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About us

   Learn about iCare Benefits

Timeline

Since 2012, iCare Benefits has been the pathway to a better life for employees across Vietnam. We began our expansion into other parts of the Asian region in 2015 and aim to continue growing internationally to support more workers globally.

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Leadership

Dang Phuoc Dua - Chairman of the Board

Mr. Dang Phuoc Dua is the Chairman of the Board of Ngoc Tam Hospital, a member of the Board of Directors of the DongA Banka, and Chairman of the Board of the Technical Materials and Resources Import-Export Joint Stock Company (REXCO). For over 30 years he has been active in the fields of science and technology.

DUNG Tan Trung - Vice Chairman of the Board and Chief Executive Officer

Dung Tan Trung was the Founder and Chief Technology Officer (CTO) of OnDisplay, an e-commerce software development company which was acquired for $1.8 billion in 2000. He attended graduate school for Computer Science at Boston University and holds an undergraduate degree in Computer Science and Mathematics from the University of Massachusetts. He is the Founder and Vice Chairman of the Board of Directors of the Viet Phu Payment Services Corporation (“Mobivi”).

Talgat Turumbayev (Kusto Tiger Fund Pte Ltd.) - Member of the Board

Talgat Turumbayev is the Chairman for Kusto Tiger Fund Pte Ltd in Vietnam, a venture capital fund founded in 2010 that invests in start-ups specializing in payment technology applications. He has led M&A activities totaling more than US $500 million. Mr. Turumbayev has consulted in developing markets for firms including PriceWaterHouseCoopers, Deloitte & Touche. Eurasia FM Consulting Limited, BTA Bank, and Temir Bank.

Bolat Duisenov (Kusto Tiger Fund Pte Ltd.) - Member of the Board

Bolat Duisenov is the Managing Director of the Kusto Tiger Fund Pte Ltd and a founding member of the Tiger Fund and Capital Fund Atrix, specializing in the field of financial investments. He has managed investments in Vietnam exceeding one billion US dollars. Previously Mr. Duisenov worked in the Caspian Bank in Kazakhstan. He brings extensive business experience in the fields of finance, banking, law, mining, and real estate development.

Jeff Price (Experian Asia Pacific) - Member of the Board

Jeff Price is the Managing Director of the Strategic Analysis division of Experian Asia Pacific based in Singapore. He formally was the Senior Vice President of the Product Management and Marketing division of Experian in North America. Previously Mr. Price was a Senior Vice President of Risk Management at HSBC. He brings over 25 years’ experience in credit services, risk management, and strategic planning. He holds a Masters of Business Administration from the University of Illinois and a Bachelor of Arts in Finance from the University of Central Missouri.

Yoichi Namiki (Sumitomo Mitsui Banking Corporation) - Member of the Board

Yoichi Namiki is the General Manager of the IT and Business Administration Planning Division of the Sumitomo Mitsui Banking Corporation Bank responsible for overseeing strategic business transactions. He previously worked in the International Banking Unit and brings over 25 years’ experience in strategic planning, IT governance, business administration, and alternative bank policy development leveraging technology. Mr. Namiki graduated in 1985 with a Bachelor’s Degree in Economics from the University of Osaka City.

Douglas Clayton - INDEPENDENT MEMBER OF THE BOARD

Douglas Clayton is the founder and CEO of Leopard Capital, a private equity fund manager specializing in frontier market investments. Previously, he led institutional equities teams for CLSA and Indosuez WI Carr, and he founded Abacus Equity Partners. Mr. Clayton is a Trustee of the Center for Khmer Studies and formerly served as Technical Advisor to the Director-General of Cambodia’s Securities & Exchange Commission. He holds an MM from Thailand’s Chulalongkorn University and a BA in History from Cornell University.

Investors and Strategic Partners

iCare is backed by international investors, including:

Sumitomo Mitsui Banking Corporation - Japan's second largest bank, with over 1 trillion USD in assets worldwide

Experian (LON:EXPN) - the world's leading provider of personal credit bureaus and data analytics, with annual revenues of 4.8 billion British Pounds in 2014.

Unitus Impact – San Francisco based social impact venture capital group with 15 years of experience in South and Southeast Asia

Kusto Tiger Fund Kazakh wealth management group investing over 200 million USD in Vietnam since 2006

Strategic Partners

iCare has a strategic partnership with a leading commercial bank:

Techcombank - offers a range of financial products and services to 3.3 million individual customers and over 45,000 corporate clients. HSBC is a strategic shareholder

 

 

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