LPBank’s appointment of Loic Faussier as Senior Advisor to the Executive Board is a strategic move to strengthen its governance and enhance its senior talent pool. With his extensive experience and new role, Mr. Faussier is expected to make significant contributions to the bank’s governance, risk management, credit approval, appraisal, and debt handling, as well as strategic initiatives for sustainable and efficient growth.
Mr. Ho Nam Tien, CEO of LPBank, welcomes Mr. Loic Faussier as Senior Advisor to the Executive Board
Born in 1972 in France, Mr. Loic Faussier holds a degree in Economics from the University of Paris Assas and two master’s degrees: a Master of Finance from the University of Paris Dauphine and a Master of Business Law from the Paris Institute of Political Studies. With over 25 years of experience, Mr. Faussier has held several leadership positions in prominent financial institutions and banks in France, Hong Kong, Japan, and Vietnam. His notable roles include Director of HSBC Vietnam, Deputy Director of HSBC Japan, Deputy CEO of Vietnam International Bank (VIB), and CEO of Seabank. He also served as the Deputy Financial Attaché at the French Embassy in Beijing and worked for Citibank in Paris.
Mr. Ho Nam Tien, CEO of LPBank, shared, “With the goal of becoming Vietnam’s leading retail bank, LPBank is committed to recruiting high-caliber talent, especially experienced managers and experts from prominent domestic and international banks recognized by the international community. With his over two decades of experience in leading and managing prominent financial institutions, Mr. Loic Faussier is undoubtedly a crucial addition to LPBank’s journey towards a brilliant future.”
Mr. Loic Faussier as Senior Advisor to the Executive Board of LPBank
At the appointment ceremony, Mr. Loic Faussier expressed his delight in becoming a Senior Advisor to the Executive Board at LPBank, one of the fastest-growing banks in Vietnam. “I feel incredibly fortunate and proud to take on this role and earn the trust of the Board of Directors and the bank’s leadership,” he said. “With my experience, I am confident in contributing to LPBank’s continued success and achieving more remarkable milestones in this new phase.”
The appointment and enhancement of the senior management team are part of LPBank’s long-term strategy to meet the demands of strong, effective, sustainable, and prudent growth. This strategy aims to elevate governance standards and meet international norms in the bank’s journey to becoming a leading retail bank and a bank for everyone.
On July 15, 2024, LPBank officially changed its name to Loc Phat Joint Stock Commercial Bank, opening up new business development opportunities and reflecting the bank’s vision of progressing towards prosperity and success with its customers, community, and country. The name change and brand identity update mark the beginning of a new development phase for LPBank, with a refreshed business strategy and a focus on delivering new values to its customers, partners, and shareholders.
As part of its transformative journey, LPBank inaugurated its new Ho Chi Minh City headquarters and southern headquarters office at Thaisquare The Merit on July 31, 2024. This milestone underscores LPBank’s expanding scale and continuous development, solidifying its position as a bank of stature and influence in the southern market.
