Luiz Carlos Trabuco Is Confident With His Successor’s Capability

The Bradesco Bank of Brazil has at long last publicly broadcasted the replacement of its current president Luiz Carlos Trabuco Cappi, in the person of Octavio de Lazari Junior who at present is the President of The Bradesco Seguros Group. Luiz Carlos Trabuco Cappi will hold the bank’s presidency position until March 12, where a general assembly will be held to formally seal the presidency of Octavio de Lazari Junior.

Octavio de Lazari Junior is one of the vice presidents of Bradesco Bank, and he began working for the institution when he was 15 at a branch located #12 de Outubro Street, a prominent shopping area in Sao Paulo, Brazil. His vision for himself at that time was to be a football player, and he was a rookie for the Palmeiras then. However, he pursued a different path when his father – who was a bank client and a good friend of the branch manager at that time, secured an open position for him.

According to meioemensagem.com.br, Lazari Junior explained that he was given a chance to take a test, which he passed and he was chosen for the vacancy he applied for. And of course during those days he was not aiming to be the president of Bradesco Bank, but the opportunity gave him the leeway to personally improve himself by studying and going through the ranks.

Read more: Bradesco anuncia Octavio Lazari no lugar de Luiz Carlos Trabuco

The Bradesco Bank’s legendary succession and promotion procedure requires that the replacement of any position within the organization will have to come from the rank and file within the financial organization’s current employees. And Octavio de Lazari Junior said that he will do his best to continue the legacy of Lazaro Brandao and Luiz Carlos Trabuco Cappi. To this, his predecessor said that the management knew de Lazari Junior’s name will crop up among the other names for the bank’s presidency, and that he was chosen based on his credentials. Although this does not mean that the other were not fit for the position, however, everybody is chosen based on certain metrics long upheld within the company.

Luiz Carlos Trabuco Cappi like his successor started to work with Bradesco Bank at an early age of 17 as clerk. He is from Marilia, Sao Paulo, Brazil. He studied at the Faculty of Philosophy, Sciences and Letters from the University of Sao Paulo, and had a Social Psychology postgraduate diploma from Sao Paulo’s School of Sociology and Politics.

In 1969 he was employed at Bradesco Bank where he worked his way up throughout his professional life. When he became the bank’s president in 2009, he made a favorable move in 2015 that made Bradesco Bank one of the sturdiest financial institutions in the whole of Brazil. The acquisition of HSBC Brasil was considered one of the most expensive moves that bank has ever done. But it was worth it since after the purchase, the bank was able to garner three times the market share it previously had; and its earnings likewise increased.

Octavio de Lazari Junior as new CEO and Luiz Carlos Trabuco Cappi as new chairman are both optimistic that the bank will see better years in the future with the former’s hand in the lead.

Find more about Luiz Carlos Trabuco: https://oglobo.globo.com/economia/bradesco-anuncia-novo-presidente-octavio-de-lazari-junior-vai-substituir-luiz-carlos-trabuco-cappi-22365414#ixzz56wDld69g

A Look at Highland Capital Management and its Position in the Market

Highland Capital Management, L.P is an investment advisor firm with its headquarters in Dallas, Texas. Since its official unveiling in1997, the firm has managed to consolidate its market presence and has also managed to venture into other regions and markets.

James Dondero heads the company as the co-founder, President, CMA, and CFA. Mark Okada serves as the co-founder, Chief Investment Officer and CFA of the company.

The Highland’s story began in 1990 when Dondero and Okada formed a joint venture with Protective Life Insurance Corporation. In 1993, the venture, then became PAMCO (Protective Asset Management Company). In 1997, the two executives bought the Protective Life Insurance Corporation’s shares on PAMCO and formed Ranger Asset Management, L.P which in 1998 changed its name to Highland Capital Management.

As an investment advisor firm with over 20 years of experience and operations, the firm has managed to help its clients gain value by offering unique products which have a profit potential as well as protecting their clients’ capital.

Over the years, the company has managed to go global and tap into the markets of other regions like Singapore, São Paulo, Seoul, and London. Together with its affiliates, Highland Capital Management is managing $14 billion of its clients’ assets. Highland Capital Management has over 180 highly skilled employees stationed around the world.

The company offers the following services to its clients: collateralized loan obligations (CLOs), Credit hedge funds, distressed equities, specialized private equity as well as credit strategies. Investments such as natural resources and emerging markets form the basis of alternative investments that the firm offers.

Highland has a wide range of diversified clients that includes; endowments, public pension plans, financial institutions, individuals with high net worth, and governments.

Other than investing in the markets, Highland Capital Management also invests in the society and communities where their employees live and work. They tend to make a difference in the society through volunteerism and donation to local communities. Since 2005, the company has managed to make a financial donation of more than $10 million to nonprofit organizations globally.