Ricardo Guimaraes is a financial management guru born in Brazil from a well of family. His father was called Flavio Pentagma Guimaraes who was an entrepreneur while his grandfather was referred to as Antonio Mourao Guimaraes who founded Land Credit Bank in 1930. The bank dealt with offering affordable loans especially to peasant farmers of Brazil back then. The bank was later renamed BMG. With a dream to succeed the family’s business, Ricardo studied finance and management in college. After completion, he joined Banco, BMG in 1998. He first worked as the chief financial officer but late became the vice president of the firm.
Later long, in 2004, he was appointed the president and the chief executive officer of BMG. He is one of the most famous CEOs in the world with the reputation of success. His prowess in the banking industry has seen BMG make a tremendous improvement over the years. The strategies and policies he has implemented have steered the firm to become one of the wealthiest banks in the world, asset based and client wise. In Brazil, the bank has a share of eighty percent in the market. This a clear sign that BMG is an economic giant in matters banking. He has revolutionized the banking industry in Brazil and has outdone the competitors in various aspects.
Ricardo’s strategic management has made simple but effective strategies in the long run. Corporates are of going concern and therefore, Ricardo has laid strategies that has made BMG to become an economic hub in the region. Strategies such as profitability and a large asset base have attracted customers and investors to the firm. These strategies builds trust and confidence to the stake holders and create a risk free business deals.
The bank also specifies in personal loans such as payroll loans. The payroll loan product has earned huge interest to BMG that has seen it soar to the heights. With a customer base of so many clients, this reflects that personal loans earn a lot of interest to the bank. To reach more customers, the bank has over three thousand branches and over five thousand agents that work under the name of BMG.
Ricardo is endeared by the people of Brazil for his generous nature in giving back to the society. He supports farmers and promotes agriculture without reservation. Ricardo also sponsors youth in matters education, talents and a mentor to many youths and investors. He is an enthusiast of football and has seen him become a manager of a football club for five years. He sponsors football teams in Brazil such as Santos where many football stars natured their talent.
A leader leads and lives by example. Ricardo is a man to reckon, his impactful values has great importance to the people of Brazil. http://blog.dino.com.br/?page_id=291?title=ricardo-guimaraes-do-bmg-e-homenageado-pela-camara&releaseid=74560&partnerid=78
Marcio Alaor is a seasoned and successful banker, being the Vice President of Banco BMG. BMG is the one of the largest and most successful banks in Latin America. Mr. Alaor has displayed his exceptional administration skills in the development of strategies that have seen the bank experience exponential growth over the years. He is also a good leader. He leads a team of lean and efficient bankers who work tirelessly to make the bank the national leader in the provision of payroll loans. Mr. Alaor has also been involved in various key milestones that the bank has achieved.
During Marcio Alaor’s tenure, Banco BMG got into a partnership with Banco Itau. This partnership saw the formation of a new bank, Itau BMG Payroll. This bank will operate exclusively in the provision of discounted payroll loans and will allow BMG to continue its operations as it currently is. According to Mr. Alaor, the partnership will see a new segment open up for BMG. He also expressed optimism that the market is huge as the bank will provide finance for employees in private companies.
Marcio Alaor is also quite vocal on economic matters around the world. Mr. Alaor points out Australia as an isolated case in the economic instability that has rocked the world. Data recently released shows that Australia’s economy grew by 2.5% in the third quarter of the year 2015, meaning that the close of the year will see 2015 as the 25th consecutive year that the country has evaded a recession. Marcio Alaor recalls the shrinking of Australia’s economy in the 90s when the world was going through a period of intense volatility
Marcio Alaor, a director at BMG Bank, took a look at the stocks of various automakers. He goes on to point out General Motors as the first company to go public on the stock exchange. GM completed 100 years of its IPO, whose current market value is $53.52 billion. Ford’s IPO took place in 1956 with an equivalent of $600 million, according to Mr. Alaor. Initial Public Offering is a process that sees a private company start trading its shares publicly.
Marcio Alaor describes Jean Claude as an individual who is genuinely enthusiastic of the brand and also as one who is in control of the shares of the company. Jean Claude is the CEO of Tag Heuer, one of the largest watch makers in the world. Tag Heuer recently announced Tom Brady as its new ambassador. According to Marcio Alaor, Tom is one of the most popular athletes in the U.S.