Bradesco Bank is one of the largest banks in Brazil, and under the leadership of Luiz Carlos Trabuco Cappi, they financial institution managed to increase its value in the stock market and its profits rose. It was also the idea of Luiz Carlos Trabuco Cappi to purchase the Brazilian branch of HSBC for $5.2 billion. The deal has been published all throughout the country, and it was believed to be one of the largest financial transactions in Brazil.
The company executives support the decision to purchase the Brazilian branch of HSBC, and they have thanked Luiz Carlos Trabuco Cappi for the brilliant idea. Luiz Carlos Trabuco Cappi has been serving the Bradesco Bank since he was 17 years old, and through the years of working with the company, he managed to develop some of his skills, especially in the financial industry.
Growing up in the city of Marilia, Brazil, Luiz Carlos Trabuco Cappi witnessed how the Bradesco Bank transformed from its humble beginnings to become one of the leading banks in the country. They even snatched the top rank during their early years, but it soon waned after its competitors have either innovated or developed. Banco Itau and Unibanco are some of the competitors of Bradesco Bank, and the two banks decided to merge in 2009 to strengthen their position in the Brazilian financial industry according to infomoney.com.br. The merger of the two banks affected Bradesco Bank greatly, as they managed to dethrone Bradesco Bank from its pedestal. Working for the financial institution since he was a teenager, Luiz Carlos Trabuco Cappi developed a feeling of loyalty for the bank, and he vowed that he would do anything to return the glory it once had to the company. When he got promoted to the executive position as CEO, one of the things that he looked into is the possibilities on how the company could gain more investors and increase their assets.
Luiz Carlos Trabuco Cappi worked hard to find new investors who would finance the bank, and through his campaign to strengthen the bank nationally, more people have decided to put their deposits with Bradesco Bank. Luiz Carlos Trabuco Cappi has seen the result of his hard work in just a few months after he acquired the position of being Bradesco Bank’s leader. The company also experienced a surge in their performance under the leadership of Luiz Carlos Trabuco Cappi, but he would have to step down from his position in 2018 to give way to new leaders.
Earlier in 2018, Luiz Carlos Trabuco Cappi announced that he would soon be resigning from his post as the president of Bradesco Bank, and named Octavio de Lazari Junior as his successor. The board of directors has chosen Octavio de Lazari Junior based on his merit, and they thanked Luiz Carlos Trabuco Cappi for his service with the company. Luiz Carlos Trabuco Cappi will remain as the president of the board, but he will soon step down from this position. He thanked his colleagues for the support that they have given him through the years.