Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank

February 17, 2022 | 20:10
At the latest annual meeting of shareholders of Eximbank, Luong Thi Cam Tu has been chosen to succeed Yasuhiro Saitoh as newly-appointed chairwoman of the bank's board of directors in the 2020-2025 tenure.
Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank
Luong Thi Cam Tu is the newly-appointed chairwoman of the board of directors of Eximbank

Tu was previously appointed to the Eximbank's board of directors at the bank’s second annual general meeting of shareholders on February 15, with a voting ratio of 62.2 per cent.

At the time of her appointment as the general director of Nam A Bank in 2015, she was the youngest executive in Vietnam's banking system (35 years old). Previously, Tu was regarded as one of the most promising leaders of Sacombank.

Tu has joined Eximbank’s board of directors since 2018.

A fortnight ago, Eximbank and SMBC's 14-year strategic collaboration arrangement finally came to an end.

Eximbank has been tangled up with a range of financial disputes for several years. As a result, Sumitomo Mitsui Banking Corporation – the largest foreign strategic shareholder – has been caught down in the decade-long disputes between Eximbank's shareholders.

By Trung Duong

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