Dang Dinh Thich, born in 1971, holds a Master’s degree in Business Administration from the Hanoi National University. With almost 25 years of experience in the finance and banking sector, Mr. Thich has established himself as a prominent figure in Vietnam’s financial industry.
Vice Governor of the State Bank of Vietnam, Pham Tien Dung, appoints Mr. Dang Dinh Thich as the Acting General Director of VAMC. Source: SBV.
Before joining VAMC in 2013, Mr. Thich held several leadership positions, including Director and Party Secretary at VPBank’s Ha Tinh branch and Head of Transaction Office at Vietcombank’s Ha Tinh branch. Since 2018, he has served as VAMC’s Deputy General Director, contributing to the company’s success in managing Vietnam’s bad debt.
At the appointment ceremony, Vice Governor of the State Bank of Vietnam, Pham Tien Dung, congratulated Mr. Dang Dinh Thich and emphasized that this promotion reflects the trust and confidence of the Party Committee and the leadership of the State Bank of Vietnam in Mr. Thich’s capabilities.
According to Mr. Pham Tien Dung, managing a state-owned company like VAMC is a challenging task that demands a high sense of responsibility, strong leadership, and flexible management skills. The VAMC leadership is not only responsible for ensuring the company’s development and transparent operations but also for building a stable financial foundation to maintain a qualified workforce, which is crucial for the company’s sustainable growth strategy.
As a unique state-owned enterprise, VAMC is organized as a limited liability company with 100% state-owned charter capital. Its financial and salary mechanisms follow the regulations of a special-grade state-owned enterprise. VAMC plays a vital role in Vietnam’s economy by efficiently managing bad debts, promoting financial health, reducing risks for credit institutions and enterprises, and supporting reasonable credit growth.
Operating on a cost-recovery basis rather than profit-seeking, VAMC is a critical tool for the Vietnamese government in its efforts to address bad debts and stimulate sustainable economic development.
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Mr. Dang Dinh Thich has been appointed as the Acting General Director of Vietnam Asset Management Company (VAMC). The announcement ceremony took place on May 6th, with Mr. Thich taking on the role of Acting General Director. As the new leader of VAMC, a company specializing in managing the assets of credit institutions in Vietnam, Mr. Thich brings a wealth of experience and expertise to the table. With his appointment, VAMC is poised to continue its vital work in the country’s financial sector.
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