Board & Management
Vietnamese and foreign professionals cover all significant asset classes (public and private equity, fixed income, property and clean development); with extensive skill sets (portfolio managers, economists, analysts, originators, traders, lawyers and client managers).
At Dragon Capital, everything we do is done through teamwork. Every team member is encouraged to contribute ideas, and there are no hierarchical boundaries or ceilings. This open and sharing culture sets us apart in the investment world, and enhances our business edge.
By encouraging a sense of ownership, we empower staff and create greater job satisfaction. A vibrant teams spirit means we attract exceptional people who stay with us for the long term. In an industry with high staff turnover, Dragon Capital has retained all its leading people.
Founder and Executive Chairman Dominic Scriven, OBE
Dominic graduated from Exeter University in 1985 with a degree in Law and Sociology. Shortly thereafter, he went to Hong Kong, where he worked in fund management and broking with M&G, Sun Hung Kai, Citicorp and Peregrine. In 1991 he moved to Hanoi and studied Vietnamese for two years before co-founding Dragon Capital in 1994. Dominic was awarded an OBE in 2006 for his contribution to relations between the UK and Vietnam. For his work in developing the country’s capital markets, the HCMC People’s Committee gave him a Recognition Award in 2008, and the President of Vietnam bestowed a Labor Order, Third Class on him in 2014. His interests and passions range from Vietnamese art – to biodiversity and eliminating the illegal trade in wildlife.
Executive Director and CEO Emeritus Le Anh Minh
Minh, a Fulbright Scholar, graduated from Vietnam’s Banking University in 1991. He then joined Peregrine, where he completed Vietnam’s first M&A deal with the take-over of Dai Nam Bank. He helped restructure the bank and ran its business development and credit activities. In 1996-98, Minh attended Wharton Business School, earning an MBA and then returning to Vietnam as Coca-Cola’s regional Financial Services Manager. Minh joined Dragon in 2002 and served as CFO until 2015, when he became CEO. He stepped back from this position in Dec 2017 to pursue a doctoral degree in business. Minh sits on the Board of Ho Chi Minh Securities.
Executive Director and Deputy CEO Alex Pasikowski
Alex joined Morgan Stanley as an analyst in 1984, working first at its London and New York offices, then later in Japan and Hong Kong, where he was responsible for proprietary trading books in Australia, Pacific and South East Asia. In 1991, he joined Swiss Bank Corp Hong Kong and helped establish its Thailand operation. In 1993, he became senior vice president of Lehman Brothers Hong Kong, responsible for all Asian cash trading ex-Japan. In 1996, Alex joined Deutsche Securities Hong Kong, moving to its Bangkok office to oversee equity capital markets. He joined Dragon Capital in 2001.
Non-Executive Director Tran Thanh Tan
Tan was granted a Master’s Degree in Management from the Université Libre de Bruxelles (“ULB”, Belgium). He has more than 15 years’ experience in building and expanding Vietnam’s securities markets. He started at Peregrine Capital Vietnam, then became a co-founder of Dragon Capital Group in 1994. He has provided consultation on the equitization process for over 20 state-owned enterprises, many of which are now listed on Vietnam’s stock exchanges. In 2003, as a representative of Dragon Capital, he established VietFund Management (“VFM”) and has been the CEO ever since. Since the commencement of Dragon Capital’s engagement in VFM, he has overseen the development of VFM as the most successful fund management company in Vietnam. At present, he is a member of the VFM Board of Directors and Chairman of the Vietnamese Fund Management Club.
Non-Executive Director Raphael Gaglio
Raphael is the co-founder and Managing Partner of Caldera Pacific, an independent private equity firm based in Hong Kong and Korea. Prior to Caldera Pacific, Raphael was a Managing Partner at Silverhorn Group which he co-founded in 2010. Before starting up Silverhorn, Raphael was responsible for business development at Apollo Global Management Asia, formerly Holdfast Capital, a Hong Kong based private equity firm which was sold to Apollo Global Management at the beginning of 2010. Prior to joining Holdfast Capital in February 2009, Raphael was a Vice President in the Equity Capital Markets group in Credit Suisse’s Investment Banking Division in Hong Kong, where he was involved in the origination and execution of equity and equity-linked transactions for issuers in non-Japan Asia. Raphael started his career with Credit Suisse in 1996 where he held positions in various lines of business including equity derivatives, investment consulting and wealth management.
