SACOMBANK appoints Mr. Loic Faussier as Deputy CEO, strengthening risk management capabilities

Mr. Nguyễn Đức Thụy – CEO of SACOMBANK (right) presents flowers to congratulate Mr. Loic Faussier on assuming his new role at SACOMBANK.

The appointment of Mr. Loic Faussier clearly demonstrates SACOMBANK’s strategy to attract high-level executives with extensive international experience, particularly in risk management and compliance – key factors that will help the Bank accelerate the completion of its restructuring plan, strengthen its financial safety foundation, and move toward high-quality, sustainable, and prudent growth.

Mr. Loic Faussier was born in 1972 in France. He graduated with a degree in Economics from Paris Assas University and holds two Master’s degrees: a Master’s in Finance from Paris Dauphine University and a Master’s in Business Law from Sciences Po Paris. With over 27 years of experience, Mr. Faussier has held important leadership positions at major financial institutions and banks in France, Hong Kong (China), Japan, and Vietnam, including: Director of HSBC Vietnam, Deputy Director of HSBC Japan, Deputy General Director of Vietnam International Bank (VIB), General Director of Southeast Asia Bank (SeABank), Senior Advisor to the Executive Board of Loc Phat Vietnam Bank (LPBank). He also worked at Citibank Paris and served as Deputy Financial Attaché at the French Embassy’s Chamber of Commerce in Beijing.

With the addition of Mr. Loic Faussier, SACOMBANK’s Board of Deputy CEOs now consists of 12 members, with Mr. Nguyễn Đức Thụy serving as CEO.

SACOMBANK’s Board of Directors congratulates the newly appointed Deputy CEO.

Alongside strengthening the leadership team, SACOMBANK has been implementing various initiatives to modernize and make its operating model more flexible. The Bank has streamlined its structure to 9 Business Blocks, transitioned to a vertical, industry-based management model since 22/01/2026, and is aiming for an optimal front-to-back staff ratio of 80:20 to improve operational efficiency and promote sustainable growth.

In addition, SACOMBANK continues to leverage its extensive network of more than 535 transaction points across Vietnam, Laos, and Cambodia, along with 4 subsidiaries specializing in various financial sectors. The Bank also maintains correspondent relationships with 9,734 correspondent banks from 404 banks in 104 countries and territories, providing a strong foundation for international payments, trade finance, and cross-border transactions.