News 4/20/2017 10:42

VietinBank appreciating “ambassadors” from strategic shareholders.

On 17th April 2017 in Hanoi, VietinBank organized a farewell party for Mr. Michael Knight Ipson and Mr. Hiroyuki Nagata, two former board members.

CEO Le Duc Tho presents 2 “ambassadors” from strategic shareholders with flowers.

As announced at the Annual General Meeting of Shareholders on 17th April 2017, shareholders have approved the discharge of board members Michael Knight Ipson (as per request from the IFC) and Hiroyuki Nagata (as per request from BTMU). Such discharges are due to the internal regulations of the IFC and BTMU on the term of these respective posts.

VietinBank had organized a farewell party for these two "ambassadors" and welcomed the newly appointed Board member, with the presence of all members from the Board of Directors and Board of Management.

In this cozy atmosphere, all members of the BoD and BoM were all very emotional as they would soon part ways with two former members whom they had spent a long time working together in VietinBank.

Mr. Ipson had worked for VietinBank for 6 years. His in-depth knowledge on the world economy is highly appreciated, especially his insights on Asian and Vietnam’s Banking industry. In board meetings, Mr. Ipson always kept the Management Team of VietinBank updated with changes in world economy and gave many suggestions on how to improve SME services, retail banking, capital planning, cyber securities…

Also at this party, Mr. Ipson sent his thanks to the entire Management Team of VietinBank in the last 6 years for cooperating with him and facilitating him every time he visited Vietnam.

On this occasion, Mr. Ipson presented VietinBank with a very meaningful gift, which is a bowl made of maple wood from his hometown. This special bowl has many odd rings that represented the tree’s age. To explain this, Mr. Ipson compared the growth of a maple tree to the growth of a bank years after years, with outstanding changes.

Although Mr. Nagata joined VietinBank BOD 2 years later than Mr. Ipson did, he has an advantage of working at VietinBank Head Office. This had enabled him to assimilate the culture of Vietnam in general and VietinBank in particular. Mr. Nagata played an important role in the promotion of the relationship between VietinBank and BTMU, and concurrently, he also has a key part in the effort of improving VietinBank’s corporate governance.

On behalf of VietinBank Management Team at the party, CEO cum Board Member Le Duc Tho said: "With the participation of Mr. Ipson and Mr. Nagata, VietinBank’s BoD has leveraged experience from many countries, and thus, gained practical experience in both Vietnam and international market."

Having such special affection for VietinBank, both Mr. Ipson and Mr. Nagata would like to frequently stay in touch with VietinBank members.

Mr. Yamaguchi received welcome bouquet from the Management Team of VietinBank.

BTMU has appointed Mr. Yamaguchi to take over the position of Mr. Nagata. Mr. Yamaguchi has 27 years of working in the banking industry and gained profound experiences in Corporate Banking segment.

"With the support of VietinBank’s BoD and employees across the system, Mr. Yamaguchi will quickly assimilate into VietinBank working environment and make practical contribution to the BoD in general and the partnership between VietinBank and BTMU in particular, just like what his predecessor Mr. Nagata did" - said CEO Le Duc Tho.

On behalf of VietinBank, CEO Le Duc Tho presented Mr. Yamaguchi with bouquets to welcome him to VietinBank. CEO Tho also presented Mr. Ipson and Mr. Nagata with bouquets and expressed his gratitude for their contributions from then until now.