When the BMG Bank, a renowned bank institution in Brazil, that has already formed thousands of contracts and is in the industry for decades, decided to form a Join venture with another national bank institution, Bank Itau, many businesspeople were asked about their opinions on the future of that relationship and the changes that it represents for the country.
In the field of credits, Itau and BMG are hiring executives to improve their reach and to have more professional options for clients that are looking for the best credit plans and loans.
The Pentagna Guimarães family, a very important family in Brazil that is relevant in the banking industry because of their ownership of the BMG Bank, stated their opinions and decisions on the matter.
Flávio Pentagna Guimarães, one of the most successful entrepreneurs in the banking industry and President of the BMG network and of the board of directors of the company, decided that the role of the presidency would be better fit for another businessman, Alcides Lopes, which has already assumed that role since the decision taken in 2012.
Ricardo Guimarães, from the Pentagna Guimarães family, is also one of the most successful people in the business, and is also one of the youngest businessmen to have reached his position. Ricardo Guimarães is currently leading the business together with the fellow entrepreneurs of his family, and the BMG Bank, under his role, is achieving impressive results in the face of the competition. The man used to be the Executive President of the BMG Bank Corporation before passing it down to another man of trust, which has been with the bank for years and has proven to be a great ally of the family: Antonio Hermann.
Right now, Ricardo Guimarães is the CEO of the bank, and is currently one of the strongest and wealthiest entrepreneurs of his age. The BMG bank has quickly achieved many deeds with Ricardo in the role of Chief Executive Officer and Antonio in the role of Executive President of the corporation, but the roles have already switched quite a number of times.
The success of the bank in Brazil is legendary as it is one of the oldest banks in the nation and is still rivaling other big banks like Bradesco and Itau.
The BMG Bank has already tackled the business of other countries as well, not only the banking industry of Brazil. They have reputation even outside the Brazilian territory.