On the morning of May 21, in just the first 30 minutes of the session, Sacombank's STB shares increased dramatically to VND42,250/share, the volume of matched orders in a short time reached nearly 22 million units.
Although the increase has since cooled down, STB is still in the group of banking stocks with the strongest increase and highest liquidity of the session. At the end of the morning session, STB stopped at VND41,750/share, up 5.7%, matched volume reached 30.9 million units.
STB shares increased sharply in the context of the bank having notable personnel fluctuations.
On May 20, Ms. Nguyen Duc Thach Diem - General Director of Sacombank - sent a letter of farewell to all staff, announcing the completion of nearly 8 years of operation of the bank.
In the farewell letter sent to the entire system, Ms. Diem said that she will no longer hold the role of General Director but will move to the position of member of the Board of Directors to continue accompanying the bank's long-term development strategy.
I have lived, dared to do, and devoted myself to that journey the journey of restructuring, recovering and growing strongly of Sacombank. Nearly 8 years, not too long compared to a lifetime, but enough for me to engrave every trusting look, every warm handshake, every sincere sentence and even the concerns in every sleepless night for the sustainable development of the bank, Ms. Diem wrote.
Ms. Nguyen Duc Thach Diem also acknowledged her nearly 8-year journey as CEO at Sacombank. She believes that the spirit of cohesion, responsibility and collective coordination are factors that help the bank gradually overcome difficulties in the restructuring process.
"I bid farewell to the position of General Director - the person who directly controls the operating boat to focus on and support the Board of Directors for the long-term strategy for Sacombank: Safety - Efficiency - Sustainability in the post-restructuring period", Ms. Diem shared.
Ms. Nguyen Duc Thach Diem has been General Director of Sacombank since 2017, one of the rare female CEOs in the banking industry. Under Ms. Diem's management, Sacombank has gone through a period of fierce restructuring, gradually consolidating the system and improving financial indicators.
Currently, Sacombank has not announced the personnel to succeed the General Director. However, the market is closely monitoring the next steps of this bank in the post-restructuring period, especially in the context that STB shares have just experienced a strong price increase since the beginning of May 2025.
