SeABank appoints new general director

SeABank has appointed Le Quoc Long its new general director, according to a Friday release from the Vietnamese private lender.

Long, born in 1965, has a bachelor's degree in finance and accounting from the Hanoi University of Finance and Accounting, and a bachelor's degree in law from the Hanoi University of Law.

He has more than 30 years of experience in finance and banking in Vietnam.

Long joined SeABank in 2005 as deputy general director and concurrently held other important management positions at the bank.

On August 1, 2023, he was elected to be acting general director in charge of managing SeABank's operations, replacing Loic Faussier who resigned due to personal reasons.

SeABank's executive board now consists of nine members, with Long as general director and eight others as deputy general directors, namely Nguyen Thi Thu Huong, Nguyen Tuan Cuong, Vu Dinh Khoan, Nguyen Ngoc Quynh, Tran Thi Thanh Thuy, Hoang Manh Phu, Dang Thu Trang, and Vo Long Nhi.

Previously, SeABank's general meeting of shareholders approved the election of seven members of its board of directors for the 2023-2028 term, including two foreign members, Mathew Nevil Welch - a member, and Fergus Macdonald Clark - an independent member.

The board also elected Le Van Tan to continue holding the position of board chairman, Nguyen Thi Nga to be standing vice chairman, and Le Thu Thuy and Khuc Thi Quynh Lam vice chairwomen.

Under SeABank's plans for 2023, its total assets will rise by 10% year-on-year, with net increase in deposits of VND18 trillion ($471.5 million), up 12%; net growth in credit of VND16.2 trillion, up 11%; and profit before tax of more than VND5.63 trillion ($232 million).