One of the important items approved at the 2025 Annual General Meeting of Shareholders of Prosperity and Development Commercial Bank (PGBank) was the election of the new Board of Directors for the 2025-2030 term.

Mr. Pham Manh Thang, Chairman of the Board of Directors for the 2020-2025 term and owner of 5% of PGBank's charter capital, has withdrawn from the new Board of Directors.

Vice Chairman of the Board of Directors Dao Phong Truc Dai, a person with ties to Thanh Cong Group , is also no longer a member of PGBank's Board of Directors.

The Board of Directors for the 2025-2030 term consists of 5 members, including two completely new faces: Mr. Nguyen Van Huong - General Director and Mr. Nguyen Van Ty - representative from Thanh Cong Group.

Ms. Cao Thuy Nga.jpg
The new Chairwoman of the Board of Directors of PGBank, Ms. Cao Thi Thuy Nga. Photo: PGBank.

The new Chairwoman of PGBank's Board of Directors, Ms. Cao Thi Thuy Nga, has many years of experience in the banking and securities sectors.

Ms. Nga, born in 1958, previously served as Deputy General Director of MBBank , Chairwoman of the Board of Directors of MB Securities Company, Head of the Supervisory Board of MB Securities Company, and Member of the Board of Directors of Vietnam Business Consulting and Connection Joint Stock Company.

Mr. Nguyen Van Huong, born in 1980, previously held positions such as: Regional Director 4, then Director of Direct Sales Channel for Individual Customers - VPBank; Director of Retail Banking atOCB Bank; and Deputy General Director in charge of Retail Banking at OCB. Mr. Huong is currently the General Director of PGBank.

Mr. Vuong Phuc Chinh, born in 1975, has held the following positions: Director of Region 3 - Zone 1, Techcombank; Regional Director, Sales and Services Division - VPBank; Regional Director, Sales and Services Division - SeABank.

Mr. Dinh Thanh Nghiep, a member of the Board of Directors, previously served as the Director of Dong Thap Muoi Commercial Joint Stock Bank - the predecessor of PGBank. After its transformation into an urban commercial joint stock bank, he has held the position of Board Member at PGBank ever since.

Mr. Nguyen Van Ty, an independent member of the Board of Directors, was born in 1957. Mr. Ty has been an investment specialist at Thanh Cong Group since 2007.

Previously, PGBank included Mr. Vu Tuan Anh, CEO of Thanh Cong Infrastructure and Services Company, in its list of nominees. However, on April 22, Mr. Tuan Anh withdrew from the list of candidates for the PGBank Board of Directors for the 2025-2030 term due to personal reasons.

The General Meeting of Shareholders also elected a new Supervisory Board for the new term, consisting of 4 members, including 3 members from the previous term: Mr. Tran Ngoc Dung (Chairman), Mr. Trinh Manh Hoan, and Ms. Ha Hong Mai. Ms. Dinh Thuy Tram was elected as an additional member for the new term.

PGBank currently has a charter capital of VND 4,200 billion. According to the plan, in 2025, the bank will increase its charter capital to VND 10,000 billion through a share offering to existing shareholders and the issuance of shares as dividend payments.

As of March 31, 2025, there were 3 institutional shareholders owning 5% or more of PGBank's charter capital, including: Cuong Phat International Joint Stock Company, the largest shareholder with 13.54%; Vu Anh Duc Trading Joint Stock Company with 13.36%; and Gia Linh Import-Export and Trade Development Company Limited with 13.1%.

The bank is reviewing customers potentially affected by US tariffs . The bank has reviewed its portfolio and identified customers potentially affected by US tariffs, but the direct impact is not significant as outstanding loans to customers exporting to this market account for less than 1.5% of total outstanding loans.

Source: https://vietnamnet.vn/tan-chu-tich-pgbank-cao-thi-thuy-nga-la-ai-2394812.html