Luiz Carlos Trabuco Cappi: The Chairman Leading Bradesco To A Better Position In The Banking Industry

Luiz Carlos Trabuco Cappi stands as one of the most notable names within the banking industry in Brazil, mainly because of the role that he played at Bradesco, one of the leading private banks in the country. He has been instrumental in bringing wide-scale development to Bradesco through the numerous ventures that it has taken on and through the various improvements that have been implemented in the company.

As of 2017, Luiz Carlos Trabuco Cappi was made the Chairman of Bradesco, which was a role previously held for twenty-four years by one leader within the company.

Luiz Carlos Trabuco Cappi’s career with Bradesco started when he was a teenager on a job hunt as clerk. He was offered one of the most basic positions within a Bradesco bank that was near his place of residence. He decided that he would work hard to one day make it to a notable position in life, and a place where he could say that he has succeeded. Working his way to the top, however, was not easy as he thought it would be. Through the course of his career, Luiz Carlos Trabuco Cappi had to encounter a number of hurdles along the way according to glamurama.uol.com.br. However, these hurdles only made him stronger, causing him to grow more with the company.

Read more on Next Bradesco president to leave the bank’s board of directors, Says Trabuco

One of the first executive positions that Trabuco held within the company was when he was offered the role of CEO of Bradesco Seguros. Seeing the success that he brought to the company from this position, the next line of action was to make him the President of the company. This was a position from which Luiz Carlos Trabuco Cappi had the most impact on the inner workings of the company. In this position, he transformed Bradesco and took it from being one of the second largest private banks to the largest bank in Brazil. This was something that a lot of leaders at the company had been working towards in the past, but only Trabuco was able to achieve it. Because of this success, he becomes one of the most important people, not just within Bradesco, but within the banking industry as a whole.

The reason Bradesco has grown so much under Luiz Carlos Trabuco Cappi’s leadership is that of the understanding that he has when it comes to the company. Having worked in so many different positions within Bradesco, he understood precisely the places that needed improving and the routes that one could take to help the company succeed.

Learn more about Luiz Carlos Tarbuco Cappi: http://www.valor.com.br/financas/5306443/bradesco-anuncia-octavio-lazari-no-lugar-de-luiz-carlos-trabuco

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.

For more information bout Luiz Carlos Trabuco Cappi, just click here.

The Guidance Provided By Luiz Carlos Trabuco Will Be Pivotal In Helping The New Bradesco President Navigate he Complicate Brazilian Economy

The relationship between banks and the economy can best be described as symbiotic. Under normal conditions, where one is doing well, the other automatically also does well. Equally, when the economy is experiencing some troubles, banks will also experience some troubles. This has been the case in Brazil for the last few years. The largest economy in Latin America experienced a crippling recession in 2015 and has since been struggling to recover.

One bank that has done well to remain strong during this period id Bradesco. Under the guidance of board chairman, Lazaro Brandao, and president, Luiz Carlos Trabuco, the bank has largely remained stable by relying on innovation and prudent management. However, a recent shakeup in the bank’s leadership hierarchy could see the bank perform even better.

After more than seven decades at Bradesco, former board chairman, Lazaro Brandao on 11th October announced his resignation from the position. His leaving the company was not entirely unexpected given the fact that he currently at the ripe age of 91. The current president was befittingly selected to take over as the next chairman.

Read more on bradescori.com.br

In fact, it had long been speculated that Luiz Carlos Trabuco was being groomed to occupy this position, especially given the fact that he was assigned the position of vice chairman of the board three years ago. When announcing his departure from the bank, Brandao spoke highly of Trabuco and expressed the utmost confidence in Trabuco seamlessly being able to assume his role.

As a consequence of Trabuco becoming the next president, the bank now has to select a new president. However, the decision is not expected to be made until March 2018 when the bank holds a shareholder’s meeting. Until then, Luiz Carlos Trabuco will be both president and chairman at the second largest lender in Brazil. This, however, has not stopped many in the industry from speculating who will be selected to be the new president. In line with the bank’s long-held culture, the next president will be selected from among the current crop of senior leadership at Bradesco. In particular, the current vice presidents are speculated to have the highest chance of being named to the position.

The new Bradesco president is expected to operate in an economic climate that is considerably different to that Luiz Carlos Trabuco found when he was named the president in 2009. After a few rocky years, the Brazilian economy is this year starting to experience a resurgent rebound. This is in stark contrast to 2009 when a global financial crisis greatly limited the flexibility of the Brazilian financial sector.

