Even as Bradesco Group undergoes the much-awaited transition involving the change of guard at the helm of the group’s leadership, Luiz Carlos Trabuco remains an icon in its history of growth to the second largest private banking institution in Brazil.
Having served as the president of the various wings of the group, Trabuco leaves a mark to be fondly remembered by shareholders and colleagues. Mr. Trabuco served Bradesco for 38 years. He was the longest-serving member of the organization by the time he handed leadership to Octavio De Lazari.
The Career Marks Trabuco Leaves
He was widely known for his people skills. Luiz Carlos Trabuco Cappi is a graduate of Philosophy and Psychology among other qualifications. So he applied his knowledge of social sciences to help build a solid Institution that he now leaves in the hands of Octavio De Lazari. He is said to have cleverly combined wisdom, persistence, and professionalism to get the results he wanted. He served as the President of the largest Insurance company in Brazil before he climbed the ranks to head the whole of Bradesco Group as CEO and President.
Trabuco as the Head of Bradesco Insurance
Mr. Trabuco held insurance in high esteem. In one of the interviews, he mentioned that there was a lot of hope for the growth of insurance in Brazil because there were stability and growth. Mr. Luiz Carlos Trabuco Cappi helped Bradesco Insurance to become the best in the country. He was awarded twice as the Insurance Personality of the Year. He was always positive about the prospects for insurance. He took over the leadership of the insurance company in 2007. It wasn’t long before he received his first award. Trabuco advocated for the sale of insurance via brokers. He was promoted to head Bradesco Insurance after gaining experience and exposure in various Departments and wings of the organization. He served as the Director of Marketing for the group and Vice President of Bradesco among other significant positions. According to Trabuco, Insurance is part of the government since it offers a service that is a core responsibility of the state. Insurance, according to Luiz Carlos Trabuco Cappi, is a critical keeper of social welfare. Carlos opined that the biggest challenge that he faced was how insurance would continue on its growth trajectory when the country was undergoing so much evolution. However, he says that such evolution makes insurance even more urgent. So he was not overly worried that insurance would certainly pick up. The philosophy graduate from the University of Sao Paulo is a strong advocate of seamless communication for the purpose of attaining sustainable development.
Tracing Luiz Carlos Trabuco’s Career Path
Luiz Carlos Trabuco Cappi was nominated to become the next President of Bradesco two months after Bradesco Group was overtaken by Itau Unibanco. He managed to implement strategies that propelled Bradesco back to its original status. He led the Group in the acquisition of the Bank of America; A decision that shareholders must now be happy about, given the continued improvement of the bank. Trabuco has worked for Bradesco for about four decades. He started as a clerk and rose through the ranks to become its president.
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