The Penultimate Penman: Crafting a Compelling Title “Veteran V.P. Steps Down: A Story of Dedication and Departure at OCB”

On November 7th, the Orient Commercial Joint Stock Bank (OCB) announced that it had received a request for termination of the labor contract from its Deputy General Director, Mr. Truong Thanh Nam, based on his personal wishes. Mr. Nam’s resignation will take effect upon the Board of Directors’ decision to dismiss him from his position.

Mr. Truong Thanh Nam, born in 1972, holds a Bachelor of Laws and a Bachelor of Finance and Banking. He has been serving as Deputy General Director of OCB since May 2010 and was most recently reappointed for a 12-month term in August 2024.

With over 25 years of experience in the banking industry, he has undertaken various crucial roles, ranging from specialist to head of department at the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and the Asia Commercial Joint Stock Bank (ACB). In 2003, he was appointed as Deputy Director of OCB – Trung Viet Branch, later becoming its Director.

Following the approval of Mr. Nam’s resignation request, OCB’s executive team will comprise eight members, including Mr. Pham Hong Hai as the General Director.

OCB’s senior management has witnessed notable changes recently.

In July, the bank’s Board of Directors decided to appoint Mr. Pham Hong Hai as the new General Director, effective July 16th, replacing Mr. Nguyen Dinh Tung.

Mr. Tung joined OCB in April 2012 and officially took on the role of General Director in August 2012. In May, the Board of Directors approved his request to resign from the position. Subsequently, he also stepped down from his role as a member of the Board of Directors for the 2020-2025 term, in line with his personal wishes.

In September, VietABank introduced Mr. Nguyen Dinh Tung as their advisor to the Board of Directors and Chairman of the Strategy Committee.

Another Deputy General Director, Mr. Nguyen Van Huong, in charge of the retail block, also resigned, honoring his personal wishes. Mr. Huong was associated with OCB from December 2022 until September 19th of this year.

On September 23rd, the Board of Directors of the Prosperous and Development Joint Stock Bank (PGBank) officially appointed Mr. Nguyen Van Huong as the Acting General Director.