Before this year’s shareholder meeting, many banks had decided to replace key staff.
On March 13, in Hanoi, Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) held a public announcement of personnel decisions for the position of BIDV’s board of directors and decisions on appointing personnel of deputy general director of BIDV. Accordingly, BIDV’s Board of directors announced that Le Kim Hoa (Deputy general director of BIDV) and Tran Xuan Hoang (Deputy general director of BIDV) were unanimously elected to hold the positions of BIDV’s Board of directors for tenure from 2017 to 2022.
BIDV had also announced the decisions to appoint Phan Thanh Hai (Head of Wholesale Banking Division and director of BIDV Large Business Banking Department), Hoang Viet Hung (Director of BIDV’s Personnel Department), Nguyen Thi Quynh Giao (Director of BIDV in Hanoi branch) and Tran Long (Director of BIDV in Ha Thanh branch) held the position of deputy general director of BIDV. The term of office was five years from March 12, 2020.
With the decision to add new senior personnel, BIDV’s Board of directors currently included Phan Duc Tu as Chair and nine members. BIDV Management Board was composed of Le Ngoc Lam, deputy general director in charge of the Management Board, and 11 members.
Also, on March 13, Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank) announced the dismissal of the general director for Nguyen Thanh Nhung according to personal wishes. To ensure the continuous operation of the business, the Board of directors also agreed to appoint Le Huy Dung, deputy general director, to hold the position of Acting general director of the Bank and perform the duties and powers of the bank’s legal representative.
Dung graduated from National Economics University and had over 30 years of experience in finance and banking. He had held senior leadership positions at credit institutions, such as Regional director and Head of Representative Office in Hanoi of Asia Commercial Joint Stock Bank (ACB); general director of Great Asia Bank (DaiABank). At Vietbank, Dung had begun to take part in the management work in the position of deputy general director from August 2017 to the present.
The Board of directors of Vietnam Technological and Commercial Joint Stock Bank (Techcombank) also recently approved the appointment of Phung Quang Hung to assume the position of Standing deputy CEO cum Managing director and director of Financial Advice Customer Service Division (CSA). This decision took effect from March 15, 2020.
Previously, on February 21, Techcombank’s board of directors approved the dismissal of the position of general director from Nguyen Le Quoc Anh on his wishes since September 1, 2020. Over the next six months, general director Nguyen Le Quoc Anh would assist the bank’s Board of directors to hand over the work and support the selection, interview and appointment of the new CEO. Techcombank’s Board of directors had begun implementing a roadmap to select domestic and foreign candidates to ensure that the new CEO would succeed and bring the bank to new achievements on the conversion journey.
On the eve of the general meeting of shareholders, HCM City Development Joint Stock Commercial Bank (HDBank) also submitted to the general meeting of shareholders for approval to increase the total number of members of the Supervisory Board for the term of 2017 to 2022 to four members, thereby adding two additional members, of which one elected member replaced Nguyen Thi Phung and one other elected member.
Nguyen Thi Phung was elected as a member of the Board of Supervisors by the 2017 Annual general Meeting of Shareholders for the 2017 to 2020 term. On March 6, Phung submitted a resignation letter to the bank asking to resign her position as a member of the Supervisory Board for personal reasons.
Accordingly, the Board of directors would submit to the Annual general Meeting of Shareholders the dismissal of Phung in 2020. Phung was born in 1973 and held a bachelor’s degree in currency and credit. She had over 20 years of experience in the banking and finance industry and officially joined HDBank since 2003 as an internal auditor. Since 2008, she had been a member of HDBank’s Supervisory Board.
Thus, BIDV was currently the first bank in 2020 to organise a general meeting of shareholders. Previously, Vietnam Export Import Commercial Joint Stock Bank (Eximbank) planned to hold the meeting on March 5 but had to postpone due to several reasons, including concerns about the Covid-19 epidemic.
On March 12, the State Bank of Vietnam (SBV) also issued a digital request to banks to actively coordinate with SBV branch in the area to consult with the provincial Party Committee, the rural People’s Committee and agencies having local authority, on organising the general meeting of shareholders or general meeting of members to take the appropriate form of organisation or apply for postponement of the organisation time, ensuring strict prevention and control of the Covid-19 epidemic under conditions There are many complicated developments following the direction and instructions of local authorities and branches.
