Announcement: Extension of recruitment of Governor of the Bank of Thailand

Announcement: Extension of recruitment of Governor of the Bank of Thailand

The Selection Committee for Governor of the Bank of Thailand announced on 25 June 2020 that the deadline for submitting the application form is extended to 10th July 2020.

The following qualifications are required from candidates:

1. General qualifications

He or she must have Thai nationality, aged not over 60 years old on the date the cabinet nominates to His Majesty the King for approval. Candidates must be capable and knowledgeable in economics, banking and finance, and have expertise and experience pertinent to the governorship of the Bank of Thailand. He or she must be able to work full-time and have at least a bachelor degree from an academic institution recognised by the Office of the Civil Service Commission. Candidates must not have any prohibited characteristic or disqualification as prescribed in the announcement of the Selection Committee for Governor of the Bank of Thailand, published on 22nd May 2020.

2. Specific qualification 

  • 2.1 Candidates must have knowledge and understanding of Thailand’s macroeconomics and global financial system.
  • 2.2 Candidates must have knowledge and understanding of monetary policy, financial institution policy and payment system policy.

2.3 Candidates must have at least one of the following management expertise and experience:

  • 2.3.1 Currently or previously holds a position equivalent to deputy director or higher in 
  • the organisation;
  • 2.3.2 Currently or previously holds an executive position in a private sector entity with assets worth not less than 15,000 million baht. His or her position must be no lower than one rank lower than chief executive in the organisation;
  • 2.3.3 Currently or previously holds executive position in a state enterprise or an international organisation. His or her position must be no lower than one rank lower than chief executive.

3. How to apply

Applicants are to submit their applications in person or appoint an authorised person to submit their applications together with required documents as specified by the Selection Committee. The documents must be sealed and addressed to the Chairman of the Selection Committee for Governor of the Bank of Thailand at the Fiscal Policy Office, 2nd floor, Fiscal Policy Office, Ministry of Finance, Rama VI Road, Bangkok, 10400. Submission is available from 26th June – 10th July 2020 during office hours.

4. Documents required for submission of an application

4.1 A completed application form

4.2 A statement to demonstrate the applicant’s approach with regards to the management of the Bank of Thailand as well as the vision and insight about the country’s macro-economic conditions, global financial system, monetary policy, financial institutions policy, and financial payment policy.

Please find the announcement of the Selection Committee at http://www.mof.go.th, http://www.fpo.go.th, and http://www.bot.or.th. More details at the Fiscal Policy Office 

Tel. 0-2273-9020, ext. 3209 or 3238.

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