23 Dec 2020 17:02:00
Extension of Acting President & CEO Tenor
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 ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.