Luiz Carlos Trabuco Cappi is Bradesco Bank’s presidents since 2009. When the announcement of his replacement has been named, he clarified that the Bradesco organization has its own unique way of choosing the executives it will promote. The management scheme of promotion at Bradesco utilizes the consensus model. And as of this time, Octavio de Lazari Junior has been chosen to be the next president of Bradesco Bank.

De Lazari junior’s promotion was determined based on his vast knowledge of the insurance and banking business, which are the main services offered by the bank according to terra.com.br. Aside from this Octavio de Lazari Junior showed a very optimistic and positive attitude during his entire career with the organization whenever he is given challenges to hurdle.

Luiz Carlos Trabuco Cappi will be vacating the banks presidential seat after the general assembly meeting that is scheduled for March 12. He commented that the organization has a vice president who is very proficient in terms of the banking industry. He goes on to say that de Lazari Junior has amassed great knowledge and assisted in the organizations generation of profits.

Read more: Bradesco: New president to leave executive body, says Trabuco

He further added that Octavio de Lazari Junior began working for Bradesco at a young age as bank clerk. He climbed the ranks of the organizational ladder and eventually became a manager of the organization’s subsidiary companies. De Lazari managed the credit sector of the bank for years, and he was likewise in-charge of the financing and loans department. During that time De Lazari sustained the credit lines with the BNDES as well as with the clients. Afterwards he spearheaded the top-tier income division of the bank. All these accomplishments, according to Luiz Carlos Trabuco Cappi, are the fundamental reasons why Octavio de Lazari Junior has been chose as his successor since he is a leader who molds the team together and leads the ways for proper administration and implementation.

Bradesco Bank’s Board of Directors is comprised of four vice presidents from the organization. And as per Chairman Luiz Carlos Trabuco Cappi, the members of the board represent progressive transformation that would allow a better perception of new technology. Aside from these, the board likewise reinforces the organization’s capacity to compete in the banking industry.

In relation to the pending change of presidency within Bradesco Bank, there were other names nominated for promotion to become the next bank president as follows: Mauricio Minas. Josue Pancini, Alexandre Gluher, and Domingos Figueiredo de Abreu. The cited names were likewise appointed to be members of the board. The current bank president stated that Minas has excellent knowledge in technology, Pancini brings expertise in high income and network, Gluher is a specialist in audit and risk, and Abreu has a vast know-how of in house operations and is brilliant in controlling.

Luiz Carlos Trabuco Cappi positively stated that with Octavio de Lazari Junior’s promotion, and the appointments of the four other vice presidents to the board of directors will make the organization more solid and resilient to meet the challenges the 2018 economy is set to bring.

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