Krungsri (Bank of Ayudhya PCL) has appointed Mr. Prakob Phiencharoen as Head of Corporate and Investment Banking Group and Acting Head of Investment Banking Division, Corporate and Investment Banking Group, Commercial Banking, effective from 1 July 2021 onward.
Mr. Prakob has over 25 years of banking experience from leading domestic and international financial institutions. He has drawn on his invaluable experience and expertise, to successfully drive corporate and investment banking business of Krungsri with effective strategic planning and competent management. He is a key person in expanding and enhancing global business opportunities for clients, by leveraging Krungsri and MUFG expertise and network. His achievements constantly and greatly contribute to outstanding performance and solid growth of Corporate and Investment Banking Group. Krungsri believes that he will leverage his experience and expertise to further enhance Krungsri's corporate and investment banking business in order to enhance commercial business, support business customers in business expansion both domestically and internationally through MUFG networks under the business chain, so as to create added value to customers according to Medium-Term Business Plan.
In addition to Mr. Prakob's appointment, Krungsri has appointed 2 executives under Corporate and Investment Banking Group as follows:
Mr. Thongchai Vajapattana, has been appointed to, Executive Vice President, Head of Corporate Banking Division in charge of Thai corporate customers.
Mr. Saran Sasanavin, has been appointed to, Executive Vice President, Head of Global Corporate Banking Division, in charge of Thai corporate customers with overseas business networks.
Mr. Prakob holds a Bachelor of Engineering in Computer Engineering from Chulalongkorn University, Master of Business Administration in Finance from The University of Florida, USA, and a Master of Arts in Economic Law from Chulalongkorn University.
About Krungsri
Krungsri (Bank of Ayudhya PCL and its group companies) is the fifth largest financial group in Thailand in terms of assets, loans, and deposits, and one of Thailand's five Domestic Systemically Important Banks (D-SIBs) with 76 years of history in the country. Krungsri is a strategic member of the Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial group and one of the world's largest financial organizations. Krungsri provides a comprehensive range of banking, consumer finance, investment, asset management, and other financial products and services to individual consumers, SMEs, and large corporations through 665 domestic branches (626 Banking Branches and 39 Auto Business Branches) and over 32,216 service outlets nationwide. The Krungsri Group is the largest card issuer in Thailand with 9.5 million credit cards, sales finance, and personal loan accounts in its portfolio; a major automobile financing service provider (Krungsri Auto); one of the fastest growing asset management companies (Krungsri Asset Management); and a pioneer in microfinance (Ngern Tid Lor).
Krungsri is strongly committed to the highest level of integrity in conducting its business. All Krungsri Group companies have been awarded accreditation from the Private Sector Collective Action Coalition Against Corruption (CAC) in collaboration with industry peers and stakeholders on a zero tolerance approach to corruption.
About MUFG (Mitsubishi UFJ Financial Group, Inc.)
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,600 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.