Prasarn Trairatvorakul
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Prasarn Trairatvorakul
Prasarn Trairatvorakul ( th, ประสาร ไตรรัตน์วรกุล; born 20 August 1952) is a Thai banker. He is former governor of Bank of Thailand. Education He graduated with first class honours, gold medal in bachelor's degree of electrical engineering from Chulalongkorn University. He also has a masters of engineering degree in industrial engineering and management from Asian Institute of Technology, Bangkok, Thailand, a master's degree in business administration, Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ..., Massachusetts, U.S.A., and a doctor of business administration degree from Harvard. Careers He started working as an academic economist at Bank of Thailand in 1983 until 1989. He became secretary of The Securities and Exc ...
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Bank Of Thailand
The Bank of Thailand (BOT) ( Abrv: ธปท.; th, ธนาคารแห่งประเทศไทย, ) is the central bank of Thailand. History The Bank of Thailand (BOT) was first set up as the Thai National Banking Bureau. The Bank of Thailand Act was promulgated on 28 April 1942 vesting upon the Bank of Thailand the responsibility for all central banking functions. The Bank of Thailand started operations on 10 December 1942. The Bank of Thailand Act, B.E. 2485 was later amended in order to put emphasis on its social responsibility, to create a mechanism to guard against economic crisis, as well as to set up its decision making process to ensure good governance and transparency in the organization. The Bank of Thailand Act, B.E. 2551 came into force on 4 March 2008. Roles and responsibilities The Bank of Thailand's mission is to provide a stable financial environment for sustainable economic growth in order to achieve continuous improvement in the standard of li ...
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Tarisa Watanagase
Tarisa Watanagase ( th, ธาริษา วัฒนเกส; RTGS: Tharisa Watthanaket; ; born 30 November 1949) is a former governor of the Bank of Thailand (2006–2010). She succeeded Pridiyathorn Devakula, who was appointed finance minister in the interim government. Tarisa was an assistant governor of the BoT and is the first female governor in the bank's 64-year history. Education and career An economist, Tarisa joined the central bank in 1975. She was appointed deputy governor in 1992. She graduated from Triam Udom Suksa School. She received a bachelor of economics and master of economics from Keio University, Tokyo, Japan and a doctor of economics from Washington University in St. Louis, United States. She attended the six-week Advanced Management Program at Harvard University. She served as an economist at the International Monetary Fund from 1988 to 1990.Srisukkasem, Anoma. October 18, 200Tarisa becomes BOT's first female chief, ''The Nation''. She speaks Thai, En ...
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Veerathai Santiprabhob
Veerathai Santiprabhob ( th, วิรไท สันติประภพ) (born 25 December 1969) was the Governor of the Bank of Thailand from 1 October 2015 to 30 September 2020. Early life and education Veerathai was born on December 25, 1969, the son of Police General Prathin Santiprapop, former Chief of Police and Kuntala Santipipop. He had three brothers and sisters. He was the grandson on the maternal side of Phraya Bhichai Ronnarongsongkharm (Thongdee Jarutat), former commander of the 1st Division and Bupha Bhichai Ronnarongsongkharm. He was educated at Thammasat University (BA Economics, 1988) with first class honors and receiving 4 gold medals for academic assistance and another 1 medal was awarded to Bhumibol Scholarship throughout the period of studying at Thammasat University and he graduated with a degree in economics at the age of 18. After that, he was awarded an Anandamahidol scholarship and studied for a master's degree and doctorate degree at Harvard Unive ...
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Bangkok
Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estimated population of 10.539 million as of 2020, 15.3 percent of the country's population. Over 14 million people (22.2 percent) lived within the surrounding Bangkok Metropolitan Region at the 2010 census, making Bangkok an extreme primate city, dwarfing Thailand's other urban centres in both size and importance to the national economy. Bangkok traces its roots to a small trading post during the Ayutthaya Kingdom in the 15th century, which eventually grew and became the site of two capital cities, Thonburi Kingdom, Thonburi in 1768 and Rattanakosin Kingdom (1782–1932), Rattanakosin in 1782. Bangkok was at the heart of the modernization of Siam, later renamed Thailand, during the late-19th century, as the country faced pressures from the ...
