Doanh nhân Phan Đức thông tin tiểu sử về ông

The contractor Phan Duc he is known as Chairman of the Board of Directors (BOD), the joint-stock financial and trading institution for investment and development of Vietnam (BIDV). The following content will add more information, as well as a biography about him to learn.

Who is businessman Phan Duc?

Biographical Information of Businessman Phan DucWho is businessman Phan Duc?

BIDV Chairman Phan Duc Tu was born on December 22, 1964. His hometown is Quynh Thien Commune, Hoang Mai Town – Quynh Luu District – Nghe An Province. He holds a bachelor’s degree in economics , a bachelor’s degree in law and a master’s degree in business administration.

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Entrepreneur Phan Duc holds the position

He was officially appointed Chairman of the Board of Directors of Joint Stock Commercial Bank for Investment and Development of Vietnam on November 15, 2018. Besides the Board of Directors, there are 10 members and independent members, Mr. Le Ngoc Lam, Ms. Nguyen Thi Thu Huong, Mr. Tran Thanh Van, Ms. Phan Thi Chinh, Mr. Ngo Van Dung

The position of BIDV Board Chairman has been vacant for nearly 26 months since Mr. Tran Bac Ha retired under the regime. Along with becoming the top leader of BIDV, Mr. Phan Duc Tu was also appointed as the representative with 40% state capital in BIDV by the state financial institution and approved to be the secretary. of the BIDV party committee for 2015 — 2020.

Comment Information

It is known that before sitting on the “hot seat” of the chairman, Mr. Phan Duc Tu had more than 31 years of work and work in the BIDV financial institution, in many positions and with different functions of 1987 to present. In detail, he has held the position of Director of BIDV Quang Ngai since January 1998, Director of the Organization and Personnel Department of BIDV since March 2005, Deputy Director General of BIDV since June 2007, Member of the Board of Directors then Director General. BIDV since May 2012.

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Developing Vietnam's Capital Market: Need for Valid Solutions |  Economic and forecasting magazineComment Information

In addition, he also holds a number of other positions such as Board Member and Managing Director of International Development Investment Two-member Limited Company, Board Member of Cambodia Investment and Growth Limited Company (IDDC ) and vice-president. Chairman of the Board of Laos-Vietnam Joint Venture Bank.

President Phan Duc Tu’s determination to increase his profits

The first powerful signature right after the inauguration day was signed by Mr. Tu as the resolution of the first general meeting of shareholders approving the proposed share offering to financial institution KEB Hana Bank (Korea) . As a result, the BIDV financial institution has the capacity to increase its share capital from over VND 34.187 billion to over VND 40.220 billion.

As of September 30, 2018, the consequences of BIDV sales after 9 months of leadership by Mr. Tu showed a positive development as follows:

Total assets stood at VND 1,268,413 billion, an increase of 12.67% compared to the same period last year and an increase of 5.5% compared to the beginning of the year, helping BIDV to assert its leading position in the Stock Commercial group of financial institutions.

Consumer credit amounted to 968.752 billion dong, an increase of 11.75% compared to the beginning of the year, indicating a positive evolution of the credit structure.

The contractor Phan Duc Pre-tax profit was VND7.254 billion, reaching 78% of VND9.3 trillion under business strategy for the whole of 2018.

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Total operating result

Up to 32.865 billion VND, compared to the same period of last year, an increase of 18.3% with 25.616 billion VND as net interest income, 2.541 billion VND as net income from services

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797 billion VND came from external sales, 682 billion VND from securities trading and sales, and 2.866 billion VND from other activities. All sources of income grew compared to the same period last year at the lowest level of 11.31%, the highest level is 2 times.

Through the working process

– 12/1998 – 02/2005: Director of the Quang Ngai Bank for Investment and Development Branch.

– 03/2005 – 05/2007: Director of the Personnel Department – ​​Investment and Development Bank of Vietnam.

– 06/2007 – 04/30/2012: Deputy Managing Director of the Investment and Development Bank of Vietnam.

– May 1, 2012 – November 14, 2018: Member of the Board of Directors and General Manager of the Commercial Bank by shares for the investment and development of our country.

– November 15, 2018 – present: Chairman of the Board of Directors of the Joint-Stock Commercial Bank for the Investment and Development of our Country.

According to data from the third quarter financial report

BIDV is the financial institution with the highest bad debt rate among the three banks with 1.76%; followed by VietinBank (1.36%) and the lowest was Vietcombank (1.18%).

Cumulating 9 months, BIDV’s after-tax profit reached more than VND 5.643 billion, up 34% compared to the same period last year. BIDV’s net interest income in 9 months reached over VND25.615 billion, up 11% over the same period.

The new president of BIDV is Nghe An |  Economy |  Nghe An Electronic DiaryAccording to data from the third quarter financial report

The contractor Phan Duc As of September 30, BIDV’s total assets reached nearly VND 1.3 trillion, up 6% from the start of the year. Consumer deposits and customer loans also increased by 11% and 12% compared to the beginning of the year, reaching VND 953.513 billion and VND 968.752 billion respectively.

BIDV’s pre-tax profit in the first 9 months of the year reached over VND7.254 billion, up 31% from the same period last year, achieving 78% of plan.

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Through the above article, has provided you with information about businessman Phan Duc Biographical information about him. I hope the above information from the article will be useful to the readers.

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