Lazam (Brazil) Continues Growth Strategy

04 May 2009

Appointed CEO in June 2008, Eduardo Bom Angelo (photo) continues to pursue Lazam's growth in the hyper-competitive Brazilean market.
The two recent acquisitions of ADD Makler and Miral were of substantial scale, effectively doubling Lazam's business volume which now stands at around R$ 600 million. In terms of clients this means around 500 corporate clients, 8.500 medium and small companies and 700.000 insured. Lazam's first quarter results show a healthy 10% increase over the previous year.
Investment is not limited to new acqusitions, however, but also goes into management processes, technology and staff training.