Bradesco Has Announced New Executives, Details Luiz Carlos Trabuco

Bradesco, the financial services conglomerate, established in 1943 by founder and 1st president Amador Aguiar will be appointing the company’s 5th president in the next few months.

Bradesco, always promoting from within and encouraging promotion has announced the new president is the current vice president and chief executive officer of Bradesco Seguros, Octavio de Lazari Junior. Mr. Octavio de Lazari Junior was appointed vice president and chief executive officer of Bradesco Seguros in 2017. Octavio de Lazari Junior 1st year as a board member was in 2012, and two years prior he was the Department Director of Loans and Financing. Octavio de Lazari Junior has also been the Director of Credit and Agency Manager.

Luiz Carlos Trabuco the 4th and current president has said Octavio de Lazari Junior will be officially appointed March 12 2018 during the Ordinary General Assembly (AGO) meeting. Luiz Carlos Trabuco will be ending his presidency of almost a decade and become the Chairman of the Board of Directors.

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Lazaro Brandao has made his retirement official by handing in his official retirement letter. Lazaro Brandao has served on the board for 27 years, and was Bradesco’s 2nd president. Luiz Carlos Trabuco was Entrepreneur of the year in 2015, according to Money Magazine, for closing the largest deal in Brazil for that year for $5.2 billion to acquire HSBC. Luiz Carlos Trabuco, who is 67, two years older than previously allowed to be president was giving two additional years to absorb all the changes experienced during the last years of his presidency.

The appointment of Octavio de Lazari Junior’s appointment will require a new vice president to take his place. Carlos Alberto Rodrigues, a veteran at Bradesco since 13, will be the newly appointed vice president according to g1.globo.com.

Until the Ordinary General Assembly meeting Luiz Carlos Trabuco will be both president and Chairman of the Board.

For more information about Luiz Carlos Trabuco, just click here.

How Texas Bank Association Is Strengthening Community Banking

Community Banking is one of the best forms of modern day in the world today. These banking institutions have come along way over the years and have grown dramatically in size, customers, and services. Community Banking has stepped up it’s game by providing services that match or even surpass much larger national/international styled banking facilities. Every year over the past five years, the banking industry comes together for the Annual Strategic Opportunities and M&A Conference. This conference is a forum of industry leaders, consultants, and advisers whom are sharing their perspectives as well as ideas for the continuing growth of community banking. This year President and CEO John Holt of NexBank Capital served as a guest panelist.

 

This is a great way for exploring strategic opportunities, gathering important information, branching, as well as organic growth. John Holt represented the event very well as a panelist for “Reinventing Community Banking.” NexBank Capital is a local regional banking center out of the Dallas, Texas Area. This financial powerhouse specializes in commercial, mortgage, and investment banking as well as a host of other banking services such as commercial lending, agency services, credit services, treasury management, and public funds.

 

As of 2016, NexBank had an estimated $4.0 Billion in assets. This exclusive financial institution has grown throughout the years and have become one of the top community banking centers in the South. Nexbank has used some of the best innovative technology for staying in this competitive world and many more future endeavors are looking much more promising in the future. Being a part of this exclusive society/line of work has helped these regional facilities by implementing new ideas, techniques for growth, and by staying up-to-date and in the know.