Luiz Carlos Trabuco Announces Bradesco’s New President

Late last year, the president of Bradesco Bank, Luiz Carlos Trabuco Cappi, announced his intention to step down from the executive board this year. He has been a part of the work of Bradesco since the 60s. He officially began his employment on April 17, 1969.

During those early years, worked while attending college. Trabuco graduated from USP’s School of Sociology and Politics with a B.A. and then an M.A. He would serve as the Managing Director from 1984 to 1992. From 1994 to 2000, in addition to his regular work with Bradesco, Trabuco also sat as a member of the managing board for the Brazilian Association for Listed Companies. He then served as President of Bradesco Vida e Previdiencia SA until 1998.

In 2003, he was made the president of Bradesco Seguros. He officially became Bradesco Bank’s president on March 10, 2009. The biggest highlight of his presidency has been the acquisition of HSBC in 2015. Under consideration, are the seven current company vice presidents. While he will be vacating the presidency role, Trabuco would be becoming the Chairman of the Bradesco Board of Directors. This was a position recently vacated by Lazaro Brandao, who was retiring after being employed by Bradesco for almost 60 years.

Read more on Meioemensagem.com.br

In addition to serving as the president of the company, Trabuco had previously served as the vice president of the Board of Directors. This vacated position would be filled by Carlo Alberto Rodrigues Guilherme. Trabuco has actually been holding both the presidency of the board and the presidency of the company since late 2017. That is scheduled to change this month when the board will officially elect a new president of Bradesco. Company stipulations state that the board names the president 30 days before the meeting in which he or she will be voted in.

Trabuco says that a huge percentage of their customers are still not using digital services, mainly because they just aren’t familiar with it. He says that a big immediate duty of the next president will me familiarizing their massive body of customers with their digital services.

Check more about Luiz Carlos Trabuco: http://www.valor.com.br/financas/5306443/bradesco-anuncia-octavio-lazari-no-lugar-de-luiz-carlos-trabuco

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