SACOMBANK Appoints Mr. Loic Faussier as Chief Executive Officer

Mr. Phan Dinh Tue, BOD Member of SACOMBANK, presents the appointment decision to Mr. Loic Faussier as CEO. 

The appointment marks a significant step in strengthening SACOMBANK’s executive leadership, reflecting the Board’s confidence in Mr. Loic Faussier’s leadership capabilities, international management experience, and strategic vision. It also aligns with the Bank’s long-term development strategy of building a high-caliber leadership team in accordance with international governance standards.

With his extensive expertise, Mr. Loic Faussier is expected to work closely with the Executive Board to successfully deliver SACOMBANK’s 2026 business objectives, accelerate digital transformation, enhance corporate governance and risk management, and execute the Bank’s 2026 - 2030 strategic plan focused on prudent, efficient, and sustainable growth.

Born in France in 1972, Mr. Loic Faussier holds a degree in Economics from Paris Assas University, as well as two master’s degrees: a Master’s in Finance from Paris Dauphine University and a Master’s in Business Law from the Paris Institute of Political Studies.

With more than 27 years of experience in banking and finance, Mr. Loic Faussier has held senior leadership positions at leading financial institutions across France, Hong Kong (China), Japan, and Vietnam, including Chief Executive Officer of HSBC Vietnam, Deputy CEO of HSBC Japan, Deputy CEO of VIB, Chief Executive Officer of SeABank, and Senior Advisor to the Executive Board of LPBank.

Since joining SACOMBANK in March 2026, Mr. Loic Faussier has successively served as Deputy CEO and Acting CEO, directly overseeing key strategic initiatives focused on strengthening corporate governance, improving operational efficiency, accelerating digital transformation, and enhancing risk management and compliance in line with international best practices. His contributions have played an important role in reinforcing the Bank’s governance framework, improving operational performance, and laying a solid foundation for sustainable growth.

Mr. Loic Faussier officially assumes the position of CEO of SACOMBANK effective 10/07/2026.

Speaking at the appointment ceremony, Mr. Loic Faussier said: "I fully recognize that SACOMBANK is entering a period of significant challenges, as the Bank must both address legacy issues and build a solid foundation for future growth.

This will not be an easy journey. However, I am confident that with the foundation already in place, the strong support of the Board of Directors and the Executive Board, and above all, the dedication of our employees, SACOMBANK has every capability to succeed. In my new role, I will work together with the entire Bank to remain steadfast in strengthening corporate governance, reinforcing our operational foundation, and creating sustainable value for our customers, shareholders, partners, and the community."

With the appointment of Mr. Loic Faussier as CEO, SACOMBANK’s Board of Management now comprises 1 CEO, 10 Deputy CEO, and 2 BOM members. Bringing together highly qualified and experienced professionals across banking, finance, risk management, technology, and operations, the BOM provides a strong foundation for the Bank to execute its strategic objectives, enhance competitiveness, and achieve sustainable long-term growth.