Thailand delays selection process for new central bank chief

 

FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva

 

BANGKOK (Reuters) - Next week's interviews of six candidates for the role of central bank governor will be delayed, the head of the selection committee said on Friday, because some applicants might not have the required qualifications.

 

The committee has asked those applicants' qualifications be rechecked before considering them again, Rangson Sriworasat told reporters. He did not elaborate or specify a new interview timeframe.

 

"There is still time for consideration and there is no need to rush," he said, adding the committee would also have to wait for a new finance minister, who will pick the new central bank governor.

 

Finance Minister Uttama Savanayana resigned on Thursday.

 

The committee had planned to ask qualified candidates to present their visions on July 21 before selecting two, from which the finance minister would pick one as governor. The appointment needs cabinet and royal approval.

 

The next central bank governor will succeed Veerathai Santiprabhob, whose five-year term ends on Sept. 30, as Southeast Asia's worst performing economy suffers from the impacts of the COVID-19 pandemic.

 

According to media reports, Sethaput Suthiwart-Narueput, a former World Bank economist and an economic advisor to Prime Minister Prayuth Chan-ocha, is leading the race to be new governor. Two deputy central bank governors had also applied.

 

-- © Copyright Reuters 2020-07-17

 

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10 minutes ago, snoop1130 said:

as Southeast Asia's worst performing economy suffers from the impacts of the COVID-19 pandemic

Seems to have gone a bit down hill in the last 4-5 years, wonder why ? 

13 hours ago, snoop1130 said:

The committee has asked those applicants' qualifications be rechecked before considering them again, Rangson Sriworasat told reporters. He did not elaborate or specify a new interview timeframe.

Good idea, then expand it to the whole of the government ...............LOL

16 hours ago, RichardColeman said:

Seems to have gone a bit down hill in the last 4-5 years, wonder why ? 

One year, 2019 the government was still boasting it was Asias best performing economy... while everyone else has seen the slide for the last 6 years.

Maybe only half the geniousses in the country have applied.

Edited July 18, 20205 yr by Xonax

Ip dip dog  <deleted>  u  r  not  it ,  is that the selection process?

Last chance, BoT.  I would accept your nomination for the job.  You want an outsider who would do “whatever it’s takes” to sink the Baht and restore the economy?  I’m your best candidate...

3 minutes ago, Isaan sailor said:

Last chance, BoT.  I would accept your nomination for the job.  You want an outsider who would do “whatever it’s takes” to sink the Baht and restore the economy?  I’m your best candidate...

I  think this  one may be better and he also likes  sailors as  you   plan to sink the baht

 

No one competent wants to be tied to this government~reminds me of that guy running the USA~friends and family only need apply

On 7/17/2020 at 7:11 PM, snoop1130 said:

The committee has asked those applicants' qualifications be rechecked before considering them again,

This guy would have Qualified, kept millions under his bed in boxes.

Just can not decide which general