Bank of Ayudhya PCL says Seiichiro Akita has been appointed Krungsri’s president and CEO.
With over three decades of experience in the commercial banking industry, Akita’s achievements at MUFG Bank have been “outstanding”, Krungsri said.
Prior to joining Krungsri, Akita served as the MUFG Bank chief in New York and in management roles while holding MUFG’s key positions in the US and Japan, with responsibilities for corporate customer relations, mergers and acquisitions finance, corporate planning and global strategies of MUFG.
"With his vision, experience and leadership, Akita will take Krungsri to the next level towards sustainable growth, delivering on the Krungsri’s medium-term business plan and navigating Krungsri to achieve its aspiration to become a top-tier financial group in Thailand,” the bank said.
Akita graduated in law from Keio University, Tokyo and a took a masters in management from Arthur Little School of Management in Boston.
Krungsri said it was the fifth largest financial group in Thailand in terms of assets, loans and deposits, and one of Thailand’s five "Domestic Systemically Important Banks" (D-SIBs).