(Source: www.pvn.vn; 26/06/2019)

On 26 June 2019, the Commission for the Management of State Capital at Enterprises (CMSC) and the Vietnam Oil and Gas Group (PVN) publicized the decision to appoint Mr. Le Manh Hung to hold the position of the Member of the Board of Directors and the President & CEO of the Group.

Attending the ceremony, there were: Mr. Nguyen Hoang Anh, the Party Central Committee member, the Chairman of CMSC; Mr. Le Van Chau, the Deputy Party Committee Secretary of the Centrally-run Businesses’ Sector; Mr. Dang Hoang An, the Deputy Minister of Industry and Trade, together with leaders of the Ministries, central Committees and Sectors.

Regarding PVN, there were Mr. Tran Sy Thanh, the Party Central Committee member, the Chairman of the Board of Directors; Mr. Nguyen Vu Truong Son, Mr. Pham Xuan Canh, the Deputy Party Committee Secretaries, the members of the Board of Directors, together with the members in the Board of Directors and the Board of Management, the leaders in the Specialization Boards/Group Office and the leaders of the member units.

Mr. Nguyen Hoang Anh, the Chairman of CMSC granted the Decision to appoint the position of member of the Board of Directors to Mr. Le Manh Hung.

At the ceremony, Mr. Nguyen Canh Toan, the General Director of Department of Personnel and Organization, CMSC and Ms. Bui Thi Nguyet, the member of the Standing Party Committee, the Head of Human Resources Organization and Administration Department, PVN publicized the Decisions to appoint the position of member of the Board of Directors, President & CEO of PVN.

Accordingly, on 20 June 2019, the Chairman of CMSC signed Decision No. 219/QD-UBQLV to appoint Mr. Le Manh Hung, the Deputy President of PVN to hold the position of member of the Board of Directors.

On 25 June, PVN decided to appoint Mr. Le Manh Hung, the member of the Board of Directors to hold the position of the President & CEO of PVN.

Mr. Tran Sy Thanh, the Chairman of Board of Directors of PVN, granted the Decision to appoint the position of the President & CEO to Mr. Le Manh Hung.

Speaking at the ceremony, Mr. Nguyen Hoang Anh, the Chairman of CMSC affirmed that it was the trust of the Government, the Ministry of Home Affairs, CMSC, the Committee of the Centrally-run Businesses’ Sector, the Standing Party Committee, the Board of Directors together with all PVN’s officers and employees for PVN in general and Mr. Le Manh Hung in particular.

Currently, PVN has the outstanding, complete and synchronized developments both in width and depth, PVN is the best business model, proving the important role of the State-owned businesses in the socialist-oriented market economy. PVN has deeply good tradition, which is the tradition of constantly striving, overcoming all difficulties and hardship of people who always desire to seek oil to enrich the country. The historical tradition and the achievements of the Group are the motivations for all operations of the Group in the future, but also the pressure for all officers and employees, especially those assigned the responsibility to figure out the way to inherit and promote that beautiful tradition.

PVN is in the difficult period due to subjective and objectives factors, however, with the union and agreement of all officers and employees of the Group, Mr. Nguyen Hoang Anh believes that with the wholehearted efforts and dedications of the New President & CEO and all leaders, officers and employees, PVN will overcome difficulties and develop sustainably, implement determination to bring PVN to develop strongly in the world.

Mr. Nguyen Hoang Anh, the Chairman of CMSC and Mr. Tran Sy Thanh, the PVN’s Chairman of the Board of Directors offered flowers to congratulate Mr. Le Manh Hung.

Affirming that the responsibility and role of the Board of Directors and the President & CEO of PVN was very great, Mr. Nguyen Hoang Anh suggested that in the next time, the New President & CEO of PVN - Mr. Le Manh Hung – had to be together with the Group’s leaders to continue to implement the development strategies of the Vietnam Gas and Oil industry until 2025 and vision to 2035 in accordance with directions of the Ministry of Finance at Resolution No/ 41-NQ/TW.

“In the context that PVN has many difficulties, you play an important role in gathering the team, upholding the spirit of solidarity and unanimity together with all leaders and employees to complete the tasks assigned by the Party and Government”, Mr. Nguyen Hoang Anh said.

Mr Nguyen Hoang Anh - the Chairman of CMSC spoke at the ceremony.

Also at the ceremony, on behalf of the leaders of the Party, Ministries and the central industries, Mr. Nguyen Hoang Anh - the Chairman of CMSC was thankful for contribution of Mr. Nguyen Vu Truong Son to the development of the Oil and Gas industry, step by step together with all leaders, officers and employees of the Group to overcome difficulties, simultaneously wished Mr. Nguyen Vu Truong Son to keep well fullfilling his assigned duties in the position of member of the Board of Directors.

