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Thai Airways approves new president

Charamporn Jotikasthira, ex-president of the Stock Exchange of Thailand, was yesterday approved by the board of Thai Airways International as its new president, set to upgrade the airline’s information-technology systems and rescue it from its financial crisis.

Aishwarya Gupta

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Charamporn Jotikasthira, ex-president of the Stock Exchange of Thailand, was yesterday approved by the board of Thai Airways International as its new president, set to upgrade the airline’s information-technology systems and rescue it from its financial crisis.

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Charamporn was one of four candidates and one of two finalists. He will be serving a four-year term that is expected to start next month.

The airline’s management will negotiate salary and benefits with him before proposing his name to the Finance Ministry for approval.

Areepong Bhoocha-oom, permanent secretary of the Energy Ministry and acting chairman of THAI, said Charamporn was the most suitable person to fill the vacancy as he came with impressive academic credentials and had experience with giant organisations such as Siam Commercial Bank and the SET.

Charamporn holds a bachelor’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology and a Master of Business Administration from Harvard University.

via THAI board names new president – The Nation.

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Fitch Ratings Expects Improvement of Thai Corporates’ Credit Outlook

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