Veteran Banking Executive Mr. Nguyen Dinh Tung Steps Down as General Director of Orient Bank to Focus on Board Membership

Mr. Nguyen Dinh Tung, who has been the General Director of Orient Bank (OCB) for more than a decade, has stepped down from his position to focus on his role as a member of the Board of Directors. This decision was recently announced by the bank.

During his tenure as General Director, Mr. Tung played a key role in transforming OCB from a small-scale bank to one of the top 10 banks in Vietnam. He joined OCB in April 2012 and became General Director in August 2012. His resignation is part of the bank’s plan to enhance its leadership resources and improve its performance.

Mr. Tung 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, with outstanding credit debt reaching nearly 153,200 billion VND and total net revenue reaching 2,287 billion VND. The bank reported a first-quarter pre-tax profit of over 1,200 billion VND, representing a 23% increase from the same period last year.