Snags hamper bid to select BoT chair

Quick Summary:

The selection committee tasked with selecting a new board chairman of the Bank of Thailand has postponed its planned meeting until next Monday, while Kittiratt Na-Ranong, a former commerce minister, is likely to be removed as a candidate following strong opposition from various sectors.

On Oct 30, the Economics for Society Group gathered, including 227 economists as well as four former central bank governors, namely Pridiyathorn Devakula, Tarisa Watanagase, Prasarn Trairatvorakul and Veerathai Santiprabhob.

According to a member of the selection committee who requested anonymity, the main reason for the delay is the intense opposition due to Mr Kittiratt's perceived political affiliations, raising concerns of potential bias in his candidacy.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Group Board Meeting Central Kittiratt Bank Committee Chairman Selection Monday Political

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 04:00:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 683 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 23413682

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