A recent transfer of power has led to changes at the international giant, Bradesco Bank SA. Based in Brazil this bank has been an important part of the global economy for sometime. Under the leadership of Lazaro Brandao they have scaled to become the second largest bank in Brazil. This feat is accompanied by a recent merger that included more than five billion dollars worth of retail centers distributed by HSBC Bank. Since there are so many unique standards of operation that have guided the establishment of this organization, it is clear that they have continued to grow and reshape the way that they have been established. These changes contribute greatly to the way that the organization has been able to identify itself among the competition.
Brandao has been the President for more than twenty five years. His long time at the company shows that there is a consistent attention to detail when ti comes to promoting from within. This trend will continue in the new appointments that are set to take place. Presently, Luiz Carlos Trabuco has been identified as the successor for Lazaro Brandao. This decision is based on his excellent track record and contributes throughout the position of CEO. He has created steadfast changes that are influential on multiple levels and have contributed to the current state of operations at the Bradesco Bank overall. Luiz Carlos Trabuco has shown that he is capable of the responsibilities that are associated with leadership and is a great addition to the upper level management infrastructure of this organization.
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Since Trabuco cannot hold the position of both President and CEO it is becoming increasingly important that he is able to find the successor. While Brandao is stepping down from the position as President he will continue to maintain authority over the holding companies that own the organization. Therefore, Luiz Carlos Trabuco may also play somewhat of a role in the way that the CEO is selected.
Luiz Carlos Trabuco’s excellent leadership will be followed by one of the most remarkable executives that is presently working at Bradesco. It is clear that seven executive candidates in particular have been identified in the process of evaluating potential clients. Nevertheless it is possible that these candidates bring different skill sets that may work with future challenges of the bank in unique ways. The selection process has been difficult because of the fierce competition and high level of talent presented by all individuals. The decision is to be announced in March regarding the shift of power.
Some of the candidates have been at the company for years too. Mauricio Machado de Minas is one example, and has been serving int he information technology department to a great degree according to economia.estadao.com.br. His precise attention to detail as well as interest in the overall standards of operation present in digital currencies has made him a forerunner for the position. Not only has been able to facilitate change but he has made a big difference in the way that organizations are able to support digital transactions. These changes are instrumental and speak to the way that he can address novel problems while effectively implementing solutions.
Another candidate, Alexander Gluher has been an important part of the overall organization. His management techniques and strengths can be seen in the way that the organization handled their recent multi billion dollar acquisition of the HSBC retail centers. By using his resolute skills and creating meaningful relationship throughout this process it is evident that Gluher has the skill sets and know how to make a real difference. His familiarity with the current acquisition as well as well known presence also make him a great candidate.
Learn more about Luiz Carlos Trabuco: http://www1.folha.uol.com.br/mercado/2017/10/1926427-sucessao-no-bradesco-vira-alvo-de-aposta.shtml