Thursday, January 21, 2010

M.L. Thongmakut Thongyai appointed as SCBS CEO

SCB Securities Co., Ltd. (SCBS) has appointed M.L. Thongmakut Thongyai as its CEO and director, effective from 18 January onwards. The appointment was approved by the Securities and Exchange Commission (SEC). SCBS is confident in M.L. Thongmakut's capability and experience developed during more than 14 years in the securities business.

SCBS Board Chairman Yokporn Tantisawetrat remarked that, “SCBS executives and staff would like to extend a warm welcome to M.L. Thongmakut Thongyai, a securities business veteran. We are confident that he will help strengthen SCBS by expanding our client base, both retail and institutional investors, as well as create and develop service and a competitive edge to enhance SCBS capabilities in coping with tough competition in the securities business.”

M.L. Thongmakut Thongyai holds an MBA from the American University, USA. Prior to the office of SCBS CEO, he was Citicorp Securities Thailand Managing Director, and earlier worked for KGI Securities (Thailand) PLC and CLSA Securities Thailand Ltd., respectively.

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