This announcement serves as an early communication following Mr. Kris Chantanotoke's successful fulfillment of the bank's mission and strategic objectives. Having achieved these goals, he has informed the bank of his decision not to seek a renewal of his contract.
The Boards of Directors of SCBX and SCB have completed the succession planning process and identified a qualified candidate from within the SCBX Group to assume the CEO role at SCB. The appointment is currently under regulatory review and approval.
During his tenure, Mr. Kris Chantanotoke has been instrumental in strengthening Siam Commercial Bank and driving its sustained growth, while playing a key role in advancing SCBX Group's strategic priorities. SCBX expresses its deep appreciation for his dedication and commitment, and affirms that this advance announcement will ensure a seamless transition and uninterrupted business operations. Mr. Kris Chantanotoke will continue to serve in his role and discharge his responsibilities with full commitment until the conclusion of his term.