In all probability, today’s organizations are challenged by the ever-increasing demand to change. This need to change is propelled by competition, the development of new products, services, emerging markets, emerging technology in addition to the prerequisite to nurture people skills in order to deal with the arising challenges.
Not long ago, Banco Bradesco was subject to tremendous changes; the president of the company Mr. Brandao de Mello stepped down for a relatively younger individual to take over. Citing his reasons voluntarily, he confirmed that he had worked for Bradesco long enough to allow a different person to inject a new wealth of knowledge into the accounts. This change has since impacted the manner in which the company is presently controlled.
Upholding Leadership Values
While stepping down, Brandao appointed Luiz Carlos Trabuco to serve as the president for the time being. When asked why he selected Carlos Trabuco, he cited that he has vast experience in leadership and the management of the bank. Therefore, he was in a better position to step in until the board of directors held their annual general meeting to elect a new leader.
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Electing a New President
In March 2018, the board of directors assembled to elect a new president. As Luiz Carlos Trabuco puts it across to the media, the election was complicated as almost all the proposed candidates had relevant academic credentials alongside the required expertise to manage the bank. Nevertheless, Octavio de Lazari’s resume was more convincing as he had worked long enough to garner sufficient managerial and people skills. Without a doubt, he was the perfect choice for the job. Effective immediately, Octavio started serving as the president. Because he is the vice president as well, he now holds two positions at the bank.
The Other Side of the Coin
On the other hand, Luiz Carlos Trabuco is chanting his way up the leadership ladder as the chairman of Banco Bradesco. As usual, he dedicates his time and resources to developing aggressive policies with the most recent one being pension reforms. According to him, this policy should be passed before the general elections to have a smooth transition. Just like before, Carlos is fighting for his clients by advocating for better pension policies at Banco Bradesco.
Regarding the new changes, employees and clients have questioned the direction that Banco Bradesco will take henceforth. To answer this question, Luiz Carlos has insisted that there is tremendous growth to look up to as the institution will absorb new managerial skills from Octavio de Lazari. Aside from that, there is the impending adjustment of policies that he must oversee. Therefore, it is relevant to conclude that his presence in the bank is highly required as he shall be working closely with Octavio to oversee the successful transition of Bradesco.
Outlining his Roles and Contribution
Luiz Carlos Trabuco was just a teenager when he joined Bradesco being a clerk. Because he was an ambitious individual, he dedicated his life to serving clients in the institution. Therefore, he was in a position to efficiently dispense excellent services to clients. Since he registered excellent service delivery accompanied by positive client reviews, the board of directors elevated him to serve as a senior executive. Until now, he upholds the values bestowed in him by his mentor, Brandao.