On January 6, Vinfast announced that Mr. Pham Nhat Vuong, founder and Chairman of Vingroup, the parent company of VinFast, will move 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 Executive Director. At the same time, Ms. Le Thi Thu Thuy will move from the role of General Director of VinFast to assume the position of Chairwoman of the Board of Directors.
Billionaire Pham Nhat Vuong
The company also announced the appointment of Ms. Nguyen Thi Lan Anh as the new Chief Financial Officer, replacing Mr. David Mansfield.
Following VinFast’s strong growth and impressive business achievements in recent years, especially the Company’s successful penetration into the North American market and listing on the US stock exchange, the Board of Directors determined that this was the right time to reorganize the roles of its leadership members to prepare for the next stage of development.
“I am proud of VinFast’s achievements. We have developed one of the most diverse ranges of electric vehicles in record time and successfully entered the global automobile market,” said Ms. Le Thi Thu Thuy.
“With a strong manufacturing foundation, a growing distribution network and the support of a talented team, VinFast is well positioned to accelerate its global expansion. I am confident 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 my new role to lead and drive the continued growth of VinFast,” Ms. Thuy emphasized.
“While my title will change, I will continue to engage with external partners and VinFast’s fundraising activities. I look forward to continuing discussions with investors as we execute our ambitious growth strategy. Finally, as Chairwoman of the Board, I will also focus on delivering on VinFast’s mission and ensuring the company’s high governance standards are maintained,” Ms. Thuy added.
As CEO of VinFast, Mr. Pham Nhat Vuong will directly manage operations, including global manufacturing, sales and market strategy. The Board of Directors believes 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 market-leading businesses in a range of fields from industry, technology, real estate to services.
Mr. Pham Nhat Vuong - who has held the position of Chairman of the Board of Directors of VinFast since March 2022 - is the Chairman of the Board of Directors of Vingroup Corporation, the parent company of VinFast. Mr. Pham Nhat Vuong is the first Vietnamese billionaire to be named in the list of world billionaires published by Forbes Magazine in 2013.
Ms. Le Thi Thu Thuy, who is currently transitioning to the role of Chairwoman of VinFast, will serve as Executive Director of the Board of Directors and Global CEO from March 2022. She joined Vingroup in 2008 as Chief Financial Officer and was later appointed CEO of Vingroup and VinSmart. She left these positions in 2014 and 2021. She has served as Chairwoman of VinFast and Vice Chairwoman of Vingroup since the company was founded in 2017.
Ms. Lan Anh, who assumes the role of Chief Financial Officer, joined Vingroup in 2020. She has extensive knowledge of the Company’s operations, including the production and supply chain, from her position as Deputy General Director of Finance & Operations and Chief Financial Officer of VinES Energy Solutions Joint Stock Company (“VinES”), the battery manufacturing company of Vingroup. She is also a Senior Fellow of the Association of Chartered Certified Accountants (FCCA) and a Fellow of the Institute of Certified Public Accountants of Australia (CPA).
Vietnam.vn
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