On September 22, the State Bank of Vietnam (SBV) held a meeting to announce the Decision of the Governor of the State Bank on personnel to join the Board of Directors of Saigon Commercial Joint Stock Bank (SCB).
Accordingly, the State Bank has decided to stop appointing personnel to join SCB’s Board of Directors for Mr. Vu Anh Duc. Accordingly, Mr. Vu Anh Duc resigned as Chairman of the Board of Directors and was transferred back to take on an important position at VietinBank.
At the same time, the State Bank also decided to requisition and appoint Mr. Phan Dinh Dien resigns from his position as Member of the Board of Directors Agribank takes over the position of Chairman of the Board of Directors of SCB replacing Mr. Vu Anh Duc from September 22.
The Monetary Authority said that the personnel change took place in the context that SCB’s operations are gradually stabilizing, gradually handling difficulties and focusing on building the Project. restructuring.
After more than a year SCB was put under special control SCB has coordinated with relevant functional units of the State Bank of Vietnam, ministries and agencies of Ho Chi Minh City to ensure safety. banking system and ensuring the rights and interests of depositors.
According to information introduced by the State Bank, Mr. Phan Dinh Dien has nearly 30 years of working in the banking industry and has held many important positions at Agribank. Mr. Dien has administrative and executive capacity, especially with a lot of experience in debt handling.
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