Vietnamese airline Vietjet has reshuffled its top management after it announced changes in its leadership team with new appointments. Vietjet Aviation Joint Stock Company trading as VietJet Air has announced the appointment of its new Chairwoman and CEO at a ceremony held during the implementation of its 2023 plan in Ho Chi Minh City.
Managing Director of the company Dinh Viet Phuong has been appointed as new Chief Executive Officer (CEO) of the airline whereas Madam Nguyen Thi Phuong Thao has become the Chairwoman of the Board of Directors of the company effective April 6.
The budget carrier said that the decision is part of the company’s growth strategy, aimed at expanding and developing the business in the future. Phuong has been an integral part of Vietjet since its inception, and he currently serves as Permanent Vice President and Managing Director, a position he has held since October 2020.
Madam Nguyen Thi Phuong Thao is an entrepreneur and also the founder of Vietjet, a privately-owned new-age, international low-cost airline in Vietnam. As Vietjet’s Vice Chairwoman of the Board of Directors and President & CEO, she has been instrumental in driving the airline’s growth and success for many years, said the company in a statement. Madam Thao is widely regarded as Vietnam’s and Southeast Asia’s first self-made female billionaire.
Dinh Viet Phuong has been an integral part of Vietjet since its inception, and he currently serves as Permanent Vice President and Managing Director, a position he has held since October 2020. He has previously held leadership positions in a number of large corporations. Phuong graduated from Vietnam Maritime University with a Bachelor of Engineering and a Master of Business Administration.
Vietjet said it transported 20.5 million passengers on 116,000 flights in 2022, representing a 20 per cent increase in domestic passengers over the same period in 2019.