SACOMBANK appoints Loic Faussier as deputy CEO to strengthen risk management capabilities

SACOMBANK appoints Loic Faussier as deputy CEO to strengthen risk management capabilities

Saigon Thuong Tin Commercial Joint Stock Bank (SACOMBANK) on March 27 announced the appointment of Loic Faussier as deputy chief executive officer, in charge of risk management, legal, and compliance.

Nguyễn Đức Thụy, CEO of SACOMBANK (R), congratulates Loic Faussier on his new appointment at SACOMBANK. — Photo courtesy of the bank

The appointment underscores SACOMBANK’s strategic direction to attract senior executives with extensive international experience, particularly in risk management and compliance – key pillars for accelerating the completion of its restructuring scheme, strengthening its financial safety foundation, and advancing towards high-quality, sustainable, and resilient growth.

Born in 1972 in France, Faussier holds a degree in economics from Paris Panthéon-Assas University and two master’s degrees in finance and business law.

With more than 27 years of experience, he has held senior leadership roles at major financial institutions and banks across France, Hong Kong (China), Japan, and Việt Nam. His previous positions include director at HSBC Vietnam, deputy director of HSBC Japan, deputy CEO of Vietnam International Bank (VIB), CEO of Southeast Asia Commercial Joint Stock Bank (SeABank), and senior advisor to the executive board of Fortune Vietnam Joint Stock Commercial Bank (LPBank). He also worked at Citibank Paris and served as deputy financial attaché at the Commercial Section of the French Embassy in Beijing.

With his appointment, SACOMBANK’s board of management now comprises of 12 members, with Nguyễn Đức Thụy serving as chief executive officer.

Alongside strengthening its leadership team, SACOMBANK has been implementing various initiatives to modernise and enhance the flexibility of its operating model. The bank has streamlined its structure to nine business divisions, adopted a vertical management model since January 22, 2026, and is optimising its front-to-back workforce structure to an 80:20 ratio to improve operational efficiency and support sustainable growth.

In addition, SACOMBANK continues to leverage its extensive network of more than 535 transaction points across Việt Nam, Laos, and Cambodia, along with four subsidiaries operating in specialised financial sectors. The bank also maintains correspondent relationships with 9,734 agents from 404 banks in 104 countries and territories, providing a solid foundation for international payments, trade finance, and cross-border transactions. 

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