Danny Le, new CEO of Masan Group. — Photo courtesy of Masan

The Masan Group board of directors has approved the appointment of Danny Le as CEO for 2020 - 2025.

Le, who has a bachelor’s degree from the US’s Bowdoin College, worked for Morgan Stanley in New York advising financial institutions from 2006 to 2010, working with multinational clients to execute M&A, capital markets and privatisation transactions.

He joined Masan in 2010 and is currently head of strategy and development.

He is credited with not only playing a critical role in constructing the company’s growth strategy but was also directly involved in M&A transactions to build the group's strategic platform.

Dr Nguyen Dang Quang, chairman of Masan Group, said: “We often use the word ‘young’ to talk about them… But we used to be younger than them when we started this journey many years ago.

"For talent, there is no age…”

Le said: "My belief is Masan will be one of the first internationally recognised Vietnamese companies to become a consumer unicorn.” — VNS