Vice Chairman of Bac Ninh Province Ngo Tan Phuong expected to take on additional duties

Vân Trường |

Bac Ninh - Vice Chairman of Bac Ninh Province Ngo Tan Phuong was proposed to be appointed as Chairman of the Provincial Development Investment Fund Management Board.

The People's Committee of Bac Ninh province has just submitted a document to the Standing Committee of the Provincial People's Committee on the proposal to appoint the positions of the Management Board of the Bac Ninh Provincial Development Investment Fund.

Accordingly, based on the Decisions of the Chairman of the Provincial People's Committee on personnel work; to ensure the Fund Management Board operates effectively and in accordance with regulations, the Department of Home Affairs proposes to appoint the positions of the Bac Ninh Provincial Development Investment Fund Management Board, including the following individuals:

(1) Mr. Ngo Tan Phuong, Vice Chairman of the Provincial People's Committee - Chairman of the Management Board of the Bac Ninh Provincial Development Investment Fund.

(2) Mr. Vi Thanh Quyen, Director of the Provincial Development Investment Fund - Vice Chairman of the Management Board of the Bac Ninh Provincial Development Investment Fund.

(3) Mr. Nguyen Dinh Hieu, Director of the Department of Finance - Member of the Management Board of the Bac Ninh Provincial Development Investment Fund.

According to the provisions of Clause 2, Article 10 of Decree No. 147/2020/ND-CP, the Provincial People's Committee has the authority to decide on the appointment of the Chairman, Vice Chairman and members of the Fund Management Board.

The People's Committee of Bac Ninh province proposed that the Standing Committee of the Provincial People's Committee give opinions on the expected personnel for appointing the Chairman, Vice Chairman and members of the Provincial Development Investment Fund Management Board before the Provincial People's Committee considers and decides to appoint the positions of the Development Investment Fund Management Board.

The Bac Ninh Provincial Development Investment Fund is under the Bac Ninh Provincial People's Committee. This is a non-budgetary state financial fund established by the Provincial People's Committee, operating not for profit, preserving and developing capital, performing lending and investment functions locally.

The fund has legal status, charter capital, seal and is opened an account at the State Treasury and commercial banks according to the law, the Provincial People's Committee performs the function of representative representative of the State owner of the Fund.

The organizational structure of the fund: The Management Board consists of 3 people (working part-time. In which, the Vice Chairman of the Provincial People's Committee (Chairman of the Board of Directors), Director of the Fund (Vice Chairman of the Board of Directors) and Director of the Department of Finance (Member of the Board of Directors).

The Chairman of the Provincial People's Committee appoints, dismisses, and removes the positions of the Council.

The Fund's operating apparatus includes: Fund Director; Deputy Fund Director, Chief Accountant and professional departments.

The organization of professional and technical departments is decided by the Provincial People's Committee to ensure compliance with the scale, scope of operation and in accordance with the Charter on organization and operation of the Fund.

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