Independent Non-Executive Director Nicholas Roberts
With over 25 years of investment experience, Nick was appointed an INED of DCG in February 2016. He started his fund management career managing UK equity portfolios within the institutional team at Mercury Asset Management (MAM), becoming a Managing Director of Merrill Lynch Investment Managers (MLIM) following the acquisition of MAM. Nick later joined the Global Thematic Equity team at Sarasin & Partners in 2008, becoming a partner of the firm and heading its international institutional business. Now at Troy Asset Management, Nick is responsible for developing Troy’s institutional business both in the UK and internationally. Nick has a BA from Exeter University and gained his Masters in Environmental Technology at Imperial College, London. Nick holds the ASIP qualification and is an Associate Member of the CFA Society of the UK.
Non-Executive Director Bum Koo Kim
Bumkoo Kim is a head of Strategic Planning & Global business strategy for Samsung Securities, a leading securities company in Korea, since 2018. Prior to this, he was a head of Client Strategy & Marketing Unit since 2013. Since he joined Samsung Securities in 2002, he served various positions including strategic planning, financial control, marketing, new business development, etc. Prior to joining Samsung Securities, he spent 6 years as a research fellow for Hyundai Research Institute where he started his career. He received a M.A in Economics from Seoul National University in 1996 and a B.A in Economics from Seoul National University in 1991.
Independent Non-Executive Director Farida Khambata
Farida is Co-Founder, Partner and Global Strategist at Cartica Management, LLC. Prior to founding Cartica Management, she served as the Vice President of Asia, Latin America and the Caribbean, and the Middle East & North Africa at the IFC, where she headed operations in East Asia and the Pacific, South Asia, Latin America and the Caribbean, and the Middle East and North Africa. Farida was nominated to the DCG Board by the IFC, and remained on the Board until 16 October 2015, when she resigned following the IFC’s sale of its shares in the company. She also served on the VEIL Board between 18 April 2012 and 26 January 2016, resigning following the merger of VEIL with VGF. Farida was re-elected to DCG’s Board on 4 Febuary 2016.
CEO Beat Schuerch
Beat received a Master’s Degree in Economics from the University of St. Gallen, Switzerland, in 1992, and he has been in Southeast Asia ever since. He worked with Swiss manufacturing and trading firms throughout the region for 10 years. He moved from marketing and project responsibilities to management assignments and operated in fields as diverse as energy, health care, chemicals, consumer products, and machine components. In 2002, Beat moved to Thailand as head of the business consulting division of Synovate. In 2006, he was hired by Indochina Capital Group in Vietnam as CFO, and was later promoted to be CEO of the firm’s Equity Division. In 2010 he moved to Dragon Capital as COO and was appointed CEO in Dec 2017.
CFO Phan Thi Tuy Van
Van received a BA in Finance from the University of Finance and Accounting in Ho Chi Minh City in 1993. She became a member of the Association of Certified Chartered Accountants in 2010 and a Certified Public Accountant in Australia in 2012. She started her career as an auditor in the Tax Department of Ho Chi Minh City. After that, she spent 12 years working with British American Tobacco in various positions, including financial accounting manager, management accounting manager, and marketing finance manager. Her last position with BAT was as Head of Strategic Planning. In 2007, she joined Dragon Capital as Financial Controller and was promoted to CFO in 2016. Van has also been a member of VFM’s Board of Supervisors since 2009.
Head of Principal Investments Duong Do Quyen
Quyen graduated from the University of New South Wales in 2003 with a Master’s Degree in commerce, and joined Mekong Capital, a Vietnam-focused PE firm, in the same year. She initially worked as a deal partner, and then in 2006 was put in charge of due diligence and execution. In 2007, she led the fund raising of the $100m Vietnam Azalea Fund. She managed the Fund, and served on its Board of Directors and its Investment Committee. Quyen left Mekong Capital in 2008 to become the Vietnam Consultant at Lombard Investments, a PE firm operating in Southeast Asia. In 2010 she joined Dragon Capital as Head of Private Equity and was promoted to lead the Principal Investments department of Dragon Capital in 2017.
Chief Legal Counsel Tom Vaizey
Tom graduated from Worcester College, Oxford University, in 1986. He then worked as a barrister in London after becoming professionally qualified. In 1991, Tom relocated to Asia, beginning a 27-year stint in the region, first with Baker & McKenzie in Hong Kong, then with Johnson Stokes Master (now Mayer Brown JSM). Tom worked as Legal Counsel for Standard Chartered Bank in Mumbai in 1997, afterwards rejoining JSM in their Vietnam and Thailand offices during 1998-2001. Tom returned to JSM Hong Kong to become a partner in the Commercial Department. In 2007 he was hired by Dragon Capital as Senior Legal Counsel. Tom is a member of the Law Societies of England and Wales and Hong Kong.
