Challenges Facing New President Of Bradesco, Luiz Carlos Trabuco

Bradesco, Brazil’s 2nd largest banking institution will be headed by a new president since 2009. Luiz Carlos Trabuco is the current president and will be stepping down after the Ordinary General Assembly (AGO) meeting in March. Luiz Carlos Trabuco has been with Bradesco since 1969.

Beginning his career as a bank clerk in Marilia, Luiz Carlos Trabuco has held many titles during his time with the company, and it this diversified background that made him one of the top leaders of the company. The 2015 Entrepreneur of the year, Mr. Luiz Carlos Trabuco is faced with yet another challenge during the last months of his presidency.

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The process of selecting the next president is one the company takes very serious and despite the pressure to name the next president, CEO Luiz Carlos Trabuco assured the company will move forward in manner defined by previous administrations. Luiz Carlos Trabuco has also revealed Lazaro Brandao the current Chairman of the Board has officially retired, and has handed in to the board his official letter of resignation. Now Luiz Carlos Trabuco is faced with not only the process of appointing a new president, but also the next vice president.

Of the seven vice presidents considered Octavio de Lazari Junior, has been named the next president. Luiz Carlos Trabuco says Octavio de Lazari Junior will officially be appointed during the Ordinary General Assembly (AGO) meeting in March according to epocanegocios.globo.com. Octavio de Lazari Junior, a veteran of the company began working at Bradesco in 1978, and was appointed to the board as vice president in 2017. The new vice president to take Octavio de Lazari Junior’s place will be Carlos Alberto Rodrigues. Mr. Alberto Rodrigues started with Bradesco at the age of 13. With Lazaro Brandao’s resignation as Chair, Luiz Carlos Trabuco will be both Chairman of the Board and President until Octavio de Lazari Junior is appointed during the AGO meeting.

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

1 thought on “Challenges Facing New President Of Bradesco, Luiz Carlos Trabuco”

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