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2912
In the world today
Ngo Chi Dung

Ngo Chi Dung

N. Dung
-0.05% | - $-0.55M
$1.19 B ₹ 10,857 Cr
Real Time Net Worth #2912 Ranking as of 21 Feb 2026 By Forbes
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More on Ngo Chi Dung

Gender

Male

Age

57Y

Country

Vietnam

Born On

September, 1968

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Russian Academy Of Sciences - Doctorate

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Banking)

Primary Organization

VPBank

Titles

Chairman

Sources of Wealth

Banking

Industry

Finance, Banking

About Ngo Chi Dung

N go Chi Dung is the Chairman of the Board of Directors of VPBank (Vietnam Prosperity Joint Stock Commercial Bank), one of the leading private banks in Vietnam. He began his entrepreneurial career in Russia in the 1990s, founding the successful instant noodle brand Rollton with partners. After achieving success in Eastern Europe, he returned to Vietnam to invest in the banking sector.

Since taking the helm at VPBank in 2010, Dung has spearheaded its transformation into a retail banking powerhouse known for its digital innovation and consumer finance arm, FE Credit. Under his leadership, VPBank has become one of the most profitable banks in Vietnam with a multi-billion dollar market capitalization. He holds a Doctorate in Economics from the Russian Academy of Sciences.

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Quick Reads

Early Life and Background

Ngo Chi Dung is a prominent Vietnamese billionaire and the Chairman of VPBank. Born into an ambitious entrepreneurial generation, he pursued high-level academic training in Russia.

Dung studied in Moscow, where he obtained a Doctorate in Economics. His early career was spent in the financial markets of Russia and Eastern Europe, where he gained the powerful financial resources and institutional knowledge that he later used to transform Vietnam's banking landscape.

  • Core Company: Vietnam Prosperity Joint Stock Commercial Bank (VPBank).
  • Education: Doctorate in Economics from Moscow.
  • Origins: Part of a rare group of Vietnamese 'returnee' bankers who built their fortunes in post-Soviet states.

Career Journey of Ngo Chi Dung

Ngo Chi Dung's career is defined by his successful stewardship and total modernization of VPBank. After serving as a member of the Board of VIB and as deputy chair of Techcombank, he assumed the role of President of VPBank.

His structural achievement is tied to transforming VPBank from a small regional lender into one of Vietnam's largest private banks by charter capital and profitability. In October 2023, he orchestrated a landmark deal, completing a 15% equity stake sale to Sumitomo Mitsui Banking Corporation (SMBC), which significantly boosted the bank's financial strength and global standing.

  • Role: Chairman of the Board of Directors of VPBank.
  • Success Milestone: VPBank reported a profit of over $192 million in the first quarter of 2024 alone.

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Ngo Chi Dung's Timeline

1996–2004:

Serves as a member of the Board of Directors at VIB.

2005–2010:

Chairs KBG Group in Russia and serves as deputy chair of Techcombank.

2010s:

Becomes Chairman of VPBank, initiating a massive brand and tech overhaul.

2023 (Oct):

Finalizes the 15% stake sale to Japan’s SMBC.

Major Business Ventures and Investments

Ngo Chi Dung’s wealth is rooted in his leadership and ownership of the Vietnamese financial giant VPBank.

  • VPBank: A leading private bank in Vietnam known for its digital innovation and consumer finance.
  • FE Credit: A major consumer finance subsidiary of VPBank.
  • KBG Group: He previously chaired this industrial group in Russia.
  • Sector Focus: Banking, Consumer Finance, and Strategic Financial Partnerships.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • 1. He is known for a culture of 'continuous learning' and has made digital literacy a mandatory requirement for his bank's 4,000+ employees.
  • 2. He is part of an elite group of Vietnamese billionaires who credits their success to the rigorous academic training they received in Russia.
  • 3. Under his leadership, VPBank was one of the first in Vietnam to adopt a completely modern brand identity system.
  • 4. He maintains a primary business base in Hanoi, the capital city and political center of Vietnam.

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Sources & References

This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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