VietinBank adds more candidates to the Board of Directors

Vietnam Joint Stock Commercial Bank for Industry and Trade ( VietinBank - HoSE: CTG) has just announced unusual information about updating and supplementing documents for the 2024 Extraordinary General Meeting of Shareholders.

Accordingly, the bank has added one more candidate to the Board of Directors (BOD) for the 2024 - 2029 term.

Specifically, the new General Meeting of Shareholders of VietinBank has added Mr. Nguyen Viet Dung, Secretary of the Governor of the State Bank of Vietnam (SBV).

Mr. Dung was born in 1986, with a Bachelor's degree in Development Economics from the National Economics University and a Master's degree in International Business from the University of Bolton (UK).

Since 2013, Mr. Dung has started working at the State Bank, holding the position of interest rate specialist and then the Deputy Governor's secretary. From March 2022 to present, Mr. Dung has held the role of Secretary of the Governor of the State Bank.

Mr. Nguyen Viet Dung (left) is currently Secretary of the Governor of the State Bank.

In the previous submission, VietinBank planned to elect only one more member to the Board of Directors, Mr. Nguyen Tran Manh Trung - Deputy General Director of VietinBank.

Mr. Trung was born in 1983, with a bachelor's degree in Banking and Finance from the National Economics University and a master's degree in Banking and Finance from the Banking Academy.

He has nearly 20 years of experience in the field of finance and banking. From 2005 to present, he has held many different roles and positions while working at VietinBank.

From the position of Corporate Customer Relations Officer in the period 2005 - 2011, to Deputy Head of Risk Management and Debt Management Department... From July 2015 to May 2022, he held the role of Director of VietinBank Hanoi Branch. From September 2022 to present, Mr. Trung has held the position of Deputy General Director of VietinBank.

According to information on VietinBank's website, the Board of Directors currently has 9 members with Mr. Tran Minh Binh as Chairman. Thus, after the extraordinary General Meeting of Shareholders, the bank's Board of Directors is expected to have 11 members.

Recently, VietinBank also announced the Board of Directors' Resolution approving and officially announcing the bank's 2024 business plan targets.

Accordingly, in 2024, the bank aims to increase total assets from 8% to 10%. Outstanding credit is implemented according to the limit approved by the State Bank and the credit management policy orientation of the State Bank in each period.

Mobilized capital is consistent with credit growth rate, ensuring safety ratios according to regulations of the State Bank. The bank's bad debt ratio according to Circular 11 is below 1.8%. Notably, VietinBank has set a separate pre-tax profit target of VND26,300 billion.

Source: https://www.nguoiduatin.vn/vietinbank-bo-sung-them-ung-vien-vao-hoi-dong-quan-tri-204241016194642573.htm