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OCB announced that Pham Hong Hai has submitted his resignation from the position of Chief Executive Officer, as the bank enters a new strategic phase with long-term growth objectives.
Pham Hong Hai spent two years with OCB, serving as CEO during a period of strong transformation. The bank repositioned and restructured its overall business strategy and organization, redefined target customer segments, and continued to push digital banking while enhancing user experience—steps OCB said helped it solidify a differentiated position in the financial banking market.
During his tenure, OCB also prioritized building a high-quality workforce and creating a stable and flexible operating foundation to adapt to market volatility.
Commenting on his resignation, Pham Hong Hai said: “During the time we have collaborated, I have always been confident that OCB is one of the domestically listed banks that has successfully built value in safety, effective operation, and above all transparency—these are the qualities I observed from day one and that is why I chose to partner with OCB.”
He added that beyond growth numbers, he was proud that the bank built “a solid platform, a strong team and a mindset ready to change to go further.” He said the decision to step down reflects that “every stage of a company’s development requires different approaches and priorities.”
Pham Hong Hai also stated that OCB is entering a new phase with bigger goals, requiring directions and operating models better suited to the new context, and he believes the timing is appropriate because “the organization is ready for the transition and I am ready for new challenges.”
After stepping down, he reaffirmed that he will remain active in the financial-banking sector, saying: “Finance remains the field I choose and will pursue for the long term. I believe with the experience I have accumulated, I will have many opportunities to contribute, even in a different role.”
OCB recently published its consolidated financial statements for Q1 2026, reporting positive developments in both scale and operating efficiency. The bank said the income structure indicates it is entering a fundamental recovery cycle, laying groundwork for sustainable growth in coming quarters.
OCB said the profit growth reflects positive signs in its development fundamentals amid macroeconomic volatility and other challenges.
For 2026, OCB set ambitious targets, including:
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