OCB dismisses Deputy General Director

Orient Commercial Joint Stock Bank (HoSE: OCB ) has just announced a personnel change. Specifically, the bank dismissed Mr. Bui Thanh Trung from the position of Deputy General Director in charge of the Monetary and Investment Business Division.

The reason for dismissal is based on Mr. Trung's request to terminate his labor contract. The dismissal decision takes effect from April 17, 2024.

OCB dismissed Mr. Bui Thanh Trung from the position of Deputy General Director in charge of Monetary Business and Investment.

Mr. Bui Thanh Trung was appointed as Deputy General Director in charge of the Monetary and Investment Business Division from July 28, 2022. He graduated with a bachelor's degree in Foreign Economics from the Foreign Trade University with more than twenty years of experience in the field of banking and finance.

He has held many senior positions such as Deputy General Director in charge of Financial Markets - Standard Chartered Bank Vietnam Limited; Head of Financial Markets Sales Department - Standard Chartered Bank Vietnam Limited; Dealer Sales - Standard Chartered Bank Vietnam Limited; Assistant Director - Sojitz Vietnam Company Limited.

According to OCB's 2023 management report, at the end of the year, the bank's Board of Directors had a total of 6 members, with Mr. Nguyen Dinh Tung as the General Director. Thus, after Mr. Trung's dismissal, the bank's Board of Directors had a total of 5 members.

Recently, OCB also held the 2024 Annual General Meeting of Shareholders. According to the published documents, the bank's General Meeting of Shareholders approved the 2024 business plan with the target of total assets of VND 286,562 billion, an increase of 19% and pre-tax profit of VND 6,885 billion, an increase of 66% compared to last year.

The bank's shareholders' meeting also approved a plan to increase charter capital by VND4,618 billion, including an increase of VND4,109 billion through the issuance of shares to pay dividends to existing shareholders at a rate of 20%, an increase of VND50 billion through the issuance of shares under the employee stock option program (ESOP) and an increase of VND8.8 billion through the issuance of individual shares .

Source: https://www.nguoiduatin.vn/ocb-mien-nhiem-pho-tong-giam-doc-a659343.html