FPT appoints new CEO

Tuesday, Mar 12, 2019 19:10

Nguyen Van Khoa, the new CEO of FPT Corporation. — VNS Photo

FPT’s board of directors have appointed Nguyen Van Khoa as the new CEO of the corporation, succeeding Bui Quang Ngoc, from March 29.

Nguyen Van Khoa is a young leader who has been with FPT for 22 years and has proven himself capable of assuming all the necessary responsibilities.

He has excelled in various leadership roles that require a tremendous understanding of business operations and technology in both B2B and B2C.

“FPT’s board highly evaluate Nguyen Van Khoa for his ability to organise, lead, inspire, motivate and encourage people moving towards common goals. In any position, Khoa always demonstrates the passion and determination to complete the mission. We believe with his love for FPT and youthfulness, Khoa and FPT’s senior leadership will elevate FPT to new heights,” said Truong Gia Binh, chairmain of FPT’s board of directors.

FPT Corporation has set a 15-per cent growth target of VND26.66 trillion (US$1.1 billion) this year.

The technology sector expects to bring in VND15.45 trillion, up 15.3 per cent; the telecommunications sector VND9.98 trillion, up 13 per cent and education and investment VND1.67 trillion, up 21.4 per cent.

In terms of profit, FPT has set a 16 per cent growth target of VND4.46 trillion.

Regarding dividends, FPT will pay 10 per cent of the remaining dividends of last year in cash in the second quarter of this year after approval from shareholders.

In addition, 10 per cent of stock dividends will be paid at the same time.

For dividends this year, FPT’s board of directors has proposed a cash dividend of 20 per cent, equivalent to VND2,000 per share. — VNS

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