Luiz Carlos Trabuco Cappi is the sitting president and CEO of Banco Bradesco. Banco Bradesco is one of the largest banks in South America based in Brazil. He was elevated to the position of the presidency of the bank following the resignation of Lazaro de Mello Brandao last year. Luiz Carlos Trabuco Cappi will be the president of Banco Bradesco up to 2019. The next CEO of the bank will be known this year in March. The current Banco Bradesco president and the CEO is the first person in the history of the bank to hold both positions. The bank leadership regulatory policy does not allow a person to keep two jobs at the same time. The bank will be expected to reveal the name of the new president in March 2018.
The leading Banco Bradesco bank has a culture of hiring staff to hold the top position within it. It has never employed workers from outside as they prefer to promote from within the bank especially when it comes to those who hold the senior ranks. The bank has a large pool of talented people who likely will be appointed to the position of the presidency. The term limit age for the presidency of the bank is 65 years. The retirement age was extended from 65 years to 67 years in recent years to provide for a gradual transition of power. The president and the executive officers are expected to retire at the age of 65 years otherwise.
Mr. Luiz Carlos Trabuco Cappi is one of the most experienced people in the Banco Bradesco banking institution. He has the experience and skills to make the bank compete successfully with other dominant world banks. Luiz Carlos Trabuco Cappi is a graduate of the University of Sao Paulo. He graduated with a post-graduate degree in sociology as well as in politics. He also graduated with a multiple degrees in the Philosophy, Languages, Sciences and Arts from the same place.
Mr. Luiz Carlos Trabuco Cappi has held several top leadership positions while working at the bank. He began his career in April 1969 at Bradesco Bank. He has sat on different Boards of Directors too. Luiz Carlos Trabuco Cappi was a member of Management Board at ArcelorMittal Brasil S.A. He was also the Managing Director of Banco Bradesco SA in March 1999. He worked as an Internal Director of Banco Bradesco S.A, Director, of Bradespar S.A, Director of Grupo Bradesco Seguros from March 2003 as well as other notable positions. From 2009 to May 2010, Mr. Luiz Carlos Trabuco was the Non-Executive Director of Banco Espirito Santo SA.
Luiz Carlos Trabuco Cappi has served as the CEO, Chairman, vice president and president in the different departments at the Bradesco Bank. In 1999, he became the CEO of Bradesco Providencia Seguros SA. He also served as the deputy president from March 1999 in the same department. In 1994 to 2000 Mr. Cappi was the president of ANAPP. The current president of the Banco Bradesco also served as the member of the managing board for the Brazilian Association of Listed Companies in 2000 to 2003. Since March 2003 he was the president of Grupo Bradesco Seguros. On December 23, 2009, he held the position of the Chairmanship and Director of Odontoprev S.A. Also, Mr. Luiz Carlos Trabuco Cappi served as the CEO and the Executive Deputy President of Banco Bradesco S.A.
Mr. Luiz Carlos Trabuco Cappi has faced significant challenges to maintain the legacy of the Bradesco Bank. The bank has almost 27 million customers. The current president is expected to deal with new issues of digital literacy transactions.