The Penultimate Penman: Crafting a Captivating Title “The Ascendance of Mr. Tran Hong Minh: Interim CEO of KienlongBank”

As announced by the Bank, Tran Hong Minh will assume the role of CEO of KienlongBank, effective July 9, 2024.

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KienlongBank (UPCoM: KLB) has recently announced the decision of its Board of Directors (BOD) to elect Tran Ngoc Minh as the new Chairman of the BOD, effective July 9, 2024. Concurrently, Mr. Minh will step down from his role as General Director on the same date.

The BOD also resolved to appoint Tran Hong Minh, Deputy General Director, as the Acting General Director. Born in 1985, Mr. Hong Minh brings over 17 years of experience in the finance and banking industry. Prior to joining KienlongBank, he held several key positions at LienVietPostBank and VPBank.

Before assuming the role of Acting General Director, Mr. Hong Minh served as Deputy General Director in charge of business since November 26, 2022. As a member of the Executive Board, he has made significant contributions by spearheading innovative and timely business strategies, particularly in the area of product and service development.

Mr. Tran Hong Minh – Acting General Director of KienlongBank

As KienlongBank celebrates its 29th anniversary, Mr. Hong Minh is expected to lead the bank towards remarkable achievements and reinforce its position as a trusted financial partner. With his leadership, the bank aims to further enhance its operations by focusing on digital transformation and technological advancements, offering customers new and improved experiences. This aligns with KienlongBank’s vision to become a modern and friendly digital bank by 2025.

As of the first quarter of 2024, KienlongBank has demonstrated strong financial performance, with total capital mobilization reaching VND 78,822 billion, loan outstanding of VND 53,392 billion, and a well-maintained high capital adequacy ratio. The bank also reported a pre-tax profit of VND 213 billion, completing 27% of the annual plan approved at the 2024 Annual General Meeting of Shareholders.

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