Leadership generation transfer: SSI appoints new 8x CEO

Mr. Nguyen Duc Thong will take over the position of General Director of SSI from August 1, 2025. Before joining SSI 6 years ago, the 8x CEO spent many years working at the world's leading financial institutions such as Goldman Sachs, Morgan Stanley...

On July 21, 2025, the Board of Directors of SSI Securities Corporation officially appointed Mr. Nguyen Duc Thong as the company's CEO.

Mr. Nguyen Hong Nam will no longer hold the position of General Director due to the expiration of his term (2020-2025). This will take effect from August 1, 2025.

SSI's new CEO was born in 1988 and graduated with a Bachelor's and Master's degree from Cambridge University (UK). He has 8 years of experience working at major global financial corporations such as Goldman Sachs and was previously appointed as Vice President of Quantitative Investment Strategy at Morgan Stanley.

Mr. Nguyen Duc Thong will assume the position of CEO of the company from August 1, 2025.

In 2019, Mr. Nguyen Duc Thong joined SSI as Director of Derivatives Trading, responsible for developing covered warrant (CW) products.

SSI Securities Corporation is one of the first market participants to launch this product in Vietnam. Before joining SSI six years ago, the CEO, born in the 1980s, had many years of experience working at leading global financial institutions such as Goldman Sachs and Morgan Stanley.

Commenting on this decision, Mr. Nguyen Duy Hung - Chairman of SSI - said that the combination of global intelligence and a deep understanding of the Vietnamese market will help the new CEO lead SSI into a breakthrough development phase.

“This is a strategic choice. And I am ready to directly accompany and support the CEO to successfully complete the task. The appointment of the new CEO reflects SSI's long-term direction in leadership generational transition, aiming to build a team capable of going further and faster in the digital era,” Mr. Hung also emphasized.

According to the separate financial report for the second quarter of 2025, total revenue and pre-tax profit reached VND 2,940 billion and VND 1,144 billion respectively. Estimated consolidated business results for SSI show revenue of VND 3,030 billion and pre-tax profit of VND 1,197 billion.

In the first six months of the year, the company achieved 53.9% and 52.8% of the revenue and profit targets approved by the 2025 Annual General Meeting of Shareholders, respectively.

As of June 30, 2025, the parent company had total assets of VND 90,978 billion and equity of VND 27,687 billion, representing increases of 25.4% and 6.6% respectively compared to the end of 2024.

For the last four quarters, the return on equity (ROE) and return on assets (ROA) at the end of Q2/2025 were 11% and 3.7%, respectively.

Source: https://baodautu.vn/chuyen-giao-the-he-lanh-dao-ssi-bo-nhiem-tan-ceo-8x-d336561.html