King Endorses New Bank of Thailand Chairman | Bangkok Post
His Majesty the King has endorsed Somchai Sujjapongse as the new chairman of the Bank of Thailand,according to an declaration from the Prime Minister’s Office. This pivotal appointment, effective sence last Monday, marks a important transition in Thailand’s fiscal leadership, with Sujjapongse succeeding Porametee Vimolsiri. The Royal Gazette published the news, solidifying a decision previously made by the cabinet on April 22. At 64, Sujjapongse brings a wealth of financial expertise to the central bank, having previously served as a director at PTT PCL, backed by degrees from Chulalongkorn University and Ohio State University. Stay informed with News Directory 3 for the latest updates. Discover what’s next for Thailand’s monetary policy under the new leadership.
Somchai Sujjapongse Appointed Bank of Thailand chairman
Updated June 6, 2025
Somchai Sujjapongse, a fiscal policy expert, has been endorsed by his Majesty the King as the new chairman of the Bank of Thailand. The Prime Minister’s Office announced the appointment, which was published in the Royal Gazette adn became effective last Monday.
The cabinet had previously approved Somchai Sujjapongse’s nomination on April 22. He succeeds Porametee Vimolsiri, whose term as acting chairman concluded on Jan 16.
Somchai Sujjapongse, 64, brings extensive experience in the financial sector to the central bank. He previously served as director at PTT PCL from November 2015 to May 2018. He earned degrees in economics from Chulalongkorn University and Ohio State University.
The Bank of Thailand board, responsible for Thailand’s monetary policy, typically convenes at least once a month to discuss financial stability and economic trends.
What’s next
Sujjapongse’s leadership is anticipated to guide the Bank of Thailand in navigating Thailand’s economic landscape and maintaining financial stability in the coming months.