Our Board of Directors meets ordinarily is responsible, among others, for defining the strategy and general orientation of the business, and meets ordinarily, once a month, according to the established calendar and, extraordinarily as necessary.
According to our statutes, the Board of Directors must consist of five to nine members, of which two or 20%, whichever is greater, must be Independent Members. The Board Members are elected at the General Shareholders Meetings to two-year terms, with the possibility of re-election, and are subject to dismissal at any time.
Our Board of Directors is currently composed of eight members of whom three are independent members, as shown in the table below:
|Ricardo Annes Guimarães||Chairman||Apr 30, 2020|
|Olga Stankevicius Colpo||Vice-Chairperson (IM)||Apr 30, 2020|
|Ângela Annes Guimarães||Member||Apr 30, 2020|
|Antônio Mourão Guimarães Neto||Member||Apr 30, 2020|
|Dorival Dourado Jr.||Member (IM)||Apr 30, 2020|
|José Eduardo Dominicale||Member||Apr 30, 2020|
|Regina Annes Guimarães||Member||Apr 30, 2020|
|Manuela Vaz Artigas||Member (IM)||Jul 22, 2020|
IM: Independent Member
The term of the Board members extend until the investiture of those elected at the General Shareholders Meeting to be held in 2022.
Ricardo Annes Guimarães: Mr. Guimarães graduated in Business Administration from Una – Faculdade de Ciências Gerenciais in 1988. With extensive experience within BMG and the BMG Business Group, Mr. Guimarães started working at Banco BMG in 1980 and has since been very successful as CFO (1989) and then as Vice President (1996). He served as CEO of the Bank between 2004 and 2013. In 2019, he was elected member of BMG’s Board of Directors and in February 2020 he was elected Chairman of the Board of Directors.
Olga Stankevicius Colpo: Ms. Colpo has a degree in Organizational Psychology, a specialist in Human Resource Management from FGV, as well as in Managing Managers from Michigan University and in International Business from Harvard University. She also holds an International Executive MBA from FIA/USP. She was a consulting partner at PwC, where she worked for more than thirty years, until 2009. From 2009 to 2016, she was the Chief Executive Officer of Participações Morro Vermelho, the Camargo Corrêa Group’s family holding company. As a Consultant, Board Member and Executive, she supported boards of directors and companies in implementing more robust family and business governance models and new business management systems. In April 2017, she became an independent member of BMG’s Board of Directors. In February 2020, she as elected Vice-Chairperson of the Board of Directors.
Ângela Annes Guimarães: Ms. Guimarães has a bachelor’s degree in Social Studies from PUC-MG, has been an executive officer of several non-financial companies belonging to the Guimarães family, a member of the Executive Committee of BMG Financial Companies since 1993 and a member of BMG’s Board of Directors.
Antônio Mourão Guimarães Neto: Mr. Guimarães Neto graduated in Business Administration from Una – Faculdade de Ciências Gerenciais in 1980. He works in the management of agricultural companies of business groups belonging to the Guimarães Family. He has been a member of the Executive Committee of BMG Financial Companies since 1993 and was a member of BMG’s Board of Directors from 1978 to 2011. In 2019, he was elected member of BMG’s Board of Directors.
Dorival Dourado Jr.: Mr. Dorival holds a degree in Business Administration from Faculdade Associadas de São Paulo, specializing in Business Management. He has experience in many companies in the media and financial sector as President and executive positions, such as: Mova Sociedade de Empréstimo entre Pessoas, Vector Inovação e Tecnologia, Boa Vista-SCPC, Experian Global Services and Serasa, among others. In addition, Mr. Dorival has served in several Boards of Directors and Advisory, such as Secretaria de Inovação e Tecnologia da Prefeitura de São Paulo, Semantix Tecnologia S.A., Avante.com.vc Soluções e Participações S.A., ABFintech (Associação Brasileira de FinTechs), Omni Soluções Financeiras and Febraban. He is an angel investor and involved with the innovation and entrepreneurship ecosystem. In April 2020, he was appointed as an independent member of BMG’s Board of Directors.
José Eduardo Gouveia Dominicale: Mr. Dominicale holds a Law degree from Braz Cubas University and an MBA in Management from IBMEC. He gained experience in the credit risk and collection process at several national and international banks, such as Banco Martinelli, BankBoston and CitiGroup. In 2007, he was appointed Executive Director of BMG and in 2015 he left the Bank to become Vice President of the BMG Entrepreneur Group.
Regina Annes Guimarães: Ms. Guimarães has a degree in Tourism from the Faculdade de Turismo de Belo Horizonte, and serves on the Boards of Directors of several of the Guimarães family’s non-financial companies. She has been a member of the Executive Committee of BMG Financial Companies since 1993 and serves as a member of BMG’s Board of Directors.
Manuela Vaz Artigas: Ms. Manuela has a degree in Economics from Universidade Estadual de Campinas (Unicamp), with MBA from Anderson Business School at the University of California Los Angeles, where she graduated as a member of the Anderson Business Society and received the Fred Weston Excellence finance award. Furthermore, Ms. Manuela has solid experience in strategic, organizational and operational issues of national and multinational companies. In July 2020, she was elected as independent member of BMG’s Board of Directors.