The banking industry has experienced a roller-coaster year, with
concerns over the sector's liquidity and pressure on high interest rates
adding to a long list of woes.
The past year saw
increased efforts among banks to restructure their organisations, and
changing CEOs presented an opportunity to inject new leadership talent
at some banks.
Last December, Nguyen Duc Vinh left his job
as CEO at the Technology and Commerce Joint Stock Bank (Techcombank), a
position he had held for the past 12 years, and becoming a deputy
chairman of the bank's management board.
Englishman Simon Morris is the new CEO, with Techcombank becoming the first Vietnamese bank to appoint a foreigner as CEO.
Also in December, the Vietnam Joint Stock Commercial Bank for Industry
and Trade (Vietinbank) appointed Nguyen Van Thang as CEO position,
replacing Pham Xuan Lap, who has retired before he had come to the end
of his contract.
Thang has worked at Vietinbank for more
than 15 years, starting out as a sales person at a branch office. Born
in 1973, he is the youngest CEO among the State-owned commercial banks.
Pham Huy Hung, the chairman of the bank's management board, said the
new CEO would help bolster the bank's development and integration into
the global banking and financial market.
Last September,
the Viet Nam International Bank (VIB) assigned Duong Thi Mai Hoa as its
CEO. She has more than 18 years' experience in financing and accounts
management and is a member of the Association of Certified Chartered
Accountants (ACCA) in the UK .
Last July, the State
Bank decided to replace CEO Pham Thanh Tan with Kieu Trong Tuyen for the
Vietnam Bank for Agriculture and Rural Development.
Early
last year, Vu Tu was assigned as the new CEO of TienPhong Bank,
replacing Dao Trong Khanh. Tu has more than 20 years' experience in the
banking industry and was a director of a branch at Agribank and then CEO
of the Oceanbank. /.
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