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

From General Director to Board Member: OCB’s Nguyen Dinh Tung Plays New Role in the Bank’s Continued Growth

Orient Bank (OCB) has announced the resignation of its General Director, Mr. Nguyen Dinh Tung, to focus on his role as a member of the Board of Directors. This decision is part of the bank’s plan to enhance its leadership resources.

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. Last April, he was appointed as a member of the Board of Directors.

His resignation from the position of general director is a positive step for OCB as it continues to grow and expand its operations. 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. This is an indication that under Mr. Tung’s leadership, OCB has been able to achieve significant growth and success.

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