Thailand names Vitai Ratanakorn as central bank governor
Cabinet picks state-owned lender’s CEO to take over from Sethaput Suthiwartnarueput on October 1
Thailand has chosen Vitai Ratanakorn, a rate cut proponent and the head of its state-owned lender, as the next governor of the country’s central bank.
The cabinet announced today (July 22) that Vitai will succeed Sethaput Suthiwartnarueput as head of the Bank of Thailand (BoT) on October 1. According to Thai media reports, a government spokesperson said the 54-year-old chief executive of the Government Savings Bank had been selected because of his experience in banking, finance and economics, and
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