OCB’s General Director, Mr. Nguyen Dinh Tung, steps down from position

Orient Bank (OCB) recently announced the resignation of Mr. Nguyen Dinh Tung as General Director, after more than a decade of management. Mr. Tung joined OCB in April 2012 and became General Director in August 2012. During his tenure, he played a key role in moving OCB from a small-scale bank to one of the top 10 banks in Vietnam.

His resignation from the position of general director is part of the bank’s plan to enhance its leadership resources. Mr. Tung has expressed his commitment to continue supporting OCB as a member of the Board of Directors, focusing on implementing sustainable development strategies, promoting digital transformation, and expanding the bank’s partner network.

In the first three months of the year, OCB’s core business activities showed growth compared to the same period last year. The bank’s outstanding credit debt reached nearly 153,200 billion VND, with total net revenue reaching 2,287 billion. OCB reported a first-quarter pre-tax profit of over 1,200 billion, a 23% increase from the same period last year.

By Samantha Johnson

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