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Banking & Finance

New chairman for VCBS

Released at: 08:38, 16/06/2015

New chairman for VCBS

Mr. Pham Thanh Ha takes up position at Vietcombank Securities from June 15.

by Hung Nguyen

Mr. Pham Thanh Ha has been assigned by Vietcombank's Board of Management as Chairman of Vietcombank Securities (VCBS) from June 15, replacing Mr. Pham Quang Dung.

The assignment was made under Decision No. 607/QD-VCB-TCCB&DT issued in June 9.

Mr. Ha is also Deputy General Director of Vietcombank and holds a Master's Degree in Finance and Investment from George Washington University in the US.

Mr. Pham Quang Dung still holds other senior positions at Vietcombank - General Director of the bank and Chairman of the Vietcombank Financial Leasing Company.

In the first quarter VCBS ranked fourth in terms of brokerage market share at the Hanoi Stock Exchange.

It recently worked with Masan Consumer Group in a deal to issue VND9 trillion ($412.83 million) worth of corporate bonds.

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