Consequently, Luiz Carlos Trabuco primarily had to rely on organic growth techniques to expand the bank. For the new president, however, there will likely be a number of viable acquisition opportunities in the industry.

Despite the difficult economic climate he has faced throughout his tenure, Luiz Carlos Trabuco has greatly risen above them and significantly grown the brand. Arguably, the greatest testament to Trabuco’s effectiveness as a banking executive is the 2015 HSBC acquisition deal.

The financial industry was that year shocked at the news that British financial conglomerate, HSBC was putting up its Brazilian operation for sale. At that point. HSBC was the fourth largest non-public bank in the country. Under the guidance of Luiz Carlos Trabuco, Bradesco moved quickly to acquire the mid-tier bank. The deal was ultimately valued at $5.2 billion, making it the largest for the year in a receding economy. The shrewdness with which Trabuco went about to negotiate and complete the acquisition got him named the entrepreneur of the year for the finance category by Money magazine.

Find more about Luiz Carlos Trabuco: http://insiders.morningstar.com/trading/executive-profile.action?PersonId=PS00003Y11&flag=Executive&t=XNYS:BBD&region=usa&culture=en-US&cur=

Bradesco’s President Luiz Carlos Trabuco Identifies With The Culture Of Brazil

The Brazilian banking industry is a money making industry in good times and in bad. Even a four-year recession didn’t hurt Brazil’s banks that much. For example, the largest bank in Brazil, Banco do Brazil is a government-owned business so the executives that work in that bank are not under pressure to make money. But banks like Banco Bradesco and Banco Itaú are profit centers, and they do a great job when it comes to making money. Banco Itaú and Banco Bradesco make billions of dollars in profit every year. And most of that profit comes from the bonds they buy and the insurance they carry. Consumer loans are a small percentage of bank profits.

Bradesco is the third largest bank in Brazil and the second largest private bank right behind Banco Itaú. Bradesco is a consumer favorite for a variety of reasons. The bank has been around since 1943, and the bank employs 100,000 people. There are 5,000 service branches around the country, and Brazilians have access to thousands of Bradesco ATMs. But it’s not just the convenience of banking with Bradesco that makes the bank so popular. The bank’s CEO, Luiz Carlos Trabuco, is a lightning rod when it comes to identifying with Brazilian consumers. Fifty-six-year-old Trabuco knows what it takes to please the people.

Trabuco is not one of those stuffy bankers. He’s not the kind of bank executive that sits behind a desk and looks at numbers all day long. Trabuco is a personable as well as a relatable bank executive who has his customer’s interests in mind. The social programs and the education programs that Bradesco has in place are people pleasers. And Trabuco does all he can to expand those programs, so more people benefit from Bradesco’s success. The Brazilian Green House Emissions Program, Carbon Disclosure Program and the educational program help the people of Brazil deal with social and environmental issues. Plus, the educational program helps students learn how to function when they leave school. Luiz Carlos Trabuco also believes in the Companies for Climate Change, and the Global Compact program. Those programs help the bank connect with other countries that want to reduce the harmful gases that are changing the way Brazilians live every day.

In 2003, Luiz became a Bradesco vice president. His job was to manage Bradesco Seguros, the bank’s profitable insurance division. Under Trabuco’s guidance, In 2009, Bradesco Seguros profits went from 25 percent to 35 percent of the bank’s total profits. Trabuco’s performance was not the result of a banker’s keen eye for accounting or even finance. Luiz was successful because he was able to connect with customers, thanks to his years of working for Bradesco as well as his degree in philosophy from the University of São Paulo. Trabuco is a down-to-earth bank executive. He grew up in Marília in the state of São Paulo. His humble roots still show in his enormous smile and sense of confidence.

The list of Trabuco achievements is a long one, according to the other bank executives. Trabuco is a team player who understands the importance of good business practices. And those good business practices are paying off. The bank’s income for the first semester of 2017 was more than R$9.35 billion. And a 16.8 percent increase in total bank assets gave the bank’s board something to smile about. Plus, the smiles grew bigger when shareholder equity grew by 10.8 percent. Trabuco doesn’t take all the credit for the Bradesco’s success. He knows his hand-picked team plays a major role in Bradesco’s quest to be the largest private bank in the country. So he lets his team do what they do best, and he continues to shine a bright light on their accomplishments.

Find more about Luiz Carlos Trabuco: http://www.istoedinheiro.com.br/noticias/negocios/20151218/luiz-carlos-trabuco-cappi-empreendedor-ano-nas-financas-2015/327856