SHS has a new CEO.

Mr. Nguyen Chi Thanh has been appointed as the General Director and legal representative of SHS Securities, replacing Mr. Vu Duc Tien, who resigned to receive medical treatment.

This decision has just been approved by the Board of Directors of Saigon - Hanoi Securities Company (SHS).

According to SHS, Mr. Vu Duc Tien expressed his desire to resign from his positions as General Director and legal representative to seek medical treatment. Simultaneously, SHS appointed Mr. Nguyen Chi Thanh, Deputy General Director, to replace Mr. Tien.

The change of the company's general director and legal representative will take effect after approval by the Securities Commission.

Mr. Nguyen Chi Thanh, the new General Director of SHS. Photo: SHS

Mr. Nguyen Chi Thanh holds a Master of Business Administration degree from Boston University (USA) and a Bachelor of International Economics degree from the Foreign Trade University of Hanoi. He has over 15 years of experience in the fields of securities, finance, investment, and asset management. He has served as Deputy General Director of SHS since May 2014.

Mr. Vu Duc Tien has nearly 30 years of experience in the financial sector and has been with SHS since its inception. He was appointed General Director in September 2014. During his nearly 10 years as CEO, Mr. Tien led SHS to become one of the top 6 securities companies with the highest charter capital in the market. Even after stepping down as CEO, Mr. Tien continues to serve as a member of the Board of Directors.

In 2023, SHS recorded total revenue of over VND 1,460 billion, a slight decrease compared to the previous year and equivalent to 75% of the plan. Pre-tax profit reached VND 684 billion, nearly 3.5 times higher than in 2022, but only corresponding to 62% of the plan.

The company's total assets at the end of 2023 reached VND 11,457 billion, an increase of 5% compared to the beginning of the year.

Minh Son

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