VIFC-HCMC sets up advisory board with leading global experts

The advisory board will support research, provide policy advice and recommend strategic directions for the centre’s development, the VIFC-HCMC Executive Board said.

A corner of Ho Chi Minh City (Photo: VNA)
A corner of Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City (VNA) - The Executive Board of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) named a 13-member advisory board on July 12, including prominent domestic and foreign experts in finance, investment and policymaking.

Assoc. Prof. Dr. Tran Hoang Ngan, a National Assembly deputy and Chairman of the Advisory Council for Breakthrough Development at Saigon University, will chair the board. He brings years of experience in economic research and policy advisory, with a focus on macroeconomics, finance - banking, monetary policy and institutional reform.

Notably, Philip Rösler, former German Vice Chancellor and former Managing Director of the World Economic Forum (WEF), joins with expertise in international strategic cooperation, digital assets, aviation finance, and engagement with investors and financial institutions.

Former US Ambassador to Vietnam Marc Knapper also joins, bringing experience spanning diplomacy, trade, investment, Vietnam-US. relations, energy, education and international cooperation.

The board also includes senior experts who led operations at major global financial hubs, namely Stephen Glynn, former CEO of the Astana Financial Services Authority and ex-head of enforcement at the Dubai Financial Services Authority; Jeff Singer, former CEO of the Dubai International Financial Centre; and Bhaskar Dasgupta, former head of market infrastructure at Abu Dhabi Global Market.

Another notable appointee is Jochen Biedermann, Managing Director of the World Alliance of International Financial Centres, who has extensive expertise in financial centre development, fintech, digital assets, digital economy, international cooperation among financial hubs, and innovation ecosystems.

Representing investment and fintech are Don Lam, Founding Partner and CEO of VinaCapital; Chia Hock Lai, Chairman of the Responsible Fintech Institute and Co-founder and Chief Strategy Officer of Embed Financial Group Holdings; and Sam Van, Founder and CEO of SRO Partners.

Domestic members include Prof. Dr. Nguyen Khac Quoc Bao, Vice President of the University of Economics Ho Chi Minh City; Assoc. Prof. Dr. Hoang Cong Gia Khanh, Rector of the University of Economics and Law; and Dr. Luu Ngoc Hiep, Dean of the Faculty of Finance and Banking at the University of Economics & Business under the Vietnam National University, Hanoi.

The advisory board will support research, provide policy advice and recommend strategic directions for the centre’s development, the VIFC-HCMC Executive Board said.

Through regular consultations, the centre aims to build a modern, transparent and highly connected financial ecosystem capable of attracting investment, spurring innovation and lifting Vietnam’s standing in global and regional finance./.

VNA

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