HANOI, March 21 – Tien Phong Commercial Joint Stock Bank (TPBank – HOSE: TPB) has officially announced the resignation of Mr. Do Anh Tu, Vice Chairman of the Board of Directors, effective March 20. The decision was made following Mr. Tu’s personal request to step down from his position.
On the same day, TPBank’s Board of Directors issued a resolution approving his resignation for the 2023–2028 term.
Separately, Tien Phong Securities (TPS – HOSE: ORS) disclosed that Mr. Tu also submitted a resignation letter from its Board of Directors on March 18. He had served on the board since March 15, 2021, during the 2021–2026 term.
Mr. Do Anh Tu, an Associate Professor specializing in Energy Machinery at the Technical University of Prague in the Czech Republic, is widely recognized as an expert in brand management and marketing.
In his official statement, Mr. Tu affirmed that he would not interfere in any matters related to his resignation and pledged not to file any complaints or legal claims against TPBank.
In a related development, the Hanoi Stock Exchange (HNX) has announced the temporary suspension of trading for three bond lots: TCDH2227002 issued by Tracodi Construction Group (TCD), and GKCCH2124001 and GKCCH2124002 issued by Gia Khang Investment Trading Service JSC. The suspension, effective March 20, is linked to securities registered and deposited by Tien Phong Securities.
Earlier in February, HNX had also suspended trading of HIC12103 bonds from HELIOS Investment and Services JSC, as well as BCR12101 bonds from BCG Land JSC.
These developments highlight increased regulatory scrutiny in Vietnam’s capital markets amid ongoing efforts to enhance transparency and corporate governance.
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Source: Vietnam Insider