Military Bank MB Bank launches new Board of Directors and Supervisory Board

At the General Meeting of Shareholders (GMS) for the 2024 - 2029 term held by the Military Commercial Joint Stock Bank (MB) on the morning of June 15, members of the Board of Directors (BOD) and the Supervisory Board (BOS) for the 2024 - 2029 term with 11 members of the BOD (including 01 independent member) and 05 members of the BOS of MB were elected and introduced to the General Meeting.

The General Meeting of Shareholders (GMS) for the 2024 - 2029 term was held by the Military Commercial Joint Stock Bank (MB) on the morning of June 15.

After completing the candidate selection procedure and reporting to the State Bank for approval of personnel to elect members of the Board of Directors and Supervisory Board for the 2024-2029 term as prescribed, MB submitted to the General Meeting of Shareholders for the 2024-2029 term for approval of the number and conducted the election. The elected personnel of the Board of Directors and Supervisory Board of MB are highly qualified, prestigious and experienced in business administration and management, meeting the requirements of MB governance according to high standards, sustainable development, ensuring the interests of MB shareholders. The selection also ensures diversity in experience, age, gender; independence, inheritance as well as meeting appropriate standards of political qualities, ethics, lifestyle, working style and culture at the Bank.

The Board of Directors consists of 11 members (01 independent member)

04 members inherited from the 2019 - 2024 term were elected to the Board of Directors for the 2024 - 2029 term:

Trusted by shareholders and the Board of Directors, Mr. Luu Trung Thai was re-elected as Chairman of MB.

Mr. Luu Trung Thai (Chairman of the Board of Directors for the 2019-2024 term) was elected by the General Meeting of Shareholders as a member of the Board of Directors with the highest percentage of votes. On the same day, Mr. Thai held the first meeting of the Board of Directors for the 2024-2029 term, and was elected by the Board of Directors to continue as Chairman of the Board of Directors of MB for the new term .

Ms. Vu Thi Hai Phuong (Vice Chairwoman of the Board of Directors for the 2019 - 2024 term) was re-elected as Vice Chairwoman of the Board of Directors for the new term . In addition, 02 members of the Board of Directors for the 2019 - 2024 term will continue to participate in the Board of Directors for the new term: Ms. Vu Thai Huyen and Mr. Le Viet Hai.

07 new personnel joined the Board of Directors, most of whom are 8X generation personnel, including:

Mr. Pham Nhu Anh - General Director - has been with MB for 19 years, has a lot of experience in banking business management and achieved excellent results. He was a member of the Executive Board (BOD) in charge of the Large Customer Block (CIB) and business activities in the Southern region - units that always exceed the plan, bringing efficiency to MB. In 2023, Mr. Anh was appointed by the Board of Directors as General Director, operating MB to complete the business tasks assigned by the General Meeting of Shareholders in 2023.

Mr. Pham Nhu Anh - General Director of MB at the Congress this morning

Mr. Vu Thanh Trung - Member of the Board of Directors - has been with MB Group for 14 years. He has extensive experience in the fields of investment and retail, and is in charge of key Divisions/Agencies of MB. Mr. Trung is a key person in the process of making MB a pioneer bank in digital transformation, with a customer base among the top in the recent period. On the same day, Mr. Trung was elected by the Board of Directors as Vice Chairman of the Board of Directors for the 2024 - 2029 term, expected to strengthen and expand MB's international cooperation and business.

Ms. Nguyen Thi Hai Ly - Head of Financial Investment Department - Military Industry and Telecommunications Group ( Viettel ) - has spent 26 years in key management positions at Viettel such as: Head of Construction Investment Department, Financial Investment Department of Viettel Group; Deputy General Director, Vice Chairman, Chairman of Viettel International Investment Corporation... Ms. Ly was elected by the Board of Directors as Vice Chairman of the Board of Directors for the 2024 - 2029 term, and is expected to promote and expand the cooperation and business activities of MB and its member companies (CTTV) in the fields of combination with telecommunications, information technology, development of telecommunications-linked products...

