This year, Luiz Carlos Trabuco Cappi will be vacating the position as the president of Bradesco Bank. He will be succeeded by Octavio de Lazari Junior, who was selected under the careful analysis from the board of directors.
Luiz Carlos Trabuco Cappi has reached the age of retirement, and it is mandatory for him to go down from his position. He entrusts all of his visions for Bradesco Bank to his successor, and he is hoping that he will be continuing all of his programs which have been beneficial to the company. His colleagues will remember the leadership of Luiz Carlos Trabuco Cappi as one of the most competitive in the history of the financial institution.
Born in the city of Marilia, the young Luiz Carlos Trabuco Cappi has always dreamed of working for Bradesco Bank. He witnessed how the company grew, and he thought to himself that working with the bank would give him a brighter future. He decided to work with Bradesco Bank when he was only 17 years old, and he was designated to work as a bank clerk. Through the years, he showed his superiors his dedicated to getting promoted, and he would do hard work to impress his superiors. Later on, Luiz Carlos Trabuco Cappi was given the promotion that he has been waiting for. He became a manager, and he continued showing his passion for the job, which impressed his superiors. Luiz Carlos Trabuco Cappi would be promoted several times until he became the president of Bradesco Bank.
During his term, his focus on making Bradesco Bank the leading financial institution in Brazil once again. In the past, Bradesco Bank enjoyed having the distinction as the leading and the largest bank in Brazil. However, the merging of their competitors in 2009 resulted in their ranking being lowered down. The union between Unibanco and Banco Itau has drawn many investors, resulting in their instantaneous growth. Being a competitive person himself, Luiz Carlos Trabuco Cappi wanted to retrieve Bradesco Bank’s spot, and he would always think about how he could make it happen.
One of the solutions that he greatly looked upon was a merger with one of the top financial institutions in Brazil. He considered HSBC Brazil, and he would engage their executives in negotiations for months. Luiz Carlos Trabuco Cappi is offering HSBC Brazil a staggering $5.2 billion just for them to join Bradesco Bank. The executives at HSBC Brazil are unsure about their plans, but they still agreed to the proposal of Luiz Carlos Trabuco Cappi and later on joined the Bradesco Bank. The board of directors was shocked knowing that they paid a lot of money just to acquire HSBC Brazil, but Luiz Carlos Trabuco Cappi told them that it would be to the company’s advantage. Soon after, reports about the increasing value of Bradesco Bank were shown nationwide, urging other investors to follow suit. In just a short period, Luiz Carlos Trabuco Cappi manages to increase the company’s value, and it would always be his lasting legacy.