Luiz Carlos Trabuco Continues To Act As CEO Until Lazari’s Appointment This March

During the first week of February 2018, Banco Bradesco SA announced the upcoming appointment of their company’s new chief executive officer, Octavio de Lazari Jr. Lazari is slated to be formally appointed on the 18th of March, replacing Banco Bradesco’s previous CEO and current interim CEO, Luiz Carlos Trabuco.

Prior to the announcement that he would be the company’s next CEO, Lazari served as vice president according to g1.globo.com. In addition to his new position as CEO, he will be maintaining the title of president at the Bradesco Seguros group, a subsidiary of Bradesco. Lazari has had a long history with Bradesco, first joining the company nearly four decades ago at the age of 15. His experience with the company has made him an ideal fit for the position of CEO, and it’s likely that they will continue to see success during his term.

Bradesco’s Board Reshuffles
Lazari’s appointment as chief executive officer coincides with the first meeting of the company’s new board of directors. The new board will have its members finalized during an upcoming meeting between Banco Bradesco’s shareholders. Until the new board is finalized and Lazari’s appointment is referred to in their first meeting, Trabuco Bradesco will continue to act as Banco Bradesco’s interim CEO. Trabuco is currently the company’s chairman, however, he is maintaining his prior duties as CEO in order to maintain the company’s order of succession and provide stability to its operations until Lazari is appointed formally.

Read more: Bradesco deve anunciar sucessor de Trabuco antes do Carnaval

There have already been a number of announcements regarding the board’s new composition according to valor.com.br. Foremost among them is the appointment of a number of new vice presidents to the board of directors. The individuals being appointed are Josué Augusto Pancini, Domingos Figueiredo de Abreu, Maurício Machado de Minas, and Alexandre da Silva Glüher. All four of the new vice presidents have long and storied histories with Bradesco and have served the bank well during their illustrious careers. In addition to the appointment of new members to Banco Bradesco’s board of directors, one of its members, Aurelio Conrado Boni, has elected to announce his impending resignation.

About Luiz Carlos Trabuco
After Banco Bradesco’s previous chairman retired, the position was immediately given to then-CEO Luiz Carlos Trabuco. Luiz Carlos Trabuco was originally appointed as the chief executive officer in 2009, following his service as the bank’s executive vice president. Until Lazari is formally appointed this March, Luiz Carlos Trabuco will maintain his duties as CEO, acting as an interim to ensure a smooth transition.

Luiz Carlos Trabuco has had a long and storied history with Banco Bradesco, having served them for nearly five decades. During his prestigious career with the company, he’s worked tirelessly to push them forward and bring them ever further in their journey to success. Leading the charge for many of Bradesco’s most lucrative operations, Luiz Carlos Trabuco has been one of the most valuable employees Bradesco has, and, if one looks back at his history there, it’s no wonder that he was chosen to become their next chairman.

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