Luiz Carlos Trabuco Cappi Details Lazaro Brandao’s Retirement And Other Changes For Bradesco

Bradesco’s has made public plans to implement lots of changes to the Board of Directors starting in March 2018. Luiz Carlos Trabuco Cappi, in an interview shared explicit details on what we should expect in the next coming days leading to the AGO meeting scheduled for March 12th 2018.

The Central Bank requires the name of the new president be shared 30 days before the AGO meeting. Luiz Carlos Trabuco Cappi is the current president and will be replaced by the new appointed president Octavio de Lazari Junior.

Luiz Carlos Trabuco Cappi has been on the Board of Directors since 2003, and was the 4th president of Bradesco. Luiz Carlos Trabuco Cappi has been a part of the Bradesco family for 40 years now, dating back to when he began as a bank clerk back in Marilia in 1969. Since then Luiz Carlos Trabuco Cappi has worked in a number of capacities, gaining immeasurable experience on all aspects of the banking industry. Luiz Carlos Trabuco Cappi has lead the banking giant on a long and impressive track of success stories through the years. Luiz Carlos Trabuco Cappi did confirm the new president will be Octavio de Lazari Junior. It was revealed by Luiz Carlos Trabuco Cappi, of the seven vice presidents considered for the prudence, Octavio de Lazari Junior was not welcomed unanimously.

Octavio de Lazari Junior has the full confidence of the board to be the best candidate for the bank. Octavio de Lazari Junior started with Bradesco back in 1978, quickly became an Agency Manager. In 2010 Octavio de Lazari Junior was promoted to Department Director of Loans and Financing. Two years later in 2012 Octavio de Lazari Junior was appointed to Board of Directors, he became the Vice Presdient and Chief Executive Officer of Bradesco Seguros in 2017. Octavio de Lazari Junior has a Graduates Degree from the Faculty of Economics and Administrative Sciences of Osasco and a specialization in Financial Strategies and Marketing from Fundacao Instituto de Administracao. Octavio de Lazari Junior will be officially appointed during the March 12th meeting of the Ordinary General Meeting (AGO).

Luiz Carlos Trabuco Cappi also discussed the recent retirement announcement of Lazaro Brandao. Lazaro Brandao has been with Bradesco for 75 years, and a council member for 27 years. The 91 year old economic strategist, Lazaro Brandao resignation was expected, just a little ahead of schedule. Bradesco recently acquired banking giant HSBC, Lazaro Brandao extended the maximum age restriction of the president from 65 years to 67 years, to allow more time for the company to minimize possible “hick ups” during this transitional periods. Lazaro Brandao 75 year career has added invaluable experience to the company and played key roles in many of Bradesco’s past success.

Carlos Alberto Rodrigues Guilherme also detailed changes in the vice presidency at Bradesco. Carlos Alberto Rodrigues Guilherme will be taking over as the Vice President of the council. Carlos Alberto Rodrigues Guilherme has been working for Bradesco since he only 13 years of age.

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