Eximbank announces new Chairwoman of Board of Directors

Vietnam Export-Import Bank (Eximbank) announced on March 22 that it has appointed Luong Thi Cam Tu, a board member of Eximbank, as the new Chairwoman of the Eximbank’s Board of Directors in the 2015-2020 tenure to replace Le Quoc Minh, an independent Board member.

Luong Thi Cam Tu, new Chairwoman of Board of Directors of Eximbank
Luong Thi Cam Tu, new Chairwoman of Board of Directors of Eximbank

Eximbank conducted the assessment and screening of candidates in a public and professional manner in accordance with international standards and the legal system regarding the appointment of the chairman of the Board of Directors.

The Eximbank’s pioneering role in using independent assessment tools compliant to international standards in corporate governance is a very positive signal, reflecting the bank’s expectations for achieving high standards, transparency and professionalism in governance.

Luong Thi Cam Tu has participated in the bank as a member of the board since April 2018. Despite her short time at the bank, her contributions to the stability and development of Eximbank have been substantial.

Tu holds a master’s degree in Business Administration and is known as the youngest woman to become a CEO in the banking sector at the age of 35. She has occupied a number of senior management and executive positions at credit institutions with varying scales and forms of ownership.

The appointment of Tu is expected to create solidarity between the Board of Directors, Eximbank’s shareholders and all employees of the bank for the common purpose of a strong and developed bank.