For nine years, Luiz Carlos Trabuco has served as the president of the Bradesco Bank of Brazil, the second largest private bank in the country and Latin America. The bank recently announced that Luiz will move on to a different position and will be succeeded by Octavio Lazari.
Trabuco will remain in his position until at least March 12, 2018, and until the first ordinary general assembly takes place. Close sources to the company informed that although Lazari’s wide experience easily qualified him for the position, he was not the most liked in the lineup of candidates. Many believed the position would be given to Mauricio Minas, who runs the tech area of the business. Octavio Lazari currently serves as the Vice President of Bradesco and has been working for the bank since 1978, steadily climbing the corporate ladder taking on different positions for over 30 years.
More about Luiz Carlos Trabuco
Luiz Carlos Trabuco has also had a long and successful history working for the Bradesco. He began as a bank clerk when he was only a teenager and counting to this day has been with the firm for over 40 years. Through his efforts, extensive knowledge, and experience, Trabuco has been an incredible leader. Making countless successful decisions and guiding the company on the correct path, he led it to further growth and expansion. In the past couple of years, he’s been included in Forbes’ best CEO’s of Brazil and has been included in the list of 100 most influential Brazilians.
One of the greatest achievements during his presidency was projected in Bradesco Seguros, an insurance branch of the company. During his term, Bradesco Seguros grew to more than twice its size and made its mark in Brazil’s economy by amounting to 25% of it. To this day, Luiz Carlos Trabuco continues to work for the corporation holding many positions in different parts of Bradesco. Some of his roles include Chief Executive Officer, Managing Director, and Vice president.