After making a great difference for over 75 years at Banco Bradesco SA in Brazil, Lazaro de Mello Brandao, age 91, is stepping down from his position as this company’s executive board chairman. Luiz Carlos Trabuco will be replacing Mr. Brandao. Brandao stated that he chose to step down because this organization needs a new board to ensure continuity. And even though, Brandao is stepping down from this position, he will still be in charge of some of the organization’s holding companies.
The Attributes of Luiz Carlos Trabuco
Trabuco is currently the chief executive officer. He is currently holding this position along with the new position until March 2018 when a new CEO will be elected. Trabuco has been a great asset to this organization for several decades as well. Also, he has been with the company since the age of 16 years old when he was a clerk. He then went up the ranks as a marketing director and more until his current positions.
He was recently recognized in 2015 by Isto É Dinheiro magazine as the Entrepreneur of the Year in finance. In 2009, he was recognized as one of the 100 most influential Brazilians. And in 2016, he was recognized by Forbes as being one of the best CEOs of Brazil. Also, he earned a degree from the Faculty of Philosophy, Sciences and Letters of São Paulo de Marília. He also earned a degree in Socio-Psychology from the Fundação School of Sociology and Politics of São Paulo.
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The Meeting to Elect the New CEO
A meeting is scheduled for March 2018 in which a new executive president will be elected. Furthermore, the following are the candidates for Trabuco’s current role of CEO, executive president:
Alexandre da Silva Gluher
Alexandre da Silva Gluher- age 57, Gluher is the company’s head of risk management. He worked along with Domingos Figueiredo Abreu as a major force behind the company’s biggest acquisition in its history in which was the purchasing of HSBC’s retail unit in Brazil. Also, he’s been working for the company since 1976.
Maurício Machado de Minas
Maurício Machado de Minas- age 58, he’s been with the company since 2009, and he was working for CPM Braxis before coming to this company. He’s been an executive responsible for the company’s IT department.
Josué Augusto Pancin
Josué Augusto Pancin- age 57, he’s been with the company since 1975. He’s been responsible for the high-income segment and the branch’s network.
Domingos Figueiredo Abreu
Domingos Figueiredo Abreu- age 58, he has been with the company since 1981. He’s also been a major force behind the HSBC purchase, and he is responsible for the company’s credit and treasury departments.
Lazaro Octávio: Lazari
Lazaro Octávio: Lazari- age 54, he has been with the company sine 1978. He has been a major force in a third of the company’s achievements. He is the head of insurance.
André Rodrigues Cano
André Rodrigues Cano- age 59, he has been with the company since 1977. He has been in top management since December 2016. He is responsible for company’s human resources department.
Marcelo de Araújo Noronha
Marcelo de Araújo Noronha- age 52, he has been with the company since 2003. He is responsible for the card operation, the corporate segment, and Bradesco BBI, their investment bank.
Search more about Luiz Carlos Trabuco: https://g1.globo.com/economia/negocios/noticia/sucessao-no-conselho-do-bradesco-foi-um-ato-planejado-diz-trabuco.ghtml