The GenZ Chairman of Hoa Binh Securities Steps Down

"Mr. Le Dinh Duong (born in 2003) has tendered his resignation from the position of Chairman of the Board of Securities Peace due to personal reasons. With a heavy heart, the company accepts his departure, acknowledging his invaluable contributions during his tenure."

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On August 22, Mr. Le Dinh Duong, Chairman of the Board of Securities Peace (HBS: HNX), submitted his resignation due to personal reasons.

Mr. Le Dinh Duong (born 2003) is the second son of former HBS Chairman, Ms. Nguyen Thi Loan. He was elected to the HBS Board of Directors at the 2023 Annual General Meeting of Shareholders at the young age of 20.

Following that assembly, Mr. Trinh Thanh Giang was appointed as Chairman of the Board, with Mr. Duong as Vice Chairman. Subsequently, upon Mr. Giang’s resignation, Mr. Duong was elected as his successor.

As of the end of the second quarter of 2025, Mr. Duong held over 6.5 million HBS shares, representing 19.7% of capital.

Mr. Duong’s older brother, Mr. Le Xuan Tung (born 1995), also serves on the Board of Directors of HBS. Additionally, Mr. Tung holds the position of Chairman of the Board of Directors of Vimedimex Pharmaceutical Joint Stock Company (VMD).

In November 2021, Ms. Nguyen Thi Loan was arrested and prosecuted by the Hanoi Police in connection with a case of collusion in the “dumping” of 16,000 square meters of land in Dong Anh. On September 4, 2024, the Hanoi People’s Court sentenced Ms. Loan to 36 months in prison for violating regulations on the auction of assets.

Following the 2025 Annual General Meeting of Shareholders held in June, the HBS Board of Directors for the term 2023-2028 comprises: Mr. Le Dinh Duong (Chairman); Mr. Trinh Thanh Giang (Independent Member); Ms. Tran My Linh (Member); Mr. Le Xuan Tung (Member); Mr. Nguyen Phan Trung Kien (Member); Mr. Nguyen Minh Son (Independent Member); and Mr. Le Tri Dung (Member). Mr. Son, Mr. Dung, and Mr. Giang are the three newly elected members.

In terms of business performance, Securities Peace generated over VND 15 billion in operating revenue in the first half of the year. The main contributors to this revenue were profits from held-to-maturity (HTM) investments and income from other activities.

For the six-month period ending in June, HBS’s net profit reached nearly VND 6 billion, a decrease of 27.5% compared to the same period last year.

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