Banthoon Lamsam ( th, บัณฑูร ล่ำซำ; ), or nicknamed Pan (ปั้น);Matichon Daily Newspaper. Year 35 No.12444. Thursday April 5, 2012. ISSN 1686-8188. page 17 born 15 January 1953 (2496 BE) is a Thai business executive and the successor to the family business, Lamsam. He is the son of Bancha Lamsam and Thanphuying Sam-aungvarn Lamsam (maiden name Devakula; half-sister of M.R. Pridiyathorn Devakula). The Lamsam family is one of the wealthiest and most powerful families in Thailand. Bantoon is Lamsam 5th generation and heading family's banking and insurance flagship. He is currently the Chairman of the Board and Chief Executive Officer of

Kasikornbank 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 establishe ...

, the top financial service provider group in Thailand.

Early life

Banthoon Lamsam was born on 15 January 1953, son of Bancha Lamsam and

Thanphuying Honorifics are a class of words or grammatical morphemes that encode a wide variety of social relationships between interlocutors or between interlocutors and referents.Foley, William. ''Anthropological Linguistics: An Introduction''. Oxford: Black ...

Sam-aungvarn Lamsam (maiden name Mom Rajawongse Sam-aungvarn Devakula; daughter of Prince Priditheppong Devakula and Mom Rajawongse Sa-ang Pramoj). Bantoon has two younger sisters. Bantoon is a grandson of Choti Lamsam who founded

in 1945 as Thai Farmers Bank. Banthoon graduated from Saint Gabriel's College and Srinakharinwirot University Prasarnmit Demonstration School. He studied at

Phillips Exeter Academy (not for oneself) la, Finis Origine Pendet (The End Depends Upon the Beginning) gr, Χάριτι Θεοῦ (By the Grace of God) , location = 20 Main Street , city = Exeter, New Hampshire , zipcode ...

from 1967 to 1971 before going on to earn a bachelor's degree in chemical engineering from Princeton University and a masters of business administration (MBA) from

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

(HBS). After graduation, he spent two years with the military's Directorate of Joint Intelligence in the Ministry of Defence. In 1979, Banthoon joined Thai Farmers Bank (later changed to Kasikornbank) in the international banking department, where he was promoted to first vice president in 1986. In 1987 he moved to the domestic banking department as a senior vice president. In 1992, Banthoon was nominated president as of Thai Farmers Bank (TFB). After the

1997 Asian financial crisis The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1 ...

(known as วิกฤตต้มยำกุ้ง, literally translated as Tom Yam Kung crisis), he was the first to introduce the term "reengineering" to Thailand's banking industry. The Lamsam family became a minority shareholder of Kasikornbank. Banthoon Lamsam is an important contributor to the Democratic Party. Banthoon was skeptical of the country's economic policies during Pol. Lt. Col Thaksin Shinawatra's term as the prime minister of Thailand, and it was rumored that he had been approached by the Democratic Party for the position of the party leader in 2004. In 2002, Banthoon became president and CEO of TFB. In 2003, he changed the logo and name of the bank from Thai Farmers Bank (TFB) to the current name, Kasikornbank (KBank), improvising Chinese characters style into the logo, "K". In 2010, after Dr. Prasarn Trairatvorakul, then the president of KBank, left to become the Governor of the

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 ...

, Banthoon assumed the role of both president and CEO of KBank. He also instituted a senior executive position called "domain coordinator" and nominated four executive vice presidents to assume the positions of business domain, risk domain, infrastructure domain, and resource domain. Two of these executives later became the presidents of KBank and the other two became board directors. In May 2013, Banthoon published a 608-page novel, ''Sinaeha Montra Lanna'', which he wrote in 13 months. The publisher printed 20,000 copies in the first two months. Banthoon Lamsam's leisure pursuits are playing the saxophone and canoeing. He is a staunch feng shui believer.

Education

* Saint Gabriel's College, Bangkok * Prasarnmit Demonstration School, Srinakharinwirot University, Bangkok (1961-1967) * Philip Exeter Academy, New Hampshire, USA (1967-1971) * Bachelor's Degree ( Chemical Engineering), Princeton University, USA (1971-1975) * Master's Degree (

Business Administration Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management ...

