BANGKOK: Thailand’s expected appointment of veteran banker Vitai Ratanakorn as the next central bank governor was delayed by at least a week, a sudden twist in the selection process for the closely-watched position.
Vitai, president of the Government Savings Bank, was poised to be nominated by Finance Minister Pichai Chunhavajira for the cabinet’s confirmation, people familiar with the matter said. Before entering Tuesday’s cabinet meeting, Pichai told reporters he planned to propose the Bank of Thailand appointment, but later said more time was needed and that the cabinet will consider the matter next week.
