Luiz Carlos Trabuco Elects A Successor For The Leadership Of Bradesco Bank

The current Bradesco Bank President and Chief Executive Officer Luiz Carlos Trabuco will become the former leader of the establishment on March 12 later this year. He has already elected and announced his successor to the highest rank of the Bradesco Bank. The President of the Bradesco Seguros, Octavio de Lazari Jr, (54) will be next in line for the seat of the leader of Bradesco Bank.

Mr. Luiz Carlos Trabuco himself was also elected by his predecessor. Lazaro de Mello Brandao kept the tradition, and now Mr. Luiz Carlos Trabuco is doing the same. Mr. Brandao decided to leave his post after he turned 91 years of age even though he will continue to lead several of the subsidiaries owned by the Bradesco bank. When he was elected, Mr. Luiz Carlos Trabuco was aware that he would not be holding the position for too long as he was at the age of retirement already at the time o election. The bank, however, had decided to extend it age limit by two years and that allowed Mr. Luiz Carlos Trabuco to maintain his position in leadership for that additional couple of years.

Mr. Octavio de Lazari Jr. will be started up at his new position in leadership in early March later this year. There are several other changes that need to be finished before that. The Extraordinary Shareholders’ Meeting of the Bradesco Bank will be electing a new set of members for the Board of Directors of Bradesco bank.

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

In the meantime, Mr. Luiz Carlos Trabuco will continue working at the Bradesco Bank in the capacity of the President of the Council and finish his current mandate as Chief executive Officer of the corporation before Mr. Octavio de Lazari Jr. takes over the position in Match. Mr. Octavio de Lazari Jr. will also keep his position of President of the Bradesco Seguros. Mr. Luiz Carlos Trabuco will go on as Chairman of the Board of Directors.

Even though the Bradesco Bank is changing leadership quite often, the institution is in good hands. Just like the previous leaders, Mr. Octavio de Lazari Jr. also entered the Bradesco Bank at a young age.When he was 15, Mr. Octavio de Lazari Jr. started up as an office boy and worked for many years to become a useful employee of the establishment and create a career. He was working at the agency in the Lapa District located in the bustling Sao Paulo. In 1998, he was promoted to Manager of the same office.

He also started working in credit. Later, Mr. Octavio de Lazari Jr. was appointed as Director of the department and was responsible for the accounting of the small and medium businesses, corporate accounting, and retail according to In 2010, Mr. Octavio de Lazari Jr. became accountable for the banks Department of Loans and Finances, and then he was appointed as a member of the Board of Executive Officers.

In 2017, Mr. Octavio de Lazari Jr. was promoted to Executive Director, as well as Vice President and Chief Executive officer of Seguros.

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