HDS has announced a resolution electing Philipp Roesler as Vice Chairman of the Board of Directors effective 23/10/2026 for the remainder of the 2025–2030 term; he was earlier elected as an independent board member via a written poll that closed on 20/10. Roesler, a German of Vietnamese descent, is founder and CEO of Consessor AG and has been a board member of Vietjet (VJC) since 8/2025. Shareholders also approved clearing and settlement services under a central counterparty model, and the company reported IPO plans to offer 121.79 million shares (11.11% of outstanding shares) at a minimum price of VND 12,252 per share, targeting at least VND 1,492.1 billion. In Q3/2026, operating revenue reached VND 1,130 billion (nearly 3x the same period), and after-tax profit was VND 615 billion; for the nine months, pre-tax profit reached VND 2,241 billion, 66% of the 2026 plan. As of 30/9/2026, total capital reached VND 27,750 billion, 4.7 times the start of the year.
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Original headline: Chứng khoán HD bầu Phó Chủ tịch HĐQT
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- Former German Deputy Prime Minister nominated to board of securities firm ahead of IPO
HDS nominates Philipp Roesler, a former German Deputy Prime Minister of Vietnamese origin, as an additional independent board member for the 2025-2030 term, with a written shareholder vote planned for October since no other nominations were received by October 5. He previously served as Minister of Health, Minister of Economics and Technology, and Deputy Prime Minister in 2011-2013, and has been an independent board member of Vietjet since 2025. The nomination comes as HDS prepares to offer nearly 121.8 million shares in Q4 2026 (about 11.11% of shares outstanding), raising charter capital from about 10,961 billion dong to about 12,179 billion dong, with proceeds allocated 60% to margin lending, 10% to advances on stock sales and 30% to valuable papers. The company plans to list on HoSE, or register for UPCoM if it does not meet listing requirements. Separately, SSI Research forecasts HDBank pre-tax profit of 7,000 billion dong in Q3 2026, up 48% from 4,735 billion dong a year earlier.
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HD Securities (HDS) reported pre-tax profit of VND 2,241 billion for the first nine months of 2026, up 3.7 times year-on-year and 1.7 times its full-year 2025 profit of VND 1,314 billion. Nine-month after-tax profit reached VND 1,804 billion, and Q3 revenue was VND 1,130 billion, nearly three times the year-earlier level. Investment banking was a key growth driver, with underwriting and issuing-agency revenue of VND 982 billion, up 9.8 times year-on-year, while investment and funding income was the largest source at 48.9% of nine-month revenue. Charter capital rose from VND 1,461 billion to VND 10,961 billion, and equity grew about fourfold since the start of the year. The company said 87% of nine-month pre-tax profit was realized, with annualized ROE of 27.5%.
- Impressive Profile of Former German Deputy PM Joining HD Securities: Heart Surgery PhD, Licensed Pilot, Once Ran the World Economic Forum
Former German Deputy Chancellor Philipp Roesler has been elected Vice Chairman of the HDS board for the 2025-2030 term. Born on 24 February 1973 in Khanh Hung, Ba Xuyen (formerly Soc Trang province), Vietnam, he was adopted by a German couple at 9 months old. He served as German Health Minister (2009-2011), Economy and Technology Minister (2011-2013) and Deputy Chancellor, and was the first Asian-origin person to hold that post. After leaving politics, he was CEO of the World Economic Forum in Switzerland from 2014 to 2017, and has been Vice Chairman of Vietjet's board since May 2026. He holds a PhD in heart surgery and a private pilot licence.
- Former German Vice Chancellor Takes Senior Role at Vietnamese Securities Firm
HD Securities (HDS) elected Philipp Roesler, a former German Vice Chancellor, as Vice Chairman of its Board of Directors effective October 23, for the remainder of the 2025-2030 term. Roesler served as Vice Chancellor and Minister of Economics and Technology under Angela Merkel and previously held roles at Siemens, Deutsche Bank and Lufthansa. HDBank owns 90% of HDS, which reported nine-month operating revenue of VND 3,018 billion and pre-tax profit of VND 2,241 billion, up 2.6 and 3.7 times year on year, and has completed its annual plan. The company plans an IPO in Q4 2026, offering 121.79 million shares (11.11% of outstanding shares) at a minimum price of VND 12,252 per share to raise at least about VND 1,492 billion. If completed, charter capital would rise from VND 10,961 billion to VND 12,178 billion.
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- SeABank Cuts 2026 Business Plan and Elects New Board Chairwoman
SeABank has cut its 2026 pre-tax profit target by 15% to VND 6,008 billion, down about VND 1,060 billion from the previous implied level of roughly VND 7,068 billion. The bank said it has lowered deposit rates by 0.5-0.7% per year for terms of 6 months or more, creating room to reduce lending rates, while focusing credit on priority sectors, SMEs, green projects and firms with sound finances. On leadership, the board approved Chairman Lê Văn Tần's resignation, and he is being prepared for submission to the State Bank of Vietnam for appointment as General Director, replacing Lê Quốc Long at the end of his term. Trần Thị Thanh Thủy was elected Chairwoman for the 2023-2028 term, effective October 22, 2026. The board now has 8 members, including 2 independent and 3 foreign members.
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