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Wave of changes in banking "hot seats"

Changes in senior personnel at many banks took place strongly before and after the 2025 general meeting of shareholders season of this industry.

Báo Đầu tưBáo Đầu tư29/12/2024

Change CEO

The Board of Directors of Sacombank has approved the decision to dismiss Ms. Nguyen Duc Thach Diem from the position of General Director (continuing to hold the position of Permanent Vice Chairman of the Board of Directors) and appoint Mr. Nguyen Thanh Nhung as Acting General Director. Previously, Ms. Diem sent a farewell letter to staff after nearly 8 years as General Director of Sacombank.

“Today, I say goodbye to the position of General Director - the person who directly steers the ship of operations to focus on planning a new direction for Sacombank with the members of the Board of Directors: Safety - Efficiency - Sustainability in the post-restructuring period,” Ms. Diem wrote.

In nearly 8 years under Ms. Diem's ​​management, Sacombank has made a spectacular comeback with impressive growth in business indicators. Specifically, in the period 2016 - 2024, total assets increased by more than 125%, loans increased by 169%, total mobilization increased by 121%, pre-tax profit increased from 156 billion VND to more than 12,270 billion VND.

Acting General Director - Mr. Nguyen Thanh Nhung is a new factor at Sacombank, expected to inherit the achievements and lead Sacombank to continue to develop safely - effectively - sustainably, moving forward steadily on the restructuring journey. With more than 30 years of experience in key areas related to banking, Mr. Nhung has affirmed his management capacity through many important positions such as Deputy General Director of Eximbank and General Director of VietBank.

Meanwhile, at HDBank , Mr. Nguyen Huu Dang was recently appointed as General Director, and Mr. Pham Quoc Thanh (acting General Director) will hold the position of Vice Chairman of the Board of Directors for the 2022-2027 term from May 2025. The personnel adjustment is part of HDBank's plan (to build the HD Financial Group model - a multi-functional, modern and sustainably developed banking and financial group according to the 5-year strategy 2025-2030).

Previously, on February 25, 2025, the State Bank approved the appointment of Mr. Vu Quoc Khanh as LPBank's General Director. On the same day, LPBank's Board of Directors met and agreed to appoint Mr. Khanh as CEO from February 25.

At the extraordinary general meeting of shareholders on March 7, 2025, Vietcombank elected Mr. Le Quang Vinh, Deputy General Director in charge of the Executive Board, as a member of the Board of Directors for the 2023-2028 term, and dismissed Mr. Nguyen My Hao, who had retired under the regime. On the same day, the bank also announced the decision to appoint Mr. Le Quang Vinh as General Director, the decision taking effect within 5 years from March 7, 2025.

"Hot" presidential seat

Not only did they replace senior executives, some banks also changed the "hot" seat of the Chairman of the Board of Directors. At the 2025 Annual General Meeting of Shareholders, PGBank elected 5 members of the Board of Directors. The members of the Board of Directors held their first meeting and elected Chairwoman of PGBank's Board of Directors, Ms. Cao Thi Thuy Nga, and Head of the Supervisory Board, Tran Ngoc Dung.

Meanwhile, after the 2025 Annual General Meeting of Shareholders, the Board of Directors of Eximbank for the 2025-2030 term held its first meeting to elect positions and assign specific tasks. Accordingly, Mr. Nguyen Canh Anh will continue to hold the position of Chairman of the Board of Directors for the 8th term (2025-2030), concurrently as the Legal Representative of Eximbank from April 29, 2025; 2 members of the Board of Directors are Ms. Do Ha Phuong and Mr. Pham Tuan Anh; 2 independent members of the Board of Directors are Mr. Hoang The Hung and Ms. Pham Thi Huyen Trang.

When the 2025 Eximbank General Meeting of Shareholders took place, the market was abuzz with information that Mr. Pham Tuan Anh, who has worked at Gelex for 26 years and is the former Chairman of the Board of Directors at many member companies in the Gelex system, would take the "hot" seat as Chairman of Eximbank. Gelex is currently a major shareholder owning 10% of Eximbank's capital.

Eximbank's Executive Board has 7 members, including Mr. Nguyen Hoang Hai as Acting General Director, along with 6 Deputy General Directors. Eximbank's Supervisory Board for the 8th term (2025 - 2030) met and agreed on the structure and positions of the Supervisory Board, with Mr. Nguyen Tri Trung as its Head.

A financial and securities expert said that changes in senior personnel at banks could directly affect the stock prices of these banks. However, financial and securities analysts said that by focusing on sustainable development strategies and restructuring activities, banks will continue to achieve positive results in the coming years.

Source: https://baodautu.vn/lan-song-thay-doi-ghe-nong-ngan-hang-d289600.html


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