VNDirect 'changes seats' of Chairman and General Director again

VNDirect Securities Corporation (VND) has just announced the dismissal of Mr. Nguyen Vu Long from the position of Chairman of the Board of Directors. Mr. Long returns to the position of General Director.

Meanwhile, Ms. Pham Minh Huong - the "female general" of VNDirect has resigned from the position of General Director of the company and returned to the position of Chairwoman of the Board of Directors. The decision takes effect from September 18.

Previously, at the end of April, VNDirect Securities dismissed Ms. Pham Thi Huong from the position of Chairwoman of the Board of Directors. Ms. Huong transferred to the position of General Director of this securities company.

Replacing Ms. Huong at that time was Mr. Nguyen Vu Long. Previously, Mr. Long held the position of Acting General Director.

So after nearly 5 months, the two leaders continued to change positions.

Ms. Huong has been the Chairwoman of VNDirect's Board of Directors since the company's establishment in 2006. She has nearly 30 years of experience in the banking and finance sector.

According to VNDirect's 2022 management report, Ms. Huong directly holds 35.92 million VND shares, equivalent to 2.95% of VNDirect's charter capital.

Meanwhile, Mr. Long has been with VNDirect for 8 years, holding many positions. Mr. Long officially assumed the position of Acting General Director from November 22, 2021 and was elected as a member of the Board of Directors at the 2022 Annual General Meeting of Shareholders on April 25, 2022.

Regarding business performance, in the first 6 months of 2023, VNDirect recorded operating revenue of VND 2,878 billion, down 20% over the same period. Profit after tax reached VND 561 billion.

At the end of the trading session on September 19, VND shares were priced at VND 24,750/share.

In another development, Ms. Vu Nam Huong, Chief Financial Officer and Legal Representative, sold all 728,000 shares. The transaction was conducted by order matching method, from September 11 to September 13.

A series of high-level personnel changes at Loc Troi, PNJ, Bamboo Capital, Sasco Many large enterprises in the fields of retail, agriculture, aviation, and real estate have just had important changes in senior leadership positions.

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