BMG Names Hermann Chief Executive Officer, Estado Says

Brazilian lender Banco BMG SA named Antonio Hermann its chief executive officer, replacing Ricardo Guimaraes, O Estado de S.Paulo reported, without saying where it got the information.

BMG also named Alcides Tapias its chairman, O Estado said.

A press official for BMG declined to comment on the report when contacted by Bloomberg News.

To contact the reporter on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulos@bloomberg.net

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