Born in 1951, Luiz Carlos Trabuco Cappi had to work multiple jobs to get himself through college where he specialized in Economic Science, he also pursued a post-graduate degree, and he has a Master of Philosophy. The early exposure to the various facets of the meant that he learned the tradecraft from those deemed as pioneers in the banking industry in Brazil and the world over.
This hands-on experience contributed to his rapid rise in the financial world, and he is currently ranked among the most influential bankers in the world. He has received numerous awards not only in his home country but across the globe for his stellar achievements and for his role in building up Banco Bradesco to where it is today as a leader in the banking industry.
Lazaro Brandao finally stepped down as the bank’s chairman at the age of 91, a move that caused a lot of mouths to gape his age notwithstanding. Before he could take over in that capacity, the new Chairman had to nominate a successor to fill his shoes as C.E.O. Octavio de Lazari Junior was the preferred candidate, even though his appointment was announced early, it was formally approved in March 2018. Lazari’s almost four decades worth history with Bradesco, which he began as a lowly clerk at a tender age of 15, helped push him ahead of other potential candidates for the position.
Read more: Bradesco anuncia Octavio Lazari no lugar de Luiz Carlos Trabucohttps://www.istoedinheiro.com.br/o-bradesco-de-brandao-trabuco/ Purchase of HSBC, About Bradesco, New Chairman
Acquisitions and mergers mission
Before he was C.E.O, Luiz Carlos Trabuco Cappi had held the numerous and varied post in the bank at an executive level. When Luiz Carlos Trabuco Cappi first took over as the Bank’s C.E.O, he led an aggressive campaign that changed the face of Banco Bradesco. He went on acquisitions and mergers crusade that saw him not only expand the institution’s asset base but also culminated in the alliance between HSBC Brazil and Banco Bradesco to form one of the most successful financial institutions in Brazil. It was also during his stint as C.E.O that online banking was introduced at the bank, this helped bring in young Brazilians who preferred the convenience of online banking, unlike their elders who held on to conventional banking. Before he could carry out all his planned changes, first he had to deal with a financial crisis that threatened to push the bank out of business. Bad debts, a high employee turnover rate and a severely flawed pension scheme were few of the challenges he had to overcome if he wanted to achieve any positive results.
Luiz Carlos Trabuco Cappi has spent close to five decades at Banco Bradesco where he started as a clerk in 1969, and where he has spent almost his entire career, and it is said he even turned down a job offer from the Brazilian government choosing instead to preserve his devotion to Banco Bradesco. It is for this loyalty and dedication, he has finally been given the reins and tasked with the job of leading the bank to greater heights. Luiz Carlos Trabuco has plans that will see the Bank rise to the top of the global financial industry.
Check more about Luiz Carlos Trabuco Cappi: https://oglobo.globo.com/economia/bradesco-anuncia-novo-presidente-octavio-de-lazari-junior-vai-substituir-luiz-carlos-trabuco-cappi-22365414#ixzz56wDld69g