Fund manager Eastspring Vietnam appoints new CEO

Eastspring Vietnam, one of the largest fund managers in the country by assets under management, last Friday appointed Nguyen Quoc Dung as its new CEO and legal representative.

At the same time, the company approved the resignation of Ngo The Trieu from the positions. Dung is currently the fund management firm's deputy CEO.

The resignation shall take effect from the termination date of Trieu's labor contract or the date on which the State Securities Commission of Vietnam approves the appointment of Dung to the positions, whichever occurs first, the company said in a release on the same day.

The resignation of Trieu as a member of the members’ council and the appointment of Dung to the position for a five-year term shall take effect as written above, unless otherwise decided by the company.

Eastspring Vietnam also announced Conor Martin O’Neil as a new member of the members’ council, replacing Phuong Tien Minh.

Eastspring Vietnam, established in 2025, has chartered capital of VND25 billion ($958,000). It is an arm of Eastspring Investments - part of Prudential plc.

By the end of the first quarter of 2025, the assets under Eastspring Vietnam's management reached VND159 trillion ($6.09 billion at the current exchange rate).

Trieu, CEO cum chief investment officer (CIO) of Eastspring Vietnam, is responsible for all activities including the management, investment activities and business development of the company.

He has more than 25 years of experience in financial and investment, of which more than 16 years has been with Eastspring Vietnam. Previously, he worked for auditing firm Arthur Andersen Vietnam and Vietnam's Eximbank, and later for Prudential Vietnam Assurance Private Limited (from 2002 to 2006) as an actuary.

Trieu holds a master’s degree in international project management from Skema Business School in France, an MBA from Center of French-Vietnamese Management Institution (CFVG), a BA in corporate finance from HCMC University of Economics and a BA in foreign economics from Vietnam Foreign Trade University.

Dung, deputy CEO, oversees operations, business development, and strategic planning. He collaborates closely with the CEO and the senior management team to develop and execute business strategies, ensuring operational efficiency and the achievement of corporate objectives.

With over 24 years of comprehensive experience in financial advisory, investment banking, and Vietnam's stock market, Dung brings a wealth of expertise to his role. Prior to joining Eastspring Vietnam in April 2025, he spent more than 17 years at Vietcap Securities JSC, primarily within the investment banking; institutional sales and trading divisions.

His last role at Vietcap was head of institutional sales & trading, where he managed both international and local sales, trading, and corporate access from 2018 onwards.

Dung’s earlier career includes positions at The Gannon Group, Vietnam Brewery Limited, KPMG Vietnam, and Arthur Andersen Vietnam, where he held senior roles in management accounting and auditing.

He holds an MBA from Center of French-Vietnamese Management Institution (CFVG) and a bachelor's degree in corporate finance from Ho Chi Minh City University of Economics.

Over the last 30 years, Eastspring Investments, part of Prudential plc, has built its presence in 11 Asian markets as well as distribution offices in North America and Europe.

The company manages a total of $258 billion across equity, fixed income, multi asset, quantitative and alternative strategies on behalf of institutional and individual investors globally.

Eastspring Vietnam was established in May 2005. It was formerly known as Prudential Vietnam Fund Management Limited Liability Company from its establishment until re-branding on December 9, 2011.