The Next Phase for Banco Bradesco
Banco Bradesco is the second largest bank in Brazil. The bank is located in São Paulo. They have recently announced a new president to succeed their current president, Luiz Carlos Trabuco. Luiz Trabuco has been involved with Bradesco since 1969, and has been the president and CEO since March 10, 2009.
Octavio de Lazari Junior is set to takeover the position of Trabuco. The assets of Banco Bradesco are approximately $1.3 trillion as of 2017’s closing number. Both Trabuco and Lazari have been involved in the banking industry long-term.
Brandão’s departure from Banco Bradesco was announced earlier than originally anticipated. He was originally set to stay in position until March of 2018. Luiz Trabuco will fulfill his position as well as Brandão’s until March.
Trabuco commented on Seu Brandão’s lasting impact on Brazilian banking. He accredits Brandão for the construction of the system, and says he helped evolve the country for future developments. The main concern of Trabuco is to ensure the bank continues to grow and think innovativly, even with his departure according to istoedinheiro.com.br. Brandão’s initiated the purchase of HSBC, which furthered the acquisition of new clients. Trabuco describes Brazil as a country with economic and social mobility.
Luiz Trabuco spoke on a statement made by Aguiar regarding the cultue of the bank. Trabuco said he aims to keep the culture at top priority, yet still actively advance the organization. Trabuco said the mission is not just about maintaining their position, but advancing and growing collectively. With any business, there are highs and lows, but Trabuco has been resilient to the any minor adversity over his four-decade career.
Luiz Carlos Trabuco
Luiz Carlos Trabuco received a degree from USP’s School of Sociology. He earned credits in Science, Philosophy, Language and Art from the University of Sao Paulo. He fulfilled the position of Managing Director and Vice President since March 1999. He also fulfilled the position of Departmental Director from the years 1984 to 1992. He served as the President of ANAPP from August 1994 to August 2000. He also served as a member of the managing board ABRASCA from July 2000 to February 2003.
For more information about Luiz Carlos Trabuco, just click here.