The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announced the appointment of senior executives on 15 November 2018.

Mr. Le Minh Hung, member of the Central Party Committee, governor of the State Bank of Vietnam; Mr. Pham Viet Thanh – member of the Central Party Committee, Party Secretary of Central Business Bloc; representatives of departments under the State Bank of Vietnam, the central business sector and the leadership and key managers of BIDV were in attendance.

At the ceremony, Mr. Pham Viet Thanh presented a decision of the Standing Party Committee of the Central Business Bloc on assignment of Mr. Phan Duc Tu to the post of BIDV Party Committee Secretary for 2015-2020 tenure.

Governor of the State Bank of Vietnam (SBV) Mr. Le Minh Hung handed to Mr. Phan Duc Tu Decision No.2269/QD-NHNN dated 15 November 2018 appointing Mr. Phan Duc Tu - Chairman of BIDV's Board of Directors as the representative of the 40 percent of State capital in BIDV.

The SBV Governor Le Minh Hung said that the appointment of senior executives at BIDV helps the bank strengthen management capacity to better implement the restructuring scheme of the 2016-2020  period; promoting its key role in implementing monetary policies for the national economic development.

Also at the event, BIDV announced the decision of its Board of Directors assigning Mr. Le Ngoc Lam – senior executive vice president – to be in charge of the bank’s Board of Management effective 15 November 2018.

* Mr. Phan Duc Tu born in 1964 joined BIDV in 1987. He became Head of BIDV Quang Ngai branch in January 1998 and Head of Human Resources in March 2005. He was appointed Senior Executive Vice President in June 2007. In May 2012 he was a Board member and Chief Executive Officer of BIDV. He has been elected Chairman of the Board of Directors of BIDV since 15 November 2018

* Mr. Le Ngoc Lam born in 1975 joined BIDV in 1997. He was appointed Deputy Head of Credit Risk Management in March 2009, Deputy Head of Investment Banking, Transaction Center 1 in October 2010. In April 2012 he was Head of Credit Risk Management and Head of Corporate Banking in April 2013. He was appointed Senior Executive Vice President of BIDV on 15 January 2015. He has been assigned to be in charge of the Board of Management of BIDV since 15 November 2018.