Banks' senior management see major changes

May 2nd at 21:33
02-05-2023 21:33:49+07:00

Banks' senior management see major changes

Senior management in the banking industry has changed continuously since the beginning of 2023.

Vietcombank's employees during working hours at its office. — Photo courtesy of Vietcombank

In April, many big names in the sector announced changes to their Boards of Directors.

SHB Bank, Vietcombank and An Binh Commercial Joint Stock Bank (ABBank) made a significant change to the positions of Vice Chairman and General Director on April 12.

A senior manager at SHB said that thanks to the growth in employees during 2022–2027, the Board of Directors of SHB is being revitalised with employees who have been and are directly involved in bank operations for many years. This is a crucial consolidation stage to fulfil SHB's development requirements.

Agribank also nominated three Deputy General Directors in April: Phung Thi Binh (Head of Credit Appraisal and Approval Committee), Hoang Minh Ngoc (Gia Lam Branch Manager), and Le Hong Phuc (Hai Duong Province Branch Manager).

After the nomination, its total number of Executive Board members is ten, of which Pham Toan Vuong serves as General Director.

At MB Bank, Luu Trung Thai was appointed Chairman of the Board of Directors for the remainder of the 2019-2024 term. In the meantime, Pham Nhu Anh is the Deputy General Director in charge of the Executive Board.

Asia Commercial Joint Stock Bank (ACB) also nominated Do Minh Toan and Nguyen Van Hoa to the Board of Directors. Since then, the Board of Directors has grown to nine members, including one independent member. Tran Hung Huy continues to serve as Chairman of ACB's Board of Directors from 2023 to 2028.

The General Meeting of Shareholders of Lien Viet Post Commercial Joint Stock Bank on April 23 elected the Board of Directors and Supervisory Board for the fourth term (2023-2028).

The National Bank (NCB) announced the decision to appoint Ta Kieu Hung as General Director on April 21.

The changes in senior bank management are expected to continue in the coming time, such as HDBank's plans to hold a shareholder meeting on April 26 to approve the dismissal of Nguyen Thi Tam, a member of the Board of Directors and the election of Pham Quoc Thanh to the Board of Directors for the term 2022-2027.

Along with the change in senior management, other positions inside the bank have been continually recruiting after Lunar New Year 2023. There are currently 275 job openings on the VPBank website, over 200 at VietinBank, and 110 at VIB.

Navigos Group predicts the demand for human resources in the finance and banking industry will rise more in the coming years. As a result, the industry landscape attracts the interest of younger employees. 

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