Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Myanmar military chief Min Aung Hlaing steps down, eyes presidency
    Headlines

    Myanmar Military Chief Min Aung Hlaing Steps Down, Eyes Presidency

    Published by Global Banking & Finance Review®

    Posted on March 30, 2026

    4 min read

    Last updated: March 30, 2026

    Add as preferred source on Google
    Myanmar military chief Min Aung Hlaing steps down, eyes presidency - Headlines news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarketsPoliticsAsia

    Quick Summary

    Myanmar’s longtime military chief, Min Aung Hlaing, has relinquished his role as commander‑in‑chief to launch a bid for the presidency via nomination as a vice‑presidential candidate. His loyalist, General Ye Win Oo, has succeeded him in military command.

    Table of Contents

    • Min Aung Hlaing's Resignation and Presidential Ambitions
    • Military Leadership Transition
    • Trusted Loyalist Takes Command
    • Profile of Ye Win Oo
    • Min Aung Hlaing's Presidential Aspirations
    • Long-Standing Goal

    Myanmar Military Chief Min Aung Hlaing Steps Down and Seeks Presidency

    Min Aung Hlaing's Resignation and Presidential Ambitions

    March 30 (Reuters) - Min Aung Hlaing, Myanmar's military chief who led a coup in 2021, stepped down on Monday to stand as president in a parliamentary vote following the first polls in the Southeast Asian nation since the takeover that triggered a civil war.

    The 69-year-old general, who had commanded Myanmar's armed forces since 2011, was one of two people named as vice-presidential candidates by lawmakers from the country's newly convened lower house of parliament.

    The country's upper house will also nominate a vice-presidential candidate, with both houses to select a president from the three in a later vote. A date for that vote has not been announced.

    "Senior General Min Aung Hlaing is proposed as a vice-presidential candidate," Kyaw Kyaw Htay, a lawmaker from a military-aligned party, said on the floor of the lower house of parliament, according to a live broadcast of proceedings on state media.

    The move follows a controversial election held amid raging conflict in December and January, won by the military-backed Union Solidarity and Development Party but widely derided as a sham by the United Nations and many Western countries.

    Military Leadership Transition

    Trusted Loyalist Takes Command

    TRUSTED LOYALIST

    Myanmar has been gripped by violence since the 2021 coup in which the military, also known as the Tatmadaw, unseated the democratically elected government of Nobel Peace Prize winner Aung San Suu Kyi.

    At a separate ceremony in the capital Naypyitaw, Min Aung Hlaing handed over the position of commander-in-chief of the armed forces to Ye Win Oo, a veteran officer.

    "I will continue to serve the interests of the people, the military, and the national interests of the country," he said in a speech broadcast by military-owned media.

    Profile of Ye Win Oo

    Ye Win Oo was appointed Myanmar's intelligence chief in 2020, and was promoted to commander-in-chief of the army earlier this month.

    "The fact that he received two major promotions within two months clearly demonstrates that he is one of Min Aung Hlaing's most trusted loyalists," said Aung Kyaw Soe, an independent analyst.

    A graduate of the Officer Training School - rather than the elite Defence Services Academy that has long been a crucible for the officer corps - Ye Win Oo previously led an infantry division and the Southwestern Command in the Ayeyarwady delta in the country's south.

    "Since the coup, he has retained the rank of general and held one of the most sensitive portfolios at the apex of the military administration," the Institute for Strategy and Policy – Myanmar, a think tank based in Thailand, wrote in a March analysis.

    "Even so, General Ye Win Oo appears to lack the breadth of leadership experience that spans both battlefield command and institutional administration."

    Min Aung Hlaing's Presidential Aspirations

    Long-Standing Goal

    LONG-STANDING GOAL

    Born to a family from Myanmar's south, Min Aung Hlaing studied law before entering the military and rising steadily through the ranks, culminating in his promotion to military chief on this day 15 years ago.

    A rigid military leader and considered a ruthless operator, Min Aung Hlaing has relied on a finely tuned ability to manage the country's elites, using tactics that include handing important positions to loyalists and punishing political rivals.

