During the past few months, Bradesco has witnessed more changes than what it usually does. The company had to undergo a number of new elections within the company to find people for important positions within the company. All the changes to the company began when the previous chairman of the company decided to put in his resignation. Because of this, Bradesco was put into a situation wherein they had to instate a new chairperson at the earliest.
As soon as the announcement that the chairman of Bradesco was about to retire, people all over who were interested in the banking and financial industry started calling on their predictions of who could potentially take on the position of chairman within the company. Since Bradesco is the most significant private bank in the country, this was an important decision, not just for the company, but for the Brazilian banking sector as a whole.
The board of directors at the company were the ones in charge of selecting a new person to take on the position of President at the company. They had much consideration to do, considering that the person they would choose had to be from within Bradesco’s ranks itself. After much deliberation, the board came to the conclusion that Luiz Carlos Trabuco should take on the position of chairman of the company.
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Before this decision, Luiz Carlos Trabuco Cappi served as the President of Bradesco. He had taken up the position in 2009 and since then was known to have an incredible impact on the overall workings of the company. The work that Trabuco was doing greatly benefitted Bradesco, and improved the range of services that the company provided. Because of the work that he was doing, Trabuco started gaining a reputation for being someone who cared for the company and wanted to improve the services that it provides to its customers. He also came to be known as one of the most important people in the banking sector and worked hard to improve the position that Bradesco was in.
Since Trabuco’s impact on the company had been so prominent, the company’s board knew that he would be able to perform the new position of chairman with absolute ease. Because of this, he was officially asked to take on the place of chairman and made an announcement about it in January according to infomoney.com.br.
While Trabuco was being offered the position of chairman of Bradesco, the previous post that he held, which was of the President of the company would be vacant. Bradesco usually does not allow its employees to hold two positions within the company at the same time, but made an exception for Trabuco until a new President was found. After spending a considerable amount of time analyzing the candidates for this position, Bradesco came to the conclusion that it would make Octavio de Lazari the new president to Bradesco.
Octavio officially took on the position that Trabuco held in March and started performing his work immediately. Having a good amount of experience working in important positions, Bradesco is confident that he will be able to succeed Trabuco and the work that he has done for the company.
Search more about Luiz Carlos Trabuco Cappi: http://economia.estadao.com.br/blogs/coluna-do-broad/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/