With the changes that Bradesco has seen over the past few months, there has been an incredible amount of speculation over who the new leaders to Bradesco were going to be. These changes commenced when Bradesco’s prior chairman retired after serving in that position for over twenty-five years. The location of chairman of Bradesco was after that left vacant, which caused many people all over to start speculating who the next potential chairman could be.
During this period, the board of directors at Bradesco had their work cut out for them. The company needed to choose someone who would be able to perform well at the company, and someone who knew the inner workings of Bradesco. Many prospective people would work out as viable chairpeople to the company, but after much deliberation, the board of directors of Bradesco decided that they would elect Luiz Carlos Trabuco Cappi as the new leader to Bradesco.
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There were several reasons why Luiz Carlos Trabuco was the one who was elected to this position of President of Bradesco. One of these reasons was because of the contribution that Trabuco had towards the success that the company was seeing. During the past few years, the amount that Trabuco has contributed has increased, and a lot of that was because of the goals that he set when he first took over as the President of Bradesco. Being in one of the more essential positions within the company, Luiz Carlos Trabuco had the future of Bradesco riding on his shoulders. He had to implement a number of changes to improve the workings of the company and to get Bradesco to once again stand as the number one private bank in the country. Without a doubt, the work that Trabuco did prove to be incredibly effective in reaching this goal.
In October 2017, the board of directors at Bradesco decided that they wanted to make Trabuco the new leader within the company. Trabuco had been an essential part of the growth that the company was witnessing, which is why he would be an excellent person to take over as the chairman of Bradesco. However, he was already performing the role as the President of the company, which is why he would not be able to carry out two roles at the same time. Because of this, the company was put into a scenario where they would have to search for a new person to take up the post as President so that Luiz Carlos Trabuco could perform the role of chairman at the company. The new president of Bradesco would have to be someone who was able to take up one of the most notable positions within the company. That person would not only have to fulfill all of the functions but also keep in mind the high standards that the company has for its employees. Because of the work that Trabuco had done in the past, anyone taking over this position would have big shoes to fill. After much deliberation, Octavio de Lazari was asked to step in as Trabuco’s successor.