Luiz Carlos Trabuco Cappi, Details The Retirement Of Lazaro Brandao

Luiz Carlos Trabuco Cappi, the current president of Bradesco has announced the incoming of the new president among many other changes in leadership on the horizon in 2018. Carlos Alberto Rodrigues Guilherme confirmed the newly appointed president Octavio de Lazari Junior, who is currently the Vice President, and will step down from Bradesco’s Executive Board. Octavio de Lazari Junior was not the favorite of the seven Vice Presidents considered for the new position. Octavio de Lazari Junior has a very impressive background and has the confidence of the bank to be able to continue the banks positive projection and withheld its position in the banking sector.

Octavio de Lazari Junior began his career with Bradesco in 1978, and in became the Director in the credit division of Bradesco in 1998. Octavio de Lazari Junior was appointed Director of Loans and Financing in 2010, and was appointed to the Board of Director Officers in 2012. In 2017 Mr. Octavio de Lazari Junior would become Vice President and Chief Executive Officer of Bradesco Seguros (Insurance).

Lazaro Brandao announced his resignation plans to the board and this was confirmed by Luiz Carlos Trabuco Cappi. Lazaro Brandao will be walking away from a 75 year career with Bradesco. Lazaro Brandao served 27 years on the council. With the very long career of Lazaro Brandao, his retirement was expected, however it was not expected to be so soon. Considering the recent acquisition of HSBC by Bradesco, Lazaro Brando extended the presidential age limit from 65 to 67.

Read more: Bradesco to choose board member as new president, says Trabuco

Luiz Carlos Trabuco Cappi, also noted the new Vice President will be Carlos Alberto Rodrigues Guilherme. Carlos Alberto Rodrigues has been working with Bradesco since he was 13 years old. Now that Octavio de Lazari Junior has been appointed Bradesco’s new president, will be removed from the Bradesco’s Executive Body. Luiz Carlos Trabuco Cappi noted they are keeping with the culture of Bradesco, to hire from within and encourage upward mobility.

During the transition period Luiz Carlos Trabuco Cappi will be both the Vice President of the council and Chairmanship of Bradesco’s Board of Directors until the AGO meeting in March. The AGO is the Ordinary General Assembly, and it is during these meetings the new president will be announced. The Central Bank mandates the announcement of the new president be made 30 days before the AGO meeting.

Lazaro Brandao’s resignation will be missed, leaving vacancies in the Vice President of the Board of Directors and the Executive President, suggested Bradesco’s board be extended and there should be serious discussion addressing this, but not at this coming AGO meeting. Lazaro Brandao also stated concerning the current Brazilian economy, is a result of the current political turmoil, and lack of unity according to bradescori.com.br. Lazaro Brandao feels the only way to reform the economic situation is to focus on labor reform, while this is a hard and long road, it is necessary to get back on track.

Luiz Carlos Trabuco Cappi, is more optimistic about the future of the economy in Brazil, and the focus should be on the family. Luiz Carlos Trabuco Cappi also feels the credit sectors in Brazil should improve as a result of the recent increase in Brazil’s GD.

Find more about Luiz 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

Madison Street Capital Wins Advisor of The Year

M&A Advisor declared the recipients of its 16th M&A Advisor Award on Monday, November 13th 2017 at the M&A Advisory Award Gala at Metropolitan Club in New York City. Madison Street Capital was winner of Debt Financing Deal of the Year due to advising the transaction with WLR Automotive. Madison Street Capital won out of over 600 company participants to win the award.

 

 

Madison was also in the finals for the Investment Banking firm of the Year award as well as well as Financial Transaction of the Year Award

 

The M&A Gala is the leading event of the year for the premier M&A dealmakers in the industry. It was held in combination with M&A Advisors 2017 Summit featuring hundreds of the industry’s best M&A specialists participating in private interactive panels led by over 30 media, industry, M&A, media, and academic experts. As well as the announcing of the M&A Advisor Award recipients, Robert Blumenfeld, Executive Director at ACG of New York won the Tom Farrell Memorial Award and Ceasar Anquillare, CEO and chairman of Winchester Capital, won the Leadership of 2017 Award.

