Vietnam’s Techcombank eyes global talent and investors for Asean ambitions
The country’s leading private lender is positioning itself as a ‘startup at scale’ to woo overseas Vietnamese and foreign talent, while seeking strategic investors to navigate Warburg Pincus’ potential exit
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[HANOI] Techcombank – the second largest private bank in Vietnam – has been going on a hiring spree of late as it expands headcount for its technology, digital and data roles.
The bank, which has assets of over 927 trillion dong (S$48.9 billion), has tripled the number of data scientists, analysts, engineers and IT-related staff on the payroll to 1,600 – from 500 in 2020. The current total accounts for 15 per cent of the workforce, from just 5 per cent in 2020.
Techcombank’s chief executive officer Jens Lottner said that plans are on track to grow this share to 25 per cent of the workforce in the next five years.
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