Bradesco Bank started operating under a new Chief Executive Officer on 12th March. Mr. Octavio de Lazari Jr. stepped into the office for the first time to start his tenure as he was chosen to succeed the former leader, Luiz Carlos Trabuco Cappi.
Luiz Carlos Trabuco Cappi worked at the helm of the corporation for several years after he was appointed by his predecessor. This way of selecting the next leader of the Bradesco Bank is the company’s way to preserve the native management model and the tradition of the Bradesco Bank instead of bringing in new people.
While Luiz Carlos Trabuco Cappi will not be leading the company anymore, he will maintain his position as the Chairman of the Board of Directors. Octavio de Lazari Jr., on the other hand, had to let go of his former position as the President and Chief Executive Officer of the Bradesco Seguros Group, one of the bank’s subsidiaries. Octavio de Lazari Jr. is at the age of 54 and has been one of the nominees for the leadership after his previous promotion.
Octavio de Lazari Jr. has been an integral part of the Banco Bradesco for nearly forty years. He started serving when he was 15 at one of the bank’s agencies in Osasco, Sao Paulo. He had the dream of being a professional football player as he used to play for the Palmeiras back then. At the time, Octavio de Lazari Jr. did not have the intention to seek professional realization at the bank and start climbing up the ladder ut years went by and his perspective changed in the meantime. Years ago, Octavio de Lazari Jr. had the right to retire, but he chose to stay at the company and continue to contribute to the Bradesco Bank. Refer to This Article for more information.
The Bradesco Bank is the second largest private bank in the country, and when it was established over 70 years ago, it advanced in its line of work by taking chances on advancements and being the first to embrace the future. In Latin America, the bank as the first to buy a computer for the office and introduce the credit card to their clients. That makes the Bradesco bank a victor, according to Octavio de Lazari Jr. who feels a sense of duty to maintain that legacy because it was the legacy of the Bradesco founder, Amador Aguiar, as well.
Octavio de Lazari Jr. started his work in the credit area in the 90s, reaching the position of Director. In 2010, he became Department Director, responsible for loans and financing, and then in 2012, Octavio de Lazari Jr. was promoted to Chief Executive Officer of the Bradesco Seguros. In 2016, he also added Vice President of the subsidiary to his list of responsibilities. Octavio de Lazari Jr. will remain the President of the subsidiary but let go of being its CEO. That position will be taken y another one of the executives at the company.
Going forward, the Bradesco Bank will have a capable leadership, according to Luiz Carlos Trabuco Cappi.