Earlier this year, Bradesco Bank announced that Octavio de Lazari Junior would soon be replacing Luiz Carlos Trabuco Cappi as president of the company. The transition of power was made official on March 12 during the Ordinary General Meeting. Lazari, aged 54, has been a steadfast employee of the organization since a teenager. He originally intended to leave Bradesco to pursue a career as a professional football player, however, in the end, he decided on making Bradesco his entire career. At that time he fully intended to work up in the company as high as possible, but he says he never dreamt that he would one day be its president.
Lazari first entered company leadership in the 1990s when was made the director of the Credit Department. In 2010 he was promoted to the director of the Loans and Financing Department. In 2017 he was made Bradesco’s executive vice president and the president of its branch, Bradesco Seguros. His leadership of Seguros has seen its market share rise by 26%. This transition of power in Bradesco is the end of a domino effect began in October when Lazaro de Mello Brandao resigned from his position of chairman of the board of Bradesco.
In light of this vacated position, Trabuco decided to go ahead and retire as president and to fill it. The board immediately set themselves to looking for the bank’s next president. Under consideration have been Bradesco’s seven presidents. And after much debate, deliberation and consideration, it was determined that Lazari was the best candidate. Lazari his new role very seriously. He knows all too well that he is filling the massive footprints filled by his predecessors. One of the big things he will be working on at this early stage of his career is pension reform. During his earlier years, Lazari obtained a degree in Economics from the Faculty of Economic and Administrative Sciences of Osasco.
Trabuco worked as a clerk in Bradesco when he was a teenager. He graduated from University of Sao Paolo with degree of Philosophy. He was appointed to serve as the credit officer then the project manager of the finance department. And he achieved different executive positions within the bank because of dedication and hardwork he showed.