THURSDAY, March 28, 2024
nationthailand

SET names Chaiyawat as chair of board of governors

SET names Chaiyawat as chair of board of governors

The Stock Exchange of Thailand (SET)’s board of governors resolved to appoint Chaiyawat Wibuilswasdi as chairman of the board from Tuesday onwards until his tenure is completed as SET governor.

SET’s executive vice president Rongrak Phanapavudhikul said the Securities and Exchange Act, which went into effect from April 17, requires the Securities and Exchange Commission (SEC) and SET’s broker members to appoint or elect new SET governors within 120 days from the effective date of the act or within August 14. 
In connection, at an extraordinary meeting of broker members on June 26, four governors were elected as SET’s governors and on August 1, another six governors were appointed by the SEC. All 10 governors have a three-year tenure with effect from August 5 onwards. 
Presently, SET’s board consists of 11 governors with Chaiyawat as chairman, Pattera Dilokrungthirapop as vice chairperson, while other governors are Kitipong Urapeepatanapong, Charamporn Jotikasthira, Thiti Tantikulanan, Norachet Sangruji, Paiboon Nalinthrangkurn, Voravan Tarapoom, Seree Nonthasoot and Sopawadee Lertmanaschai, including Pakorn Peetathawatchai who also serves as president.

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