Bank of Thailand governor won’t seek second term – Bangkok Post

Bank of Thailand governor won’t seek second term – Bangkok Post

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revealed :
25 Can also 2020 at 13: 40

Bank of Thailand Governor Veerathai Santiprabhob poses after an interview with Reuters in Bangkok, Aug 5, 2016. (Reuters file photo)
Bank of Thailand Governor Veerathai Santiprabhob poses after an interview with Reuters in Bangkok, Aug 5, 2016. (Reuters file describe)

The Bank of Thailand (BoT) is determined for a brand current governor after its incumbent head Veerathai Santiprabhob made up our minds in opposition to looking out for a 2d time length.

Mr Veerathai received’t be aware for one other 5 years at the head of the monetary authority for household reasons, Assistant Governor Chantavarn Sucharitakul stated in an announcement on Monday.

Mr Veerathai will guarantee a soft transition, she stated. His time length is thanks to expire at the cease of September.

Final week, decision committee head Rangsan Sriworasart stated the applying length for the next chief at the BoT will speed for 15 industry days, from Can also 26 to June 16, and the shortlist of candidates will almost definitely be concluded by July 2. The committee will meet on June 18 to bring collectively the checklist of candidates, who will every recent their vision for the central bank gradual in June. 

The candidates need to now not presented unless the decision assignment is executed, Mr Rangsan stated. If there personal been most efficient one or no candidates, the applying length would possibly perchance well perhaps be extended.

With the grim economic outlook stemming from the pandemic, the next central bank governor will face a titillating job, he added.  

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