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SET Board Of Governors Approves The Commencement Of The Selection Process For The 14th President

Date 20/03/2024

The Board of Governors (BoG) of The Stock Exchange of Thailand (SET) at its meeting today (March 20, 2024) resolved to approve the commencement of the selection process for the SET’s 14th President to succeed the President Pakorn Peetathawatchai who will complete his tenure in the middle of September 2024. The applicant who passes the selection process and is appointed to be the new President will also serve as an ex-officio governor in the BoG.

At today's meeting, the SET BoG considered and approved the required qualifications, and criteria for the nomination and selection process which will open opportunities for those who have extensive knowledge, capabilities, experience, and understanding of the capital market, as well as endeavor to join in driving forward the Thai capital market amid the challenging situations. The new President’s principle tasks include fulfilling the SET’s mission as required by law and accomplishing its vision of “To Make the Capital Market ‘Work’ for Everyone” with goals to develop the capital market to be beneficial to all sectors and create a quality capital market to pave the path for the sustainable growth of Thai capital market.

To ensure a fair and transparent selection, SET BoG has set the selection process, from pre-screening the qualifications of applicants to interviewing the qualified candidates. The BoG has also assigned the SET’s Nomination and Remuneration Committee to assist in considering, screening, and selecting short-listed candidates.   

Any interested applicant must be qualified and have no prohibited characteristics as stipulated in the securities and exchange law, including having appropriate competencies and personal attributes for performing the SET President’s roles and duties, such as communication skills, and the ability to manage and collaborate for mutual benefits with various stakeholders in developing the capital market. He / she must also be able to demonstrate good knowledge and understanding of information technology related to financial and capital markets.

For more details about the procedures and selection process, as well as downloading the application, please visit SET’s website www.set.or.th. The submission of applications will be opened from March 21 to April 30, 2024.