PGBank elects two new independent members of the Board of Directors

On August 26, in Hanoi, Prosperity and Development Joint Stock Commercial Bank (PGBank) held the 2024 Extraordinary General Meeting of Shareholders with the participation of a large number of shareholders.

During the program, the Congress discussed and approved important contents to orient the development strategy and improve the operational efficiency of the bank in the coming time.

At the Congress, PGBank presented a Proposal on the election of two additional independent members to the Board of Directors, including Ms. Cao Thi Thuy Nga and Mr. Dao Quoc Tinh. This is a necessary step to strengthen governance capacity, enhance management quality and ensure sustainable development for the bank in the new period.

Shareholders voted to agree on the content of the Meeting.

Mr. Dao Quoc Tinh has a Bachelor's degree in Industrial and Commercial Credit, a Master's degree in Banking and Finance, and a PhD in Economics (Banking Academy). Mr. Tinh has 38 years of experience in the field of finance and banking and has held many important positions at the State Bank of Vietnam such as Deputy Chief Inspector and Banking Supervision Officer; Deputy Director in charge of the General Control Department; Deputy Director of the Transaction Office; Director of the Anti-Money Laundering Information Center, etc.

Ms. Cao Thi Thuy Nga has a Bachelor of Finance, a Master of Finance - Monetary (Academy of Finance) and has 42 years of experience in the field of finance and banking. Before becoming an independent member of the Board of Directors of PGBank, Ms. Nga held the role of Deputy General Director - MBBank, Chairwoman of the Board of Directors - MB Securities Joint Stock Company and currently Ms. Nga is also a member of the Board of Directors - Vietnam Business Consulting and Connection Joint Stock Company.

According to PGBank, this is to enhance transparency and objectivity in bank management. Independent members will bring multi-dimensional perspectives, thereby helping the Board of Directors make decisions more suitable to market requirements and the sustainable development orientation of PGBank.

Mr. Pham Manh Thang - Chairman of the Board of Directors of PGBank, on behalf of the Board of Directors, congratulated the two independent members and shared: "I hope that the joining of the two new independent members of the Board of Directors will contribute to accelerating the restructuring process and further enhancing the competitiveness of PGBank."

Mr. Pham Manh Thang - Chairman of PGBank Board of Directors chaired the Congress.

Another important content that was also approved this time was the Proposal on changing the location of PGBank's head office. Accordingly, the head office will be moved to 79 Dich Vong Hau building, Cau Giay district, Hanoi. From the need to expand working space and invest in modern and spacious facilities, the new head office promises to contribute to enhancing the brand image, while creating a comfortable and professional working environment for staff.

With these important decisions, PGBank hopes to create a solid foundation for continued development, increase value for shareholders and affirm its position in the banking and finance industry.

Prosperity and Development Joint Stock Commercial Bank (PGBank), formerly Dong Thap Muoi Rural Joint Stock Commercial Bank, was established on November 13, 1993. In 2007, PGBank changed its name to Petrolimex Joint Stock Commercial Bank and has grown steadily, gradually building trust with customers.

December 2023 marks an important milestone for PGBank as it enters a period of transformation and strong breakthrough by changing its name to Prosperity and Development Joint Stock Commercial Bank, and changing its brand identity.

PGBank is currently operating with a wide network of 18 branches, 64 transaction offices with nearly 2,000 employees nationwide.

Source: https://nhandan.vn/pgbank-bau-hai-thanh-vien-hoi-dong-quan-tri-doc-lap-moi-post826824.html