For any business to succeed, change must be embraced by the employees and the leaders alike. For instance, if the business is in a fast-moving environment, then change is one aspect that the company must incorporate for it to be successful. Therefore, companies should embrace rather than deny change and its impacts because of the importance it injects into the organization. Speaking of which, Banco Bradesco has recently been subjected to tremendous changes and transitions especially now that the president resigned in October 2017. This is how it all began;
The Resignation of Brandao de Mello
Like any other day, the employees of Banco Bradesco reported to work with the expectations of attending to their daily businesses. However, this time they were shocked to receive news about the resignation of their president, Mr. Brandao de Mello according to folha.uol.com.br. For that reason, Brandao de Mello issued a press release regarding his decisions to step down immediately. Surprisingly, his intentions were appended to the fact that he had been of service to the bank for decades. According to him, he had served long enough to allow someone else, perhaps a younger leader to take over. Therefore, Brandao de Mello stepped down and left the leadership mantle for one Luiz Carlos Trabuco as the chairman. However, there were strict rules linked to his resignation. For starters, he said that it was critical for the management to uphold internal recruitment. Moreover, he added that the board of directors must choose an individual who was already familiar with the leadership roles of the banking institution.
Now that Luiz Carlos Trabuco had been serving at the bank since his teenage years as clerk, it was time for him to showcase his prominent leadership roles by stepping into Brandao de Mello’s shoes. Moreover, being the energetic face of the organization, he has led the bank for decades and played an instrumental role in the development of viable strategies that have since worked for the growth of Banco Bradesco. Besides, being the chief executive officer, Luiz Carlos Trabuco prides himself on being the strategic partnership team leader who chairs the acquisition of many shares within the banking institution. Other than that, Cappi has a clean track record of excellent leadership. For that reason, he has always been trusted with sensitive leadership roles like being the head of the finance department.
Octavio de Lazari is Introduced
Likewise, Octavio de Lazari, the new president, has been very instrumental in chairing the bank through various projects related to the finance department. As such, his election to replace Luiz Carlos Trabuco genuinely rooted from his commitment and dedication to growing the banking institution through his remarkable contribution to the employees. For instance, having joined the bank as a young office boy, he garnered vast experience in finance. Therefore, he was empowered to serve in different jurisdictions.
There have been a lot of questions regarding the direction that the bank is set to take eventually. For instance, since there is a new president, employees have been wondering if any leader can fit Brandao de Mello’s shoes. Well, since Octavio and Carlos Trabuco have been serving for more than 4 decades, it is only natural for them to help each other through leading by example. It is given that Banco Bradesco will still maintain a viable platform for its clients.