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Posted

Second vice chairman to serve as THAI acting president

By THE NATION

 

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Chakkrit Parapuntakul

 

Thai Airways International Pcl (THAI) has appointed Chakkrit Parapuntakul, THAI second vice chairman, to serve as acting THAI president with effect from March 23.

 

The decision was made at a meeting of the board of directors on March 18. The appointment of Chakkrit follows the resignation of THAI president Sumeth Damrongchaitham, effective from April 11.

 

Chakkrit accepted the position without receiving any remuneration. He will supervise the implementation of the company’s reform plans as well as set measures to tackle the Covid-19 situation.

 

Chakkrit Parapuntakul holds a Bachelor's degree in accounting from Thammasat University and a Master's in Business Administration from Angelo State University, Texas, US.

 

He previously held the position of director of Krungthai Bank Pcl, director of PTT Exploration and Production Pcl, director-general of Treasury Department, chairman of Dhanarak Asset Development Co, Ltd and director of Tris Corporation Co Ltd. He currently holds the position of deputy permanent secretary, Ministry of Finance and THAI second vice chairman.

 

Source: https://www.nationthailand.com/business/30384391

 

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-- © Copyright The Nation Thailand 2020-03-19
  • Like 1
Posted

Smart move, if it goes down the toilet (and it most likely will) he has a double safety net. His predecessor's rule is one, the China virus the second one. 

If they decide to privatize TG he might be the man to do the transition and if not, he can stay as long as he wants without a bottom line to meet.  

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