Mr. Truong Thanh Nam (Source: OCB)
On November 7, Orient Commercial Joint Stock Bank (OCB) announced that it had received a request for termination of the labor contract from Mr. Truong Thanh Nam, Deputy General Director, at his own request. Mr. Nam’s resignation will take effect upon the Board of Directors’ decision to remove him from the position.
Mr. Nam, born in 1972, holds a Bachelor of Laws and a Bachelor of Finance and Banking. He has been appointed as Deputy General Director of OCB since May 2010. Most recently, he was reappointed as Deputy General Director for a term of 12 months on August 15, 2024.
With over 25 years of experience in the banking industry, he has undertaken various important tasks, starting as a specialist and then promoted to head of the department at Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Asia Commercial Joint Stock Bank (ACB). In 2003, he was appointed as Deputy Director of OCB – Trung Viet Branch. Subsequently, he became the Director of OCB – Trung Viet Branch.
Following the approval of Mr. Nam’s resignation request, the OCB Management Board will comprise eight members, including Mr. Pham Hong Hai as the General Director.
The senior management team at OCB has witnessed several changes recently.
In July, the bank’s Board of Directors decided to appoint Mr. Pham Hong Hai as the new General Director from July 16, succeeding Mr. Nguyen Dinh Tung.
Mr. Tung joined OCB in April 2012 and officially took on the role of General Director in August 2012. In May, the Board of Directors approved his resignation from the position. Subsequently, he also resigned from the role of Member of the Board of Directors for the 2020-2025 term, as per his request.
In September, VietABank introduced Mr. Nguyen Dinh Tung as their advisor to the Board of Directors and Chairman of the Strategy Committee.
Another Deputy General Director, Mr. Nguyen Van Huong, in charge of the retail block, also resigned at his own request. Mr. Huong was associated with OCB from December 2022 until September 19, 2023.
On September 23, the Board of Directors of the Prosperous and Developing Joint Stock Bank (PGBank) officially appointed Mr. Nguyen Van Huong as the Acting General Director.
“Moody’s Affirms OCB’s Rating at Ba3, Upgrades Outlook to Stable”
According to the latest announcement from Moody’s Investors Service, one of the leading international credit rating agencies, Orient Commercial Joint Stock Bank (OCB) has maintained its credit rating at Ba3 with an upgraded outlook to “stable”.
