CIMB Thai welcomes new president
CIMB Thai Bank has obtained the Bank of Thailand's approval for the appointment of Kittiphun Anutarasoti as president and chief executive officer.
He will succeed Subhak Siwaraksa who has held the title for seven years. Subhak will remain as the advisor to the group chief executive of CIMB Group.
Kittiphun's new capacity will start on October 19. Before joining CIMB, he has served in various key business positions in Thailand with three global banks and two of the largest Thai banks.
"Khun Kittiphun’s appointment is both timely and strategic as CIMB re-positions its banking business in Thailand, one of our key markets in the region," said Zafrul Azix, group chief executive of CIMB Group. "His 24-year banking experience bodes well for CIMB Thai and I am confident that he will add great value to our franchise in Thailand and to the Group. The management team and I look forward to working closely with KhunKittiphun in spearheading our plans for the Thai market as part of our T18 Strategy.”
