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Kasikornbank chief quits, tipped for finance minister in Cabinet reshuffle

Kasikornbank president Preedee Daochai on Friday (July 24) tendered his resignation, the bank reported to the Stock Exchange of Thailand (SET).

Preedee was a co-president of Kasikornbank, as well as the chairman of the Thai Bankers' Association. He started working at the bank in 1982 and became president in 2013.
A news source from the SET speculated that Preedee had resigned to take up the post of finance minister in the upcoming Cabinet reshuffle, after current minister Uttama Savanayana was ousted as leader of the ruling Palang Pracharat Party in June following which he quit the party and the Cabinet.

Published : July 25, 2020