On April 8, 2024, Bamboo Capital Group (HoSE: BCG) announced the resignation of Mr. Nguyen The Tai from the position of General Director. Mr. Nguyen Tung Lam was appointed as the new General Director of Bamboo Capital.
Mr. Nguyen The Tai will continue to be associated with Bamboo Capital in other positions at this Group. Mr. Nguyen Tung Lam's assumption of the position of General Director is part of the roadmap to increase empowerment for young leaders that Bamboo Capital has planned.
Mr. Nguyen Tung Lam has been associated with Bamboo Capital for a long time. Before being appointed as General Director, Mr. Lam was a member of the Board of Directors and Deputy General Director of Bamboo Capital Group.
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| Mr. Nguyen Tung Lam, new General Director of Bamboo Capital Group. |
At BCG Land (a member company of Bamboo Capital), Mr. Nguyen Tung Lam is the Standing Vice Chairman of the Board of Directors. He also holds the position of Vice Chairman of the Board of Directors of AAA Insurance Corporation - another member of the Group.
In the positions he held, Mr. Nguyen Tung Lam has shown his mark with outstanding achievements, especially in project development and expanding the company's network of operations.
According to information released by Bamboo Capital, Mr. Lam graduated with a bachelor's degree in Business Administration from Hanoi Foreign Trade University and completed a Master's degree in Finance from Bentley University (USA). Mr. Lam has more than 10 years of experience working in the finance and banking sector, having held senior executive positions at commercial joint stock companies and banks.
Mr. Nguyen The Tai - who has just resigned from the position of General Director of Bamboo Capital - is a founding member and has been the General Director of Bamboo Capital since its inception. During more than 12 years in this position, together with the Board of Directors, Mr. Nguyen The Tai has actively contributed to the management, making Bamboo Capital one of the prominent multi-industry corporations.
With his acumen, Mr. Nguyen The Tai was the one who built the strategic orientation for digital transformation, applying technology to Bamboo Capital's working process very early. After resigning from the role of General Director and member of the Board of Directors, Mr. Tai continued to be associated with Bamboo Capital in other responsibilities.
Recently, one of Bamboo Capital's veteran leaders, Mr. Pham Minh Tuan, First Executive Vice President of the Board of Directors, shared: "One of the important goals for 2024 that the Board of Directors of Bamboo Capital Group has determined to implement is to continue to enhance the efficiency of the operating apparatus and empower more talented young leaders. This will first be implemented at the parent company, Bamboo Capital. The Group's key leaders will gradually withdraw to the Board of Directors to manage and set strategies, while creating an open corridor for young leaders to directly manage and develop investment projects."
“Bamboo Capital Group in 2024 will be many times larger in scale than when it was first established in 2011. The Group's operations with thousands of employees have also reached the point where it needs to shift from a model dependent on a few people to a professional management model, promoting decentralization and having a clear mechanism for monitoring and supervising operational efficiency. For Bamboo Capital to develop sustainably, it needs to combine the experience of the Board of Directors with the youthful enthusiasm of middle and senior leaders,” said Mr. Pham Minh Tuan.
According to observations, at subsidiaries that carry out important core business areas such as BCG Energy or BCG Land, two veteran leaders, Mr. Pham Minh Tuan and Mr. Nguyen Thanh Hung, are still directly operating as General Directors. At other member companies such as Tracodi, Tipharco Pharmaceuticals, Nguyen Hoang, etc., the Executive Board has gradually been rejuvenated by middle and senior leaders who have been trained and tempered by BCG over the past time.
Bamboo Capital's 2024 General Meeting of Shareholders is expected to be held online on April 27. According to the published document, Bamboo Capital aims for total consolidated revenue in 2024 to reach VND 6,102.5 billion and total profit after tax to reach VND 951.7 billion. Compared to the results achieved in 2023, Bamboo Capital Group's 2024 business plan is expected to increase 152% in revenue and 5 times in profit.
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