Luiz Carlos Trabuco Capp Is An Expert Businessperson
Banks make a lot of money. People who work for banks make a lot of money, too. As one might imagine, competition between financial institutions is objectively high. Despite the fact that working at banks is stressful because succeeding is so difficult, Luiz Carlos Trabuco Cappi has worked for Banco Bradesco for nearly 50 years!
What has he done throughout this period? Too many things to list. However, the past few years haven’t been as ordinary as others; as a matter of fact, Mr. Trabuco has been part of more things in recent years than he usually is. Let’s explore a few things that have taken place since Luiz Carlos Trabuco Cappi’s bid as Banco Bradesco’s chief executive officer have ended.
Itau Unibanco takes first place, Cypriano gone, Trabuco in
Throughout the final few decades of the 20th century, Banco Bradesco has been the largest in Brazil. As years have edged closer to modern times, Bradesco has dropped out of first place down as far as the fourth-largest bank in the country.
In March 2009, chief executive officer Marcio Artur Laurelli Cypriano had unwillingly resigned because he reached the age limit of 65. At that time, Luiz Carlos Trabuco Cappi was promoted from the role of president at Bradesco Seguros, an insurance company that Banco Bradesco gets most of its revenue from – usually roughly 30 percent.
Shortly after being crowned the replacement of Cypriano, Luiz Carlos Trabuco Cappi formed a “university” within Banco Bradesco that helped employees hone their skills. While not a traditional university, the training still helped improve Banco Bradesco as a whole even better than if every employee were to enroll in a traditional four-year college or university.
Big things poppin’, little things stoppin’
In 2015, Luiz Carlos Trabuco Cappi was the first to contemplate the potential purchase of another bank in Brazil. Not long after it first popped to mind, Mr. Trabuco thought that HSBC Bank could be the best chance at buying another bank’ assets for years to come.
Lazaro de Mello Brandao, former chairman of Bradesco, approved the $5.2-billion purchase in 2015.