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business

KBank to overhaul management


Kasikornbank (KBank) is overhauling its management following the recent resignation of its president Predee Daochai to become Finance Minister.

The change is in line with the bank's strategy to steer operations in the “new normal” era, said chief executive officer Kattiya Indaravijaya.

The new management will have to focus more on combating new threats such as cybercrime, as well as existing credit and market risks, she added.

The bank remains committed to expanding into the Asean+3 market and also meeting the growing demand for digital banking services. However, Kbank has yet to revise its business targets this year and has continued to follow its existing strategies, she said.

Published : August 25, 2020

By : The Nation