General director of VietinBank appointed new chairman
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Vietnam Bank for Industry and Trade (VietinBank) has elected General Director Tran Minh Binh as the bank’s new chairman for the 2019-2024 term.
The appointment came Tuesday, two months after the bank’s former chairman, Le Duc Tho, was appointed secretary of Ben Tre Provincial Party Committee from July.
Tran Minh Binh, 47, holds a Master’s degree in Business Administration from National Economics University – Belgium’s ULB University.
Binh has more than 22 years of experience working at VietinBank, including 17 years as a professional manager at the head office and branches and eight years as a senior manager.
On the same day, the bank also assigned Nguyen Hoang Dung, its deputy general director, as general director in charge of the executive board, replacing Tran Minh Binh.
VietinBank, the third-largest lender by total assets in Vietnam, made a consolidated net profit of VND10.81 trillion ($473.69 million) in the second quarter of 2021, up 44.52 percent compared to the same figure in 2020, according to the bank’s financial report.
Questions & Answers
Q.When did the new chairman's appointment take effect?
When did the new chairman's appointment take effect?
Tran Minh Binh was appointed chairman on Tuesday. This occurred two months after the previous chairman, Le Duc Tho, was named secretary of Ben Tre Provincial Party Committee in July.
Q.What is the new chairman's background and experience at VietinBank?
What is the new chairman's background and experience at VietinBank?
Tran Minh Binh, aged 47, holds a Master's degree in Business Administration. He has over 22 years of experience at VietinBank, including 17 years as a professional manager and eight as a senior manager.
Q.Who has taken over Tran Minh Binh's previous role as General Director?
Who has taken over Tran Minh Binh's previous role as General Director?
Nguyen Hoang Dung, formerly the deputy general director, has been assigned as general director in charge of the executive board. He replaced Tran Minh Binh in this role on the same day.
Q.How did VietinBank's net profit perform in the second quarter of 2021?
How did VietinBank's net profit perform in the second quarter of 2021?
VietinBank reported a consolidated net profit of VND10.81 trillion ($473.69 million) in the second quarter of 2021. This represents a 44.52 percent increase compared to the same period in 2020.
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