One of the important contents just approved at the 2025 Annual General Meeting of Shareholders (AGM) of Prosperity and Development Joint Stock Commercial Bank (PGBank) is the election of the Board of Directors for the new term 2025-2030.

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 Pham Manh Thang - who owns 5% of PGBank's charter capital, has withdrawn from the Board of Directors for the new term.

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

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
New Chairwoman of PGBank Board of Directors, Ms. Cao Thi Thuy Nga. Photo: PGBank.

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

Ms. Nga was born in 1958, and was 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, has held the following positions: Director of Region 4, then Director of Direct Sales Channel of Personal Customers - VPBank; Director of Retail Banking at OCB Bank; Deputy General Director in charge of Retail Banking at OCB. Mr. Huong is currently General Director of PGBank.

Mr. Vuong Phuc Chinh, born in 1975, previous positions: Director of Region 3 - Region 1, Techcombank; Regional Director, Sales and Service - VPBank; Regional Director, Sales and Service - SeABank.

Mr. Dinh Thanh Nghiep, member of the Board of Directors, used to be the Director of Dong Thap Muoi Commercial Joint Stock Bank - the predecessor of PGBank. After the transformation into an urban commercial joint stock bank, he has been a member of the Board of Directors at PGBank since then.

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

Previously, PGBank nominated Mr. Vu Tuan Anh, CEO of Thanh Cong Infrastructure and Services Company. 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 of 4 members, including 3 members from the previous term: Mr. Tran Ngoc Dung (Head of the Board), Mr. Trinh Manh Hoan and Ms. Ha Hong Mai. The additional member elected for the new term is Ms. Dinh Thuy Tram.

PGBank currently has a charter capital of VND4,200 billion. According to the plan, in 2025, this bank will increase its charter capital to VND10,000 billion through the method of offering shares to existing shareholders and issuing shares to pay dividends.

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

Banks review customers likely to be affected by US tariffs The bank has reviewed the list and customers likely to be affected by US tariffs, but the direct impact is not large as the outstanding debt of customers exporting goods to this market accounts for less than 1.5% of total outstanding debt.

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