Luiz Carlos Trabuco Passes The Torch To Banco Bradesco’s New CEO

Banco Bradesco SA has kept their promise to announce the company’s new chief executive officer before Carnival. During the first week of February, Banco Bradesco made the announcement that they would be appointing Octavio de Lazari Junior as the bank’s new CEO. Lazari is currently the president of the Bradesco Seguros group, a position which he intends to maintain after his appointment as CEO.

Additionally, Lazari currently serves as one of Banco Bradesco’s vice presidents. Lazari will continue to serve as a vice president until his appointment as the chief executive officer on the 18th of March. He has worked with Bradesco for almost 40 years, since the age of 15. His contributions toward the continuing success of Bradesco have been significant, and from his new position as the bank’s chief executive officer, it’s likely that he will continue to push Bradesco toward success.

Bradesco’s Executive Structure Prepares for Major Changes
Lazari is being appointed as CEO in conjunction with the first meeting of Banco Bradesco’s new board of directors according to The new board will be decided upon during the upcoming shareholder’s meeting, and they will refer to Lazari’s appointment. However, until the first meeting of the new board, when Lazari is appointed officially, he will remain in his current position, with Banco Bradesco’s current chairman, Luiz Carlos Trabuco, continuing to work under his prior role as the company’s acting chief executive officer.

Read more: Bradesco anuncia Octavio Lazari no lugar de Luiz Carlos Trabuco

A number of other changes to the executive management structure are also in the cards for Banco Bradesco SA. In conjunction with other events relating to Lazari’s appointment as CEO, a few of the company’s current staff will be given the position of vice president and will be added to the board of directors, in order to provide them with further opportunity to push Bradesco towards continuing success. According to, the bank’s new vice presidents are Domingos Figueiredo de Abreu, Josué Augusto Pancini, Maurício Machado de Minas, and Alexandre da Silva Glüher. However, not everyone agrees with this power-shift, and, following the announcement that Lazari would be made Bradesco’s chief executive officer, Aurelio Conrado Boni, one of the current board’s members, has announced his intentions to resign from his position on the board.

Luiz Carlos Trabuco
Luiz Carlos Trabuco is the acting CEO of Banco Bradesco until Lazari is properly appointed this March. His primary role within the company is as chairman of the board. Following the retirement of the bank’s previous chairman, Luiz Carlos Trabuco was immediately appointed to the position. Before that, he worked as the CEO of Bradesco, being appointed to the position in 2009. Before he was the CEO, he served Bradesco as their executive vice president. However, his career with Bradesco first began 49 years ago, in the spring of 1969. Since he first joined the company, he’s moved up the executive ladder from the bottom rung, and in the process, has helped the company reach unparalleled heights. He was educated at the University of Sao Paulo, and also holds a post-graduate degree from USP’s School of Sociology and Politics.

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