CIMB Thai Appoints Kittiphun President/CEO

KUALA LUMPUR, Sept 15 (Bernama) -- CIMB Thai Bank pcl (CIMB Thai) has obtained approval from Bank of Thailand to appoint Kittiphun Anutarasoti as its President/Chief Executive Officer, beginning Oct 19, 2016. In a statement on Wednesday, CIMB Group (CIMB) said, Kittiphun will replace Subhak Siwaraksa, who has expressed his wish to retire. CIMB Group Chief Executive, Tengku Zafrul Aziz, said Kittiphun's appointment was timely and strategic as CIMB re-positioned its banking business in Thailand, which was one of the group's key markets in the region. "His 24-year banking experience bodes well for CIMB Thai and I'm confident he will add great value to our franchise in Thailand and to the group," he said. --BERNAMA