Mr. Nguyen Van Huong (center) – the new Acting CEO of PGBank.
On September 23, 2024, the Board of Directors of the Commercial Bank for Prosperity and Development (PGBank – PGB) officially appointed Mr. Nguyen Van Huong as Acting CEO.
Mr. Nguyen Van Huong, born in 1980, has over 21 years of experience in finance and banking.
He holds a Bachelor’s degree in Investment Economics and a Master’s degree in Business Administration from the Hanoi National University of Economics. In his career, he has held various positions, starting as a credit officer and progressing to managing corporate and individual clients, as well as important sales channels in large state-owned and joint-stock banks.
Mr. Huong previously worked at Vietnam Foreign Trade Joint Stock Commercial Bank (Vietcombank), Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), and most recently served as Deputy General Director of Orient Commercial Joint Stock Bank (OCB).
The position of PGBank’s CEO has been vacant since April 2024. Specifically, on April 19, Ms. Dinh Thi Huyen Thanh resigned from her position as a member of the Board of Directors and CEO of PGBank effective April 25 due to personal reasons.
At the recent Extraordinary General Meeting of Shareholders on August 26, in response to a shareholder’s question about the changes in the bank’s senior leadership, Mr. Pham Manh Thang, Chairman of the Board of Directors of PGBank, stated that the bank had been undergoing a restructuring process in accordance with the State Bank of Vietnam’s regulations and the approved restructuring plan, which included a key requirement for changes in personnel.
The changes in some senior personnel were due to personal reasons as well as the need to meet the bank’s transformation requirements. However, these changes have not impacted the bank’s operations, and PGBank’s performance has been improving.
The SD7 Chairman Aims to Purchase Nearly 1.8 Million Shares
Mr. Nguyen Huu Doanh, Chairman of the Board of Directors of Song Da 7 Joint Stock Company (SD7 on UPCoM), has announced plans to purchase nearly 1.8 million SD7 shares through a negotiated deal. This transaction, scheduled between August 27 and September 20, 2024, is expected to boost his ownership stake to 41.4% of the company’s capital.