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Chulalongkorn University
Chulalongkorn University (CU, th, จุฬาลงกรณ์มหาวิทยาลัย, ), nicknamed Chula ( th, จุฬาฯ), is a public and autonomous research university in Bangkok, Thailand. The university was originally founded during King Chulalongkorn's reign as a school for training royal pages and civil servants in 1899 (B.E. 2442) at the Grand Palace of Thailand. It was later established as a national university in 1917, making it the oldest institute of higher education in Thailand. During the reign of Chulalongkorn's son, King Vajiravudh, the Royal Pages School became the Civil Service College of King Chulalongkorn. The Rockefeller Foundation was instrumental in helping the college form its academic foundation. On 26 March 1917, King Vajiravudh renamed the college "Chulalongkorn University". Chulalongkorn University is a comprehensive and research-intensive university. It is ranked as the best university in Thailand in many surveys, quality of st ...
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Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment inco ...
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Banker
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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Central Banker
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Asian Institute Of Technology
The Asian Institute of Technology (AIT), founded in 1959, is an Intergovernmental organization, international organization for higher education situated 40km north of Bangkok, Thailand. It specializes in engineering, technology, advanced technologies, sustainable development, and management, management and planning. Its aim is to "promote technological change and sustainable development" in the Asia-Pacific region, through higher education, research, and outreach. History Founded in 1959 as Southeast Asia Treaty Organization, SEATO Graduate School of Engineering, it receives funding from organizations and governments around the world. In 1967, The Constituent Assembly of Thailand approved legislation for the Charter of the newly named Asian Institute of Technology in October. The Asian Institute of Technology Enabling Act was published in the Royal Thai Government Gazette in November the same year. AIT became independent of SEATO as an institution of higher learning empowered to ...
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Kasikorn Bank
Kasikornbank ( th, ธนาคารกสิกรไทย, , Teochew: Khai-thài Ngîng-hâng, , stylised in all caps), often stylised as KBank and formerly known as the Thai Farmers Bank is a banking group in Thailand. KBank was established on 8 June 1945 (2488 BE) by Choti Lamsam, with registered capital of five million baht. It has been listed on the Stock Exchange of Thailand since 1976. On 8 April 2003, Thai Farmers Bank PCL changed its English name to Kasikornbank PCL (official abbreviation, KBank). As of April 2020, the CEO is Kattiya Indaravijaya. The previous chairman and CEO, Bantoon Lamsam, who held the position for 28 years, was the grandson of the founder. History Kasikornbank (then Thai Farmers Bank) was established on 8 June 1945, with registered capital of five million baht and 21 employees. Its first office is now the Thanon Sua Pa Main Branch. The bank showed healthy performance after only six months in operation. As of 31 December 1945, or at the ...
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Stock Exchange Of Thailand
The Stock Exchange of Thailand ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN’s 2nd largest after Singapore and the world's 25th by market capitalization at (both SET and mai) as of 22 October 2022. From 2015 to June 2020 it was the biggest IPO market in Southeast Asia in terms of accumulated raised fund at USD 17.8 billion (THB 598.0147 billion). It is also the region’s most active bourse for 10 consecutive years with daily trading turnover normally exceeding USD 2 billion. In recent years, the number of market participants has risen sharply: trading accounts has increased almost 10 times from 2008 to 2022. Based on the number of investors, about 3% of people in Thailand participate in the stock market. SET index is the oldest and the most cited equity index in Thailand. It made intraday all-time high at 1852.51 on 27 February 2018, surpassing th ...
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Governors Of The Bank Of Thailand
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin wo ...
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