Agriseco appoints its CEO as new board chairman

June 19, 2017 - 09:00

Agribank Securities JSC (Agriseco) on Friday appointed its chief executive officer (CEO) to become the new chairman of the management board.

Agribank Securities JSC (Agriseco) on Friday appointed its chief executive officer (CEO) to become the new chairman of the management board. — Photo tinnhanhchungkhoan.vn

HÀ NỘI — Agribank Securities JSC (Agriseco) on Friday appointed its chief executive officer (CEO) to become the new chairman of the management board.

The new chairman, Phan Văn Tuấn, became the CEO of Agriseco on September 23, 2015. He was voted a member of the management board in November 2014.

Tuấn represents the Việt Nam Bank for Agriculture and Rural Development with an ownership of 21.08 per cent, equal to 44.5 million shares.

The former chairman, Nguyễn Kim Hậu, was no longer a member of the company’s management board on Friday.

In the first quarter of 2017, Agriseco posted VNĐ54.6 billion (US$2.42 million) in revenues, a three-time annual increase.

The company recorded VNĐ52 billion in post-tax profit, which was a big improvement compared to a loss of VNĐ111.5 billion in 2016’s first quarter.

Despite improvements in its business, Agriseco still posted an accumulated loss of VNĐ510 billion. — VNS

Tags Chairman appointment Agriseco

Hòa Bình taps agricultural tourism for sustainable development

Economy

Long An builds investment policies to develop its international port into a logistics hub

Economy

Việt Nam stock market kicks off the final week of November with gains

Economy

Bắc Giang targets breakthrough economic growth and regional cooperation by 2025

Economy

Việt Nam named among the 30 largest export economies

Economy

Code of conduct issued for real estate brokers

More on this story

Economy

Stocks rise on bargain-hunting

Local shares recovered on Friday from a slight fall despite foreign investors ending up as net sellers on the last day of exchange-traded funds (ETFs) portfolio review.

Economy

Farmers blamed as they suffer falling prices

Farmers, already hit by record low pork prices, are facing a fresh blow with prices for many other agricultural products in the Mekong Delta province of An Giang dropping.

Economy

Derivatives market expectations downplayed

Investors should not expect too much from the derivatives market in the early stages despite its potential benefits, says Nguyễn Duy Hưng, chairman of Sài Gòn Securities Inc.

Economy

VN banks look to tap into big data

To successfully deploy big data in the banking sector, there must be a comprehensive strategy using professional teams who have deep understanding of both finance and technology, said Nguyễn Kim Anh, Deputy Governor of State Bank of Việt Nam.

Economy

VN targets parity between FDI, domestic firms

The need to bring about some degree of parity between foreign-invested and domestic firms while fostering increased linkages was highlighted at the Vietnam Business Forum held on Friday in Hà Nội.

Economy

City banks create $5b link-up programme

A banking-enterprises link-up programme in HCM City has enabled 4,138 businesses to borrow over VNĐ124.3 trillion (US$5.5 billion) from banks in the first five months of this year, a conference heard on Friday.

Economy

VN, Indonesia boost energy co-operation

Việt Nam and Indonesia boast huge potential in energy collaboration, Indonesian Ambassador to Việt Nam, Ibnu Hadi, said at a conference held in Hà Nội yesterday.

Economy

KIDO completes industry switch

KIDO Group (KDC) has successfully transformed from a confectioner into a food producer, Nguyễn Thị Xuân Liễu, its vice president told the annual shareholders meeting held in HCM City on Friday.

Economy

VN start-up wins Mekong innovation grant

Tourism accelerator Mekong Innovative Startup Tourism has announced a list of four recipients of the 2017 Mekong Business Initiative Innovation Grants.