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On March 27, 2026, Saigon Thuong Tin Commercial Joint Stock Bank (SACOMBANK) announced and issued a decision appointing Mr. Loic Faussier as Deputy General Director, responsible for risk management, legal affairs, and compliance.
Mr. Loic Faussier was born in 1972 in France. He studied Economics at Université Paris Assas and holds two master’s degrees: a Master of Finance from Université Paris Dauphine and a Master of Business Law from the Institut d'études politiques de Paris.
He has more than 27 years of experience and has held senior leadership roles at major financial institutions in France, Hong Kong, Japan, and Vietnam, including Managing Director of HSBC Vietnam, Deputy CEO of HSBC Japan, Deputy CEO of Vietnam International Bank (VIB), CEO of Southeast Asia Bank (SeABank), and Senior Advisor to the Executive Management Committee at LPBank. He also worked at Citibank Paris and served as Finance Attaché at the French Embassy’s Trade Office in Beijing.
Following Mr. Faussier’s appointment, SACOMBANK’s Board of Directors comprises 12 members, with Nguyen Duc Thuy serving as CEO.
Alongside the appointment, SACOMBANK is implementing initiatives to modernize operations and increase flexibility. The bank has streamlined its structure into nine business units and transitioned to a vertically aligned governance model effective January 22, 2026. It also aims for a front-to-back staffing ratio of 80%–20% to improve efficiency and support sustainable growth.
SACOMBANK continues to leverage a network of more than 535 transaction points in Vietnam, Laos, and Cambodia, supported by four subsidiaries operating in specialized financial services.
The bank also maintains relationships with 9,734 agents across 404 banks in 104 countries and territories, which it said provides a foundation for international payments, trade finance, and cross-border transactions.
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