CADIVI has a new Chairman of the Board of Directors.

Mr. Lê Bá Thọ was elected to the Board of Directors (BOD) of CADIVI at the company's annual Shareholders' Meeting (AGM) on May 3rd, 2024. 

At the first meeting of CADIVI's BOD held immediately afterward, Mr. Thọ was entrusted and elected as the Chairman of CADIVI's BOD for the remaining term of the 2022-2027 tenure.

Portrait of Mr. Lê Bá Thọ - Chairman of the Board of Directors of CADIVI.

Mr. Lê Bá Thọ, born in 1981, holds a Bachelor's degree in Accounting and Auditing, and a Master's degree in Business Administration. With nearly 20 years of experience in finance, business management, he has held various important managerial positions in many enterprises. Currently, Mr. Thọ serves as the Vice Chairman of the Board of Directors of GELEX Corporation (the parent company of GELEX Electric Company - owning over 96% of CADIVI's shares). He is also the Chairman of the Board of Directors of GELEX Infrastructure Corporation and a member of the Board of Directors of Viglacera Corporation.

Mr. Lê Bá Thọ succeeded Mr. Nguyễn Văn Tuấn as the Chairman of the Board of Directors of CADIVI. After more than 7 years of dedication, Mr. Tuấn submitted his resignation letter, which was approved by CADIVI's Board of Directors at the annual Shareholders' Meeting on May 3rd, 2024.

Also on this occasion, CADIVI welcomed its new CEO, Mr. Hồ Quang Nhân, who has been with the company for 12 years and previously served as the Deputy CEO.

After nearly 5 decades of development, CADIVI has established itself as the number one electric cable brand in Vietnam (according to surveys by the High-Quality Vietnamese Enterprises Association). In 2023, the company's consolidated revenue reached 10.084 trillion dong, achieving 83% of the plan; consolidated pre-tax profit reached 529 billion dong, reaching 118% of the plan.

Entering a new phase with many opportunities and challenges, CADIVI's upcoming leadership team is expected to continue inheriting and leveraging existing foundations, while innovating to create strong transformations.

Regarding development direction, at the company's annual Shareholders' Meeting in 2024, CADIVI's Board of Directors emphasized maintaining the Southern market, developing the Central market, especially the Northern market through capacity enhancement and continuing to build the distribution network. By focusing on R&D and leading green living trends, CADIVI has introduced many breakthrough products with superior features, safety, and environmental friendliness.

The annual Shareholders' Meeting also approved CADIVI's production and business plan for 2024, with a target consolidated revenue of 11.068 trillion dong and consolidated pre-tax profit of 460 billion dong.