Viet Capital Bank’s new chairperson appointed

Published: Monday, February 20, 2012

Nguyen Thanh Phuong, a member of Viet Capital Bank’s board of directors, has been appointed the bank’s new chairperson, according to the bank’s new organizational structure newly publicized on its website.

With the new appointment, Phuong will displace replace the former chairman Do Duy Hung, the current general director of Viet Capital Bank.

It is the bank’s latest move of the bank after having its name changed from Gia Dinh Commercial Joint Stock Bank early last month. Gia Dinh Commercial Joint Stock Bank increased its chartered capital from VND2 trillion to VND3 trillion to ensure legal capital requirements last year.

The 31-year-old Phuong is the current chairperson of Viet Capital Fund, Viet Capital Securities Joint Stock Co and Viet Capital Real Estate Joint Stock Co.

She holds a Bachelor of Business Administration in Banking and Finance from the National Economics University, Vietnam, and an MBA in Finance Management from the National University in Geneva, Switzerland.

She then has worked as deputy finance director of Holcim Vietnam, a multinational corporation with headquarters in Switzerland and then served as chief investment officer of Swiss investment fund VietnamHolding, which is listed on London Stock Exchange.

Phuong is the daughter of Prime Minister Nguyen Tan Dung.

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