The Board of Directors of Eximbank has just appointed Tran Van Loc as CEO, pending approval by the State Bank of Vietnam.
The appointment officially ends the long period of absence of a CEO and legal representative for Eximbank, two years after his predecessor Le Van Quyet left.
Loc has assumed the position on September 8, 2021 and will hold this position for one year.
Loc has earned a doctoral degree in economics and has filled many important positions at Eximbank.
Eximbank has been notorious for a string of embezzlements and internal conflict. The bank has been postponing its annual general meeting for years and has received a great deal of negative publicity due to its human resources reshuffles.
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) holds 15 per cent stake in Eximbank.