Board of Directors - Funds
The business of the Vietnam Equity Holding and Vietnam Property Holding (the "Companies") will be managed under the direction of the Companies' Board of Directors. The Directors are responsible for establishing the Companies' investment objectives, policies and restrictions. Board meetings will generally be held at least once each quarter. The Board will monitor the Companies' performance and provide such instructions to the Investment Manager as it considers appropriate.
The Board makes decisions based on a simple majority vote taken at any meeting for which there is a quorum. In case of an equality of votes, the Chairman has a second or casting vote.
Details of the current Directors are set out below:
- Mr. Lee G. Lam
Chairman of Vietnam Equity Holding and Vietnam Property Holding
Independent Director
Dr. Lee G. Lam is an experienced CEO, company director and investment banker and has over 26 years of international corporate management, governance and finance experience in the telecommunications, media and technology, consumer/retail, property and financial services sectors in the Asia Pacific region. Dr. Lam holds a Bachelor of Science in Mathematics and Sciences, a Master of Science in Systems Science, and a Master of Business Administration, all from the University of Ottawa in Canada, a Post-graduate Diploma in Public Administration from Carleton University in Canada, a Post-graduate Diploma in English and Hong Kong Law and a Bachelor of Law (Hons) from Manchester Metropolitan University in the U.K., a Master of Law from the University of Wolverhampton in the UK., a PCLL in law (and has completed the Bar Course) from the City University of Hong Kong, and a Doctor of Philosophy from the University of Hong Kong. He is Vice Chairman of Macquarie Capital, Hong Kong and Chairman of Monte Jade Science and Technology Association of Hong Kong, and serves as an independent or non-executive director of several publicly-listed companies and investment funds in the Asia Pacific region. Having served as a Part-time Member of the Central Policy Unit of the Government of the Hong Kong Special Administrative Region for two terms, Dr. Lam is a Member of the Jilin Province Committee of the Chinese People’s Political Consultative Committee (CPPCC), a Member of the Hong Kong Institute of Bankers, a Board Member of the East-West Center Foundation, a Member of the Young Presidents’ Organization, a Fellow of the Hong Kong Institute of Directors and a Member of its Corporate Governance Committee, a Member of the General Committee and the Corporate Governance Committee of the Chamber of Hong Kong Listed Companies, a founding Director and the Hononary Treasurer of the Hong Kong-Vietnam Chamber of Commerce, a Senior Hononary Research Fellow at the Hong Kong Baptist University School of Business, an Adjunct Professor in the Department of Management at the Chinese University of Hong Kong, and a vsiting Professor at the School of Economics & Management of Tsinghua University in Beijing. He is fluent in English, Cantonese, Chiu Chow, Mandarin, and Vietnamese.
- Mr. Howard Golden
Director of Vietnam Equity Holding and Vietnam Property Holding
Howard I. Golden, Esq. a U.S. Citizen, is the Chairman of the Board of Worldwide Opportunity Fund (Cayman) Ltd. (“WWOF”) a multi class international investment fund and the President of Terra Partners, Ltd an investment management company he founded in 1989. Terra manages money for institutional and qualified investors in a number of countries. He has been investing in stock markets since 1977 and has specialized in global investing since 1991. Mr. Golden has a B.A. in Economics, an M.B.A. in International Marketing and a Juris Doctorate, all from the University of Wisconsin, Madison. Mr. Golden began practicing law in 1972, and has been actively investing in stock markets since 1977. Mr. Golden has lectured on closed-end funds in London and Prague and at various business schools, including Harvard and University of Chicago. He has been quoted as an expert in Transition Capital Markets and corporate governance in The Economist, The Financial Times, The New York Times, The International Herald Tribune, Newsweek, Prague Business Journal and Business Central Europe, among other publications. He was asked to participate in a project created by Columbia University and Nobel Prize winner Joseph Stiglitz to provide a textbook guiding journalists reporting on emerging markets. His article on corporate governance, translated into five languages, can be accessed at http://www-1.gsb.columbia.edu/ipd/j_contrib.html. Mr. Golden also currently serves as the Chairman of the Board of Directors of The Romanian Investment Fund, AGNI Systems Ltd., a Bangladesh ISP listed on the Dhaka Stock Exchange, and Reconstruction Capital II, an AIMS listed investment fund concentrating on Romania and Bulgaria. He also serves on the Boards of Vietnam Equity Holding and Vietnam Property Holding, two closed end funds trading on the Frankfurt Stock Exchange. He was previously Chairman of the Board of The Kazakhstan Investment Fund and the Romanian Growth Fund, both Cayman Island domiciled investment funds listed on the Dublin Stock Exchange and served on the Board of Directors of Framlington Bulgarian Fund until the fund’s voluntary dissolution. His tenure on these boards was a result of his activist policy, which involves close and direct supervision of large investments.
- Mr. Louis Nguyen
Director of Vietnam Equity Holding and Vietnam Property Holding
Louis Nguyen has over 20 years of experience in investment management and mergers and acquisitions. Mr. Nguyen has been investing in Vietnam since 2003 and currently the Chairman and CEO of Saigon Asset Management (SAM). Prior to founding SAM, Mr. Nguyen was Managing Director at VinaCapital, an investment management firm in Vietnam with approximately $2 billion under management. He was also Founding General Partner of IDG Ventures Vietnam, a $100 million venture capital fund. Prior to 2003, Mr. Nguyen was actively working in the U.S. as Vice President at Intelligent Capital, a mergers and acquisitions firm based in San Francisco, California. Prior to that, he was Partner at Osprey Ventures, a $100 million venture capital fund based in Menlo Park, California. Mr. Nguyen has extensive operating experience as a Controller at NEC Computer Systems Division in Sacramento, California, where he was responsible for the division’s post merger integration with Packard Bell, a $5 billion transaction. Prior to NEC, he was a financial manager at Apple Computer in Cupertino, California, where he participated in restructuring analysis, cost controls, and total quality management (TQM) at the Fremont Manufacturing facilities, the most automated computer factory in the world at the time. Prior to that, Mr. Nguyen was with KPMG in Silicon Valley, California, where he specialized in audit and M&A advisory work. He is the founder of Asia-Silicon Valley Connection, a networking organization with over 3,000 members consisting of technology entrepreneurs, senior executives, and venture investors. Mr. Nguyen is currently Chairman of the WTO Committee, American Chamber of Commerce in Ho Chi Minh City. He is also the Chairman of Saigon Asset Management Foundation, a U.S. nonprofit organization which provides assistance to the underprivileged in Vietnam. Mr. Nguyen received a Bachelor of Science in Accounting from San Jose State University, California. He is fluent in English and Vietnamese.





