On 14 August 2026, in Quang Ninh Province, the Co-operative Bank of Vietnam (Co-opBank) held a conference to announce the decision on the appointment of a Deputy General Director of Co-opBank.
Attending the conference, representatives of the State Bank of Vietnam (SBV) included Mr. Le Viet Hung – Deputy Director General of the Personnel Department; and Mr. Hoang Viet Dung – Deputy Director General of the Department of Safety of Credit Institutions System.
Representing Co-opBank were Mr. Nguyen Quoc Cuong – Secretary of the Party Committee and Chairman of the Board of Directors; Ms. Pham Thi Hong Minh – Deputy Secretary of the Party Committee, Member of the Board of Directors and General Director; members of the Board of Directors, Board of Management and Supervisory Board; the Chief Accountant; heads of departments at the Head Office; Directors of 32 branches; and other participating officers.
At the conference, Co-opBank announced Decision No. 576/QD-NHHT dated 5 August 2026 on the transfer and appointment of Mr. Nguyen Ngoc Thanh – Director of Co-opBank Bac Ninh Branch – to the position of Deputy General Director of Co-opBank.
In his directive remarks at the conference, Mr. Nguyen Quoc Cuong – Secretary of the Party Committee and Chairman of Co-opBank’s Board of Directors – emphasized that, over its 31-year journey of establishment and development, Co-opBank has gradually strengthened its financial capacity, credit quality, risk management, and management capabilities, increasingly aligning with modern banking standards. Notably, on 13 August 2026, the Prime Minister issued a decision on the provision of an additional VND 5 trillion in state capital to increase Co-opBank’s charter capital. This additional capital represents an important resource, strengthening the Bank’s financial foundation and opening a new chapter in Co-opBank’s development.
Alongside strengthening its financial capacity, Co-opBank is focusing on technology modernization, accelerating digital transformation, developing payment infrastructure, and expanding modern banking products and services. These efforts will enhance the Bank’s ability to serve members of People’s Credit Funds (PCFs) and local communities, particularly in rural, remote, and underserved areas. In particular, the Scheme on the Restructuring of the PCF System and Co-opBank for the 2026–2030 period, with a vision to 2045, calls for Co-opBank to further strengthen its role as the central institution linking and supporting the PCF network, while enhancing its governance and management capabilities to meet development requirements in the new period.
On behalf of Co-opBank’s leadership, Mr. Nguyen Quoc Cuong acknowledged and commended the contributions of the Bank’s officers and employees, particularly key personnel across the system. He also called for a focus on four key areas of work: upholding Co-opBank’s principles, mission, and role as the central institution linking the PCF network; accelerating modernization, digitalization, and digital transformation; strengthening governance and risk management to ensure safe and efficient operations; and developing human resources and corporate culture, building a proactive, united, and responsible workforce.
The Chairman of Co-opBank’s Board of Directors expressed his confidence that, in his new position as Deputy General Director, Mr. Nguyen Ngoc Thanh will continue to bring into full play his capabilities, experience, and sense of responsibility, working together with the Bank’s leadership, officers, and employees to successfully fulfill assigned tasks and contribute to the safe, efficient, and sustainable development of Co-opBank and the PCF network.
In his remarks upon receiving the new assignment, Mr. Nguyen Ngoc Thanh – newly appointed Deputy General Director of Co-opBank – expressed his sincere gratitude to the leadership of the SBV and Co-opBank for their trust and for entrusting him with the new responsibility. He emphasized that the appointment is both an honor and a great responsibility for the journey ahead. In his new position, Mr. Nguyen Ngoc Thanh pledged to continue bringing into full play his experience and sense of responsibility, while taking a proactive and determined approach to his work, strictly following the direction of the Bank’s leadership, and preserving and promoting solidarity across the entire system.
Mr. Nguyen Ngoc Thanh affirmed that he would make every effort to successfully fulfill his assigned responsibilities, work closely with relevant units, officers and employees, contribute to improving operational efficiency and strengthening governance capacity, and continue to effectively fulfill Co-opBank’s role in accompanying and supporting the PCF network. The newly appointed Deputy General Director also expressed his hope for the continued support, guidance, and cooperation of the Bank’s leadership, officers and employees in building Co-opBank into a safe, efficient, and sustainable institution in the new period.
Within the framework of the conference, Co-opBank also presented Co-opBank commemorative plaques to the leaders of various units. This activity served to recognize the contributions of the Bank’s leadership team throughout Co-opBank’s more than three-decade journey of establishment and development.
The Co-opBank commemorative plaque is not merely a keepsake marking a milestone in the Bank’s development journey; it also reflects the Bank’s appreciation for the contributions of successive generations of officers and leaders who have accompanied and contributed to building Co-opBank into a modern, people-centered bank serving as the core institution of the PCF network.
Reporter
