The Changes At The Leadership Of Banco Bradesco Including The New Chairman Luiz Carlos Trabuco

Banco Bradesco has garnered the reputation of people’s bank over the decades with the excellent customer-centric solutions and world-class customer experience. The banking firm instantly grabs every opportunity to make the customers’ banking experience better and adopted technology and digital banking which created a revolution in the Brazilian banking industry. Currently, the bank is going through a transition in its leadership level. The CEO of the banking firm, Luiz Carlos Trabuco, recently, in October 2017, elected as the Chairman of the bank. He was elected as the previous Chairman, Lazaro de Mello Brandao, was stepping down from the role after serving 25 years as the Chairman.

However, Trabuco will hold both the positions until March 2018, the deadline that set to choose the next CEO of the firm. It also has created intense discussion about the people who are possibly fit into the role. The bank traditionally finds suitable candidates for its leadership roles from within the organization. Due to this, the discussions are centered around the vice presidents of the firm. According to g1.globo.com Bradesco has seven vice presidents who are taking various responsibilities inside the organization. It is generally perceived that any one of them may occupy the top spot of the bank in March 2018.

While coming to the selection, Trabuco Bradesco said that it would be a normal and routine process by evaluating the talents that exercise various functions of the bank. While there is no pre-defined profile for the role, he expects “own light” and “leadership” are the minimum requirements. A Sao Paulo-based newspaper named O Estado de, however, says that Mauricio Minas has higher chances to fit the role. As the VP of the firm with the responsibility of technology, he made a technology revolution in the products and operations of the banking firm. Minas took the initiative of digital banking of the company and actively involved in the integration of HSBC services into the company.

Read more: Bancos podem emprestar mais, diz Trabuco

The other vice presidents’ names are also surfacing in the list, but two names are getting more prominence compared to other VPs. They are Alexandre da Silva Glüher and Josué Augusto Pancini due to some added eligibility. In the case of Glüher, he was the most important player in the acquisition and integration of HSBC services of Brazil – the biggest acquisition in the history of the bank. While coming to Pancini, he is the serving as the vice president of the bank for a very long time and taking the responsibilities of entire service network of the firm as well as Prime services.

Luiz Carlos Trabuco has an impressive five decades of expertise in the banking industry – working with Banco Bradesco. He started his career as a clerk in the year 1969 at his age of 22. Since then, he was focused on the goals of the bank and moved verticals quickly with his innovative thoughts and hard work. In the year 2009, he was chosen to lead the firm as the CEO of it. The later years saw technology adoption as Trabuco was a strong proponent of digital banking capabilities and committed to bringing the highest-quality solutions to the customers.

Before assuming the role of CEO, Trabuco also held other leadership roles such as Department Director, vice president, Managing Director, Executive Vice President, and more. He was elected to the director boards of some other companies as well, including ArcelorMittal Brasil – a leading steelmaker with the presence in major world markets. He is also serving as a Director and President of Odontoprev SA. Trabuco completed his post-graduation from the renowned School of Sociology and Politics under the University of Sao Paulo. He also earned his graduation in sociology from the university.

Learn more about Luiz Carlos Trabuco: https://www.brasil247.com/pt/247/economia/321809/Trabuco-assumirá-presidência-do-conselho-do-Bradesco.htm

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