On May 6, the Ministry of Finance decided to temporarily suspend Mr. Dao Nam Hai, the state capital representative and a member of the Board of Directors and CEO of Petrolimex, from his duties, effective immediately, pending the conclusion of the authorized agency’s investigation.
![]() Mr. Dao Nam Hai |
Simultaneously, the state capital portion held by Mr. Dao Nam Hai under Decision No. 45/QD-UBQLV dated January 28, 2022, of the Commission for the Management of State Capital at Enterprises, was temporarily transferred to Mr. Pham Van Thanh, the Head Representative in charge of the group of representatives and Chairman of the Board of Directors of the Vietnam National Petroleum Group.
The decision took effect immediately on May 6.
Mr. Dao Nam Hai, born on August 11, 1974, in Hai Phong, holds a Master of Laws and a Master of Business Administration. Before assuming the position of CEO of Petrolimex, he served as the company’s Deputy CEO.
Mr. Dao Nam Hai has been the Deputy General Director of Petrolimex since October 1, 2017, and previously held the position of General Director of Petrolimex Insurance Corporation (Pjico).
Prior to his appointment as Deputy General Director of Petrolimex, Mr. Hai held several other important positions, including:
– Member of the Board of Directors of Petrolimex Insurance Corporation (Pjico) (2009)
– General Director of Petrolimex Insurance Corporation (Pjico) (March 2013)
– Member of the Board of Directors of Petrolimex Construction Joint Stock Company 1 (March 2013)
– Independent Member of the Board of Directors of the National Reinsurance Corporation of Vietnam (April 25, 2013)
Tâm An
– 11:24 05/08/2025
“Petrolimex Chairman Relieved of Duty as State Capital Representative”
The Ministry of Finance has just made a decision to temporarily suspend Mr. Dao Nam Hai’s position as the state capital representative at Petrolimex, a leading petroleum company in Vietnam. Mr. Hai, a member of the Management Board and the General Director, will be relieved of his duties until further conclusions are drawn by the authorities.
“The Petrolimex and Pjico Partnership: A Review of Their Performance Under Mr. Dao Nam Hai’s Leadership.”
Prior to taking on the role of CEO at Petrolimex in March 2022, Mr. Hai served as the company’s Vice President for nearly five years and also held the position of CEO at PJICO Insurance for an extended period. With a strong background in leadership and a wealth of experience, he brings a fresh and dynamic perspective to the forefront of the industry.
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