Shinhan Bank appoints new Vietnam CEO
Kang GewWon takes the helm of Shinhan Bank Vietnam from March 28. Photo courtesy of the bank.
Shinhan Bank Vietnam has announced the appointment of Kang GewWon as the Korean bank’s new CEO, starting from Monday.
Kang GewWon replaced Lee Taekyung, who was the captain of Shinhan Bank Vietnam for one year.
He joined South Korea's Shinhan Bank in 1995 and has held a variety of senior leadership positions over the course of his 16-year career. Starting to work in Vietnam since 2011, Kang made active contributions to the development of the bank in Vietnam with the roles of General Manager of Bac Ninh Branch and Deputy General Director in charge of Corporate Banking.
According to the creditor, the new CEO will direct its development in accordance with the "Friendly bank" strategy, following the bank's three core focuses including “Customer-friendly", "Friendly innovation" and "Friendly working environment".
Kang believed that in a challenging business environment like Vietnam, flexible adaptation is an important factor to create sustainable value and success for the bank and its customers. "Customer needs are constantly changing, and Shinhan Bank Vietnam should actively innovate to fulfill varied needs," he stated in a release.
In the long run, Kang GewWon will continue to implement flexible business strategies tailored to the Vietnamese market, as well as develop a modern and user-friendly digital bank, the lender added.
Shinhan Bank Vietnam Ltd. is a subsidiary of Shinhan Bank Korea, an affiliate of Shinhan Financial Group (SFG). SFG’s main business lines are banking, consumer finance, insurance, asset management and brokerage.
Shinhan Bank first opened its representative office in Ho Chi Minh City in 1993. In 2020, Shinhan Bank in Vietnam was granted “Best foreign retail bank Vietnam 2020” by International Business Magazine, as well as "HR Asia Best Companies To Work For in Asia" for the second time by HR Asia publication.
- Related News
- Read More
Indonesia to deepen role in global semiconductor supply chain
Indonesia is rolling out efforts to identify opportunities and map its natural resources to support the semiconductor industry, as part of a broader strategy to build domestic industrial capacity.
Southeast Asia - Sat, December 20, 2025 | 9:36 am GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Sat, December 20, 2025 | 8:00 am GMT+7
Northern Vietnam port city Hai Phong charts sustainable growth path for free trade zone
The establishment of Hai Phong Free Trade Zone (FTZ) is a strategic direction that will elevate the role and position of Vietnam in general and Hai Phong in particular within the global value chain, heard a conference held in the northern port city last week.
Economy - Fri, December 19, 2025 | 8:12 pm GMT+7
Construction begins on $32.5 bln Red River Scenic Boulevard project in Hanoi
The gigantic project Red River Scenic Boulevard, with a preliminary investment of about VND855 trillion ($32.49 billion) in Phu Thuong ward, Hanoi, broke ground on Friday.
Real Estate - Fri, December 19, 2025 | 4:57 pm GMT+7
Major Vietnamese groups kick off mega projects in south-central Vietnam
Vingroup, BIN Corporation, Hoa Phat, and FPT simultaneously broke ground on large-scale projects in south-central Vietnam on Friday, raising expectations for new national growth momentum in the coming period.
Economy - Fri, December 19, 2025 | 4:36 pm GMT+7
Mega-airport Long Thanh in southern Vietnam welcomes first passenger flights
The first passenger flights touched down at Long Thanh International Airport in Dong Nai province on Friday morning, marking the inaugural civil aviation operation at Vietnam’s largest airport.
Economy - Fri, December 19, 2025 | 2:07 pm GMT+7
Vingroup starts work on $35.2 bln Olympic Sports Urban Area on Hanoi outskirts
Vingroup (HoSE: VIC), Vietnam's leading private conglomerate, on Friday broke ground on its 9,171-hectare Olympic Sports Urban Area project in Hanoi, which is expected to become a new growth engine for the southern part of the capital in the next decade.
Real Estate - Fri, December 19, 2025 | 1:59 pm GMT+7
Vietnam telecom giant VNPT establishes AI company
State-owned Vietnam Posts and Telecommunications Group (VNPT) on Thursday launched subsidiary VNPT AI, aiming to bring Vietnamese AI products to international markets.
Companies - Fri, December 19, 2025 | 11:50 am GMT+7
Quang Ngai Sugar develops sugar, biomass power projects worth $179 mln in central Vietnam
Quang Ngai Sugar JSC (UPCom: QNS), a top sugar producer in Vietnam, will simultaneously hold groundbreaking or inauguration ceremonies on Friday for three projects worth over VND4.7 trillion ($178.5 million) in Gia Lai province.
Companies - Fri, December 19, 2025 | 8:05 am GMT+7
Vietnam defeat Thailand to win men’s football gold at SEA Games 33
After conceding two goals in just over 30 minutes, Vietnam reversed the situation to finally beat host nation Thailand 3-2 in the men’s football final of the 33rd SEA Games.
Travel - Thu, December 18, 2025 | 10:43 pm GMT+7
Sun Group to commence construction on 5 landmark projects worth $5.7 bln
Sun Group is scheduled to start construction of five large-scale projects across Vietnam’s three regions on Friday, with a total investment of nearly $5.7 billion.
Companies - Thu, December 18, 2025 | 8:39 pm GMT+7
Unpaid credit card balances in Singapore hit record high in 10 years
Singapore's credit card debt has exceeded SGD9.07 billion (about $7 billion) in 2025's third quarter, a 10-year high that was last seen in 2014.
Southeast Asia - Thu, December 18, 2025 | 7:54 pm GMT+7
Thailand, Japan deepen transport, infrastructure cooperation
Thai Deputy Prime Minister and Minister of Transport Phiphat Ratchakitprakarn has met with Japanese Ambassador Otaka Masato to advance cooperation in Thailand’s transportation and infrastructure projects.
Southeast Asia - Thu, December 18, 2025 | 7:50 pm GMT+7
Masan's FMCG arm MCH to list on HCMC bourse at $8 per share, valuation tops $8.6 bln
Masan Consumer Corporation (UpCoM: MCH), the fast-moving consumer goods arm of Vietnam’s Masan Group, will officially debut on the Ho Chi Minh City Stock Exchange (HoSE) on December 25, with a reference price set at VND212,800 ($8.08) per share.
Companies - Thu, December 18, 2025 | 4:57 pm GMT+7
Sun Group-led consortium to build $616 mln Red River bridge in Hanoi
Hanoi authorities have approved a consortium led by Sun Group as the investor for the Tran Hung Dao bridge project, with a total investment estimated at VND16.27 trillion ($616.14 million).
Infrastructure - Thu, December 18, 2025 | 3:26 pm GMT+7
Shinhan Bank Vietnam accompanies SMEs in promoting cashless payments
With modern, secure and convenient payment solutions designed to meet the specific needs of businesses, particularly the SME segment, Shinhan Bank Vietnam continues to accompany enterprises in building a modern corporate image and keeping pace with the digital economy.
Banking - Thu, December 18, 2025 | 2:10 pm GMT+7
