24th Jun 2026 11:03
(Alliance News) - Vietnam Enterprise Investments Ltd on Wednesday named Simon Davies as its next chair, succeeding Charles Cade.
The investor in listed equities in Vietnam will join the board as an independent non-executive director from next Wednesday.
He will succeed Cade, who has served as interim chair since January, after a "short handover period".
Cade will continue as the company's senior independent director.
"Simon is an internationally experienced chair who has held senior roles across the legal, banking and sovereign sectors, with extensive experience of leading international teams in Asia and the Middle East," Vietnam Enterprise Investments said.
He is currently chair of ICBC Standard Bank PLC. He was previously firmwide managing partner of Linklaters LLP, before joining the executive committee of Lloyds Banking Group PLC.
"It is a great privilege to be asked to chair VEIL, the largest and longest established investor in one of Asia's most dynamic economies. Vietnam's growth, reform agenda and capital market development make this an exciting time for the company, and I look forward to working with the board, the investment manager and shareholders to build on the progress already made and to continue the focus on delivering value for shareholders," Davies said.
Shares in Vietnam Enterprise Investments were down 3.2% at USD10.16 on Wednesday morning in London.
By Michael Hennessey, Alliance News reporter
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