The State Bank of Vietnam has announced the Governor’s decision appointing Nguyen Tat Thai as Deputy Head of its Forecasting, Statistics and Monetary and Financial Stability Department. Nguyen Tat Thai previously served as Chief of Office of the National Financial Supervisory Commission. The appointment is for a five-year term from the date of appointment and takes effect from the date of signing. The State Bank of Vietnam linked the move to its intake of functions, responsibilities and staff from the National Financial Supervisory Commission as part of a broader streamlining of the political system directed by the Politburo and the Government.