Hong Leong Bank appoints new CEO for Vietnam unit

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KUALA LUMPUR (Dec 16): Hong Leong Bank Bhd appointed Raymond Sia Say Guan as chief executive officer for Hong Leong Bank Vietnam Ltd (HLBVN)

In a statement today, Hong Leong Bank group managing director Tan Kong Khoon said Sia's appointment was effective since last Thursday (Dec 10).

"We are pleased to have Raymond on board to strategically lead our operations in Vietnam. HLBVN remains committed towards continuously improving its services as well as meeting the needs of the local Vietnam customers.

"Raymond brings with him over 20 years of banking and corporate treasury experience specialising in corporate, SME and commercial banking," Tan said.

According to Tan, HLBVN commenced operations in Ho Chi Minh City in October 2009 and has since expanded its network to four outlets.

He said HLBVN's operations involved a connection to over 15,000 automated teller machines and 50,000 point of sale terminals nationwide.

In Malaysia, shares in Hong Leong Bank settled unchanged at RM13.40 at 12.30pm for a market capitalisation of RM27.47 billion. The stock saw 1.4 million shares done.

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