the Chief Executive Officer of the Bradesco Group when the time comes for him to set up as the president on March 12, 2018.

Read more: Bradesco to choose board member as new president, says Trabuco

Octavio de Lazari Junior shocked a lot of people when he was selected to be the new president, but he has worked at the bank since 1978. Lazari is 54 years old and has been an employee at the Bradesco for 40 years. When he started working at the bank in 1978, he was the Agency Manager. While working at the bank, he has developed a unique knowledge for credit after he gained the position working as the department director for the Department of Loans and Finance. In 2012 Lazari became a member of the Board of Executives. In 2017 Lazari became the Executive Vice President and the Chief Executive Officer of the Bradesco Group. He holds credit positions of influence outside of the bank including Chairman at the Brazilian Association of Real Estate Credit and Savings. Lazari doesn’t just work outside of the bank he works as a leader outside of the bank. For example, Lazari is the Vice President of Febraban’s Credit Committee. Along with all that he has accomplished Bradesco bank he has the education to back him up. He furthers his knowledge every day by working had where he is working at.

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