Vietcombank appoints chief executive

Gregory Robinson-Kok will take over from the interim chief executive in office since Franklin Templeton acquired a 49% interest in the Vietnamese fund manager.

Vietnam’s bank for foreign trade, Vietcombank, has appointed Gregory Robinson-Kok as chief executive officer of Vietcombank Fund Management, a Vietnam-focused investment manager.

Robinson-Kok joins from investment firm Franklin Templeton in Edinburgh, where he was responsible for building and implementing the company’s transfer agency global risk and control function outside the US.

Prior to that, he was head of compliance for banking group HSBC in Bermuda and an audit manager for financial institutions with auditor Deloitte & Touche in South Africa.

Based in Ho Chi Minh City, Robinson-Kok will help the build the franchise using his global experience in operations, compliance, accounting and risk management, said Pham Quang Dzung, chairman of Vietcombank Fund management, in a statement.

Robinson-Kok will take over from Stephem Grundlingh, who has been the interim chief executive of Vietcombank Fund Management since Franklin Templeton acquired a 49 percent stake in the firm in
February 2008. Vietcombank holds the remaining 51 percent stake.

In March last year, Vietcombank Fund Management raised $120 million for its second fund, Vietcombank Partners Fund II. This was a tenfold increase from Fund I, which raised $12.5 million and is fully invested.