Octavio de Lazari Junior Named 5th President Of Bradesco

Octavio de Lazari Junior will become Bradesco’s 5th president since it was founded in 1943, by Amador Aguiar the company’s founder and first president. Luiz Carlos Trabuco confirmed the decision to go forward despite some push back from other board members. Octavio de Lazari Junior’s experience really cannot be denied in him being qualified to lead the financial services giant.

Octavio de Lazari Junior is alos the Chairman of the Board of Directors Association of Real Estate Credit nd Savings (Abecip). Attending the Faculty of Economics and Administrative Sciences of Osasco, where Octavio de Lazari Junior earned a Graduates degree in economics. Mr. Octavio de Lazari Junior also has a specialization in Financial Strategies and Marketing Fundacao Instituto de Administracao. Octavio de Lazari Junior, is currently one of the seven Executive Vice Presidents of Bradesco. Started in 1978, Octavio de Lazari Junior would rise to be an Agency Manager. Octavio de Lazari Junior also held the title of Director of Credit in 1998. As the credit director, Octavio de Lazari Junior wisely focused credit solutions for smaller to midsized companies. Octavio de Lazari Junior in 2010 became Department Director of Loans and Financing, before he was appointed to sit on the Board of Directors Officer in 2012.

Read more: Bradesco anuncia novo presidente: Octavio de Lazari Junior vai substituir Luiz Carlos Trabuco Cappi

Luiz Carlos Trabuco the current president of Bradesco, has worked in many areas within the company given him a unique prospective on being an effective leader of a large company. Luiz Carlos Trabuco began as bank teller back in 1969, in Marilia, the founding city of Bradesco. Luiz Carlos Trabuco would only hold that position for two years before moving Sao Paulo, where in 1984 he would be the Director of Marketing. Luiz Carlos Trabuco lead the marketing department in culture change at Bradesco. Luiz Carlos Trabuco began a more transparent approach when dealing with the media, in an effort to improve public relations. Luiz Carlos Trabuco was the leader of Bradesco’s pension company from 1992 to 1998. As president of Bradesco Seguros from 2003 to 2009, Luiz Carlos Trabuco doubled the company size and increased profits by 10%. In 2009, Luiz Carlos Trabuco became the president of Bradesco. As president, Luiz Carlos Trabuco with the support of Lazaro Brandao, the current Chairman of the Board approval closed a $5.2 billion deal to acquire HSBC in 2015. The $5.2 billion deal was the biggest of the year in the country, and Luiz Carlos Trabuco was named Entrepreneur of the year by Money magazine.

Luiz Carlos Trabuco is very optimistic regarding the future in the country for the credit market, because despite the political issues, politics and economics are not correlated, according to Mr. Trabuco on istoedinheiro.com.br.

Learn more about Luiz Carlos Trabuco: http://economia.estadao.com.br/noticias/geral,bradesco-anuncia-substituto-de-luiz-trabuco-na-presidencia-do-banco,70002178384

Stakeholders Relying On Information Provided By Insiders Regarding Luiz Carlos Trabuco’s Succession Contest

Before Banco Bradesco SA makes public the name of its new CEO, stakeholders are relying on insiders for information regarding the succession process. Insiders, who sought anonymity, confided to Bloomberg that seven professionals, all currently part of Bradesco, are the front-runners in the succession contest. They include Mauricio Machado de Minas, Alexandre da Silva Gluher, Domingos Figueiredo Abreu, Josué Augusto Pancini, Marcelo de Araujo Noronha, Octavio de Lazari, and André Rodrigues Cano.

Current Leadership at Bradesco

Luiz Carlos Trabuco is the serving chairman of the board of directors and the president of Bradesco. Trabuco was appointed president in 2009 to succeed the then president Marcio Cypriano. Trabuco served as president with Lazaro de Mello Brandao as the chairman of Bradesco until October 11, 2017, when Brandao stepped down. Bradesco appointed Trabuco to the position previously held by Brandao. While it is normal in Bradesco for an executive to serve both as chairman and president, Trabuco’s tenure as president will end in March.

The professionals fronted by the appointing authority are in charge of various departments, subsidiaries, or other crucial roles at the bank according to folha.uol.com.br .

• Minas, 58, is in charge of the bank’s IT department. He joined Bradesco in 2009, and he is credited with Bradesco’s market leadership in matters technology.
• Gluher, 57, is the bank’s chief risk officer. He is one of Bradesco’s longest-serving employees having joined the Osasco-based Bradesco in 1976.
• Pancini is Bradesco’s go-to professional on matters branch network and high-income clients. Pancini, 57, joined Bradesco in 1975.
• Noronha, 52, became part of Bradesco in 2003. He is in charge of Bradesco BBI and the bank’s card operation.
• Lazari, 54, is the president of Bradesco Seguros. Bradesco appointed him to be in charge of its insurance subsidiary in May 2016. He has been part of Bradesco since 1978.
• Cano, 59, is in charge of Bradesco’s human resources department. He joined Bradesco in 1977 and was promoted to his current position in the last quarter of 2016.

Read more: PDV exceeded expectations, says Bradesco president

Lazaro de Mello Brandao

The immediate former chairman was perhaps the longest serving employee of Bradesco. He joined the bank in 1943 and has been loyal to his employer for over 74 years. Brandao’s employer, Bradesco, has returned the favor. Brandao holds Bradesco’s No.1 employee badge according to folha.uol.com.br. In addition, the bank rewarded Brandao with numerous promotion opportunities enabling him to rise from the initial position, clerk, the bank offered him in 1943. At one point in his career (1991 to 1999), Brandao was both the chairman and CEO of Bradesco. Brandao was the president of Bradesco for 18 years and chairman for 25 years. Brandao, 91, resigned in the interest of Bradesco’s continuity.

Luiz Carlos Trabuco

Just like Brandao, Bradesco has rewarded Trabuco with excellent promotion opportunities. Trabuco started out his career at Bradesco as a clerk in 1969. At the time, Amado Aguiar, the founder of Bradesco, was the chairman and president of Bradesco. Trabuco never envisioned that a time would come for him to be at the helm of Bradesco. Nevertheless, the young clerk gave his best.

After some years at the bank, Bradesco promoted Trabuco to the position of marketing director. He was in charge of the bank’s marketing department for eight years. While the director of marketing, Trabuco modernized the bank’s communication systems and created a cordial relationship with the members of the media fraternity.

Trabuco held other significant posts at Bradesco before being appointed the president of Bradesco Seguros in 2003. He held the position for over five years, asserting himself as a revolutionary leader. His tenure saw Seguros double in size and increase its revenue contribution to its parent company.

Search more about Luiz Carlos Trabuco: https://g1.globo.com/economia/negocios/noticia/sucessao-no-conselho-do-bradesco-foi-um-ato-planejado-diz-trabuco.ghtml