On August 6, 2020, Deposit Insurance of Vietnam (DIV) held a ceremony to announce the Prime Minister’s Decision on the appointment of Mr. Pham Bao Lam - Director General of the Issue and Vault Department of the State Bank of Vietnam (SBV) as Chairman of the Board of Directors (BOD) of DIV. Under the authorization of the Prime Minister, Mr. Dao Minh Tu - Deputy Secretary of the Party Personnel Committee, First Deputy Governor of the SBV - handed over the Appointment Decision to Mr. Pham Bao Lam, the new Chairman of the BOD of DIV.
On behalf of the Party Personnel Committee and the Board of Management of the SBV, First Deputy Governor Dao Minh Tu congratulated Mr. Pham Bao Lam on his new position. He expressed his beliefs that Mr. Pham Bao Lam would continue to develop his capabilities, wisdom, experience, and the sense of responsibility to accomplish the assigned tasks in the newly appointed position.
SBV First Deputy Governor Dao Minh Tu speaks at the ceremony
At the ceremony, Mr. Le Van Chau – Vice Secretary of the Central Business Bloc’s Party Committee – also handed over to Mr. Pham Bao Lam the Decision of the Central Business Bloc’s Party Committee approving Mr. Pham Bao Lam to join the Executive Committee, the Standing Committee and to hold the position of Secretary of DIV’s Party Committee for the tenure between 2015 to 2020.
Mr. Pham Bao Lam - newly appointed Chairman of DIV’s Board of Directors - expressed his deep gratitude to the Prime Minister, the SBV’s Board of Management, the Central Business Bloc’s Party Committee, the Board of Directors of DIV and all DIV officials and staff for placing their trust and confidence in him.
Mr. Pham Bao Lam – new DIV’s Chairman – speaks in the appointment ceremony
Mr. Pham Bao Lam pledged to inherit and continue the good legacy, bringing into full play the experience and achievements of the previous generations of leaders of DIV, making efforts with the other leaders in the Board of Directors and all of the officers and employees of DIV to promote their strengths, solidarity, successfully accomplish the set-out strategic objectives and tasks. Specifically: Finalizing the Development Strategy of DIV up to 2025, vision to 2030; Developing the Scheme of differentiated deposit insurance premiums; the Scheme on raising the insured deposit limit; Conducting a review of the implementation of the Law on Deposit Insurance; as well as focusing on restructuring, building plans to handle with poor-performing People’s Credit Funds; Effectively implementing the deposit insurance policy; Implementing solutions to improve the financial capacity; Focusing on training and developing human resources for the future; Promoting the leadership role in the governance, administration, consistent and comprehensive operations of all aspects of the system; Promoting the collective and individual sense of ownership among all officials and employees.
VA