Economics

Bank of Thailand’s Governor Won’t Seek a Second Term

  • Current Bank of Thailand head rules himself out of second term
  • Next chief must craft policies to fight a steep economic slide
Veerathai SantiprabhobPhotographer: Luke Duggleby/Bloomberg
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A new governor will take on the task of shaping Bank of Thailand policy for the Covid-19 induced economic crash after incumbent head Veerathai Santiprabhob decided against seeking a second term.

Veerathai for family reasons won’t apply for another five years at the head of the central bank, Assistant Governor Chantavarn Sucharitakul said in a statement on Monday. He’ll ensure a smooth transition when his term ends in September, she said.