OCB dismisses Deputy General Director.

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

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

OCB has dismissed Mr. Bui Thanh Trung from his position as Deputy General Director in charge of the Currency and Investment Business Division.

Mr. Bui Thanh Trung was appointed Deputy General Director in charge of the Currency and Investment Business Division effective July 28, 2022. He holds a Bachelor's degree in International Economics from the Foreign Trade University and has over twenty years of experience in the banking and finance sector.

He has held numerous senior positions such as Deputy General Director in charge of Financial Markets - Standard Chartered Bank Vietnam Co., Ltd.; Head of Financial Markets Business - Standard Chartered Bank Vietnam Co., Ltd.; Sales Dealer - Standard Chartered Bank Vietnam Co., Ltd.; Assistant Director - Sojitz Vietnam Co., Ltd.

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

Recently, OCB also held its 2024 Annual General Meeting of Shareholders. According to the published documents, the bank's General Meeting of Shareholders approved the 2024 business plan with a 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 General Shareholders' Meeting also approved a plan to increase its charter capital by VND 4,618 billion, including an increase of VND 4,109 billion through the issuance of shares to pay dividends to existing shareholders at a rate of 20%, an increase of VND 50 billion through the issuance of shares under the employee stock option program (ESOP), and an increase of VND 8.8 billion through a private placement of shares .

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