No applications as yet to replace Apisak

KTB is recruiting for a successor to Apisak Tantivorawong, who will soon complete his term in office.
The application period runs from June 25 to July 20, but there have been no expressions of interest in the presidency so far, said Sathit.
Although there has been press speculation about a number of potential candidates, none of them is likely to assume such a top job, he added.
One body of opinion at KTB believes the new president should be someone from within the banking sector, while another group says an outsider should be appointed.
Sathit praised the incumbent president, saying Apisak had managed the bank very well as he had been able to strike the right balance between business management and risk management.
The chairman said many outstanding bankers were suitable candidates for the presidency. He mentioned Subhak Siwaraksa, who now serves as president and chief executive officer of CIMB Thai Bank, but said he was unlikely to be interested in KTB, which is a state-owned bank.
TMB Bank chief executive Boontuck Wungcharoen is also another ideal executive, who has translated TMB’s vision into practice very well, Sathit said.
Meanwhile, he indicated that KTB expected to do very well this year, as it had been able to lend to SET100 firms and other large and small businesses, which was generating substantial interest income.
The bank is also bringing in good fee income from investment-banking business and other services, he said.
KTB, which is the country’s second-largest bank by assets, reported a first-quarter rose profit rise of 16.2 per cent year on year to Bt6.38 billion.
The bank also plans to do business in Myanmar through a local bank once it receives a representative-office licence from the Myanmar government, and expects to do more business with local banks in other countries that share a border with Thailand, Sathit said. KTB also cooperates with Export-Import Bank of Thailand to support Thai interests investing in other Asean countries.