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Board of Directors

Mr. Virah Mavichak
Chairman of the Board and Independent Director
Dr. Pisit Leeahtam
Independent Director and Chairman of Audit Committee
Mr. Thanee Puttipunpluck
Independent Director and Member of Audit Committee
Mr.Suchart Suphayak
Independent Director and Member of Audit Committee
Mr. Somchai Kulimakin
Vice Chairman
Mr. Sumrual Tichachol
Director
Mr. Aikachai Sirijuntanan
Director
Mr. Bhiya Jriyasetapong
Director
Board of Directors

Management structure comprises with 3 committees which are the Executive Committee, the Audit Committee and the Nomination and Remuneration Committee detail structure , authorization and responsibilities of the Board of Directors and Sub-Committee are the followings

Members of the Board of Directors

  • 1. Mr. Virah Mavichak
    Chairman of the Board and Independent Director
  • 2. Mr. Somchai Kulimakin
    Vice Chairman
  • 3. Mr. Sumruay Tichachol
    Director
  • 4. Mr. Bhiya Jriyasetapong
    Director
  • 5. Mr. Aikachai Sirijuntanan
    Director
  • 6. Dr. Pisit Leeahtam
    Independent Director and Chairman of Audit Committee
  • 7. Mr. Thanee Puttipunpluck
    Independent Director and Member of Audit Committee
  • 8. Mr. Suchart Suphayak
    Independent Director and Member of Audit Committee

Secretary to the Board is Ms. Pornpimol Torpaiboon

The name(s) of authorized directors to sign on behalf of the Company

Mr. Somchai Kulimakin, Mr. Bhiya Jriyasetapong, Mr. Samruay Tichachol and Mr. Aikachai Sirijuntanan, two of forth of these directors have the power of Attorney signed with Company stamp

Scope, Authorities and Duties of the Board of Directors

The Board of Directors has authority in management and operation of the Company's business in accordance with the laws, objectives, the Articles of Association, and the resolution of shareholders’ meetings, has authority to formulate the policies and directions, the financial management, the risk management, to supervise and control the Management to compliance with the assigned policies efficiency and effectively, to be responsible to the shareholders, has to preserve the shareholders' interest, and disclose the information accurately and completely with the standard and the transparency. In addition, the Board of Directors is authorized to appoint the directors, and/or the executives to act under the scope of authority and duties of the Board of Directors, unless the acts of the following matters which shall be approved in advance by the shareholders’ meeting:

1. Any issues stipulated by law that resolutions of shareholders must be sought.

2. Any transaction in which the directors have the interest and there is a law or provision of the Stock Exchange of Thailand prescribes that there must be the approval of the shareholders' meeting for such transaction.

In this connection, the director who has the interest or has the conflict of interest in any matter is not entitled to cast the vote for such matter.

Authorities, duties and responsibilities of the Chairman of the Board:
  1. Summoning the meetings of the Board of Directors and supervising the delivery of meeting notices and related documents so as to ensure that the Board of Directors acquire adequate and timely information;
  2. Presiding over the Board of Directors meeting;
  3. Promoting Corporate Governance standards of the Board of Directors;
  4. Presiding over the Shareholders meeting and conducting the meeting in compliance with the Bank’s Articles of Association and following the sequence of the agenda;
  5. Supervising efficient communications between the directors and shareholders;
  6. Performing the duty specified by law as the duty to be performed by the Chairman.