HD Securities elects Philipp Roesler as Vice Chairman

HD Securities (HDS) has announced the election of Philipp Roesler as Vice Chairman of the Board of Directors, effective October 23, 2026, for the remainder of the 2025–2030 term. Roesler, a German-Vietnamese national, previously served as Germany's Vice Chancellor and Minister of Health, as well as Minister of Economics and Technology between 2011 and 2013.

In addition to the leadership appointment, shareholders approved the company's plan for an initial public offering (IPO) scheduled for the fourth quarter of 2026. HDS intends to offer 121.79 million shares, representing 11.11% of its total outstanding shares, with a minimum selling price of 12,252 VND per share. The IPO aims to raise at least 1,492.1 billion VND to increase charter capital from 10,961 billion VND to 12,178 billion VND. Proceeds are expected to fund margin lending activities and paper investments.