The State Bank of Vietnam announced the Governor’s decision appointing Lai Huu Phuoc as Chief Inspector, placing him in charge of the central bank’s inspection function. At the appointment ceremony in Hanoi, Deputy Governor Pham Quang Dung underlined the Inspectorate’s role in safeguarding transparency and discipline across the banking system, noting that the credit institution sector has total assets of more than VND 23 quadrillion. The central bank also highlighted Phuoc’s background across the State Audit Office of Vietnam and Joint Stock Commercial Bank for Foreign Trade of Vietnam, and his recent roles at the State Bank of Vietnam as Deputy Chief Inspector and Acting Chief Inspector.
State Bank of Vietnam 2025-03-06
State Bank of Vietnam appoints Lai Huu Phuoc as Chief Inspector
The State Bank of Vietnam appointed Lai Huu Phuoc as Chief Inspector, overseeing the central bank's inspection function. Deputy Governor Pham Quang Dung emphasized the Inspectorate's role in maintaining transparency and discipline in a sector with assets exceeding VND 23 quadrillion. Phuoc's experience includes roles at the State Audit Office of Vietnam and the Joint Stock Commercial Bank for Foreign Trade of Vietnam.