SHS has a new general director

Mr. Nguyen Chi Thanh was appointed as General Director, legal representative of SHS Securities, replacing Mr. Vu Duc Tien who resigned due to 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 wishes to resign from his position as General Director and legal representative to seek medical treatment. At the same time, SHS has appointed Mr. Nguyen Chi Thanh, Deputy General Director, to replace Mr. Tien's positions.

The change of general director and legal representative of the company will take effect after being approved by the Securities Commission.

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

Mr. Nguyen Chi Thanh has a master's degree in business administration from Boston University (USA), and a bachelor's degree in foreign economics from Hanoi Foreign Trade University. He has more than 15 years of experience in the fields of securities, finance, investment, and asset management. He has held the position of 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 as General Director in September 2014. In nearly 10 years as CEO, Mr. Tien has brought SHS into the top 6 securities companies with the highest charter capital in the market. Retiring from the CEO position, Mr. Tien continues to serve as a member of the Board of Directors.

In 2023, SHS recorded total revenue of more than 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 equivalent to 62% of the plan.

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

Minh Son

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