Luiz Carlos Trabuco Cappi was nominated for the presidency of Bradesco Bank. Trabuco was born in the year 1951 in the city of Marilia in Bradesco. He, later on, graduated from the Faculty of philosophy, science, and letters of the University of Sao Paulo. Come 2009, he managed to take over as its president and eventually saved it from its rival bank Itau Unibanco.
Although it is a challenge when choosing a president in Bradesco headquarters, Mr. Luiz Carlos Trabuco Cappi broke the barrier and took the front line in the dispute. This made history as none of the previous chosen presidents have ever achieved such a feat. He seems to have succeeded even the former president Marcio Cypriano together with Lazaro Brandao who is currently serving as the commander of the board of directors.
According to reports from of his interviews, the president is looking forward to fulfilling his obligations towards the municipalities. He, therefore, ruled out a run for the first place for the banking rankings. Mr. Luiz Carlos Trabuco Cappi, later on, purchased the HSBC Brazilian branch in 2015. After approval from the bank’s chairman of the board, he had to part ways with a whopping $5.2 billion in order to settle the acquisition. Afterward, this enabled the bank of Bradesco to re-engage in the battle for leadership with the private sector, with a view to recover its previous defeats. For these reasons, the market shares of Bradesco and HSBC led to much success in various ways to the bank. The collaboration of the two banks while under Luiz Carlos Trabuco Cappi elevated the Osasco’s Banco status de Deus to defeat Itau Unibanco. Itau Unibanco was defeated in various sectors such as; branch network, the number of account holders, and total investment funds.
Luiz Carlos Trabuco Cappi was a successor of Cypriano who retired after he turned 65. During his retirement era, Bradesco bank was faced with many challenges that were not easy to tackle. This forced the board to renew its command as the companies leadership was at stake. According to Luiz Carlos Trabuco Cappi, the possession of the HSBC enabled Bradesco to achieve an organic growth within a short period. The purchase is, however, yet to be approved by regulatory agencies. Bradesco market seemed to be rising rapidly, and due to its promising characteristics, Luiz Carlos Trabuco Cappi’s determinations were recognized by the DINHEIRO Agencies, and as a result, he was chosen as the financial entrepreneur of the year.
Despite the lack of growth options in the country, Mr. Luiz Carlos Trabuco Cappi is always striving for higher market leadership skills in order to avoid any possible losses to Bradesco. The Brazilian authority has endorsed his persistence and achievements. Throughout his leadership, there has been positive change of results compared to the past. Mr. Luiz Carlos Trabuco Cappi is impressed with his industry’s success and has hopes that the government will understand its role in the modern society.
Currently, Mr. Luiz Carlos Trabuco Cappi is the head to New Fenasaude and is also serving at the Institute of supplementary health service as the Fenaseng board member and its vice president. Luiz Carlos has had a long and successful professional career that is marked by various organizations such as; the Presidency of Bradesco Vida e Previdencia SA, National Financial Marketing Commission of Febraban, and the International Association of Economics Studies Of Insurance, in Geneva among others. Mr. Luiz Carlos Trabuco Cappi experience at Bradesco since 1969 enabled him to learn all the tricks as he slowly graduated to the top seat. His leadership has, to-date, contributed much to the bank’s development and prosperity.
Find more about Luiz Carlos Trabuco Cappi: http://www.tostoadv.com/bradesco-quer-mudar-regra-para-trabuco-ficar-no-cargo/