VNDirect once again 'changes positions' for Chairman and CEO.

VNDirect Securities Joint Stock Company (VND) has just announced the dismissal of Mr. Nguyen Vu Long from the position of Chairman of the Board of Directors. Mr. Long will return to the position of General Director.

Meanwhile, Ms. Pham Minh Huong – the "leading lady" of VNDirect – has stepped down from her position as General Director and returned to the position of Chairwoman of the Board of Directors. The decision is effective from September 18th.

Earlier in late April, VNDirect Securities dismissed Ms. Pham Thi Huong from her position as Chairwoman of the Board of Directors. Ms. Huong then moved on to assume the position of General Director of the securities company.

Mr. Nguyen Vu Long replaced Ms. Huong at that time. Prior to that, Mr. Long held the position of Acting General Director.

Thus, after nearly five months, the two leaders have once again switched positions.

Ms. Huong has been the Chairwoman of the Board of Directors of VNDirect since the company's establishment in 2006. She has nearly 30 years of experience in the banking and finance sector.

According to VNDirect's 2022 corporate governance report, Ms. Huong directly holds 35.92 million VND shares, equivalent to 2.95% of VNDirect's charter capital.

Meanwhile, Mr. Long has been with VNDirect for 8 years, holding various positions. He officially assumed the position of Acting General Director on November 22, 2021, and was elected as a Member of the Board of Directors at the 2022 Annual General Meeting on April 25, 2022.

Regarding business performance, in the first six months of 2023, VNDirect recorded operating revenue of VND 2,878 billion, a decrease of 20% compared to the same period last year. Net profit after tax reached VND 561 billion.

At the close of trading on September 19, VND shares were priced at 24,750 VND per share.

In another development, Ms. Vu Nam Huong, Chief Financial Officer and Legal Representative, sold all 728,000 shares. The transaction was executed through order matching, from September 11th to September 13th.

A series of high-level personnel changes at Loc Troi, PNJ, Bamboo Capital, and Sasco: Many large businesses in the retail, agriculture , aviation, and real estate sectors have recently undergone significant changes in their senior leadership positions.

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