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Mr. Duong Van Bac was appointed Deputy General Director of Novaland Group.

Báo Đầu tưBáo Đầu tư06/09/2024

On September 6, Novaland Group announced Resolution of the Board of Directors No. 37/2024-NQ.HĐQT-NVLG on appointing Mr. Duong Van Bac to the position of Deputy General Director concurrently holding the position of Chief Financial Officer of Novaland .

Mr. Duong Van Bac.

Since August 2023, Mr. Duong Van Bac has held the position of Chief Financial Officer of Novaland and has demonstrated outstanding efforts, management and governance skills, especially during the period of comprehensive restructuring at the Group. In the financial sector, with close guidance from the Board of Directors of Novaland Group, Mr. Bac has led the team to achieve many favorable results, notably the successful restructuring of most of the current debts, including foreign debts, domestic debts and bond debts; at the same time, he has optimally arranged new capital sources to restart projects with legal qualifications such as NovaWorld Phan Thiet, NovaWorld Ho Tram, Aqua City and many projects in Ho Chi Minh City. Based on Mr. Bac's continuous efforts, important contributions and leading leadership spirit, the Board of Directors of the Group has decided to appoint him as Deputy General Director and Chief Financial Officer of Novaland. The addition of senior leaders with sufficient capacity, qualities and working effectively, honestly and professionally will help the Group implement plans and strategies in the next stages. Mr. Bac graduated with a Master's degree in Finance and Banking (MEBF) from CFVG, he has more than 17 years of experience in the fields of finance and real estate, with expertise and strengths in valuation, capital mobilization and investment activities. He has held many senior management positions in the fields of finance, M&A and real estate project development. In the current challenging context, Novaland focuses on implementing and completing key projects, achieving the goal of handing over 2,600 products in the last 6 months of 2024. The Group also continuously negotiates with banks and financial institutions to mobilize new capital sources, while simultaneously coordinating with localities to remove obstacles and complete the legal procedures of developing projects, as well as preparing land funds to anticipate the market from 2026 onwards. Source: https://baodautu.vn/ong-duong-van-bac-duoc-bo-nhiem-chuc-pho-tong-giam-doc-tap-doan-novaland-d224201.html

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