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Treasury & Capital Markets / On The Move
Techcombank reappoints CEO for second straight term
Jens Lottner wins new mandate after leading transformation strategy
The Asset   12 Aug 2025
Jens Lottner
Jens Lottner

The board of directors of Vietnam Technological and Commercial Joint Stock Bank ( Techcombank ) has appointed Jens Lottner as chief executive officer for a second consecutive term, covering the period from 2025 to 2030.

His reappointment, which takes effect on August 18, reflects the board’s consistent strategy and strong confidence in Lottner’s effective leadership, the bank says in a statement.

Lottner has over 30 years of experience in finance and banking across leading global institutions such as McKinsey & Company, Boston Consulting Group, and Siam Commercial Bank ( Thailand ).

More than two-thirds of his career has been based in Asia. His first five-year term at Techcombank was marked by his pioneering efforts in digital transformation, helping position bank as one of the region’s leading tech-driven financial institutions.

The year 2025 marks the final year of Techcombank’s current five-year transformation strategy, based on the three strategic pillars of data, digitalization, and talent. “This has been a pivotal period in Techcombank’s journey, during which its transformation has delivered tangible and meaningful value to customers, the bank, and its stakeholders,” the statement says.

Under the leadership of Lottner and his executive team, Techcombank has delivered strong business results with record-breaking performance across multiple metrics. In 2024, the bank recorded a pre-tax profit of 27.5 trillion dong, up 20.3% from the previous year. Total operating income rose 17.3% to 47.0 trillion dong. The casa ( current account savings account ) ratio reached 40.9%, with a record balance of 231 trillion dong.

In Q2 2025, pre-tax profit reached 7.9 trillion dong, its highest quarterly profit ever. In July, the Ho Chi Minh Stock Exchange announced Techcombank’s inclusion in the Vietnam Sustainable Development Index, recognizing it among the top 20 companies with the highest sustainability scores in the market.