Since joining OCB in April 2012 and officially assuming the position of General Director in August 2012, together with the Board of Directors, Mr. Nguyen Dinh Tung has led and transformed OCB from a small bank into one of the most effective private banks operating in Vietnam today.
In his resignation letter to the Board of Directors (BOD), Mr. Nguyen Dinh Tung expressed his gratitude for the BOD’s trust and for the commitment of the entire staff of the bank throughout the system. He also pledged to continue contributing and accompanying OCB in his role as a member of the Board of Directors, in order to implement the sustainable development strategy, promote digital transformation, and develop a large network of partners.
Mr. Nguyen Dinh Tung has been with OCB for 12 years as the General Director
It is understood that the election of Mr. Nguyen Dinh Tung to the BOD from April 2023 is part of OCB’s plan to add to its leadership resources in order to prepare for and more strongly promote the implementation of the bank’s strategic plans.
The OCB Board of Directors also expects that with the appointment of Mr. Nguyen Dinh Tung as a permanent member of the Board of Directors, the Executive Board will be strengthened with new resources in the coming period, and the bank will achieve its set goals.
On April 24, OCB also announced its financial report for the first quarter of 2024 with positive business results, with most core business segments showing good growth. Market debt balance 1 reached VND 153,199 billion, an increase of 3.5% compared to the end of 2023; Total net revenue from business activities reached VND 2,287 billion, up 9.4% year-on-year, of which net interest income reached VND 1,901 billion, up 8.6%, and net non-interest income reached VND 386 billion, up 13.8%. The bank’s pre-tax profit reached VND 1,214 billion, an increase of 23% compared to the first quarter of 2023.