CIO Bill Stoops
Bill graduated from Brown University in 1978 with a degree in history. In 1980, he moved to Hong Kong and worked as a journalist and political risk consultant before joining Schroder Securities in 1983 as an analyst on conglomerates. In 1985 Bill joined Citicorp in Seoul, opening Korea’s first brokerage rep office. In 1989, he joined Baring Securities in London to run its North Asian equity sales team, moving to New York in 1993 to establish a ‘New Emerging Markets’ sales desk. He then worked for Deutsche Bank and later HSBC, specializing in ‘Emerging Europe.’ In 2006, Bill joined Dragon Capital with responsibility for research and public markets. He was appointed CIO in 2009.
CMO Nick Ainsworth
Nick graduated from Cambridge University in 1983. In 1986, while employed at New Japan Securities Europe, he received an MBA from City University. He then joined Morgan Stanley and moved to Tokyo, where he specialized in Japanese equity and derivative sales. In 1994, he moved to Morgan Stanley’s Hong Kong office and was promoted to senior roles in regional sales and sales management, with a hedge -fund focus. In 2008, he was recruited by Macquarie Securities HK as Head of Regional Cash Sales. Then in 2012 he re-located to the independent research firm IND-X to market its products. He joined Dragon Capital in June 2016.
Deputy CIO, VEIL Portfolio Manager Vu Huu Dien
Dien has a master’s degree in Business and Information System co-granted by the Solvay Business School of ULB (Bruxelles, Belgium) and the Ho Chi Minh City Open University. In 2000, he joined Dragon Capital as a senior analyst and later was promoted to Head of Corporate Finance and then Co-Manager of Vietnam Enterprise Investments Limited (VEIL), Vietnam Growth Fund Limited (VGF) and Vietnam Dragon Fund Limited (VDF). Since 2010, he is the Portfolio Manager of VEIL and in 2015, VGF was merged into VEIL, making VEIL the largest Vietnam-focused investment fund. He is also a Deputy CIO, leading Dragon Capital’s deal origination group and helping the CIO overseeing the investment team.
Deputy CIO, Head of RESEARCH Dr. Le Anh Tuan
Tuan received an MBA from Willamette University in 2003 with highest distinction, and then spent a year at Merrill Lynch in private wealth management. In 2004 he joined the doctorate program at Pennsylvania State University, and was awarded a PhD in Economics in 2008. Soon afterwards he was recruited by Dragon Capital as Chief Economist, and in 2010 was appointed Head of Research. Tuan has led numerous technical assistance projects for the firm with Vietnam’s State Bank, State Treasury and Ministry of Finance. He serves on the Investment Committees of the equity and fixed-income funds managed by Dragon Capital. He became Deputy CIO in 2016 and was appointed Co-Portfolio Manager of the IPO/Placing Platform in 2017.
Chief Risk Officer Gavin Patterson
Gavin graduated with a Bachelor of Commerce degree from Mount Allison University in New Brunswick, Canada in 1997, with a double major in Accounting and Management Information Systems. After completing a certification in computer programming in 1998, he joined MD Management, an asset management company for Canadian medical doctors with approximately $30bn under management. Holding many positions within the firm, Gavin worked closely with the accounting and treasury departments before moving to the Investment Management Group to specialize in portfolio analysis and investment performance. As an analyst within the group, he monitored the firm’s investment mandates, including the company’s pension plan and 20+ multi-managed funds. Gavin joined Dragon Capital in 2007, where he has managed many projects and built up the firm’s risk and analytics capabilities. He holds a Master of Science degree in Portfolio Risk and Investment Management through the EDHEC Risk Institute and is DC’s Chief Risk Officer.
COO, Fund Operations Nguyen Minh Dang Khanh
Khanh graduated from Ho Chi Minh City University of Finance and Accounting in 1993. Then he qualified his Bachelor of Law at Ho Chi Minh City University of Law in 2002. Finally, he achieved his Master of Science in Finance and Economics at West Texas A&M, USA in 2010.
He has 10 years working in audit firms and 3 years working as Head of Finance for manufacturing companies before joining VFM as Finance Director in 2006. He has been appointed Deputy CEO cum CFO in 2011. In addition, he has also been in charge of VFM’s back office since 2011.