CEO of newly-merged SCB Bank resigns

15:46 | 16/10/2013

From October 15, Mr. Vo Tan Hoang Van - Vice President has been official the CEO of SCB Bank, replacing Mr. Le Khanh Hien, who resigned for personal reasons.

SCB, CEO, resign, merge
SCB Bank is merged by the three banks of SCB, Ficombank and TinNghiaBank.

According to information from the Saigon Commercial JS Bank (SCB), on October 15, the SCB Board of Directors appointed Mr. Vo Tan Hoang Van - Vice President to replace Mr. Le Khanh Hien as the bank’s CEO.

At the same time, the bank accepted CEO Le Khanh Hien’s resignation for personal reasons.

For almost two years in the role of SCB’s CEO, Le Khanh Hien is praised to "help SCB improve its financial capacity, system consolidation, technology investment and personnel capability development under the bank’s development policy."

The new CEO - Vo Tan Hoang Van participated in the board of directors of SCB from July 2013. Previously, Van was Deputy General Manager in charge of financial - banking at the Ersnt & Young Vietnam (E&Y).

The Saigon Commercial Joint Stock Bank (SCB) is incorporated from the three banks of Saigon Commercial JS Bank (SCB), First Commercial JS Bank (Ficombank) and Vietnam Tin Nghia Commercial JS Bank (TinNghiaBank).

This bank has signed a contract to sell bad loans worth VND1.8 trillion for the Vietnam Asset Management Company (VAMC). With the sale of debt to VAMC, SCB has brought the total NPLs of the system to less than three percent.

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