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|Sanjeev Nanavati, new executive managing director of VPBank|
Prior to this appointment, Nanavati has over 30 years of global and Asian banking experience at Citibank, Standard Chartered Bank, and Bank of America. He has served as Citibank's longest-serving CEO in Malaysia, and has also served as senior advisor to McKinsey regarding Asian banks. He is also a thought leader and contributor on business and management issues to the Times Business in Singapore.
Joining VPBank's Board of Management since the end of 2011, Luu Thi Thao has played a critical leading role in a comprehensive transformation program for VPBank. She has provided VPBank with a wealth of knowledge and insights on the local environment with over 20 years of experience working at Big 4 auditing firms (PwC and KPMG) and big global bankslike ABN AMRO and ANZ.
|Luu Thi Thao, new deputy CEO of VPBank|
Welcoming two senior business leaders, VPBank chairman Ngo Chi Dung said: “VPBank is on its way to become a world-class bank to serve the needs of the Vietnamese market. The Board of Directors recognises that in order to achieve such as ambitious vision, there is a need to combine top international talent with native human resources in an effective organisational structure.”
Nanavati added: “VPBank has built a unique positioning and platform to take advantage of the many opportunities that present themselves in the market. The focus going forward will be on capitalising on growth opportunities built on a foundation of disciplined customer segmentation, strong credit quality, differentiated value propositions for both customers and employees, and prudent cost management.”
Thao shared: “As a transformation leader of over the past five years, I strongly believe that VPBank has a solid foundation and advantages to become “Home of Talents” from all over the world. We respect Diversity and Inclusion, as well as embrace individual differences. Being a local-international bank will surely differentiate us from other banks in the market."