The Executive Vice President of VPBank Aims to Invest Over $3.8 Million to Increase His Stake in the Bank by Sixfold

On July 26, Ms. Pham Thi Nhung, Member of the Board of Directors and Vice President of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), announced her intention to purchase 5 million VPB shares.

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Ms. Nhung currently holds 1.066 million shares, representing a ratio of 0.0134%. If the transaction is successful, she will own 6.066 million shares, or 0.0765% of the total shares.

Ms. Pham Thi Nhung holds a Bachelor’s degree from Dong Do University. From 2016 to 2022, she held various positions, including Director of Transaction Development for Networks and Secured Assets, Director of Partner Management Center, and eventually became Vice President in 2021.

Since 2023, Ms. Nhung has served as Vice President and Director of Partner Management and External Relations at VPBank. In April 2024, she was elected by the General Meeting of Shareholders as a Member of the Board of Directors for the 2020-2025 term, while continuing to hold her previous positions.

In addition to her leadership role at VPBank, Ms. Nhung is also the Chairman of the Members’ Council at several businesses, including Thinh Kien Co., Ltd., Thinh Dien Co., Ltd., and Thinh Tin Valuation Joint Stock Company.

On the stock exchange, VPB shares are currently trading at around VND 18,500 per share. Based on this price, Ms. Nhung will need to invest approximately VND 92.5 billion to purchase the shares.

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