Top Thai banker wants to retire, seeks successor
He is spending more time in his rural home than running Kasikornbank in Bangkok
Bangkok
THESE days, the head of Thailand's Kasikornbank Pcl spends much of his time saving trees in the remote province of Nan and promoting his romance novel, rather than running the country's second-largest lender in Bangkok.
"I have the forest to worry about," Banthoon Lamsam, who as chief executive officer took over 25 years ago from his father, said in a March interview at his teak home, built according to the influence of fengshui and characters from his 600-page book, on nine wooded acres near the Lao border where he has moved his official household registration.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Jack Ma-backed Ant’s profit fell 19% as regulations curb growth
Warburg Pincus is relocating a New York dealmaker to Singapore
China extradition worries grow for convicted money launderer deported to Cambodia
Coinbase investigating system outage as crypto prices slide
Blackstone-led consortium eyes snacks business of India’s Haldiram’s: sources
Japanese bond yields climb to decade highs on BOJ policy bets