Areepong moves in at Krungthai Bank

Areepong moves in at Krungthai Bank

Areepong Bhoocha-oom, secretary-general of the Office of the Public Sector Development Commission and a former finance permanent secretary, has been appointed chairman of state-owned Krungthai Bank's board of directors.

The board also appointed former PTT Plc chief executive Prasert Bunsumpun as chairman of the board of executive directors, replacing Payungsak Chartsutipol, who recently resigned to pave the way for the National Council for Peace and Order to shake up the board.

The appointments take effect today.

Mr Areepong, who was reshuffled from the Finance Ministry under the previous government, succeeded Voravidh Champeeratana, who also resigned.

Mr Voravidh, a former director of the Budget Bureau, is a close aide to the Pheu Thai Party and helped seek funding sources for the 2-trillion-baht infrastructure plans.  

Junta leader Gen Prayuth Chan-ocha has resigned from TMB Bank's board with immediate effect.

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