The event attracted various politicians and members of the public. Ricardo is the grandson of Antonio Mourao Guimaraes and the son of Flavio Guimaraes Pentagna. He has been working at BMG since 1980 when he was recruited as an office assistant. Ricardo graduated from UNA in 1988 with an undergraduate degree in business administration. Currently, he is the president and heir of Banco de Minas Gerais, a position he has held since 1998. Guimaraes attributes his career success to the hard work ethic that was passed to him by his grandfather and father. This information was originally reported on Dino as posited in the link below
Ricardo has impeccable administrative skills that have seen made BMG to be the leader in payroll loan and credit services. The bank has shown growth by focusing much on clients having a low default rate. The firm has ventured into sports sponsorship as a marketing tactic. It is well known that Ricardo’s love for football led his sponsoring of Atletico Mineiro club. Being a football fanatic, Ricardo knows that sports have lucrative financial returns. This information was reported on Noticias R7.com.
Atletico Mineiro is not the only club that has been sponsored by BMG. Ricardo took the opportunity to sponsor teams that show future prospects. Majority of the teams that he has sponsored are competitors in the Brazilian Championship series. The teams that have been sponsored by BMG include Sao Paulo, Vasco, Atletico MG, Coritiba, America MG, Cruseiro and Flamengo. BMG acts as a financier during hiring of players. It also provides equipment and uniform with the banks logo printed in bold colors. Besides investing in national football, Ricardo is also involved in a number of sports like athletics. This information was originally mentioned on esporte.com.
Ricardo is also an analyst. Recently, he commented on China’s GDP for 2016. China recorded an economic growth of 6.4%. Ricardo applauded the efforts made by the country but added that the growth rate should not be the only objective. He urged the country to make sure that employment, inflation and income levels remain balanced. Guimaraes has also been quoted talking about the benefits that the annual growth rate will do for the country. He disagrees with some economists that have expressed their fear for inflated Chinese government estimates.