), Harvard University, USA (1975-1977) * Honorary Doctorate Degree in Business Administration, Prince of Songkla University, Thailand (1995) * Honorary Doctorate Degree in Business Administration, Kasetsart University, Thailand (May 31, 2001) * Honorary Doctorate Degree in Business Administration, University of the Thai Chamber of Commerce (November 15, 2001) * Honorary Doctorate Degree in Business Administration (Management), Sripatum University, Thailand (November 27, 2001) * Honorary Doctorate Degree in Business Administration (Banking and Finance), Chulalongkorn University, Thailand (July 10, 2003) * Honorary Doctorate Degree in Business Administration,

Thammasat University Thammasat University (Abbreviation, Abrv: TU th, มธ.; th, มหาวิทยาลัยธรรมศาสตร์, , ) is a public research university in Thailand with campuses in Tha Phra Chan area of Phra Nakhon District near the ...

, Thailand (August 1, 2003) * Honorary Doctorate Degree in Business Administration (Finance Management), Mahasarakham University, Thailand (2010)

Current profession

* Chairman of the Board (2013) and Chief Executive Officer (since 1991), KASIKORNBANK PLC * Director of Pukha Holdings, Pukha Realty, Pukha Go, Pukha Nanfa Hotel * Chairman and Manager, Mahamakuta Rajavidyalaya Foundation under Royal Patronage * Treasurer, Wat Bovoranives Vihara and Wat Nyanasamvararam Varamahavihara Buddhist Monasteries

Work experience

1977 Directorate of Joint Intelligence, Ministry of Defense 1979 International Banking Department, Thai Farmers Bank 1986 First Vice President, International Banking Department, Thai Farmers Bank 1987 Senior Vice President, Domestic Banking Department, Thai Farmers Bank 1990 First Senior Vice President, Thai Farmers Bank 1991 Executive Vice President, Thai Farmers Bank 1992 President, Thai Farmers Bank 1998-2000 Chairman, Thai Bankers Association 2002 President and Chief Executive Officer, Thai Farmers Bank 2003 Chief Executive Officer, KASIKORNBANK PLC 2010 Chief Executive Officer and President, KASIKORNBANK PLC 2013 Chairman of the Board and Chief Executive Officer, KASIKORNBANK PLC

Decorations

Banthoon has received the following royal decorations in the Honours System of Thailand: * 2007 - Thutiya Chunlachomklao, The Most Illustrious Order of Chula Chom Klao, Knight Grand Commander (Second Class, Lower Grade) * 2003 - Tatiya Chunlachomklao Wiset, The Most Illustrious Order of Chula Chom Klao, Grand Companion (Third Class, Upper Grade)

Awards

2014 Business Person of the Year 2014 by Krungthep Turakij 2011 Asian Corporate Director Recognition Award 2011 by Corporate Gove 2010 THE QFC-ASIAN BANKER LEADERSHIP ACHIEVEMENT AWARD 2009 Banker of the Year, ''Money & Banking'' Magazine 2003 Best CEO 2003, Stock Exchange of Thailand Awards 2003 2000 Star of Asia, ''Business Week'' Magazine 1999 Banker of the Year, ''Interest'' Magazine 1999 Banker of the Year, ''Money & Banking'' Magazine 1998 Banker of the Year, ''Interest'' Magazine 1994 Banker of the Year, ''Money & Banking'' Magazine

Other activities

* Chairman, Thai Bankers Association (1998-2000) * Chairman and Manager of the Maha Makut Buddhist University Foundation * Member of the Thai Red Cross Society Council * Member of the Sai Jai Thai Foundation Committee * Member of Sasin Graduate Institute of Business * Administration Steering Board, Chulalongkorn University * Abbot Assistant of Wat Bovornivesviharn, Kwang Bovornives Phra Nokorn, Bangkok * Abbot Assistant of Wat Yannasangvararamvoramahaviharn, Huay Yai, Bang Lamung, Chonburi * Ordained as a Buddhist monk for 3 months in 1977 at Wat Bovoranives Vihara * Ordained as a Buddhist monk for 15 Days in 2004 at Wat Yansangwararam

References

{{DEFAULTSORT:Lamsam, Banthoon

Banthoon Lamsam Banthoon Lamsam ( th, บัณฑูร ล่ำซำ; ), or nicknamed Pan (ปั้น);Matichon Daily Newspaper. Year 35 No.12444. Thursday April 5, 2012. ISSN 1686-8188. page 17 born 15 January 1953 (2496 BE) is a Thai business executive ...

1953 births Living people Harvard Business School alumni

Phillips Exeter Academy alumni Princeton University alumni