Ricardo Guimares, BMG President Supports National Sports

The president of BMG Ricardo Guimarães is known for many things including being a successful businessman with a soft spot for Brazilian sports. Due to the consistent financial support offered by Ricardo Guimarães to aiding the growth of the country’s sports sector, on April 18 the business tycoon, was awarded the diploma of Honor to Merit at The City Hall.

Councilman, Daniel Nepomuceno from PSB was partly responsible for the president of BGM to receive this accolade due to a recommendation, yet it is impossible to dispute that over the years, the work done by Ricardo Guimarães has spoken great volumes about his dedication to his cause. In 2004, this dynamic business leader had received the Great Collar of Legislative Merit, and he was also a crucial part of assisting the team of Club Atlético Mineiro with funds when the situation was slightly dire and grim. Ricardo Guimarães did not stop here though; he decided to go a step further and funded the construction of the “Rooster” training center which is now considered to be the most equipped center to train athletes.

At the time Ricardo Guimarães was given the diploma of Honor to Merit, Léo Bourgeois from PSDB took a few minutes to express his happiness to pay homage on a personal level to this businessman. On various occasions, Ricardo Guimarães has been referred to as the patron of the national sport, a sponsor who is dedicated to aiding the social development of the country and, being one of the entrepreneurs who has been consistently investing in a significant way to the sports sector.

During the entire ceremony of receiving the diploma to Merit, Ricardo Guimarães stayed humble. He stands by his belief that the tradition was initially started by his grandfather. He also stands strongly with the belief that BMG is the bank that contributes most in funding for the country’s sports division. As a family owned and a privately run financial institution, BMG has been an essential part of the Brazilian financial industry since 1930. The BMG bank has supported a long-standing family tradition of valuing talented sports teams and athletes of the state of Minas Gerais and Brazil. BMG has also offered various types of sponsorship programs over the course of time.

For both Ricardo Guimarães and BMG, support does not end at funding football teams; it also extends to investing in talented Olympic gymnastics teams, versatile tennis players and avid volleyball athletes with an interest to win and make their country proud.


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