Announcement of the appointment of senior executives in Head Office for the term of 2016 - 2018

On 8/3/2017, at the Head Office of Vietnam - Russia Joint Venture Bank (VRB), no. 1A, Yet Kieu Street, Hoan Kiem District, Hanoi, there was an announcement of the appointment of senior executives in Head Office for the term of 2016 - 2018 of VRB.

Attending the ceremony were Mr. Tran Luc Lang - Deputy General Director and representatives of the BOD, Leaders of Departments/ Centers in Head Office - Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) , members of BOM, BOD, Leaders of Branches, Departments/ Centers at VRB’s Head Office.

On the basis of the agreement between BIDV and VTB, approved by the State Bank of Vietnam, at the ceremony, authorized by the Chairman of the BOM, VRB’s General Director, Mr. Pham Van Khien - Deputy Chief of the Administration Department has announced the decisions of the VRB’s Chairman of BOM on the election of senior executives of VRB for the term of 2016 - 2018, including:

• Resolution no.023/2017/NQ-HDTV dated 03/03/2017 on the election of Mr. Chumakovskiy Sergey Olegovich - Member of BOM to assume the position of Chairman of VRB’s BOM.
• Resolution no.038/2017/NQ-HDTV dated 03/03/2017 on the election of Mr. Nguyen Sy Chi - former Deputy General Director - Member of BOM to assume the position of Vice Chairman of the BOM.
• Resolution no.035/2017/NQ-HDTV dated 03/03/2017 on the election of Mr. Doan Minh Tien as Member of VRB’s BOM.
• Resolution no.028/2017/NQ-HDTV dated 03/03/2017 on the election of Mr. Nguyen Dinh Duong as Member of VRB’s BOM.
• Resolution no.027/2017/NQ-HDTV dated 03/03/2017 on the election of Mr. Goncharov Ilya to assume the position as Member of VRB’s BOM.
• Resolution no.024/2017/NQ-HDTV dated 03/03/2017 on the election of Mr. Annanienko Pavel to assume the position as Member of VRB’s BOM.

(Mr. Tran Luc Lang - BIDV’s Deputy General Director handed the decision to Chairman Chumakovskiy S.O, Vice Chairman of BOM - Mr. Nguyen Sy Chi, Member of BOM - Mr. Doan Minh Tien and Member of BOM - Mr. Nguyen Dinh Duong)

After handing over the resolution, the members of BOM of two terms 2012 - 2015 and 2016 - 2018 signed the handover minutes before all members of the new term.

(Representative of the BOM of two terms 2012 - 2015 and 2016 - 2020 signed the handover minutes)

(Leaders of VRB branches donated flowers and gifts to Mr. Nguyen Van Huy - Former Vice Chairman of VRB Board term of office 2012 - 2015)

Speaking at the ceremony, the new Vice Chairman of BOM, Mr. Nguyen Sy Chi, on behalf of the new BOM’s members sent thanks to two parent banks, BIDV and VTB has entrusted the task, at the same time committed to the new term council, based on the firm foundation of VRB after 10 years of construction, with Supervisory Board will find out solutions and innovations for the working environment, guiding VRB to complete the business objectives and mission of the two parent banks and the government of the two countries.

Besides the election for members of BOM, VRB also announced some decisions appointing the position of Deputy General Director and Chief Accountant, including:

• Resolution no.036/2017/HDTV dated 03/03/2017 on the election of Mr. Luong Duc Thanh - Chief Accountant to assume the position of Deputy General Director.
• Resolution no.033/2017/HDTV dated 03/03/2017 on the election of Ms. Phung Phuong Quynh - Vice Director of Financial and Accounting Department to assume the position of Chief Accountant.

(Representative of Board of Directors, VRB Executive Board handed over the appointment decision to Deputy General Director Luong Duc Thanh and Chief Accountant Phung Phuong Quynh)

Also at the ceremony, Mr. Tran Luc Lang, BIDV's Deputy General Director, on behalf of the two parent banks thanked the members of BOM for the term of 2012 - 2015, having successfully fulfilled their tasks, congratulated the elected leaders, senior executives of VRB in the new term. Deputy General Director Tran Luc Lang also directed the BOD, VRB staff need to make more efforts to improve the management capacity, quality of human resources and labor productivity to complete well the objectives and plans allocated.

 

(BIDV Tran Luc Lang spoke at the ceremony)

Recognizing the straight and drastic directions of BIDV’s Deputy General Director Tran Luc Lang, the Chairman of VRB's BOM for the term of 2016 - 2018 Chumakovskiy S.O, on behalf of VRB's BOM, committed to work well with the leadership role, continue achieve the set objectives, strategies, making VRB become a prestigious credit institution on the market, achieving good business results in the coming time.

VRB is the only joint venture bank between Vietnam and the Russian Federation, officially came into operation on 19/11/2006. VRB has a chartered capital of 168.5 million USD. The capital contribution ratio between the two founding members - BIDV and VTB - is 50:50. VRB has 16 branches and transaction offices in 06 provinces and cities including Hanoi, Ho Chi Minh City, Vung Tau, Khanh Hoa, Danang and Hai Phong.