On December 16, 2024, Loc Phat Bank Vietnam (LPBank) announced the decision to appoint 4 senior personnel to the Executive Board. This is an important step in the strategy to strengthen the leadership team, aiming to realize the goal of improving capacity, streamlining, and "operational excellence".
Mr. Dang Cong Hoan: Pioneer in retail banking strategy
Born in 1977, Mr. Dang Cong Hoan was appointed as Deputy General Director in charge of Retail Banking at LPBank. He graduated with a PhD in Economics from the University of Economics - Vietnam National University, Hanoi. With over 24 years of experience in the field of finance and banking, Mr. Hoan is known as a leading expert in retail banking development, especially in innovation projects and value-added for individual customers.
Before joining LPBank, Mr. Dang Cong Hoan held many important leadership positions at leading banking and financial institutions in Vietnam. At Vietnam Technological and Commercial Joint Stock Bank (Techcombank), he held important positions such as: Director of Card Center and Personal Account Services, Director of Retail Product Development, Acting Director of Retail Banking. At Saigon - Hanoi Commercial Joint Stock Bank (SHB), Mr. Dang Cong Hoan assumed the role of Member of the Executive Board, Director of Retail Banking.
Joining LPBank in September 2024, Mr. Dang Cong Hoan made a strong impression when successfully leading the strategic project "Luc Phat Profit" - an integrated savings and investment product designed to optimize profits for customers. The project not only brought breakthrough revenue to LPBank but also contributed to building customer trust in modern, transparent and effective financial solutions.
In his new role, Mr. Hoan will continue to promote innovation initiatives in the retail banking sector, focusing on developing digital financial products, expanding the service ecosystem in rural areas and second-tier urban areas - an important strategic goal of LPBank in the coming period. Speaking at the appointment ceremony, Mr. Hoan affirmed: "I am committed to working with the LPBank team to build superior financial solutions, create sustainable values for customers, partners, communities and shareholders, and at the same time excellently implement the bank's strategic goals. With a long-term vision, a spirit of innovation and hard work, we will aim for comprehensive growth, contributing to affirming LPBank's position in the banking and finance sector."
Appointing Executive Board members, strengthening governance capacity, streamlining, “operational excellence”
Along with Mr. Dang Cong Hoan, LPBank also appointed three new members to the Board of Directors, including Mr. Ngo Duc Thang, Mr. Tran Duc Dong and Ms. Nguyen Hong Nhung, who have made important contributions to the development and improvement of the bank's operational efficiency.
Mr. Ngo Duc Thang and Mr. Tran Duc Dong were officially appointed as members of LPBank's Board of Directors. With extensive experience in credit appraisal, approval, risk management and legal affairs, both of them have made outstanding contributions to improving appraisal quality, optimizing credit processes and minimizing risks in the bank's credit activities. This appointment aims to enhance the effectiveness of risk management, build flexible credit policies, meet diverse customer needs, and ensure a safe and sustainable financial foundation.
Ms. Nguyen Hong Nhung, with extensive experience in the field of human resources and corporate culture, was appointed as a member of the Executive Board. During her tenure at LPBank, she has made important contributions to building a professional, creative and dynamic working environment at the Bank. Most recently, LPBank received prestigious awards for the first time such as "Best Workplace in Asia 2024", "Employer of Choice 2024"... affirming the Bank's position in attracting and developing talent. In her new position, Ms. Nhung is expected to continue to make great contributions to promoting a strong corporate culture and improving LPBank's operational efficiency.
With the newly added leadership team, LPBank is committed to building and maintaining a strong corporate culture, promoting a sense of responsibility, and focusing on developing the next generation of leaders. This is the foundation for the Bank to grow, affirm its solid position, and create sustainable values for customers, partners, shareholders, and the community. In the coming time, LPBank aims to achieve the position of TOP 1 Retail Bank in rural and urban areas of type 2 on the digital technology platform, as well as being in the TOP 5 priority banking services in large cities.
