On March 2, 2026, at Head Office, Indovina Bank Ltd. (IVB) organized the Announcement and presenting the appoitment decision to the new General Director. Accordingly, Mr. Nguyen Anh Tuan, Chairman of IVB’s Board of Members, formally presented the appointment decision to Mr. Lu, Wei-Chieh, who officially assumes the position of General Director of IVB effective March 2, 2026.

Chairman of IVB’s Board of Members’ presented the appointment decision to Mr. Lu, Wei-Chieh.

An IVB representative stated that the strengthening of senior leadership is part of the Bank’s long-term development strategy, aimed at enhancing governance and management capacity and improving the effective execution of business strategies in the new phase. This appointment also marks an important transition, ensuring continuity and further building upon the solid foundations established by previous leadership generations.

Mr. Lu, Wei-Chieh officially assumes the position of General Director of IVB as of March 2, 2026.

Mr. Lu, Wei-Chieh brings 34 years of experience in the finance and banking industry. Before joining IVB, he held various senior management positions at Cathay United Bank in Taiwan and Vietnam. Throughout his career, he has been highly regarded for his leadership capabilities, deep professional expertise, and initiatives that have enhanced operational efficiency, strengthened risk management, and promoted sustainable business growth.

Notably, on February 6, 2026, State Bank of Vietnam issued Official Letter No. 905/NHNN-QLGS approving the supplementation of business activities to IVB’s License, and reissued the Joint Venture Bank Establishment and Operation License No. 07/GP-NHNN, replacing License No. 101/GP-NHNN dated November 11, 2019.

Under the amended License, IVB continues to conduct banking operations in accordance with prevailing laws, while being permitted to expand certain business activities to broaden its financial and banking service offerings. This enhancement enables IVB to strengthen its product and service capabilities, better meet the diverse needs of customers, and align with evolving trends in the financial and banking market.

The appointment of the new General Director, together with the enhancement of the Bank’s legal operating framework, is expected to create strong momentum for IVB to continue growing safely and effectively, enhance its competitiveness, and further solidify its position in the market.

Detail annoucement of changing General Director - Legal representative: HERE