Profile of 2 8x members elected to VietinBank Board of Directors

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank - Stock code: CTG) has just announced a list of 2 candidates to be elected to the Board of Directors (BOD) for the 2024-2029 term at the extraordinary general meeting of shareholders held on October 17.

According to the old proposal, VietinBank planned to elect one more member to the Board of Directors, Mr. Nguyen Tran Manh Trung, currently the bank's Deputy General Director. However, the new proposal added Mr. Nguyen Viet Dung, who is the Secretary of the Governor of the State Bank.

Mr. Nguyen Viet Dung was born in 1986, is introduced as a bachelor of development economics, National Economics University and a master of international business, Bolton University (UK).

In 2013, he started working at the State Bank as an interest rate specialist, Monetary Policy Department. In September 2014, he was transferred to the position of Deputy Governor's Secretary. In June 2016, he became Deputy Governor's Secretary - Head of Department. In November 2020, he became Governor's Secretary - Deputy Head of Department and from March 2022 to present, he has been appointed as Secretary of the Governor of the State Bank.

Mr. Nguyen Viet Dung (left) is currently Secretary of the Governor of the State Bank (Photo: SBV).

Mr. Nguyen Tran Manh Trung, born in 1983, is introduced as having a degree in banking and finance from the National Economics University and a master's degree in banking and finance from the Banking Academy.

He started working at VietinBank in 2005, holding many positions at Dong Da branch such as corporate customer relations officer and Deputy Manager of Risk Management Department.

In July 2011, he worked as a secretary at the head office. From June 2014, he was appointed as Acting Head of Business Operations Management Department. From October 2014, he worked as Deputy Director of the block and Head of the Large Corporate Clients Department.

In July 2015, he became Director of VietinBank Hanoi Branch. In September 2022, he was appointed Deputy General Director.

Earlier this year, the 2024 Annual General Meeting of Shareholders elected VietinBank's Board of Directors for the 2024-2029 term with 9 members. Mr. Tran Minh Binh is the Chairman of the Board of Directors.

After the extraordinary general meeting, VietinBank's Board of Directors will have 11 members. Mr. Nguyen Tran Manh Trung and Nguyen Viet Dung are expected to be the two youngest members of VietinBank's Board of Directors. The youngest member of the bank's Board of Directors is currently Mr. Takeo Shimotsu, born in 1979.

In the first half of this year, VietinBank achieved VND12,960 billion in pre-tax profit, up 3% over the same period and ranked 6th in the industry. Customer loans reached VND1,570 trillion, up 6.7% over the end of last year. Customer deposits reached VND1,470 trillion, up 4%.

VietinBank's bad debt at the end of June was over VND24,000 billion, up 48% compared to the end of last year. The ratio of bad debt to total outstanding customer loans was 1.6%.

Source: https://dantri.com.vn/kinh-doanh/ho-so-2-thanh-vien-8x-duoc-bau-bo-sung-vao-hdqt-vietinbank-20241016211144675.htm