“Eximbank Appoints New Senior Leadership”

Mr. Hai’s resignation letter cites his desire to focus on other tasks and plans as the reason for his departure. Mr. Nguyen Hoang Hai was appointed as Deputy General Director of Eximbank on August 2, 2023, and then assumed the role of Acting General Director starting October 3, 2023. During his tenure, Mr. Hai dedicated his efforts to management and operations, working alongside the Executive Board to implement solutions for enhancing the bank’s business performance.

As Mr. Hai steps down from the Executive Board, he will continue to serve as an advisor to the Board of Directors. Succeeding him as Acting General Director of Eximbank from July 1, 2025, is Mr. Tran Tan Loc, the current Deputy General Director. With his extensive experience and deep understanding of the system, Mr. Loc is well-positioned to ensure stable management and operations.

Eximbank also announced the appointment of high-level personnel. Accordingly, the Board of Directors elected Ms. Pham Thi Huyen Trang, a Board member, as the Standing Vice Chairman of the Board of Directors for the term 2025-2030, effective June 30. Ms. Trang holds a Master’s degree in Finance and Banking and has 12 years of experience at VietinBank, where she served in various important positions such as Deputy Director of the Hanoi Branch, Head of Credit Approval Department, and Deputy Director of the Credit Approval Block. She also served as an Independent Member of the Board of Directors of VietinBank Securities Company. Prior to joining Eximbank, she worked for Sun Group and Deo Ca Group.

The five members of Eximbank’s Board of Directors. Ms. Pham Thi Huyen Trang, the new Standing Vice Chairman, is the second from the left.

Additionally, the Eximbank Board of Directors approved the appointment of Mr. Nguyen Van Hoa as Deputy General Director for a one-year term starting July 1. Mr. Hoa, born in 1983, brings 20 years of experience in the financial and banking industry. He joined Eximbank in August 2023 as the Head of the Credit Block.

Recently, Eximbank has witnessed a notable improvement in its business performance. In 2024, the bank achieved a record profit in its 35 years of operation. Other financial indicators also showed positive growth: Total assets increased by 19% to VND239,768 billion, indicating the bank’s expansion and consolidation of its operations. Customer deposits reached VND178,312 billion, reflecting a 12.6% increase year-over-year and showcasing customer trust and loyalty. Credit growth witnessed the strongest growth in the last five years (compared to 2019), reaching VND168,230 billion, a 19.72% increase from the beginning of 2024, demonstrating the bank’s successful efforts in promoting safe and effective credit growth. The bank also significantly improved its bad debt ratio, reducing it to 2.53%, while the cost-to-income ratio (CIR) decreased to 39.73% from over 47.92% in 2023, reflecting enhanced cost management and operational optimization.

Beyond financial performance, Eximbank is also transforming its market and customer strategies by placing customers at the center of its operations. The bank is committed to enhancing governance capabilities, strengthening internal control and audit functions, driving digital transformation, and optimizing operations to build a modern, transparent, and robust Eximbank that can sustain long-term development.

Currently, Eximbank’s leadership is working with international consulting partners and experts to comprehensively restructure the bank to align with its future strategic goals.