Mr. Vu Van Tien takes on the position of Chairman of the Board of Directors of ABBANK

On November 14, 2025, the Board of Directors of An Binh Commercial Joint Stock Bank (ABBANK) issued Resolutions adjusting key Leadership positions of the Board of Directors and the Bank's Executive Board to strengthen the governance foundation and accelerate operational efficiency.

Mr. Le Manh Hung, born in 1979 - was appointed by the Board of Directors to hold the position of Deputy General Director and assigned to assume the duties and powers of General Director of ABBANK from November 14, 2025.

ABBANK's Board of Directors has agreed to adjust senior personnel positions to strengthen the Board's leadership role and optimize the capacity, strengths and experience of staff in the accelerated development phase of ABBANK. Accordingly, Mr. Vu Van Tien takes on the position of Chairman of the Board of Directors and Mr. Dao Manh Khang is Vice Chairman of the Board of Directors. As Chairman of the Board of Directors, Mr. Vu Van Tien will focus on strategic orientation, leadership and comprehensive and regular direction of the Bank's activities.

At the same time, the Board of Directors of ABBANK also agreed and approved the plan to change the position of General Director, in line with the new development stage of the Bank. Accordingly, Mr. Pham Duy Hieu ceased to hold the position of General Director of ABBANK according to his personal wishes and continued to accompany the Bank as a member of the Human Resources Committee and the Sustainable Development Strategy Committee (ESG). Mr. Hieu will focus on training and coaching the team; developing community relations and ESG ecosystem partners in line with the Bank's strategy. Mr. Le Manh Hung, born in 1979, was appointed by the Board of Directors to hold the position of Deputy General Director and assigned to assume the duties and powers of General Director of ABBANK from November 14, 2025. Mr. Le Manh Hung has more than 23 years of experience in the field of Finance - Banking. Previously, Mr. Hung held the position of Member of the Executive Board and Director of ABBANK Wholesale Banking Division since 2017.

The restructuring of senior personnel is carried out in accordance with the provisions of the Law on Credit Institutions 2024 and the ABBANK Charter. This is an important step in the roadmap to strengthen the management, operation, and supervision of the implementation of the Board of Directors' strategy, while maximizing the capacity, experience, and commitment of the key leadership team at ABBANK.

Speaking about the new personnel decision, Mr. Vu Van Tien - Chairman of the Board of Directors shared: "The restructuring of the leadership apparatus this time is part of ABBANK's development strategy, aiming to enhance its position, strengthen strategic management resources; ensure the achievement of development goals in the following years; improve the apparatus' capacity and solidarity and consensus of the team; build a culture and increase appropriate remuneration policies for employees commensurate with operational efficiency. With the spirit of companionship, responsibility and dedication, we believe that ABBANK will continue to promote collective strength, maintain strong growth momentum, and create sustainable value for customers, shareholders and employees."

ABBANK strengthens senior personnel to strengthen management foundation and accelerate operational efficiency

In 2025, ABBANK's operations recorded many positive results, demonstrating the correct decisions of the leadership team and the consensus of the entire system. Specifically, the accumulated profit after tax for 10 months reached more than VND 3,000 billion, completing 167% of the yearly plan; ABBANK also optimized revenue along with effective control of operating costs, bringing the Bank's CIR to below 30% by the end of October 2025. Along with that, ABBANK has been approved by the State Bank of Vietnam to increase its charter capital by more than VND 3,600 billion. The Bank is implementing the final licensing steps to implement the capital increase roadmap, expected in early 2026.

Source: https://thoibaonganhang.vn/ong-vu-van-tien-dam-nhan-vi-tri-chu-cich-hdqt-abbank-173606.html