VinFast names founder's eldest son as its global chief executive

HANOI, Sept 12 (Reuters) - Vietnamese electric vehicle maker VinFast on Saturday named Chairman Pham Nhat Quan Anh, the eldest son of founder Pham Nhat Vuong, as its global chief executive as the loss-making firm plans a restructuring and overseas expansion.

Anh, 33, who was appointed global chairman in May, will also serve as chairman and chief executive officer of VinFast Vietnam. The EV maker is planning to restructure into a more asset-light company as it seeks growth in key markets such as Southeast Asia and India.

"Pham Nhat Quan Anh will hold ultimate and comprehensive responsibility for all of VinFast's operations as the company enters a new phase of growth," the company said in a statement.

Anh will succeed his father, founder Pham Nhat Vuong, as chief executive. Vuong will continue to serve on VinFast's board.

Anh will be VinFast's fifth chief executive. Previous CEOs include former General Motors executive James DeLuca, ex-Opel chief Michael Lohscheller, and Le Thi Thu Thuy, who led the company through its Nasdaq listing.