Nguyen Thanh Tung appointed deputy general director of VietinBank

On July 1, VietinBank announced the Board of Directors' decision on senior management appointments. Nguyen Thanh Tung, the Director of the Corporate Clients Division, was appointed Deputy General Director and Director of the Corporate Clients Division of VietinBank. The appointment is for a five-year term starting July 1, 2026.

Cause

The appointment reflects VietinBank’s ongoing governance and leadership development process and was carried out in strict compliance with Party and State Bank of Vietnam regulations on cadre work.

Development

The ceremony to announce the appointment was attended by senior officials, including:

• Mr. Pham Thanh Ha, a member of the Party Committee's Standing Board and Deputy Governor of the State Bank of Vietnam (SBV);
• Mr. Tran Minh Binh, Secretary of the Party Committee and Chairman of VietinBank's Board;
• Mr. Nguyen Tran Manh Trung, Deputy Secretary of the Party Committee, and a Board member and General Director of VietinBank;
• Other members of the Party Committee Standing Board, Board members, executive committee, and VietinBank Control Committee.

Data and background

• Mr. Nguyen Thanh Tung is a well-trained manager with capability, professional qualifications, and practical experience in VietinBank’s key business areas, including headquarters and branches.
• He has nearly 30 years of experience in the VietinBank system, including nearly 14 years in middle management.
• Since May 2022, Mr. Tung has served as the Director of the Corporate Clients Division.
• Throughout his various roles, he has demonstrated innovative thinking, governance and operational leadership, a high sense of responsibility, and contributed to VietinBank’s overall development.
• The appointment process for the Deputy General Director position was conducted in strict compliance with Party and SBV regulations on cadre work.

Impact

In remarks following the appointment, Deputy Governor Pham Thanh Ha congratulated the newly appointed Deputy General Director Nguyen Thanh Tung and expressed confidence that, in the new position, he will work with VietinBank’s leadership to drive strong and sustainable development. The Deputy Governor also directed key orientations, urging VietinBank to continue strengthening governance and leadership, effectively implementing business objectives and fulfilling the role of a state-owned commercial bank.

VietinBank Chairman Tran Minh Binh urged Mr. Tung to continue leveraging his abilities, experience, and leadership, and to work with the bank’s executive team to maintain unity, strengthen governance, and pursue VietinBank’s strategic objectives in the new development phase. Upon assuming office, Mr. Tung thanked VietinBank’s leadership for trust and pledged to stay receptive, dedicated, and to strive to contribute more to VietinBank’s strong and sustainable growth.

Analysis / Expert Opinion

The statements from the Deputy Governor and the Chairman emphasize governance, leadership, and alignment with VietinBank’s strategic objectives as the bank moves into its new development phase. The appointment aims to reinforce the bank’s capacity to implement its business objectives while upholding its role as a state-owned commercial bank.