News Detail

Date/Time
23 Dec 2020 17:02:00
Headline
Extension of Acting President & CEO Tenor
Symbol
CIMBT
Source
CIMBT
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                Change of director/Executive

-Translation-

Ref. CIMBT. OFP. 189/2020

23 December 2020

Subject: Extension of Acting President & CEO Tenor
To:    The President
    The Stock Exchange of Thailand

We would like to refer you to the special meeting no. 1/2020 of the Board of 
Directors of CIMB Thai Bank Plc. (the "Bank") held on 18 June 2020 approving the
appointment of Mr. Sutee Losoponkul as Acting President & CEO to replace Mr.
Adisorn Sermchaiwong, Director and President & CEO, who notified the Bank of his
resignation with effect from 1 September 2020, as duly notified to the Stock
Exchange of Thailand.

To ensure continuity of the Bank's business administration while the recruitment
of a qualified candidate for the President & CEO position is underway, the
Bank's Board of Directors at its meeting no. 11/2020 held on 25 November 2020
resolved to approve an extension of the tenor of Mr. Sutee Losoponkul as Acting
President & CEO earlier scheduled to end on 31 December 2020 until the
completion of the above recruitment process. The approval of the tenor extension
was accordingly sought from the Bank of Thailand pursuant to relevant
regulatory criteria.
 
Please be informed that the Bank of Thailand has approved the extension of the 
tenor of Mr. Sutee Losoponkul as Acting President & CEO as requested. The
approval shall take effect from 22 December 2020.

    Please be informed accordingly.

                                   Sincerely yours,

                                     -Signature-

                                For (Patima Jumpasut, Mrs.)
                                                              Company Secretary
                

Company Secretary Unit
Office of the President
Tel. +662 638 8287
______________________________________________________________________
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