“VPBank Parts Ways with Deputy CEO and Head of Legal and Compliance, Mr. Nguyen Thanh Long”

VPBank (VPB: HVN) has announced the departure of Mr. Nguyen Thanh Long from his role as Deputy CEO and Head of Legal and Compliance, effective July 1st, 2025, due to personal reasons.

Mr. Long holds a Master’s degree in Law from Hanoi Law University. He has served as Deputy CEO and Head of Legal and Compliance at VPBank since 2014.

Prior to joining VPBank, he was Deputy CEO at TPBank, where he also headed the Supervision and Debt Handling Division. Mr. Long held similar positions at Techcombank and served as Deputy Director of the Legal Affairs Department at the State Bank of Vietnam.

Mr. Nguyen Thanh Long. (Source: VPBank)

Following Mr. Long’s departure, VPBank’s Board of Directors now comprises eight members, including Mr. Nguyen Duc Vinh, who serves as CEO.

As of the first quarter of 2025, VPBank reported a nearly 20% year-on-year increase in consolidated pre-tax profit, amounting to VND 5,015 billion. The parent bank contributed VND 4,942 billion, accounting for over 98% of the total profit.

By the end of the first quarter of 2025, VPBank was the largest private bank in Vietnam, second only to state-owned banks such as BIDV, Agribank, VietinBank, Vietcombank, and MB.

The bank’s total assets exceeded VND 994 trillion as of March 31st, 2025, an increase of 8% compared to the end of 2024. VPBank is expected to reach the milestone of VND 1 quadrillion in total assets in the second quarter of 2025.

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