Sending the congratulation to Mr. Le Manh Hung, the PVN’s New President &CEO, who was trusted by the Party, Government, Commission as well as all leaders, officers and employees of the Group, Mr. Nguyen Vu Truong Son, the member of the Board of Directors cum the former President &CEO, called for the solidarity and the unity from all officers and employees of the Group to support and joint efforts to help Mr. Le Manh Hung complete his tasks.

Speaking at the ceremony, Mr. Le Manh Hung expressed his gratitude to the Government Party Personnel Committee, Committee Secretary of the Centrally-run Businesses’ Sector, CMSC, Ministries and industries for supporting, trusting, accepting and agreeing to let the Board of Directors appoint him to the position of member of the Board of Directors, and PVN’s President &CEO; thanked the Standing Party Committee, the leaders, the key officers of the Group, and the Party Committee Secretary - the Chairman of the Board of Directors for trusting and introducing him to the competent authorities for consideration.

“I deeply understand that beside your trust for me, you also wish me in the new position to perform the difficult and complicated tasks of the Group” Mr. Le Manh Hung said.


Mr. Le Manh Hung, the PVN’s New President &CEO, said at the ceremony

Based on the deep awareness of difficulties and challenges of the Group, analyzing the characteristics of the industry, advantages as well as disadvantages, and getting directing opinions and the assigned tasks of the superiors, Mr. Le Manh Hung affirmed that he would make efforts for the PVN’s development and implement 6 major tasks of the Group, namely: Completing the leadership apparatus of the Group; Managing resources and organizing the implementation of the sector’s strategies; Strictly managing finance and investment; Managing and promoting production and business, expanding markets to increase value and improve production and business efficiency; Simultaneously and comprehensively deploying risk management and risk control in the Group"s operations and regenerating the oil and gas culture in the new period so that employees believe, have a strong attachment and dedicate, enhance capacity and creative spirit to overcome difficulties for the PVN’s development.

In order to carry out that great tasks, Mr. Le Manh Hung called for the leaders and all officers and employees of the Group to unite, and join efforts for the PVN’s development.

“I believe with the bravery and intelligence of the people who have been trained for many years, especially through storms, we will show discipline, results and work efficiency to gradually regain the trust of leaders of the Party, State and people”, Mr. Le Manh Hung emphasized.

Mr. Le Van Chau, the Deputy Party Committee Secretary of the Centrally-run Businesses’ Sector offered flowers to Mr. Le Manh Hung - the PVN’s New President&CEO.

On this occasion, Mr. Le Manh Hung also proposed and hoped the leaders at all levels to trust the Oil and Gas industry, pay attention to help, and especially remove difficulties in mechanisms and policies for the Group to maintain development.

On behalf of the Party Committee and the Board of Directors of the Group, at the ceremony, Mr. Tran Sy Thanh, the Chairman of the Board of Directors expressed sincere thanks to the leaders of the Party, Government and CMSC for paying attention and supporting PVN to strengthen the leadership apparatus of the Group.

“This is a great expectation of genuine persons working in oil and gas industry in the past months. It is a decision of the senior leaders, which expresses the trust in the choice of the employees for the President &CEO”, the PVN’s Chairman of the Board of Directors, Mr. Tran Sy Thanh stated.

Mr. Le Manh Hung was born in 1973 in Hung Yen, he has been a member of the Standing Party Committee, Vice President & CEO of PVN from 2013 to present. Currently, he is in charge of the following fields: Oil Refinery Industry; Gas Industry, Electrification projects; Safety - Health - Environment; Quality Management and Information Technology of the Group.

Regarding the profession: As a Doctor of Petrochemicals, he has gone through the positions: Technology Engineer - Dung Quat Oil Refinery Plant; Technology Engineer - Drilling Mud Corporation; Specialist - Oil and Gas Processing Board - Vietnam Oil and Gas Group; Specialist - Oil and Gas Department, Government Office; Deputy Head of Oil and Gas Processing Board - Vietnam Oil and Gas Group; Vice President & CEO - Long Son Petrochemical Joint Venture Company; Chairman of Board of Directors - Long Son Petrochemical Joint Venture Company; Head of PMU - Ca Mau Gas - Power - Fertilizer Complex; President & CEO of PetroVietnam Ca Mau Fertilizer Joint Stock Company; Chairman of Board of Directors - Drilling Mud Corporation; Vice President & CEO - Vietnam Oil and Gas Group. He is a person having worked for many years (nearly 20 years) with the Oil and Gas industry, he has been trained professionally in Oil and Gas, had experience and capacity in management, and gone through many leadership and management positions from investment project to production and business, through models of the project management unit, the joint-venture company, the joint-stock company, the parent company - PVN and the State management at the Government Office.

27/06/2019
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