Luiz Carlos Trabuco Cappi is one of the most dedicated and insightful business leaders in Brazil today. He’s the man partly responsible for the progress and growth of Bradesco today, and without his contribution, Bradesco’s leading position in the competition of big banks in Brazil would have been disadvantageous.
Not Too Complacent
There is much insightful news today regarding Luiz Carlos Trabuco Cappi, but one of the most notable and talked about is his expert opinion of the cyclical economic conditions of Brazil between 2014 to 2016, which was featured in Folha, an online journal.
In that feature, Luiz Cappi shared the opinion that it is too early right now to celebrate the progress and economic recovery of Brazil. The growth and rise right now could still be part of a cycle that would later on dip. He even said that there could still be a resumption of a chicken flight kind of recovery.
The one way that could sustain the progressive economic system of Brazil today, he says, is to make sure that there are reforms initiated to address the incompetence and loopholes in the government according to jusbrasil.com.br. This is, in fact, the conclusion that Luiz Carlos Trabuco Cappi was able to arrive at after the World Economic Forum that happened in Sao Paulo.
Luiz Cappi is the Chairman of Bradesco’s Board of Directors, and his position is a strong authority that could put a lot of weight to his analysis. It is part of his latest analysis, too, that there are still many reasons right now for the business community to not be too complacent. The problem of fiscal deficit in Brazil is still too strong. It risks making the business industry unsustainable, and it opens up the economy to more fragilities.
Being the CEO of Banco Bradesco also means that Luiz Cappi has to oversee the complete turnaround of every tiny change in the business operations of the bank. Bradesco right now is Brazil’s second-largest bank, and because of the recent fiscal challenges that Brazil is facing, Mr. Cappi has to make sure that it doesn’t become complacent, too.
It should also not celebrate too much the recovery that Brazil faces today. It should still be a bank that helps in reforming the policies in the public sector to encourage accountability in private firms.
The urgency of these reforms should not also be underestimated. Mr. Cappi thinks that the reforms should now be initiated, as early as the first year of the next government year. In light of this, Mr. Cappi thinks that there should be a Pension Reform because it is not fair that the public elite is getting 10 to 15 times higher in pension compared to the majority. The private sector employees are even getting inferior pension arrangements today, and that surely is something that has to be resolved.
In conclusion, there are many challenges that Brazil faces, but these are not reasons to lose hope. Luiz Carlos Trabuco Cappi leads in the optimism to not lose hope in getting Brazil back to its best years.
Check more about Luiz Carlos Trabuco Cappi: http://www.valor.com.br/financas/5153264/bradesco-novo-presidente-saira-do-corpo-executivo-afirma-trabuco