BANGKOK: Thailand is set to appoint a former bureaucrat as the new chairman of the Bank of Thailand, capping a contentious selection process that saw the government fail in a bid to push through the candidacy of a controversial former minister.
Somchai Sujjapongse (pic), 63, will be the new chairman of the BOT’s 12-member board, according to a person familiar with the matter. Somchai, proposed by the Ministry of Finance, will assume office once his appointment is approved by the cabinet and the king, said the person who declined to be identified since details of the matter are private.
