Ho Chi Minh City, March 14, 2024, Ho Chi Minh City Securities Corporation (HSC, HOSE: HCM) announces information about the nationalites of Mr. Johan Nyvene - Chairman of the Board. Accordingly, he holds dual nationality: American nationality under the name Johan Nyvene and Vietnamese nationality (effective from January 17, 2014) under the name Nguyen Quoc Huan.

Mr. Johan Nyvene was appointed as HSC’s Chairman of the Board according to Resolution No. 02/2021/NQ-ĐHCĐ in April 2021. Prior to that, he served as the CEO of HSC for 13 years since 2007. Under his leadership, HSC has grown significantly, becoming one of the largest securities companies in Vietnam.

Mr. Johan Nyvene is also one of the financial experts who has made significant and positive contributions to the stock market. Recently, at the Conference On the Deployment of Tasks for the Development of the Stock Market in 2024 chaired by Prime Minister Pham Minh Chinh, Mr. Johan Nyvene delivered a lecture on removing obstacles to upgrade the Vietnamese stock market. According to him, along with the upgrade of the market, businesses will have more opportunities to access potential foreigninvestment. The Vietnamese stock market will become more attractive to investors and receive large capital inflows from investment funds worldwide. Foreign investment through open funds, index funds (ETFs) referencing MSCI and FTSE indexes is expected to flow into the Vietnamese stock market on a large scale.

Read the full speech by Mr. Johan Nyvene here: