VietNamNet Bridge - Three banks with no dong have new CEOs and many other banks have appointed their CEOs. The changes in the banking sector have never been so big.

 

The deputy CEO and deputy chair of the board of directors of Maritime Bank have left for National Citizen Bank (NCB).

Meanwhile, NCB has announced that Tran Hai Anh has resigned from the post of CEO, while Dao Trong Khanh, former deputy head of Maritime Bank’s Board of Directors, has taken the office. The appointment received State Bank’s approval on December 11, 2015.

Khanh was elected to Maritime Bank’s Board of Directors at a bank shareholders’ meeting in February 2012 and then stepped down at the 2015 shareholders’ meeting.

Prior to that, in October 2015, Ta Ngoc Da, who was appointed as deputy CEO of Maritime in May-October after Atul Malik, a foreign CEO left, has unexpectedly joined NCB as deputy CEO.

At Maritime Bank, Da, after several months of taking the bank’s management, was not promoted to the post of CEO as predicted. The bank has decided to choose Huynh Buu Quang, a well-known face from the Hong Kong and Shanghai Banking Corporation (HSBC).

The changes in the banking sector have never been so big.

Nam A replaced its CEO earlier this year, in March. Tran Ngo Phuc Vu stopped working as CEO to become a candidate to Eximbank’s board of directors, while Luong Thi Cam Tu, 35, has been appointed to the post.

In May, An Binh Bank also saw a big change in personnel when the then CEO – Pham Duy Hieu – unexpectedly stepped down for personal reasons. Cu Anh Tuan, who was then deputy CEO, became CEO of the bank. Before joining An Binh Bank, Tuan worked for Techcombank, one of the most prestigious joint stock banks in Vietnam.

Most recently, Eximbank appointed Tran Tan Loc to the post of Acting CEO after Pham Huu Phu resigned from his post. Whether Loc becomes the official CEO of the bank remains questionable as the bank’s extraordinary shareholders’ meeting only takes place in several more days.

Three zero-dong banks, i.e. banks which have been taken over by the State Bank at zero dong, have also seen big changes. As the old managers have been jailed or prosecuted and the banks have been put under special control, changes in the key personnel are a must.

Nguyen Van Tuan, deputy CEO of Vietcombank, has been the chair of the Vietnam Construction Bank (VNCB) since March 2015, when the State Bank bought VNCB and asked Vietcombank, a bank where the state holds the controlling stakes, to take management over VNCB.

The same thing occurred with GP Bank as Pham Huy Thong from VietinBank was appointed to the post of GP Bank after the takeover.

Tri Thuc Tre