On July 25, 2017, BODs of Sai Gon Thuong Tin Commercial Joint Stock Bank approved resignation of Ms. Duong Hoang Quynh Nhu as Deputy CEO as from July 25, 2017 and resignation of Mr. Nguyen Van Nhan as Permanent Deputy CEO as from July 28, 2017. The board also approved the appointment of Ms. Nguyen Duc Thach Diem as CEO as from July 25, 2017 and also approved appointment of Mr. Phan Quoc Huynh as Deputy CEO as from July 25, 2017.