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Fri, April 7, 2006 : Last updated 22:30 pm (Thai local time)



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Home > Business > Absent-minded financial wizard





FRIDAY BUG
Absent-minded financial wizard

Since Wiwan Tharahirunchote announced her resignation as president of One Asset Management in December last year, the company has been caught in the glare of reporters.

In their view, Wiwan was like a brand name. Wherever she made an appearance, people would be reminded of One Asset. So reporters were concerned about how the medium-sized One Asset, with no bank parent in support, would perform amid the increasingly intense competition in the mutual fund business.

Last month, Somjin Sornpaisarn returned to One Asset to take charge as president.

He had once worked for One Asset before joining Kim Eng Securities' derivatives department.

During the press conference for the official announcement of Somjin's presidency, reporters realised that a series of tough tasks lie ahead for One Asset's management team.

However, the team was quickly burdened with an additional task to handle apart from the mutual fund business: to remind Somjin of what he had just said.

Throughout a friendly talk with reporters, whenever there was an interruption, Somjin lost track of what he had been talking about.

At first he had to turn to his management team for reminders. But later the team wasted no time in giving him prompters whenever they noticed Somjin pausing and grinning in embarrassment.

Well, what he needed to be reminded about were only the things he just said, but whatever is relevant to the mutual fund business is reportedly always crystal-clear in his mind. That should satisfy One Asset's unit trust holders.







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