    He long had his eyes on becoming the country's president, even though Myanmar's raging civil war has dented the military's prestige and hold over the country, Reuters has reported.

    "This has been Min Aung Hlaing's goal all along," said independent analyst Htin Kyaw Aye.

    "It's just a shift from ruling as a military leader to ruling as president."

    (Reporting by Reuters staff; Writing by Devjyot Ghoshal; Editing by John Mair, David Stanway and Kate Mayberry)

    Key Takeaways

    • •Min Aung Hlaing stepped down on March 30, 2026, as military commander to run for the presidency via parliament’s vice‑presidential slot, in line with Myanmar’s election held in late December 2025–January 2026, widely criticized as a sham (en.wikipedia.org).
    • •General Ye Win Oo, a longtime aide, was promoted to commander‑in‑chief of the Defence Services, reflecting his trusted status and positioning him as a likely successor in military leadership (en.wikipedia.org).
    • •The December–January general election gave the military-backed Union Solidarity and Development Party near-total control of parliament, but was widely denounced by the UN, ASEAN, and Western governments as illegitimate amid civil war (theguardian.com).

    References

    • Ye Win Oo
    • Junta-backed party secures sweeping victory in Myanmar’s ‘sham’ election | Myanmar | The Guardian

    Frequently Asked Questions about Myanmar military chief Min Aung Hlaing steps down, eyes presidency

    1Why did Min Aung Hlaing step down as Myanmar's military chief?

    Min Aung Hlaing stepped down to become a vice-presidential candidate and pursue the presidency in Myanmar's parliamentary vote.

    2Who is the new commander-in-chief of Myanmar's armed forces?

    Ye Win Oo, a veteran officer previously serving as intelligence chief, has been appointed as the new commander-in-chief.

    3How is the president of Myanmar chosen following the coup?

    The president is chosen by a vote in parliament, with both houses nominating vice-presidential candidates and selecting the president in a subsequent vote.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostRussia Expels British Diplomat Over Espionage, Fsb Says
    Next Headlines PostFugitive Accused of Killing Two Australian Police Officers Shot Dead
    More from Headlines

    Explore more articles in the Headlines category

    Image for Russia expels British diplomat over espionage, FSB says
    Russia Expels British Diplomat Over Espionage, Fsb Says
    Image for Fugitive accused of killing two Australian police officers shot dead
    Fugitive Accused of Killing Two Australian Police Officers Shot Dead
    Image for Ukrainian drones kill one, damage homes, industry in southern Russia's Taganrog
    Ukrainian Drones Kill One, Damage Homes, Industry in Southern Russia's Taganrog
    Image for Moldovan opposition parties question merit of state of emergency
    Moldovan Opposition Parties Question Merit of State of Emergency
    Image for Pakistan prepares to host peace talks as Iran accuses US of ground assault plans
    Pakistan Prepares to Host Peace Talks as Iran Accuses US of Ground Assault Plans
    Image for Israeli military finds no negligence in killing of farmer near Lebanon border
    Israeli Military Finds No Negligence in Killing of Farmer Near Lebanon Border
    Image for Three dead in Russian attack on Kramatorsk in eastern Ukraine, police say
    Three Dead in Russian Attack on Kramatorsk in Eastern Ukraine, Police Say
    Image for Humpback whale 'Timmy' struggles to escape shallow waters off Germany
    Humpback Whale 'Timmy' Struggles to Escape Shallow Waters Off Germany
    Image for Finland reports suspected territorial violation by drones
    Finland Reports Suspected Territorial Violation by Drones
    Image for 'JD or Marco?’: Iran war raises 2028 stakes as Trump weighs Vance vs. Rubio
    'jd or Marco?’: Iran War Raises 2028 Stakes as Trump Weighs Vance Vs. Rubio
    Image for Pope Leo says God rejects prayers of leaders who wage wars
    Pope Leo Says God Rejects Prayers of Leaders Who Wage Wars
    Image for Car hits multiple pedestrians in UK's Derby city centre, the Times reports
    Car Hits Multiple Pedestrians in UK's Derby City Centre, the Times Reports
    View All Headlines Posts