- Đinh Văn Bình joins from Techcombank and is appointed CEO, Validus Vietnam.
- This is a key leadership role and a critical milestone as part of Validus’s execution and expansion strategies in Vietnam
VIETNAM, 25 March 2022 – Validus, Southeast Asia’s leading SME growth financing platform, today announced the appointment of Đinh Văn Bình as CEO of Validus in Vietnam.
Bình is responsible for overseeing and driving the execution of our business strategy and operations, including driving the growth and expansion of Validus in Vietnam. He is a seasoned financial services professional who brings nearly two decades of deep experience in SME Banking, Commercial Banking and Asset Management with Techcombank and Sacombank.
Commenting on the appointment, Vishal Shah, President, Emerging Markets, at Validus said, “Vietnam is a key growth market for Validus, and we continue to invest in growing our presence to drive financial inclusion for SMEs in the country. I am delighted to welcome Bình to the Validus family – I’m confident that his proven track record, deep local expertise and growth mindset make him an ideal leader to drive Validus Vietnam forward in the next phase of our growth.”
The award-winning FinTech has identified several strategic drivers for growth; in addition to strategic acquisitions and investments in technology, it has also been expanding its team rapidly in Southeast Asia, with its team growing by over 25% in the past 6 months with the majority coming in support of new technology and Neobank initiatives. Validus has consistently managed to attract talent to join, and more than 90% of its senior leadership team across Southeast Asia have strong experience in banking and financial services.
Since its launch in 2015, Validus has disbursed over US$1 billion across more than 50,000 loans to small businesses in Singapore, Vietnam, Indonesia and Thailand. The company is backed by highly reputed VCs including FMO, Vertex Growth, Vertex Ventures Southeast Asia and India, AddVentures by SCG, K3 Ventures, Openspace Ventures and VinaCapital Ventures.
Đinh Văn Bình is a seasoned financial services professional with nearly two decades of deep experience in SME Banking, Commercial Banking and Asset Management with Techcombank and Sacombank.
Prior to joining Validus, Binh was a key member of Techcombank, the largest joint stock bank in Vietnam. Binh was part of Techcombank’s Business Banking leadership team with his most recent role being Senior Director & Country Head, Partnerships. Binh joined Techcombank in 2010 and held various positions focusing on Supply Chain Finance, Digital Lending, Sales and Relationship Management, Partnerships and Risk Management.
Prior to this role, Binh was part of Sacombank and held various positions including Branch Director, CEO & Deputy CEO at certain subsidiaries and Executive Vice Chairman at Sacombank Investment Corporation.
Binh has always maintained a keen interest in the Startup and Fintech space. As a mentor and consultant, Binh has supported certain startups from South East Asia and Finland to access the Vietnam market on a pro bono basis.
Founded in 2015 to address the unmet financing needs of SMEs, Validus is Southeast Asia’s leading SME growth financing platform, which has now expanded beyond lending solutions to become ASEAN’s first SME-focused, full-suite financial services provider. Validus is headquartered in Singapore and is growing rapidly across its four markets – Indonesia, Singapore, Thailand and Vietnam. An award-winning FinTech, Validus uses data analytics and AI to drive growth financing to the underserved SME sector via funds from individual and institutional investors. Validus holds a Capital Markets Services License by the Monetary Authority of Singapore (MAS) and is also licensed by Otoritas Jasa Keuangan (OJK) in Indonesia and Securities and Exchange Commission (SEC) in Thailand. For more information, please visit www.validus.sg.
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