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Former IMF economist Veerathai to head Thailand's central bank

Published Tue, Jul 7, 2015 · 09:50 PM

Bangkok

VEERATHAI Santiprabhob, a former economist at the International Monetary Fund (IMF), has been named the new governor at the Bank of Thailand (BOT).

Mr Veerathai, 45, will take charge on Oct 1 after Prasarn Trairatvorakul steps down following a five-year term that ends on Sept 30. Finance Minister Sommai Phasee's selection received Cabinet approval on Tuesday and still needs a formal endorsement from the King, Minister of Justice Paiboon Koomchaya said.

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