Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Stock Exchange Of Thailand Appoints Dr. Santi Kiranand As The CEO Of Bond Electronic Exchange

Date 30/06/2004

The Stock Exchange of Thailand (SET) has appointed Assistant Professor Dr. Santi Kiranand as the Chief Executive Officer (CEO) of the Bond Electronic Exchange (BEX) effective from July 1, 2004 onwards. Asst. Prof. Dr. Santi’s previous positions have included Executive Vice President of the Thai Bond Dealing Center (ThaiBDC), Manager of the M.S. in Finance Program, Faculty of Commerce and Accountancy, Chulalongkorn University, and Associate Dean-research of the Faculty of Commerce and Accountancy, Chulalongkorn University.

Asst. Prof. Dr. Santi said in assuming his post that: “I have the will to develop Thailand’s bond market to become a high quality and internationally recognized secondary market, so that it will be a key driver for the overall development and stability of the economy. This will also be in line with the government’s policy in strengthening the Thai capital market as well as in preparing for the growth of the Asian bond market in the future.

The Future development of the BEX will include product diversification covering all types of debt instruments. This is regarded as an important task as this will create a quality supply for the market. The systems should be able to accommodate diverse demands of investors. The greater the strength of the bond market, the more the economy will gain and the more efficiently the investors can manage their portfolios.”

Asst. Prof. Dr. Santi holds a Ph.D. in Business Administration (Finance) from the Joint Doctoral Program in Business Administration (JDBA), a joint program between Chulalongkorn University, Thammasat University, and the National Institute of Development Administration.

The SET launched the Bond Electronic Exchange (BEX) on November 26, 2003, to offer another investment alternative whilst facilitating trading for investors. The market is set to become internationally competitive.