There is no doubt that the banking sector plays an instrumental role in the growth of the state’s economy. It facilitates the circulation of funds into and out of the economy with the aim of developing the country and creating more business opportunities for entrepreneurs and institutions in the financial services industry. Moreover, the banking sector helps in the allocation of monetary resources to different sectors in the country. With that said, it is important to look at one bank called Banco Bradesco as an example of a financial institution that has massively contributed to the development of Brazil’s economy.
First established as a company that would provide financial services to small scale businesses and people who worked in the government, Banco Bradesco vastly developed into an international services provider that accommodates every client from different sectors. Moreover, the owner of the company, Mr. Amador Aguair played a very critical role in the expansion of the company in order to accommodate the rising number of clients who needed financial services and products.
Over the past years that Banco Bradesco has been operating, Amador managed to secure major investment deals with supermarkets and drugstores among others. However, that was not all. He introduced different managerial executives into the institution with the aim of contributing to the growth of the bank.
Growing the Bank
Besides, he decided to allocate different tasks to these leaders. One of these leaders happened to be the famous Luiz Carlos Trabuco Cappi, the man who joined Banco Bradesco without past working experiences from other companies. Even though he was young and inexperienced, he found his way up the ladder of executive leadership thereby coming up with viable leadership strategies that contributed to the growth of the firm.
Since he was working as a clerk, Luiz Carlos Trabuco Cappi was exposed to more leadership roles including managing the administration. It was through the vast skills he displayed while serving that he managed to win the hearts of the board of directors and eventually secure positions as a marketing director, a vice president and later, the CEO.
In all these capacities, Luiz Carlos Trabuco Cappi grew the shares of the bank by attending to clients extensively and making sure that they were satisfied with the services they received. Some of the moves he made and is remembered by include facilitating the acquisition of HSBC, a high-profile banking institution. Apart from that, he introduced a new pension scheme that attracted more clients to Banco Bradesco.
In conclusion, it is right to say that Luiz Carlos Trabuco Cappi has done a great job at growing his career and the bank similarly.