Bamboo Capital: Mr. Pham Minh Tuan and Mr. Nguyen Thanh Hung as Deputy CEOs

On February 7, 2023, Bamboo Capital Group (HOSE: BCG) announced personnel adjustments at the senior level. Mr. Pham Minh Tuan has been appointed as the First Deputy CEO, while Mr. Nguyen Thanh Hung will hold the role of Second Deputy CEO. In order to focus on corporate governance at the parent company, as well as provide room for young leaders to participate in management, Mr. Tuan and Mr. Hung will step down from their positions as Deputy General Directors at BCG. Mr. Nguyen Tung Lam (currently a member of BCG's Board of Directors) has been appointed as the Executive Deputy CEO.



Mr. Pham Minh Tuan and Mr. Nguyen Thanh Hung are two of the key leaders who have been with Bamboo Capital Group for many years. Currently, in addition to their roles as Vice Chairman of the Board of Directors and the first and second Deputy CEOs at BCG, Mr. Tuan and Mr. Hung also directly manage important subsidiary companies under the Group.

Currently, Mr. Pham Minh Tuan is the Executive Vice Chairman and CEO of BCG Energy, Chairman of the Board of Directors of AAA Insurance Corporation. Meanwhile, Mr. Nguyen Thanh Hung is the Chairman of TRACODI’s Board of Directors and the CEO of BCG Land.

A young talent born in 1987 who has been appointed as the Executive Vice President of Bamboo Capital Group is Mr. Nguyen Tung Lam – a talent who has had a long-standing commitment to Bamboo Capital. Mr. Nguyen Tung Lam holds a Bachelor’s degree in Business Administration from the Foreign Trade University in Hanoi and a Master’s degree in Finance from Bentley University (USA). He has many years of experience in business management, finance, and banking. Currently, Mr. Nguyen Tung Lam holds the position of a Member of the Board of Directors of Bamboo Capital and the Deputy Executive Vice President of BCG Land.

Bamboo Capital Group has announced that starting from 2023, the focus will be on streamlining its operations and enhancing the management capabilities of its subsidiary companies. The goal is to improve the corporate governance model to adapt to changing market conditions and optimize the Group’s internal resources. This process will first be implemented at the parent company, Bamboo Capital, where the key leaders of the Group will gradually shift to the Board of Directors to provide governance and strategic guidance, while creating a conducive environment for young leaders to directly manage and develop investment projects. This adjustment in high-level personnel is part of the aforementioned roadmap, aiming to enhance the operational efficiency and empower talented young leaders.

At core operation entities such as BCG Energy and BCG Land, Mr. Pham Minh Tuan and Mr. Nguyen Thanh Hung will continue to assume their responsibilities. At other subsidiary companies, the executive management teams have been and will be gradually rejuvenated by mid-level and senior executives who have been trained and cultivated by BCG throughout the years.

In a recent interview, Mr. Pham Minh Tuan shared: “Bamboo Capital Group in 2024 will be much larger in scale compared to its establishment in 2011. The operation of the Group with thousands of employees has reached a point where it needs to transition from a few individuals-dependent model to a professional management model, enhance delegation and empowerment, and establish effective monitoring mechanisms. To achieve sustainable development, Bamboo Capital needs to combine the experience of the Board of Directors with the enthusiasm of the young leadership at the mid-level and senior executive levels.”

According to the first Deputy CEO of Bamboo Capital: “In recent years, amidst the COVID-19 pandemic and the economic fluctuations both globally and in Vietnam, BCG has faced many difficulties, and it is these challenges that have forged a new generation of talented mid-level and senior leaders who possess the necessary competencies, ethics, enthusiasm, and youthfulness right within the Group and its subsidiary companies. This team deeply understands the culture of BCG and has the capacity and professionalism to develop and manage large-scale projects and bring them to fruition.

Combining the use of young talents with the experience of the founders and the Board of Directors will create new vitality and propel BCG rapidly forward.”

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