Bradesco’s Pool of Talent set to Produce the Next Chief Executive Officer, As Brandao Exits

The resignation of Lazaro de Mello Brandao as the Chief Executive Officer of Bradesco has left room for a highly anticipated decision of electing a new CEO. His exit has temporarily put Luiz Carlos Trabuco Cappi as the Bradesco’s Chief Executive Officer and Chairman. According to a regulatory filing, Mr. Luiz is expected to hold both positions until March 2018 when a new Chief Executive Officer will be announced. Although Brandao has exited Bradesco, he will still lead Bradesco’s subsidiaries.

Luiz Carlos Trabuco Cappi, Bradesco’s acting Chief Executive Officer, said Brandao’s resignation and his choice of his replacement were deliberate since he had already taken a look at his career. Mr. Brandao, 91, has an experience spanning 75 years and has been one of the only two chairmen at Bradesco and as one of the four chief executive officers. The next president of the bank will come from within the circles of Bradesco’s board members. Bradesco has a tradition of choosing executives from its pool of talent to run the group, instead of recruit one from the market. The process of choosing Brandao’s success will be a normal routine that will take in to account the talents that will execute Bradesco’s functions.

Trabuco says that the expectations for his deputy are not as defined, but one must exude leadership and own light. His rise to the helm of the company has left vacancies at Bradesco’s Board, which is comprised of eight members, Aguiar family members, and bank executives. Trabuco enjoyed the extension of his mandate as the chief executive officer thanks to the acquisition of HSBC. The bank had proposed the extension of age limit from 65 to 67 years, which pushed forward Trabuco’s exit. The announcement of a new chief executive officer is supposed to take place before the next assembly of Bradesco’s shareholders. There is much expectation to see who will take over as the CEO.

Read more on: Lázaro Brandão será substituído por Trabuco no conselho do Bradesco

Possible Candidates for Bradesco’s succession

From its pool of talent comes Alexandre da Silva, 57, who Bradesco’s chief risk officer. He has worked in the bank since 1976. Mauricio Machado de Minas, 58, is in charge of Bradesco’s IT department and is the one behind Next, Bradesco’s digital-only bank spinoff. Other possible candidates include Domingos Figueiredo Abreu in-charge of lending and the treasury of the bank, Josue Augusto Pancini responsible for the group’s high-income segment and branch network. Octavio de Lazari is a possible successor and leads Bradesco’s insurance unit. He recently joined Bradesco’s higher management team.

About Luis Carlos Trabuco Cappi

Luiz Carlos Trabuco Cappi is currently the Chief Executive Officer of Banco Bradesco. He rose to the position in 2009 and also served as the company’s Executive Vice President. He is also the Chief Executive Officer at Bradesco Seguros. Luiz Carlos Trabuco Cappi was Banco Bradesco’s departmental director between 1984 and 1992, and he rose to the position of managing director. Luiz was a member of the ArcelorMittal Brazil Management Board.

Professional Service

Luiz Carlos Trabuco Cappi’s career started his career at Bradesco in April 1969. He became Bradesco Vida de Providencia’s president until 1998. He served at Grupo Bradesco Seguro’s president from 2003. In December 2009, Luiz became the chairman and director of Odontoprev S.A. he is also the director of Bradespar S.A. He was once a Non-Executive Director and Banco Espiritu Santo between 2009 and May 2010.

Luiz Carlos Trabuco Cappi attended the University of Sao Paulo’s School of Sociology and Politics. He graduated with a post-graduate degree from Philosophy, Sciences, Languages and Arts faculty.

Luiz Carlos Trabuco CEO

There are a lot of people today who want to succeed at a high level in business. Few people have had success like Luiz Carlos Trabuco.

He is the CEO of Bradesco, which is one of the largest banks in Brazil today. The nation of Brazil is going through exciting times. Just a few years ago, Brazil had one of the best economies in the world. Today, the country has a few economic struggles to work through. Business leaders like Luiz Carlos Trabuco are going to continue to help others with their financial plans. Here are some of the most important things to remember about his life.

Early Life

Like many business leaders in Brazil, Luiz Carlos Trabuco grew up poor. However, he had a passion to help other people get to a new level in life. With this passion, he has worked hard to invest in the local community. He has helped a lot of people with their business and education financing.

Like Luiz Carlos Trabuco on Facebook

One of the things that separates Luiz Carlos Trabuco from others is his willingness to give back to the local community. Many people are excited about all of the projects he is working on to help other people in his local area. He is a big believer in the power of education for people who are just starting out in life.

First Business

When Luiz Carlos Trabuco was done with school, he decided to go into business for himself. However, he learned a lot of tough lessons about the business world during this time. He did not succeed with his first business, and he would eventually have to close the doors. However, he did learn a lot of valuable lessons about the business world as a whole.

He now uses his time as a business owner to help other people. He is passionate about small business owners, and he knows that this is one of the best ways for the economy to keep growing in Brazil. There are a lot of people in Brazil who are excited about the growth of the nation in the coming years based on small business trends.

Financing Help

One of the biggest issues that is slowing the growth of Brazil is a lack of financing. Many people want to go out and start a company. However, the banking system is not as sophisticated in Brazil as in other countries.

Not only that, but interest rates are high as well. It costs a lot of money to take out a loan over time. This is hurting economic growth in a variety of ways. Luiz Carlos Trabuco is working on ways to transform Bradesco so that it can keep growing in these economic times. Even though some companies are struggling to stay in business, Luiz Carlos Trabuco is leading a profitable company through various growth plans. If you want to join the banking industry one day, Luiz Carlos Trabuco is one of the best people who you can learn from.

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