Bradesco Appoints Octavio De Lazari Junior Following Luiz Carlos Trabuco’s Move To The Position of Chairman

Banco Bradesco SA’s Board of Directors recently confirmed that Octavio de Lazari Junior had been approved to take over the bank’s executive duties as their new chief executive officer, replacing Luiz Carlos Trabuco, who has since moved to the position of chairman, presiding over the bank’s board of directors. Currently, Lazari is serving as the executive vice president of Banco Bradesco until his appointment as CEO. Additionally, Lazari holds the position of president with the Bradesco Seguros Group and will continue to hold that position for the foreseeable future.

The new executive management composition of Bradesco will be finalized on the 12th of March, 2018, following the election of the company’s new board of directors via a meeting of the bank’s shareholders. This new executive management board will be referring to Lazari’s appointment as the chief executive officer, at which time he will take over the position. Until Lazari is appointed, the position and duties of the chief executive officer will be retained by Luiz Carlos Trabuco. Following the new board’s first meeting, Lazari will take over the position, with Luiz Carlos Trabuco being able to fully dedicate themselves to the role of chairman.

The bank has recently released a statement acknowledging the accomplishments of Lazari, stating that their personal merits have been recognized among their fellows according to valor.com.br. The bank’s statement cites Lazari’s distinction among their peers due to their role in maintaining the bank’s line of continuity and renewal, which will serve to aid them in their continued operations, and serve to further ensure their prominent position both locally as well as abroad.

Read more on valor.com.br

Octavio de Lazari Junior; Serving Bradesco With Distinction for Decades
Octavio de Lazari Junior first began his career with Banco Bradesco at the age of 15, working as an office boy at one of the bank’s locations in Sao Paulo’s Lapa district. Eventually, he became an agency manager in the area, before transferring to the credit department in 1998, and eventually becoming a director within the department. As director, he accounted for multiple segments of Bradesco’s credit operations, including small and medium business, retail, and corporate operations. Eight years ago, he was made director of the loans and finances department, before being appointed to the executive board two years later. Last year, he was appointed as the vice president, executive director, and CEO of the Bradesco Seguros Group, and this month, he will be appointed as CEO of Banco Bradesco proper. Octavio de Lazari Junior currently holds a degree in economics. This degree was earned from Osasco’s Faculty of Economic and Administrative Sciences. Additionally, he specializes in financial strategies and financial management.

Luiz Carlos Trabuco, Chairman of the Board of Directors, and Prior Chief Executive Officer
Luiz Carlos Trabuco has maintained his position as CEO of Banco Bradesco SA since March of 2009, almost a decade ago. Prior to his appointment as CEO, he served with Bradesco as Executive Vice President. He worked as managing Director in Bradesco. He currently holds a post-graduate degree, which he earned from USP’s School of Sociology and Politics. He graduated from the University of Sao Paulo’s Philosophy, Sciences, Languages, and Arts Faculty.

Find more about Luiz Carlos Trabuco: http://www.meioemensagem.com.br/home/ultimas-noticias/2018/02/05/bradesco-anuncia-substituto-de-trabuco.html

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