Nghiem Xuan Thanh has been appointed as Vietcombank's general director. Photo dantri.com.vn

HA NOI (Biz Hub) — The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has appointed Nghiem Xuan Thanh, a member of its management board, as its new general director for a five-year term of office from July 26.

He replaces former general director Nguyen Phuoc Thanh, who was appointed as a deputy governor of the State Bank of Viet Nam (SBV) from July 19.

Thanh, born in 1969, had worked at the Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) for 24 years. He then became the SBV's head of the secretariat from June, 2012.

He was voted in as a member of the Vietcombank's management board at the bank's general meeting of shareholders in April. — VNS