Luiz Carlos Trabuco Cappi Details His Successors’ Selection Process

Bradesco Bank said that it has already chosen its next bank president in the person of Octavio de Lazari Junior. The head of the Bradesco Seguros Group will be Luiz Carlos Trabuco Cappi’s replacement, and the latter will still hold the position until the general assembly meeting that will happen on March 12.

Octavio de Lazari Junior’s name came up along with some others who were expected to be Luiz Carlos Trabuco Cappi’s successor according to terra.com.br. According to Lazari Junior, he began his professional career with Bradesco at its branch if Street 12 Outubro, which is a prominent shopping thoroughfare, located in the city of Sao Paulo. He spent fifteen years in the said branch. He likewise disclosed that he deserted his dream of becoming a football player, although at the time he entered the bank’s organization he was already playing for the Palmeiras.

Octavio de Lazari’s entry in the bank was instigated by his father who was a client of the branch he worked for in the beginning. His father, who was the bank manager’s acquaintance at that time, requested that the job vacancy be given to his son. Having been given the chance, Lazari Junior took the required entrance test, and at the end he was selected for the job.

De Lazari Junior recalled that he did not intend to become the bank president, but he took the job then because it was an opportunity for him to improve academically and personally. So, he studied, and went through the different departments of the organization to gain the necessary experience.

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The procedure of promoting executives including all the personnel at Bradesco Bank is done in a specific manner. So, when Lazaro de Mello Brandao resigned his post as Chairman of Bradesco Bank’s Board of Directors, Luiz Carlos Trabuco Cappi was chosen to replace him following the consensus of the appointing committee. The bank’s history of succession in the hierarchy of the organization’s executive positions must come from within the institution’s employees and not from the outside.

According to Lazari Junior, his primary task is to renew and continue the legacy that was left by Lazaro Brandao and Luiz Carlos Trabuco Cappi. The latter said that it took months for the organization to choose the next new president of Bradesco Bank, and he revealed that the higher-ups knew Octavio de Lazari Junior would be one of the seven vice-presidents who are going to be nominated. And at the end his profound familiarity of all the different aspects of the institution’s business gave him the edge.

As one of the leading bank in Brazil, Bradesco Bank commented that the credentials and qualifications of Octavio de Lazari Junior has been thoroughly examined along with the others and was recognized to have the outmost capability to implement the necessary renewal and continuity within the organization.

During the conference for De Lazari Junior’s announcement as the next bank president, he said that he looks forward to a better year for Bradesco Bank. And both him and his predecessor, CEO Luiz Carlos Trabuco Cappi emphasized the significance of the implementation of the pension reform.

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