There are situations that make the eyes of the public wider open and their ears longer expectantly to see or hear the next move a certain person or company is likely to take. Some of those situations include the resignation of a top executive who had a say in the company, after a huge success of the company, after a new person takes the leadership of a company that is a market leader after the company is faced with some storms and many other situations. It seems that the eyes of many Brazilian investors are on the newly appointed Chief Executive Officer of Bradesco Bank, Mr. Octavio de Lazari Junior who will replace Mr. Luiz Carlos Trabuco.
Bradesco Bank is one of the leading and consequently largest banks in Brazil which was founded in 1943 in Marilia, Brazil but currently has its headquarters at Osasco in Sao Paulo in Brazil. Under the efforts of Luiz Carlos Trabuco and other key executives of the bank, it has grown to have over 5,300 branches and more than 4,800 service branches all over the world. In addition, the bank has grown to have various correspondents in supermarkets, stores, retail chains, malls and shops which are called Bradesco Expresso which is over 38,400 in number.
Heading the 3rd largest Bank by assets in Brazil, Luiz Carlos Trabuco was tasked with overseeing and ensuring the banks’ products and services are constantly flowing. The bank is thorough in offering products and services like banking, equities, asset management, credit card, bonds, insurance, investment, and financing to their esteemed customers. He was also tasked with heading the largest crowd of employees and staffs in the bank which is staggering at 108, 793 in total. The bank also happens to be the first in offering ATM services.
Following the happenings in the Bank, the position of Mr. Luiz Carlos Trabuco has been taken by Mr. Lazari. However, the former CEO, Chairman and President of Bradesco was still to remain active in the Presidency until a meeting was held which was scheduled to be in March. Mr. Lazari commenced his career journey as the Agency Manager in the Bank back in 1978. He was later moved to the Credit Department and became the Director and in 2010, he became the Department Director. Two years later he was appointed to the Executive Board of Bradesco and 5 years later the CEO, and Vice President of Bradesco Seguros Group and one year later the CEO of Bradesco Bank.
Mr. Luiz Carlos Trabuco achievements in Bradesco will forever follow him and his legacy is probably bigger than the person himself. He has served in various capacities and positions including being the Managing Director at Fundacao Bradesco, Vice President of Nova Cidade de Deus Participacoes, Chairman at Odontoprev, CEO at Anapp, Fenasaude, Grupo Segurador and many others. He is a graduate of philosophy and a master degree holder in Sociology and Politics. He is a member of many organizations and consequently their partner. Every eye is waiting to see where the new CEO will take the Bank and the sendoff of the former CEO.
Find more about Luiz Carlos Trabuco: http://www1.folha.uol.com.br/mercado/2017/10/1926243-proximo-presidente-do-bradesco-saira-da-diretoria-do-banco-diz-trabuco.shtml