On 07th July 2015, the State Bank of Vietnam issued Decision No.1308/QD-NHNN that appoints Mr.Pham Huy Thong, member of the Board of Directors cum Deputy General Director of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) as the Board member cum CEO of Global Petro Commercial One Member Limited Liability Bank (GP.Bank) - the bank under the ownership of the Statebank of VietNam.

The Decision takes effect from 07th July 2015.