Techcombank CEO steps down

Jan 20th at 08:15
20-01-2016 08:15:08+07:00

Techcombank CEO steps down

The Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) announced on January 19 that Murat Yuldashev has resigned as chief executive officer and will leave Techcombank on March 1.

Techcombank plans to appoint Nguyen Le Quoc Anh as the new deputy general director to maintain the bank's business activities. He will be in charge of Techcombank's operation until the bank has a general director.

Yuldashev had been working for Techcombank for three years and took

over as the chief executive officer for a year. He had completed a Master's degree in Physics at Kazakhstan's Almaty Kazakh National University and spent a decade studying science before shifting to banking and securities investment. He garnered significant business experience in Kazakhstan, Turkey and old Eastern European countries later.

Quoc Anh has been Techcombank's head of strategy and corporate development division since May 2015. He has held senior positions in large organisations in the United States including T- Mobile US, Wells Fargo Bank, Nissan USA, and Fortress Investment Group.

In 2015, Techcombank estimated VND2.03 trillion in pre–tax profit (US$90.38 million), which exceeds the bank's target of VND2 trillion ($89.04 million).

bizhub



NEWS SAME CATEGORY

HDBank reports 2015 results

The HCM City Development Bank (HDBank) on January 18 announced its deposits have grown 19 per cent to over VNÐ82 trillion (US$3.7 billion).

Tax perks stimulate Nidec projects

The Vietnamese government has just granted preferential corporate income tax of 10 per cent for Nidec Corporation’s three investment projects in Saigon Hi-Tech...

Market ready for Fintech

Vietnam is emerging as a hotspot for UK financial technology firms.

Dai-ichi Life Vietnam to increase its chartered capital to $100 million

Dai-ichi Life Vietnam has officially received the amended license issued by Ministry of Finance, approving the company to increase its chartered capital from $72...

World Bank arm guarantees loans for Viet Nam

The Multilateral Investment Guarantee Agency, the political risk insurance and credit enhancement arm of the World Bank Group, announced its support to the Hoai...

New exchange rate policy reduces dollar speculation

The new exchange rate management policy has helped reduce the US dollar speculation in the domestic market, an official said at an online discussion yesterday.

BIDV enters top global companies list

The Bank for Investment and Development of Viet Nam (BIDV) features in Global 2000, a list of the world's largest and most powerful enterprises selected by American...

SeA Bank provides electronic tax payment

The Southeast Asia Commercial Joint Stock Bank (SeABank) has signed a corporate agreement with the General Department of Viet Nam Customs to provide electronic tax...

Dollar still preferred despite zero rate

Cutting the dollar-denominated interest rate may reduce foreign currency speculation in theory, but in reality it requires more than just this monetary tool to...

Dong devaluation fears dampened secondary bond market in 2015

The total value of traded bonds and bills in the secondary market in 2015 via outright and repo transactions was VND930,495 billion (USD42.5 billion), up by only...

Bank stocks

Insurance stocks


MOST READ


Back To Top