BIDV appoints new batch of senior staff members.

BIDV, the Vietnam Joint Stock Commercial Bank for Investment and Development, has recently announced the decisions made by its Board of Directors and the Supervisory Board regarding the appointment of high-level personnel.

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Specifically, BIDV’s Board of Directors appointed Mr. Vietnam as Deputy General Director as of January 30, 2024. The appointment term is 5 years. Before that, Mr. Nam held the position of Director of BIDV – Transaction Office 1 Branch.

BIDV’s Board of Directors appointed Mr. Lai Tien Quan as Deputy General Director as of January 30, 2024. The appointment term is 5 years. Before that, Mr. Quan held the position of Director of BIDV – Thanh Xuan Branch.

BIDV’s Board of Directors appointed Ms. Bui Thi Hoa as Chief Accountant as of January 30, 2024. The appointment term is 5 years. Before that, Ms. Hoa held the position of Deputy Head of BIDV Retail Banking Division.

At the same time, BIDV’s Board of Supervisors also made a decision to appoint Ms. Ta Thi Hanh – Member of the Board of Supervisors for the term 2022-2027 as Head of the Board of Supervisors, after Mr. Cao Cu Tri resigned from the position responsible for the activities of the Supervisory Board.

The personnel changes were announced after BIDV held an extraordinary Shareholders’ Meeting on January 30 and approved the aforementioned decisions.

At the Meeting, BIDV also approved other important matters such as: Restructuring plan for BIDV for the period 2021 – 2025; Adjusting the implementation time of the additional share issuance in the Charter Capital Increase Plan for 2023; Appointment of additional members to the Board of Management, Supervisory Board.

In 2023, BIDV’s consolidated pre-tax profit reached VND 27,650 billion, an increase of 20.6% compared to the previous year and exceeded the plan set by the Shareholders’ Meeting.

As of the end of 2023, BIDV’s total assets reached VND 2.3 million billion, an increase of 8.5% compared to the beginning of the year and maintained the title of the largest bank in Vietnam. Customer loans grew 16.8% to VND 1.78 million billion. Customer deposits grew 15.7% to a balance of VND 1.7 million billion.

At the end of 2023, BIDV’s bad debt stood at VND 22,229 billion, corresponding to a bad debt ratio of 1.25%.

SOURCEcafef
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