Mr. Nguyen Dinh Tung stepped down as General Director of Orient Bank after more than a decade of management, to focus on his role as a member of the Board of Directors.
Orient Bank (OCB) has just announced information about Mr. Nguyen Dinh Tung’s resignation from his position as general director.
Mr. Nguyen Dinh Tung joined OCB in April 2012 and has been General Director since August 2012. He held the role of managing OCB from a small-scale bank to become a top 10 bank in Vietnam.
Last April, Mr. Tung was appointed as a member of the Board of Directors of this bank.
Mr. Nguyen Dinh Tung’s resignation from the position of general director and focus on his role as a member of the Board of Directors is part of the bank’s plan to supplement leadership resources.
Mr. Tung said he will continue to contribute and accompany OCB as a member of the Board of Directors, to implement the sustainable development strategy, promote digital transformation and develop a large partner network.
In the first three months of the year, OCB’s core business activities recorded growth over the same period. Outstanding credit debt reached nearly 153,200 billion VND, an increase of 3.5% compared to the beginning of the year.
Total net revenue reached 2,287 billion, an increase of more than 9%, of which net income from interest reached 1,900 billion and non-interest revenue was 386 billion. This bank’s first quarter pre-tax profit was more than 1,200 billion, up 23% over the same period last year.
