Showing posts with label VNDirect. Show all posts
Showing posts with label VNDirect. Show all posts

Friday, February 11, 2011

Stock market has youngest general director

Nguyen Hoang Giang, who now heads VNDirect, is chosen for his team leading skills - Photo: Vnexpress
HCMC – VNDirect Securities Co. has appointed 24-year-old Nguyen Hoang Giang as general director after only three years in the company, making Giang the youngest ever to hold the position in Vietnam’s finance and banking sector.

Giang is a graduate of the U.S.-based University of Nebraska, majoring in economic mathematics and computer science. As one of the university’s four most excellent students, he has received a Phillip Schrager Scholarship and was the youngest lecturer in the mathematics faculty there.

Giang entered the securities industry in early 2008 as a collaborator in VNDirect’s professional solution department. He then became manager and director of the department after just a little over one year.

Giang was appointed as the chief architect for the risk management system and professional solutions department while the enterprise and other securities firms were suffering during the global financial crisis. His contributions brought positive results for VNDirect that reported an after-tax profit of VND212 billion in 2009 and VND195 billion in the January-September period this year.

Giang said it would be a big challenge for a 24-year-old as general director of a securities enterprise capitalized at VND1 trillion. “It is not important to show myself off, but I have to know everyone’s strong points and unite them to achieve the target,” he was quoted by Vnexpress as saying.

VNDirect chairwoman Pham Minh Huong said the board of directors had found that Giang was the best candidate for the position, even though the choice for general director of a securities firm is normally the best business director. “Although Giang is not the best in the business sector, he can cooperate well with colleagues and help them run the enterprise,” Huong said.

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