SACOMBANK's Board has appointed Ms. Nguyen Thi Kieu Anh, currently Deputy CEO, as Acting CEO from 02/11/2026, while Mr. Loic Faussier steps down as CEO and remains as a senior adviser to the Board. Ms. Kieu Anh, born in 1983 and holding an MBA from the Banking Academy, has more than 20 years of experience in finance and banking, including at VPBank and LPBank. According to the bank, the leadership change aims to speed up completion of the restructuring plan for Sài Gòn Tài Lộc Commercial Joint Stock Bank (ticker STB). The bank plans to prioritize corporate clients in import-export, FDI and SMEs, and expand funding for green credit.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: SACOMBANK công bố quyền Tổng Giám đốc mới
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Related tickers and likely impact
STB
• NeutralSaigon Treasure Bank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 124,990 bn VND |
| P/E | 81.9 |
| P/B | 1.95 |
| Close on 10/30/2026 | 66.30 |
| Change that session | -0.90% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- Steps down as SACOMBANK General Director, where will Mr. Loic Faussier take up his new role?
On the morning of November 2, SACOMBANK announced senior personnel changes. Its Board of Directors appointed Ms. Nguyen Thi Kieu Anh, a Deputy General Director, as Acting General Director effective November 2, 2026. At the same time, Mr. Loic Faussier stepped down as General Director and will continue with the bank as a Senior Adviser to the Board of Directors. Mr. Faussier joined SACOMBANK in March 2026 as Deputy General Director for risk management, legal and compliance, was named Acting General Director on April 22, and was formally appointed General Director on July 10, 2026 after State Bank of Vietnam approval. He has more than 27 years of experience in finance and banking, including senior roles at HSBC Vietnam, VIB and SeABank.
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