In a recent announcement on June 6th, it was revealed that Mr. Ngo The Trieu will be stepping down from his roles as General Director and legal representative of Eastspring Vietnam. This change will take effect once his employment contract ends or when the State Securities Commission approves Mr. Nguyen Quoc Dung as his successor, whichever comes first. Mr. Trieu will also no longer serve as a member of the Board of Directors. Mr. Dung, with a five-year term, will assume these roles effective immediately, following the same principle.
Mr. Ngo The Trieu is a veteran in the industry and has been with Eastspring Vietnam since its early years. He took on the role of Chief Investment Officer in 2015 and, under his leadership, the company’s total assets under management exceeded 7.2 billion USD by the end of 2024. Prior to joining the fund management industry, Mr. Trieu worked for prominent financial institutions such as Arthur Andersen Vietnam, Eximbank, and Prudential Vietnam.
 Mr. Ngo The Trieu (left) and Mr. Nguyen Quoc Dung. Source: Eastspring Vietnam
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On the other hand, the newly appointed successor, Mr. Nguyen Quoc Dung, joined Eastspring Vietnam in April 2025 and quickly took on significant responsibilities. Just a month after becoming the Deputy General Director, Mr. Dung was entrusted with the additional role of Information Disclosure Officer at the end of May. At Eastspring, he oversees operations, business development, and strategy formulation.
Mr. Dung brings over 24 years of experience in financial consulting, investment banking, and the securities market, including 17 years with Vietcap Securities. Prior to joining Eastspring, he worked for renowned firms such as KPMG, Arthur Andersen, and several large domestic enterprises.
On the same day, June 6th, Eastspring Vietnam announced another change to its Board of Directors, with Mr. Conor Martin O’Neil replacing Mr. Phuong Tien Minh.
This is not the first time Eastspring has experienced high-level personnel changes in recent times. In 2024, the company removed Mr. Faizal Gaffoor from his position as Non-Executive Chairman just four months after taking office and appointed Mr. Terence Lim Ming Wan in his stead.
Eastspring Vietnam is currently one of the three largest fund management companies in the domestic market. In the first quarter of 2025, the company recorded revenue of over VND 92 billion and a net profit of nearly VND 48 billion. As of the end of March, its total assets stood at nearly VND 586 billion, while the entrusted investment portfolio reached almost VND 159,000 billion (approximately 6.3 billion USD) – ranking second in the industry. Bonds accounted for the largest proportion of the investment structure, followed by deposits and stocks.
Established in 2005, Eastspring Vietnam has a charter capital of VND 25 billion and is 100% owned by Prudential Vietnam. The company primarily engages in securities investment fund management, portfolio investment, and investment consulting. Its head office is located in District 1, Ho Chi Minh City.
Domestic entrusted portfolio value of Eastspring Vietnam as of Q1/2025. Source: Eastspring Vietnam
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A Rising Star: Eastspring Vietnam’s Deputy CEO Appointed as Information Disclosure Officer After Just One Month on the Job
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On May 27th, Eastspring Investments Fund Management Company Limited (Eastspring Vietnam), a member of Prudential Vietnam Life Insurance, announced the appointment of Mr. Nguyen Quoc Dung as the Authorized Information Disclosure Representative. The decision came shortly after Mr. Dung’s appointment as Deputy General Director on April 28th.
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“PJICO Insurance: Leadership Transition – New Opportunities”
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The Chairman of the Board of Directors has taken on the additional role of legal representative, while the President and Vice President of PJICO have both stepped down from their respective positions simultaneously.
