Luiz Carlos Trabuco To Take Over As Chairman Of Bradesco, Leaving The Presidential Position Vacant For The Time Being

Luiz Carlos Trabuco Cappi is one of the most well-known names in the financial sector in Brazil. He is the person leading the charge at Bradesco, which is one of the countries top private banks. Trabuco has been a brilliant addition to the company from the moment he joined, and today stands as one of the leading people who Bradesco’s success is dependent on.

Trabuco first started his journey with Bradesco when he was still a teenager. He decided to take up a job at the Bradesco outlet in the place that he was living in at the time. He worked as a bank clerk for a period before he was able to progress and climb up the corporate ladder. Working at one of the most basic positions at the company has provided him with more positives than one would imagine.

Having worked in those positions at the very beginning, Trabuco understands the finer aspects of the work that the people at Bradesco do. Right from the bank’s clerks to the top-level executives at the company, Trabuco understands them, and the jobs that they are supposed to do. This has also helped him make several positive changes to the company which has benefited their growth incredibly.

Trabuco recently was part of an interview where he revealed that the current chairman of Bradesco would be retiring after serving in his position for almost forty years. As the chairman of the company departs, the slot for chairman of the company was left vacant, and Trabuco was asked to fill in that spot. However, with Trabuco currently being the president of the company, there would be no one to take up the post. For the time being, Trabuco is handling both the positions, one being the President, and the other being the position of chairman of the company.

Read more: Bradesco to choose board member as new president, says Trabuco

Trabuco was set to retire this year upon attaining sixty-five years of age, but the company decided to wave off that limitation so that he could take up the position of chairman according to camar.sp.gov.br. This is not the first time that Bradesco is letting this rule slide for one of their executives, and Trabuco will be able to retain that position till the company imposes an age restriction once again on him.

There is currently no word on who will take over the position of President of Bradesco, but the company is expected to announce the new leader to the company somewhere before the end of the financial year. The banking sector is still waiting on a word of who the potential president might be, even though there are a few speculations coming their way. The company is also required to submit the name of the new President to the central bank of Brazil a month before the shareholders meeting is held at the end of the financial year, which is probably when Bradesco will elect its new leader.

The next president of the company will be from Bradesco itself since that is the policy that people follow. Bradesco has a long-standing tradition of only employing people to top positions at the company who have been working with Bradesco for a couple of years. This is done to ensure that the people who are taking these jobs have a good rundown of the entire policies and traditions that the company expects its leaders to hold up.

Even though Trabuco is currently handling two positions at once, there is no doubt that he will be able to fill them out well and perform at maximum efficiency. He has already done a lot for the company, and will only improve Bradesco further and retain their position in the industry through his new position as chairman of the company.

Search more about Luiz Carlos Trabuco Cappi: https://www.brasil247.com/pt/247/economia/321809/Trabuco-assumirá-presidência-do-conselho-do-Bradesco.htm

Leave a Reply

Your email address will not be published. Required fields are marked *