A few weeks ago, Lazaro De Mello Brandao, president of Bradesco Bank located in Brazil, called Luiz Carlos Trabuco Cappi into his office. Luiz thought this was just a random visit, but it was much more important. Lazaro told Luiz he will be resigning, and he gave Luiz the job of telling this to the press.
With hundreds of news reporters around him, Luiz Carlos Trabuco Cappi explained that Lazaro De Mello Brandao was going to resign. Luiz elaborated on the fact that Lazaro just celebrated his 91st birthday and wants to retire. When asked who the new CEO would be, Luiz stated he did not have knowledge of this. Moreover, Luiz explained Lazaro’s internal promotion system. Lazaro promotes employees from the company to hire positions. Lazaro has never brought someone from outside the company to fill an important position in the bank.
Luiz Carlos Trabuco Cappi was just informed that he will become the next CEO. Luiz had to back before the press and make this astonishing announcement. Luiz stated he does not feel worthy of being promoted to this position. He thanked Lazaro for all he has done for him up to this point, and Luiz stated Lazaro was more like a father to him than a boss. Luiz also pointed out several of the achievements of Lazaro during his time as president of the bank.
In a written letter to the Bradesco Bank board, Lazaro De Mello Brandao stated it is time for him to spend the rest of his time on this earth with his family. Lazaro is almost 92 years old, and he hopes to still enjoy life before it passes him. In addition to this, Lazaro also stated that Bradesco Bank will benefit from someone younger, and he made immediate mention of Luiz Carlos Trabuco Cappi. The bank board contacted Lazaro and thanked him for his service, and they also told him they will honor his request and appoint Luiz as the next CEO.
Luiz Carlos Trabuco Cappi has worked for Bradesco Bank for nearly 50 years. Luiz finds it amazing he started as a volunteer and is now becoming the CEO. After volunteering, Luiz became a clerk, and he soon after became part of the Bradesco Bank marketing team. After serving almost 20 years on the marketing team and obtaining three college degrees, Luiz Carlos Trabuco Cappi was named vice president of the bank.
Luiz asked Lazaro why his resignation was so sudden. Lazaro stated he wants the new CEO to be part of the annual Shareholders Conference. This conference is in just a few short weeks. After the annual Shareholders Conference, Luiz will have to choose a vice president for Bradesco Bank. Until that time, Luiz Carlos Trabuco Cappi will hold the title of president and vice president. Much like Lazar, Luiz is planning on promoting someone who works for the bank. Lazaro was pleased to hear this, and Lazaro is confident Luiz will do an outstanding job as CEO of Bradesco Bank.
Find more about Luzi Carlos Trabuco Cappi: http://www1.folha.uol.com.br/mercado/2017/10/1926243-proximo-presidente-do-bradesco-saira-da-diretoria-do-banco-diz-trabuco.shtml