SCB stresses that it, and not the BOT, nominated Boontuck Wungcharoen to serve on its board

Corporate June 04, 2018 17:09

By The Nation

Siam Commercial Bank (SCB) on Monday denied the accuracy of recent media reports that the Bank of Thailand (BOT) had nominated Boontuck Wungcharoen to serve as a member of SCB’s board of directors, in charge of loan audits.


The commercial bank said that it was in fact the party nominating Boontuck to fill a vacant position on its board, based on his qualifications, and that the nomination was currently under consideration by the central bank.

It dismissed reports of the BOT having nominated Boontuck as groundless.

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