ABBank Announces Major Leadership Appointments with Series of Senior Executive Promotions

On November 14th, the Board of Directors of An Binh Commercial Joint Stock Bank (ABBank, UPCoM: ABB) issued a resolution adjusting key leadership positions within the Board and the Bank's Executive Committee.

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Accordingly, Mr. Vũ Văn Tiền assumes the position of Chairman of the Board of Directors, and Mr. Đào Mạnh Kháng serves as Vice Chairman of the Board. As Chairman, Mr. Vũ Văn Tiền will focus on strategic direction, leadership, and comprehensive oversight of the bank’s operations.

Additionally, the ABBank Board has approved changes in the management team to align with the bank’s new development phase. Mr. Phạm Duy Hiếu steps down as CEO of ABBank at his own request but will continue to contribute as a member of the Human Resources Committee and the Sustainable Development Strategy Committee (ESG). In his new role, Mr. Hiếu will concentrate on training and development, community relations, and fostering ESG partnerships in line with the bank’s strategy.

Mr. Lê Mạnh Hùng, born in 1979, has been appointed Deputy CEO and will assume the responsibilities of CEO of ABBank effective November 14, 2025. With over 23 years of experience in finance and banking, Mr. Hùng previously served as a member of the Executive Board and Director of the Wholesale Banking Division at ABBANK since 2017.

Mr. Lê Mạnh Hùng appointed as Deputy CEO and assumes the role of CEO of ABBank from November 14, 2025

These leadership adjustments comply with the Credit Institutions Law of 2024 and ABBank’s charter. They mark a significant step in strengthening governance, management, and strategic oversight by the Board of Directors.

Commenting on the new appointments, Mr. Vũ Văn Tiền, Chairman of the Board, stated: “This leadership restructuring is part of ABBank’s strategic development plan, aimed at enhancing our position, strengthening strategic management resources, and ensuring the achievement of our growth objectives in the coming years. It also focuses on improving organizational capabilities, fostering unity among our team, and building a culture that rewards employees commensurate with performance. With a spirit of collaboration, responsibility, and dedication, we are confident that ABBANK will continue to leverage collective strength, sustain robust growth, and create lasting value for customers, shareholders, and employees.”

Hàn Đông

– 14:03 14/11/2025

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