Trang Chủ
Under this Decision, Mr. Pham Bao Lam is reappointed to continue his tenure as Chairman of the Board of Directors of DIV, effective from July 31, 2025.
Over the course of his career, Mr. Pham Bao Lam has held various key positions within the State Bank of Vietnam (SBV), including Director General of the SBV Transaction Center and Director General of the Issuance and Vault Department.
On July 31, 2020, the Prime Minister issued Decision No. 1162/QD-TTg appointing Mr. Pham Bao Lam, then Director General of the Issuance and Vault Department, to serve as Chairman of the Board of Directors of DIV.
Pursuant to Decision No. 1395/QD-TTg dated August 13, 2013, promulgating the Charter on the Organization and Operation of the Deposit Insurance of Vietnam, DIV is mandated and empowered to: formulate the deposit insurance development strategy for submission to the Prime Minister through the SBV and organize its implementation; issue, reissue, and revoke Certificates of deposit insurance participation; and request insured institutions to provide periodic or ad-hoc information on insured deposits.
In addition, DIV is authorized to provide information to and access information from the SBV; calculate and collect deposit insurance premiums from insured institutions in accordance with the Law on Deposit Insurance and relevant legal provisions; manage, utilize, and safeguard the deposit insurance fund; reimburse or authorize the reimbursement of deposit insurance to insured depositors; supervise and examine compliance with deposit insurance regulations; and recommend that the SBV take appropriate actions against violations of deposit insurance laws, among other duties and powers.
Communication Department (Translation)
