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Afet names Nitus as its president

Published on February 19, 2008

The Agricultural Futures Exchange of Thailand (Afet) yesterday formally announced its board of directors had appointed Nitus Patrayotin as president, replacing Napaporn Kurupasutachai.

Napaporn resigned from Afet last December 15, when Nitus's appointment took effect.

Afet said Nitus was suitable for the post because he possessed the expertise and experience to do the job. Nitus said he was ready to push forward and add liquidity to Afet. He also intends to promote the body to both local and international communities.

Nitus said Afet would also benefit from current rising prices of global commodities.

Nitus was Afet's executive vice president before his promotion. He graduated with a bachelor's degree in economics from Thammasat University and received both his master's degree and his doctorate from Iowa State University.

Nitus has worked with the Commerce Ministry's International Trade Department for more than 10 years.

The Nation

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Afet names Nitus as its president

The Agricultural Futures Exchange of Thailand (Afet) yesterday formally announced its board of directors had appointed Nitus Patrayotin as president, replacing Napaporn Kurupasutachai.

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