Military Insurance Corporation (MIC) has announced a significant leadership appointment. The Board of Directors has appointed Mr. Le Quoc Ninh (born in 1983) as the Deputy General Director, effective from October 8, 2025.
The appointment is valid for one year or until further notice. Mr. Ninh’s salary and benefits will be in accordance with MIC’s compensation policies, as outlined in the company’s salary regulations.
Mr. Le Quoc Ninh receives his appointment as Deputy General Director of MIC. Photo: MIC
During the New Organizational Model Announcement & 18th Anniversary Ceremony held on the afternoon of October 8, 2025, MIC’s leadership also announced several senior management appointments: Mr. Vu Van Quan as Director of Strategic Customers & Bancassurance Division; Mr. Le Van Quan as Acting Director of Digital Insurance Division and Director of Digital Insurance Company; Mr. Le Thanh Tung as Acting Director of Reinsurance Department; and Mr. Tran Anh Tu as Acting Chief of the Corporate Office.
In other developments, MIC has released a progress report on the utilization of capital raised from the issuance of 46 million shares in March 2019.
The total capital raised from this offering was 460 billion VND, allocated for enhancing information technology systems and financial investments.
As of September 30, 2025, MIC has invested approximately 115.4 billion VND in developing the core insurance system, 190 billion VND in capacity enhancement, and 70 billion VND in expanding domestic and international networks.
To date, MIC has utilized nearly 375.4 billion VND, falling short of the initial plan to invest 200 billion VND in the core insurance system. According to MIC’s report, the remaining funds are being disbursed in accordance with the scheduled timeline.
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Since the beginning of the year, Construction Corporation No. 1 – JSC (UPCoM: CC1) has undergone a series of significant leadership changes, particularly in the role of Deputy General Director. Concurrently, the company is strategizing to divest its stake in its subsidiary, HPRC, following years of consistent losses.
The Rise of Baf Vietnam’s Leadership: Unveiling the Dynamic Duo at the Helm as New Vice Presidents
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