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Banking & Finance

Personnel changes at Eximbank ahead of AGM

Released at: 10:36, 11/12/2015

Personnel changes at Eximbank ahead of AGM

Nominees also announced for positions on management and supervisory boards.

by Hung Nguyen

The Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has announced changes to its senior personnel and nominees for the management and supervisory boards in preparation for its annual general meeting on December 15.

Deputy Director Tran Tan Loc will become Acting General Director, replacing Mr. Pham Huu Phu, who has resigned.

Born in 1969, Mr. Loc has been working for Eximbank since 1994 and has held the position of Deputy Director since March 2007.

On December 10 Mr. Phu was nominated as a member of the management board by 10 per cent of shareholders but has requested the nomination be withdrawn.

Eximbank also released a full list of nominees for positions on the management board and supervisory board for the 2015-2020 term, which includes one representative from the State Bank of Vietnam (SBV), two foreigners representing strategic shareholders, and a former leader of NamABank.

The nominees include Mr. Cao Xuan Ninh, nominated by 11.28 per cent of shareholders with voting rights and from the SBV, Mr. Naoki Nishizawa from Sumitomo Mitsui Banking Corporation, voted by 10.05 per cent, Mr. Yasuhiro Saitoh, by 10.05 per cent, Mr. Dang Phuoc Dua, by 10.32 per cent, Mr. Ngo Thanh Tung, by 10.18 per cent, Mr. Pham Huu Phu, by 10.05 per cent, who has asked his nomination be withdrawn, Mr. Tran Ngo Phuc Vu, nominated by 10.51 per cent of shareholders, and Mr. Tran Ngoc Tam, by 11.722 per cent. Mr. Vu and Mr. Tam are former leaders of NamABank.

Nominees for the supervisory board include Mr. Tran Le Quyet, Ms. Pham Thi Mai Phuong, Mr. Tran Ngoc Dung, and Mr. Trinh Quoc Bao.

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