Currently CEO of Banco Bradesco S.A. beginning in 2009, Luiz Carlos Trabuco is staying in his executive position for now. Since his tenure is almost up as the head of Bradesco, this change inevitably happened to occur right before what would have been his 10 year anniversary. The bank will be bring in new leadership soon when Trabuco finally steps down.
Growth was seen in the financial sector, and there is still a change underway that involves Trabuco as well as Lazari. Many bankers are very optimistic of the national economy for 2018 according to meioemensagem.com.br. Inflation that is steady, interest rates that are not too high, and steady GDP growth make a tough argument for change. Lazari stresses how they must continue this current method for success. Certainly, Lazari, as well as Trabuco both remind all that pension reform is important for the overall benefit.
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As explained by Trabuco, the choice of president took months to happen, seeing as there were so many candidates. Ultimately his experience help to increase the leverage of the sole positioning for Lazari. Bradesco even points out the individual merits of Lazari Junior. These are recognized by his companions as mentioned in a statement released by Bradesco. Lazari has experience in the area of credit, where he was responsible for many items. In turn it moved him to higher ranks as he would lead the Bradesco Seguros Group.
Bradesco Seguros made the announcement that it has ended the year 2017 on the upward trend. Revenues in the amount of $76.3 billion Reals means that an increase of 6.8% was seen when compared to the year 2016. A result of such an increase is the company gained a market share of 26%. This happens to be the best percentage of the last few years. Keeping interest rates low, a growing GDP, and ensuring unemployment is under control gives many reasons for optimism. Lazari is staying firm in his goals in regard to the company. Lazari is quoted saying, “We must have a much better year than the years before.”
With his current term finally coming to a close, lets take a look at a few of Luiz Trabuco’s moments with the company as he turns over his title and position to Lazari Junior. He has been the Chief Executive Officer of Banco Bradesco S.A. since 2009 and also served as its Executive V.P.. His duration at this position ends when Lazari Junior begins his new job. He began his professional activities at Bradesco during April of 1969, and has had quite the career in banking over so many years recorded.
For more information about Luiz Carlos Trabuco, just click here.