On December 18, 2024, OceanBank will change its name to Vietnam Modern Joint Stock Commercial Bank (MBV), aiming to become a modern, safe, and sustainable bank.
Mr. Vu Thanh Trung (left) – Chairman of the MBV Board of Directors and Mr. Le Xuan Vu (right) – MBV CEO
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Two months after MB acquired MBV, on December 10, 2024, MB officially appointed senior personnel to the Board of Members, Supervisory Board, and CEO position at MBV.
Mr. Vu Thanh Trung, MB’s Vice Chairman of the Board of Directors, will also serve as Chairman of the MBV Board of Members. Mr. Le Xuan Vu, a member of MB’s Executive Committee, has been appointed as a member of the MBV Board of Members and CEO.
Mr. Vu Thanh Trung holds a Master’s degree in Business Administration and has 14 years of experience with MB Group. He has served as Deputy General Director of MBCapital, Deputy Director of the Investment Block, and Chief of Staff to the CEO. In 2017, he became the Director of the Digital Banking Block and, from January 2019, also served as Vice Chairman of the MBS Board of Directors. In August 2020, Mr. Trung was appointed as a member of MB’s Executive Committee.
Mr. Trung has extensive experience in investment and retail and was elected by MB’s General Meeting of Shareholders as a member of the MB Board of Directors for the 2024-2029 term. He was then elected by the Board of Directors as Vice Chairman of the MB Board of Directors.
Mr. Le Xuan Vu holds a Master’s degree in Business Administration and has nearly 30 years of experience in the financial and banking industry. He has held several senior management positions in reputable credit institutions, particularly in the areas of bank modernization and the application of international standards in the financial and banking sector’s governance.
Mr. Vu joined MB in 2017 as a member of the Executive Committee, overseeing the Retail Banking Block, Operations Block, and other critical activities. After serving as a member of the OceanBank Mandatory Transfer Implementation Committee and Head of the OceanBank Mandatory Transfer Preparatory Committee, he was appointed to his current position on December 10, 2024.
With their new roles at MBV, Mr. Vu Thanh Trung and Mr. Le Xuan Vu will no longer hold positions in MB’s Executive Committee. Following this decision, MB’s Executive Committee now comprises 12 members.
Additionally, MB has appointed other members of the MBV Board of Members, including Mr. Ha Trong Khiem, MB’s Vice General Director; Mr. Tran Hai Ha, Director of MB’s CIB Block; Mr. Luu Hoai Son, Director of MB’s Planning and Marketing Division; and Mr. Ngo Anh Tuan, a member of the previous OceanBank Board of Members.
The MBV Supervisory Board has also been completed, consisting of five members. Ms. Hoang Thi Thu Nguyet serves as the Chief Supervisor. With 21 years of dedication to MB Group, Ms. Nguyet has extensive experience in investments and was one of the first personnel to join the MB Investment Fund Management Company (MBCapital) during its initial establishment. She has held positions such as Chief Supervisor of the Military Insurance Corporation (MIC) from 2012 to 2015 and Deputy Director of MB’s Investment Block since 2017.
Other members of the MBV Supervisory Board include Ms. Hoang Thi My Linh, Ms. Nguyen Thi Hai Yen, Ms. Nguyen Thi Lan, and Ms. Le Hai Yen.
Han Dong
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