BMG Continues To Grow Under Ricardo Guimaraes

Flavio Pentagma Guimaraes, a large and successful investor and entrepreneur in mining and agriculture, is the father of Ricardo Guimaraes. Ricardo Guimaraes was born in one of the richest and most powerful families in Minas Gerais. Ricardo Guimaraes is however recognized for his role as the president of BMG bank.

 

Ever since taking over the management of the bank in 1998, Ricardo Guimaraes has shown his great talent of innovation and hard work. He turned BMG bank into the National Loans leader shortly after taking over. The connections and interests of the Guimaraes family in the financial sector date back to the early part of the last century. In 1930, the grandfather to Ricardo Guimaraes, Antonio Mourao Guimaraes, founded the Land Credit Bank.

 

Ricardo Guimaraes’ management has seen the bank come up with a strategy to become a leader in Brazil’s consigned credit monitoring market. The bank’s operations are handled by a lean and efficient team as well as consultants who are spread across the country. BMG’s main focus is offering low-interest credit to an audience whose default level is low. This has worked for the good of the bank, making it the leader in the industry.

 

Apart from running BMG successfully, Ricardo Guimaraes offers sponsorship to various football teams as well as athletes in Brazil. At the moment, BMG is the biggest sponsor of football in Brazil. BMG bank receives good returns from the investments made in the sponsorships. The sponsorships are also functional for BMG in the area of advertising. The bank achieves enormous visibility by stamping its three orange letters in the various clubs it sponsors all across the country.

 

Ricardo Guimaraes’ love for football does not end at the sponsorships and his support for Clube Atlético Mineiro. His love has seen him chair the Alvinegro Mines, a position he took to succeed Nelio Brant. Ricardo managed the club for half a decade before being succeeded by Ziza Valadares. His commitment to the club was exceptional. He assisted the team during difficult times by contributing money from his own pocket. His commitment has earned him a lot of respect a decade after leaving the club, from both the board and the fans.

 

When it comes to the future of BMG, Ricardo Guimaraes continues to bank on firm and strong payroll loans as the main product offered by the bank.

Susan McGalla offers advice to woman in the workplace

Sometimes it’s hard being a woman in the workforce. You don’t want to be treated any differently, but alas most women are confronted daily by their gender in the workplace. Women aren’t looking to be talked down to or, on the other hand, given special treatment.
PRNews released an interview with Susan McGalla in which they asked for her view of women in the workplace. The article states “In the mid twentieth century, only one woman in five worked.” Today, women compose 46.9% of the labor force in the United States. However, only 14.6% hold executive officers.

Susan McGalla, the founder of P3 Executive Consulting, LLC states her opinion on women in the business sector is, “Not to focus on the glass ceiling, but work ethics.” She further advises women to build a network of support and influencers. 

Within the past two-decade women have made progress in the workplace with higher degrees and many have replaced their male counterparts in the workforce.
McGalla is regarded as an expert on branding and marketing. She desires to see talented women in higher positions in the workplace.
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McGalla’s expertise on current issues facing women in the workplace has led to a speaking engagement before the prestigious Carnegie Mellon University Conference for CEO’s.

She offers important tips to women seeking higher positions in the workplace. McCalla advises, “Young women not to be intimidated by the growing cost of a higher education.” She noted, “While there is continued growth in jobs, for many women, it is difficult to advance in the workplace.”

McGalla further states that currently, “Women make up almost half professional workers.” This number should change rapidly,current statistics for college enrollment for females exceeds those of the male population. In the future, woman will have more access to executive positions within companies to meet continued demands for a skilled workforce.
McGalla advises, “Not to reinforce stereotypes, and let your work speak for itself.”
MGalla view, continued confidence, higher education and opportunities for skilled women with work ethics will lead to higher paid positions.
If you’re interested in reading more by Susan McGalla, check out this article: Susan McGalla on being both a woman and a leader