VinFast's top management shake-up: Mr. Pham Nhat Vuong directly "enters the battle"

Báo Dân tríBáo Dân trí06/01/2024


This morning (January 6), VinFast electric car company announced a change in its leadership structure with Mr. Pham Nhat Vuong, founder and Chairman of Vingroup, the parent company of VinFast, moving from the role of Chairman of the Board of Directors of VinFast to assume the position of General Director of VinFast, replacing Ms. Le Thi Thu Thuy.

Mr. Pham Nhat Vuong will also take over the position of CEO. At the same time, Ms. Le Thi Thu Thuy will move from the role of General Director of VinFast to the position of Chairwoman of the Board of Directors.

As CEO of VinFast, Mr. Pham Nhat Vuong will directly manage operations, including global production, sales and market strategy.

The company also announced the appointment of Ms. Nguyen Thi Lan Anh as the new Chief Financial Officer, replacing Mr. David Mansfield. She joined Vingroup Corporation in 2020 and has held many positions at the corporation and its member units such as Deputy General Director of Finance and Operations; Chief Financial Officer of VinES Energy Solutions Joint Stock Company (VinES)...

This change at VinFast comes as the company announced it was entering a new phase of development.

Biến động thượng tầng VinFast: Ông Phạm Nhật Vượng trực tiếp ra trận - 1

Mr. Pham Nhat Vuong takes over the position of CEO of VinFast (Photo: Vingroup).

Specifically, the company said that after successfully penetrating the North American market and listing on the US stock exchange, VinFast's Board of Directors determined that this was the right time to rearrange the roles of its leadership members to prepare for the next stage of development.

Ms. Le Thi Thu Thuy stated that with a strong production foundation, an increasingly growing distribution network and the support of a talented team, VinFast has favorable conditions to accelerate its global expansion.

"I truly believe that VinFast will continue to grow strongly thanks to Mr. Pham Nhat Vuong's leadership and business acumen. I look forward to continuing to work with Mr. Pham Nhat Vuong and the leadership team in a new role to lead and promote the continuous development of VinFast," Ms. Thuy emphasized.

Ms. Thuy also shared that although her title has changed, she will continue to interact with external partners and VinFast's capital mobilization activities.

VinFast's Board of Directors assessed that Mr. Pham Nhat Vuong is "the most suitable person" for the position of Global CEO of VinFast because he has a wealth of valuable experience gained from founding and developing VinFast.

Mr. Pham Nhat Vuong is also the leader of Vingroup, the largest multi-industry corporation in Vietnam with businesses operating in many fields from industry, technology, real estate to services.



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