Luong Thi Cam Tu - a board member- was just appointed as the new chairwoman of Eximbank’s Board of Directors in the sixth term of office (2015 – 2020) who will supersede Le Minh Quoc, an independent Board member, according to the bank’s recently-released Decision No.123/2019/EIB/NQ-HĐQT.
|Eximbank new chairwoman Luong Thi Cam Tu |
Prior to this important position appointment, Eximbank- one of the largest banks by owners’ equity in Vietnam- has conducted the evaluation and screening of all candidates with a transparent and professional process compliant to the international standards on the basis which absolutely complies with the current legal system regarding the appointment of the chairman of the Board of Directors.
The assessment of management capability and working efficiency of the board members is acknowledgeable to be compliant with modern corporate governance practices.
|Although the accession time is not long, Tu's contributions to the stability and development of Eximbank in recent time are very practical and timely. |
The fact that Eximbank has pioneered in Vietnam to use the independent assessment procedure compliant to international standards in corporate governance is a testament to the bank’s commitment to achieving high standards, transparency and professionalism in executive administration.
Tu has been joining Eximbank as the board member since April 2018. Although the accession time is not long, her contributions to the stability and development of Eximbank in recent time are very practical and timely.
Simultaneously, through the appointment decision of Tu, Eximbank’s Board of Directors has revealed the unity, consensus and solidarity in complementing the leadership of the bank, moving towards the stable internal development, and the benefits of customers and shareholders.
Tu accomplished her Master of Business Administration (MBA) degree and has been known as the female general who was the youngest to become CEO in the banking industry at the age of 35.
The new chairwoman has experienced many management and executive positions at various credit institutions of different sizes and forms of ownership.
Eximbank's shareholders expect in her new role Tu will use her own intelligence, bravery, and a track record in the banking and financial sector to drive Eximbank towards sustainable development journey striving for high standards, transparency and business efficiency in the future.
With the appointment of Tu, Eximbank wishes to create the solidarity among the Board of Directors, the association among shareholders together with all employees for the common purpose: Building a strong and flourished Eximbank.