 

 

Madison Street Capital isn’t just a multinational investment banking company, its a firm that is devoted to excellence, service, leadership, and integrity in providing corporate financial advising services, acquisition and merger expertise, valuation services and financial opinions to privately and publicly held companies. These services place their clients in a position of success in the international marketplace. While undertaking every new outline, the client’s objectives and goals become of utmost importance. Their services range from successful capital raising and M&A transactions and transfers of ownership to financial advisory. Madison Street Capital sees developing markets as a core element driving global growth in their clients, so they focus major attention on those markets. Their firm earned the confidence of their clients globally due to their unwavering commitment to the greatest levels of industry standards. Madison Street Capital is headquartered in Chicago and has been in operation for over 12 years.

 

Connect with Madison Street Capital’s professional LinkedIn account.

Luiz Carlos Trabuco Cappi’s Tenure Runs Out As CEO Of Bradesco

Recently, Bradesco, the largest bank in Brazil, announced that its CEO, Luiz Carlos Trabuco Cappi, would soon be stepping down from his duties in that role. The move comes amid other major changes at the bank. Longtime chairman of the board Lazaro Brandao has announced that he, too, will be stepping down from his role. Brandao will be permanently leaving the business world.

Trabuco Cappi has been continuing as CEO based on special waivers

At 67 years old, Trabuco Cappi has already exceeding the statutorily maximum age of being CEO by two years. He has been operating on special waivers that were issue directly from Brandao himself. This has occurred as a result of the finalization of the HSBC acquisition, which took place back in 2015 and involved the total acquisition by Bradesco of all of HSBC Brazil’s assets. Trabuco Cappi had a level of knowledge and understanding of the deal that no one else could match. As a result, he was permitted to stay on as CEO while all of the loose ends from the deal were tied.

But now, he will be moving to the role of chairman, replacing the longest-serving chairperson in the country and, possibly, in the world. At 92 years old, Brandao has been with the firm for over 75 years, making him easily one of the most experienced bankers in the country and a difficult person to replace.

But Trabuco Cappi has also been described as someone with an encyclopedic knowledge of the Brazilian financial industry. Like Brandao, Trabuco Cappi has enjoyed an extremely long career with the bank, working continuously there since the end of the 1960s. In a career spanning more than 45 years, Trabuco Cappi has learned nearly everything there is to know about running a large financial institution.

Read more on valor.com.br

Over his tenure at Bradesco, Trabuco Cappi has been in charge of some of the most important departments in the bank, radically expanding the bank’s business and improving the efficiency and effectiveness of its business models.

One of the most important moments of Trabuco Cappi’s career was the 2015 acquisition of HSBC Brazil. The deal was hugely complex, involving an entire legal team and hundreds of people working around the clock on performing due diligence for months. Because of the extreme complexity of the acquisition, Trabuco Cappi was permitted to stay on as CEO longer than anyone else in Bradesco’s history. It was feared that if a new CEO were appointed before the complete integration of HSBC Brazil and all of its assets were completed that the person in charge may end up bungling the integration process due to a lack of first-hand knowledge. For this reason, Trabuco Cappi was allowed to stay on as CEO for two entire years after he otherwise would have been forced to retire.

But now he will be assuming the role of chairman, a position that almost everyone close to the process agrees he will be capable of administering with great effectiveness. In the meantime, he will be in charge of appointing his successor, a process that Trabuco Cappi has said is very important. He has made it clear that he will take his time in deliberating on choosing the next CEO, although he only has until March of 2018 to do so.

Throughout his career, Trabuco Cappi has demonstrated a strong vision and able leadership. He has turned struggling business units into profitable ones and was the single person responsible for likely saving Bradesco from becoming insolvent, with the HSBC acquisition in 2015 according to jusbrasil.com.br. For this reason, it is a good bet that he will prove to be an able chairman.

Learn more about Luiz Carlos Trabuco Cappi: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html