•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Nguyen Duc Thuy, born in 1976 in Ninh Binh, has been announced as a candidate for Sacombank’s board of directors. On the afternoon of April 21, Sacombank continued releasing supplementary materials for the bank’s 2026 annual general meeting of shareholders.
Sacombank’s board approved the supplementary materials to be presented at the meeting on April 22 in Phu Tho. A key item included in the materials is a proposal to add a member to the board for the 2022–2026 term, with Nguyen Duc Thuy—currently the bank’s Chief Executive Officer—set as the candidate.
Nguyen Duc Thuy holds a degree from Colorado State University (USA). He is described as an entrepreneur with governance experience across investment, finance, energy, and tourism.
In late December 2025, Thuy ended his term at LPBank and joined Sacombank as Acting General Director. Since early March, he has officially served as Sacombank’s Chief Executive Officer.
The 2026 Sacombank annual general meeting is expected to approve several important items, including the bank’s supplementary materials for shareholders and the withdrawal of a proposal to extend the bank’s post-merger restructuring plan.
Initially, the proposal—signed by Dương Công Minh, Chairman of Sacombank—sought to extend the timeline to 2030. The stated rationale was to gain more time to address asset backlog and related issues. The meeting materials are expected to include the withdrawal of this extension proposal.
Separately, Sacombank also filed a proposal to rename the bank. The proposed name after the change is Saigon Tai Loc Joint Stock Commercial Bank, abbreviated as SACOMBANK.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
