Thai bourse and subsidiaries restructured
The Board of The Stock Exchange of Thailand (SET) has restructured the executive teams of SET and its subsidiaries to further enhance their capabilities to prepare for the ever-changing external environment. Ms. Sopawadee Lertmanaschai will be President of Thailand Securities Depository Co., Ltd.
(TSD), while Ms. Nongram Wongwanich will become Executive Vice President (EVP) in charge of Corporate Operations Division. Mr. Vichate Tantiwanich is to be responsible for expanding the investors’ base and increasing the number of listed companies. These appointments will be effective from July 1, 2006.
SET President Ms. Patareeya Benjapolchai elaborated that the SET Board approved the restructuring in its meeting of June 28. It has appointed Ms. Sopawadee Lertmanaschai to be President of TSD - its subsidiary with extensive business coverage offering comprehensive after-sales services for securities trading. The Board recognizes that Ms. Sopawadee has extensive experiences in working with personnel in capital markets. She thoroughly understands the needs of entrepreneurs as well as investors and the Board has full confidence that she would improve the Depository’s strengths. Work in the pipeline includes preparation for linkages between regional stock exchanges for straight through processing, shortening the settlement period to T+2, promoting Initial Public Offerings (IPOs) online, as well as handling securities borrowing and lending transactions. For more information, please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /