BBL chairman Kosit dies at 73

BBL chairman Kosit dies at 73

A file photo shows Kosit Panpiemras, chairman of Bangkok Bank, delivering a speech at the Thailand's Economic Outlook 2014 forum at Rama Garden Hotel in Bangkok on Jan 31 2014.
A file photo shows Kosit Panpiemras, chairman of Bangkok Bank, delivering a speech at the Thailand's Economic Outlook 2014 forum at Rama Garden Hotel in Bangkok on Jan 31 2014.

Kosit Panpiemras, chairman of the Bangkok Bank board of executive directors and a cabinet minister in several governments, died of cancer at King Chulalongkorn Memorial Hospital on Wednesday. He was 73.

Kosit had been admitted to the hospital for cancer treatment. He died peacefully on Wednesday, June 1. The bathing and funeral rites will be held at Wat Thep Sirin in Bangkok.

After completing his education at Saint Gabriel’s College, Kosit studied at Chulalongkorn University, where he graduated in public finance from the faculty of political science in 1963. He earned an arts master’s degree in economics from the University of Maryland in the United States in 1965. He later took a course at the National Defence College in 1988.

Kosit was a well-known figure who received public recognition for his work with regard to national and regional economic development. 

He began as an economist at the World Bank, Washington DC, before entering government service. He rose to the post of deputy secretary-general of the Office of the National Economic and Social Development Board.

He later entered politics, serving as the prime minister’s secretary-general during the tenure of Gen Suchinda Kraprayoon in 1992. He was appointed deputy agriculture minister during the administration of Anand Panyarachun and later took over the agriculture minister's post in the same government. He held key cabinet posts in several governments.

He first joined Bangkok Bank as an executive director and was appointed chairman of the board of executive directors in 1999. 


Do you like the content of this article?
COMMENT

Tesla value hits $100 bn, triggering payout plan for Musk

NEW YORK - Tesla's market value hit $100 billion for the first time Wednesday, triggering a payout plan that could be worth billions for Elon Musk, founder and chief of the electric carmaker.

22:46

Trump relaunches trade battle with Europe

DAVOS: US President Donald Trump relaunched a major trade offensive against Europe on Wednesday, threatening to hit the EU with damaging auto tariffs if Europeans failed to agree a long-delayed trade deal.

19:36

Police swoop on pyramid scam suspect

Authorities have raided a Ratchaburi house belonging to a key recruiter for the Mae Manee Ponzi scheme network.

18:54