The new term of the Board of Directors of MB Bank Military Bank was introduced at the Congress this morning.

Mr. Pham Doan Cuong has 20 years of experience working at Viettel with many years of experience in the group's important foreign markets. He was the Deputy General Director of Viettel Digital Services Corporation (Viettel Digital) and a key person in Viettel's mobile-money field, and is believed to support MB in technology development and digital transformation.

Mr. Vu Xuan Nam is the youngest member of the MB Board of Directors in this term, with 13 years of experience in management positions, in charge of the investment sector of Vietnam Helicopter Corporation. He is believed to promote cooperation and business between MB Group and Vietnam Helicopter Corporation in the fields of: transportation/aviation services, oil and gas, mechanics, commercial flights/ tourism , etc.

Ms. Hoang Thi Thu Hien has many years of experience in the fields of finance, accounting, and investment of Tan Cang Saigon Corporation and its subsidiaries. She also has experience in the banking sector when working at the Bank for Foreign Trade of Vietnam. Ms. Hien is expected to promote cooperation and business relations between Tan Cang Saigon Corporation and MB Group in the fields of: seaports, shipping, shipping services, logistics, shipbuilding, etc.

The independent member of the Board of Directors is Mr. Hoang Van Sam - Doctor of Economics - with in-depth knowledge of economics and economic law, 32 years of experience in the field of management, financial supervision, state management and a deep understanding of MB, meeting the standards of independence as prescribed.

The structure of the Board of Supervisors for the 2024 - 2029 term includes 05 members.

03 personnel inherited from the previous term were elected to the new term including:

Ms. Le Thi Loi - PhD in Economics - (Head of the Supervisory Board for the 2019 - 2024 term) was elected by the General Meeting of Shareholders with the highest percentage of votes; and was elected by the Supervisory Board as Head of the new term in the first meeting on the same day.

In addition, the General Meeting of Shareholders elected Ms. Nguyen Thi An Binh - Doctor of Economics - and Ms. Do Thi Tuyet Mai to continue participating in the new term of the Board of Supervisors (Ms. Binh was elected by the new term of the Board of Supervisors to continue as Deputy Head of the Board of Supervisors).

The new Board of Supervisors includes 02 personnel:

Ms. Nguyen Thi Nguyet Ha has 22 years of experience in the banking sector and 19 years with MB. She has held management positions and Director of MB Internal Control and Audit Division. Since 2019, she has been Head of MB Internal Audit, an advisory body to MB's Supervisory Board and has led the MB Internal Audit Department to many high achievements in its operations.

Mr. Do Van Tien has 32 years of experience in the banking sector. Mr. Tien is a person with many years of experience in managing and operating bank branches; has in-depth knowledge and experience in MB's credit approval activities.

MB appoints 02 members of the Executive Board

After the end of the Board of Directors' term 2019 - 2024, Ms. Nguyen Thi Ngoc and Ms. Nguyen Thi Thuy were trusted by the Board of Directors and appointed to the position of MB Board of Management Members. With many years of management experience, the addition of 02 new Board of Management Members will strengthen the management and operation system, enhancing MB's ability to implement the Strategy in the new period.

It is known that in the period of 2024 - 2029, MB's Board of Directors is determined to achieve the goal of digital transformation to become a "Digital Enterprise, Leading Financial Group", prioritizing the development of sustainable development goals, consolidating the quality of all aspects of operations, investing resources, and foundations for long-term development strategies. MB will continue to adhere to the Strategic goals for the period of 2022 - 2026, focusing on building a Digital Corporate Culture, thoroughly and creatively applying effective working methods. Position MB in the Top 3 in terms of efficiency and safety indicators; scale and pre-tax profit indicators strive to be higher than the industry average.

PV