Governor of the State Bank appointed Chief of the Central Party Office

According to the decision of the Politburo, Mr. Hung also ceased to hold the position of Secretary of the Party Committee of the State Bank of Vietnam. He will replacepredecessor Nguyen Van NenThe Central Party Office, headed by Mr. Nen, received a decision to join the Executive Committee and the Standing Committee of the City Party Committee to introduce the election of Secretary of the Ho Chi Minh City Party Committee for the 2020-2025 term on October 11.

At the 10th session of the 14th National Assembly (opening on October 20), the National Assembly will approve the dismissal of Mr. Le Minh Hung from the position of Governor of the State Bank of Vietnam.

Mr. Le Minh Hung, 50 years old, from Huong Son, Ha Tinh; master's degree in Public Policy; member of the 12th Party Central Committee.

He has held the positions of Deputy Head and Head of the Asian Development Bank; Deputy Head and Head of the International Cooperation Department; and Head of the Personnel Department, State Bank of Vietnam.

Since October 2011, he has been Deputy Governor of the State Bank of Vietnam. Three years later, he held the position of Deputy Head of the Central Party Office; in April 2016, he held the position of Governor of the State Bank of Vietnam.

The Central Party Office is an advisory body, assisting the Central Executive Committee, directly the Politburo and the Secretariat in organizing and operating the Party's leadership work, coordinating and regulating the activities of the Central Party's advisory bodies.

The Office also has the function of advising on principles and regimes for financial and asset management of the Party; directly managing the finances and assets of Central Party agencies and ensuring logistics for the activities of the Central Party; and being a comprehensive information center serving the leadership.