
U Thein Tun, Chairman
The Tun Commercial Bank (Tun Foundation Bank) was set up by U Thein Tun in 1994. He is also the Group Chairman of MGS Group of Companies Ltd. Myanmar Golden Star Co Ltd (MGS), MGS Beverages Co Ltd, Pioneer Venture Ltd, MGS Food Co Ltd, Nan Htike Co Ltd, MGS Rice Traders Co Ltd, Myanmar Development International Co Ltd, Kawei Golden Star Co Ltd, Universal Consumers Goods Co Ltd, Youth Care and Development Fund Association, Myanmar Telecommunications Network Co Ltd, Myanmar Carlsberg Co Ltd and a Director of Golden Myanmar Airline. He is also the Chairman of the Myanmar Banks Association.
U Shwe Hla, Managing Director
He is Managing Director of Tun Commercial Bank. Prior to joining he was an Assistant Director of Foreign Exchange Management Department at the Central Bank of Myanmar. He has altogether 39 years Banking experience.
Daw Moe Marlar, Senior General Manager
She has been with the Bank since 1994 and prior to that was the Financial Controller at MGS Co Ltd.

The Tun Commercial Bank established in 1994 by U Thein Tun, the Chairman of the MGS Group of companies. From an initial branch in Yangon it has expanded across the country, including the main cities of Mandalay and Naypyitaw. The bank currently has 22 branches, with more branches opened in the coming months. The bank has been conservatively run and comfortably survived the domestic banking crash in 2003, when a number of local banks were shut down.
The bank is a normal private bank and run on strictly commercial terms. However, unusually for a bank, the shareholders have chosen to pay the majority of its profits to charity.
Tun Commercial Bank is currently undertaking a massive modernisation project. The Bank has recently completed 100% migration of all the branches to the latest international banking system (Oracle’s Flexcube system). The Bank also has rolled out the Internet & Mobile Banking applications from Oracle to its customers