Bamboo Airways chairman resigns from FLC board

Sam joined the FLC board in July last year when the company was going through major leadership changes.

He is also a creditor to the company, having loaned it VND620 billion (US$26.1 million).

In May FLC agreed to transfer its over 400 million shares in Bamboo Airways to him, and said it had completely separated from the airline.

Sam now owns more than 50% of Bamboo Airways.

He became its chairman in early July in place of Oshima Hideki, a Japanese national.

Sam has more than 30 years’ experience in running property, services, finance, and banking businesses.