Shareholders have unanimously approved the appointment of Mr. Nguyen Ngoc Quynh and Mr. Luong Duy Dong as members of the Supervisory Board for the 2023 – 2028 term. Both individuals bring extensive experience in finance and banking, as well as a long history with SeABank, meeting all legal requirements and receiving approval from the State Bank of Vietnam as per Document No. 9333/NHNN-TTGSNH.
Mr. Nguyen Ngoc Quynh, born in 1973, holds a Bachelor of Economics from the Banking Academy of Vietnam and boasts nearly three decades of banking experience. With over 20 years at SeABank, including nearly a decade in management as Deputy General Director, Mr. Quynh’s deep expertise, governance capabilities, and profound understanding of banking and SeABank’s operations are expected to greatly benefit the Supervisory Board and the bank’s overall performance.
SeABank elects two new members to its Supervisory Board for the 2023-2028 term.
Mr. Luong Duy Dong, born in 1986, is a Bachelor of Auditing from the National Economics University with 16 years of experience in the field. His background includes 3 years as an auditor with Deloitte Vietnam, 9 years of internal audit experience at SeABank, and 4 years as Chairman of the Supervisory Board at Postal Finance Company (PTF). Mr. Dong’s expertise in auditing is expected to strengthen SeABank’s internal audit capabilities and contribute to its governance and sustainable development strategy, with a focus on Governance, Environment, and Social (ESG) factors.
The election of the new Supervisory Board members aligns with the requirements of the Law on Credit Institutions 2024 and underscores SeABank’s commitment to enhancing its governance and management capabilities, particularly in the area of supervision, as it strives for sustainable development.
VietinBank: Leading the Pack in Operational Income
As per the Q3 2024 financial statements, VietinBank has emerged as a leader in Vietnam’s banking industry, boasting top-tier figures in terms of operating income and pre-provision profit from business operations. This remarkable performance underscores the bank’s adeptness in leveraging its earning assets to generate robust revenue and profits.
“SeABank: A Renowned National Brand and Leading Vietnamese Powerhouse”
For the third consecutive year, SeABank (HOSE: SSB) has been recognized as a National Brand of Vietnam by the Ministry of Industry and Trade. This prestigious accolade, received by the bank for three consecutive years, solidifies its position as a leading financial institution in the country. In addition, for 16 consecutive years, SeABank has been honored as a Vietnam Strong Brand, a testament to its unwavering commitment to excellence and the trust bestowed upon it by its valued customers. This recognition underscores SeABank’s market prominence and reinforces its reputation as a trusted financial partner in Vietnam.
The Ever-Changing Landscape of SAM Holdings: Unveiling the New Chairman
On November 12, SAM Holdings Joint Stock Company (HOSE: SAM) announced changes to two key leadership positions: the Chairman of the Board of Directors and the General Director.
“The Big Three: Grilling Session with the Governors”
A catchy headline to capture the attention and intrigue of the audience, all while maintaining a professional tone.
On November 11-12, the Governor of the State Bank, Nguyen Thi Hong, the Minister of Information and Communications, Nguyen Manh Hung, and the Minister of Health, Dao Hong Lan, will face questioning from the National Assembly regarding three key areas.
“The Perils of Being a Perpetual Money Lender”
“I find it hard to believe that we are handing over money for others to spend,” exclaimed National Assembly Deputy Le Quan, referring to cases related to corporate bonds. Emphasizing the need for proper regulations, he pointed out that the Vietnamese bond market has not been developing as per market rules. To mitigate risks for investors, he proposed holding auditing firms accountable.
