Chairman and a series of leaders of a top 4 insurance company suddenly resigned

(NLDO) - The Chairman and a series of leaders of the Military Insurance Corporation have resigned for personal reasons.

Recently, Military Insurance Corporation (MIC, stock code: MIG) has sent a written report to the Ho Chi Minh City Stock Exchange (HOSE) about the resignation of members of the Board of Directors and members of the Board of Supervisors.

Specifically, Mr. Uong Dong Hung, currently Chairman of the Board of Directors, resigned from this position and membership of the Board of Directors for personal reasons.

For the same reason, Ms. Nguyen Thi Thuy and Ms. Ngo Bich Ngoc also submitted their resignations from their positions as members of the Board of Directors of MIC.

At the same time, two members of the Board of Supervisors, Ms. Bui Thi Hong Thuy and Ms. Hoang Thi Tuyet Mai, also submitted their resignations.

The resignation of a series of senior leaders at MIC took place right before the 2025 Annual General Meeting of Shareholders, scheduled for March 31.

According to the introduction on the Military Insurance website, Mr. Uong Dong Hung is one of the young leaders who grew up in the environment of the Military Commercial Joint Stock Bank (MBBank, stock code: MBB).

He has nearly 20 years of experience in the field of finance and banking and has held many leadership positions at MBBank.

Mr. Uong Dong Hung has just submitted a resignation letter from the position of Chairman of the Board of Directors of Military Insurance. Source: MIC

From April 2012 to August 2013, Mr. Hung held the position of Director in charge of business in the Central Highlands region and Director of MB Transaction Office.

On August 2, 2013, he was appointed as Deputy General Director of MB with the key task of strongly promoting the development of MB in the Southern market. On May 28, 2015, at the General Meeting of Shareholders of MIC, he was elected as Chairman of the Board of Directors.

At the conference to summarize business activities in 2024 and deploy tasks in 2025 in Hanoi, MIC said that although storm Yagi had a severe impact on the economy and the insurance industry in general and MIC in particular, by the end of 2024, MIC had maintained its position in the top 4 in terms of revenue in the non-life insurance market.

Total original insurance revenue in 2024 reached VND 5,017 billion, up 7.2% compared to 2023. Pre-tax profit reached VND 308 billion, down 12.5% ​​compared to last year, completing 70% of the plan.

Source: https://nld.com.vn/chu-tich-va-loat-lanh-dao-mot-cong-ty-bao-hiem-top-4-bat-ngo-xin-tu-chuc-196250322082511465.htm