On 1/8, One Mount Group announced leadership changes within its ecosystem, which includes Techcombank and Masterise Group. Phung Quang Hung has been appointed CEO of One Mount Group, replacing Nguyen Thi Diu. Diu will assume the role of vice chair of the board of directors at three companies: One Mount Group, Techcom Securities (TCBS), and Masterise Group.

Phung Quang Hung, the new CEO of One Mount Group. Photo: TCB.

Born in 1974, Hung graduated with a degree in information technology from Hanoi University of Science and Technology in 1995 and earned an MBA in international economics from Washington State University in 2001. He has worked at several international banks, including ABN AMRO Vietnam and National Australia London.

The new CEO of One Mount Group joined Techcombank in 9/2010. In 3/2020, he was appointed permanent deputy CEO of the bank. On July 30th, he left his position at Techcombank to take on this new role.

One Mount Group was established by some of Vietnam's largest corporations, including Techcombank and Vingroup. However, in early 2022, Vingroup divested its entire stake in the company.

With charter capital exceeding 5,400 billion VND, the company operates primarily in technology, retail, and real estate. One Mount Group currently has three main pillars: One Mount Distribution, a retail platform connecting grocery stores with customers; One Mount Consumer, an e-wallet; and OneHousing, an online real estate platform.

One Mount Group is also a major shareholder in MobiFone Digital Payment JSC, with a 38% ownership stake. Additionally, the company has committed to investing 200 to 500 million USD to build blockchain network infrastructure for Vietnam. This is a distributed database system that stores information in blocks linked together by cryptography, forming a continuous chain.

Trong Hieu