ANTD.VN - Mr. Pham Manh Thang, former Vice President of Vietcombank, will take over the position of General Director of PGBank from today, September 15, 2023.
The Board of Directors of Petrolimex Commercial Joint Stock Bank (PG Bank, stock code: PGB) has just decided to appoint Mr. Pham Manh Thang as the bank's General Director for a term of 5 years. The official appointment date is September 15, 2023.
Previously, Mr. Thang was appointed as Acting General Director, performing the powers and duties of General Director of PG Bank in early July, when Mr. Nguyen Phi Hung was dismissed from the position of General Director to take the position of Chairman of the Board of Directors of this Bank for the 2020-2025 term.
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Mr. Pham Manh Thang |
Mr. Pham Manh Thang was born in 1962, has a PhD in Economics - Banking Academy; applied mathematics engineer - Hanoi University of Science and Technology; bachelor of economics - National Economics University.
Before working at PG Bank, Mr. Thang had more than 30 years of working experience at the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and held the position of Deputy General Director of Vietcombank before retiring from May 1, 2023.
At PG Bank, the continuous changes in senior personnel recently took place after major shareholder Petrolimex successfully divested from the bank in early April.
Specifically, Petrolimex has publicly auctioned 120 million PGB shares of PG Bank at the Ho Chi Minh City Stock Exchange (HOSE). According to the auction results, 3 domestic organizations and 1 individual bought all 120 million PGB shares at an average price of VND21,400/share.
Recently, the State Bank of Vietnam also issued a document approving 3 institutional investors to purchase and transfer shares of PG Bank from Petrolimex Group, becoming major shareholders.
Specifically, Gia Linh Import-Export and Trade Development Company Limited is expected to receive the transfer of 39.3 million shares, equivalent to 13.1% of shares.
Cuong Phat International Joint Stock Company plans to receive the transfer of 40.5 million shares, equivalent to 13.54% of shares.
Vu Anh Duc Trading Joint Stock Company plans to receive the transfer of 40.1 million shares, equivalent to 13.36% of shares.
Thus, the above 3 institutional investors will receive a total transfer of 119.9 million shares, equivalent to 40% of PG Bank's charter capital.
It is expected that on October 23, PG Bank will hold the 2023 Extraordinary General Meeting of Shareholders.
The content of the General Meeting of Shareholders is to complete the personnel of the Board of Directors and the Supervisory Board; increase the charter capital. In particular, the General Meeting of Shareholders also plans to change the trade name and head office location. In addition, the General Meeting of Shareholders will also approve the restructuring plan associated with bad debt settlement for the period 2021-2025.
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