Mr. Kris Chantanotoke, Chief Executive Officer of Siam Commercial Bank, noted that "The Bank places great emphasis on driving Thailand's economic expansion by actively supporting the large corporate business sector to ensure sustained growth in all economic conditions. The Wholesale Business Group plays a crucial role in providing support and assistance to corporate customers, enabling them to navigate various business scenarios and contribute to the recovery of economic activities. In line with this commitment, the Bank has appointed Mr. Tanapot Parksuwan to the position of Senior Executive Vice President - Chief Wholesale Banking Officer. He will be tasked with formulating operational strategies for the Wholesale Business Group to enhance the efficiency of serving large business customers, aligning with the Digital Bank with a Human Touch strategy. With over 30 years of experience in catering to the needs of large business customers, the Bank is confident that Mr. Tanapot will bring valuable expertise to the role. His wealth of experience is expected to contribute significantly to fortifying the wholesale business, ensuring its resilience and growth during a challenging economic period marked by external factors."
Mr. Tanapot will lead the team responsible for steering the operations of SCB's Wholesale Business Group. His leadership will encompass strategic planning and operational initiatives focused on managing relationships with large corporate customers. Additionally, he will collaborate with relevant bank units to foster the development of diverse financial products and innovations, addressing the specific needs of business customers. This includes offering financial advice, facilitating fundraising in various forms, and exploring new market opportunities both domestically and internationally. Moreover, he aims to create business opportunities through acquiring new customers and establishing an ecosystem that enhances operational efficiency, supporting the growth of corporate customers. This initiative also involves developing the potential of personnel within the Wholesale Business Group to adapt to the evolving economic and social landscape, including considerations for digital adaptation and sustainability policies.
With a remarkable career spanning over 30 years in the financial industry, Mr. Tanapot will bring extensive expertise across various facets, including corporate customers, corporate finance, investment banking services, and fundraising in offshore markets. His experience includes collaborating with large multinational corporations, providing him with a profound understanding of their financial needs and structures to drive the growth of the institutional banking business. Prior to joining Siam Commercial Bank, Mr. Tanapot held the position Managing Director, Head of Banking, Capital Markets & Advisory at Citibank Thailand. He also played a pivotal role at HSBC Bank Thailand, where he held the highest position as Managing Director, Head of Global Banking.
Mr. Tanapot holds an MBA in finance from Sasin Graduate Institute of Business Administration, Chulalongkorn University, and a bachelor's degree in economics from the University of Massachusetts Amherst.
Source: Siam Commercial Bank