SME Bank Board appoints “Pichit Mitrawong” as Managing Director.

Bangkok: The Board of SME Development Bank has resolved to appoint Luk Pichit Mitrawong as 'Managing Director' effective June 4, 2024 onwards. The Board of Directors of the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) or SME D Bank has approved the appointment of Mr. Phichit Mitrawong as "Managing Director" with approval from the Bank of Thailand (SME D Bank). T.) and the Ministry of Finance finished Effective from June 4, 2024 onwards. Mr. Phichit Mitrawong, currently 57 years old, is considered a suitable person to hold the position of Managing Director. With qualifications and continuous experience in managing financial institutions Starting from working in a private bank for over 14 years, taking care of loan and deposit administration. Before working with SME Bank from 2002 until the present Starting as the policy loan group manager, until 2021 he was appointed deputy managing director. Responsible for the credit analysis and operations group. and supervise the Managing Directo r's Office another agency Before being appointed as Managing Director of SME Development Bank Throughout his 22 years of working at SME Development Bank, Mr. Pichit has played an important role in driving the organization's various works to achieve their goals continuously. Especially in developing loan products that understand SME entrepreneurs. and is the mainstay in preparing and managing loan projects in accordance with government policy, such as the SME Development Fund loan project in line with the Pracharath principle. of the Ministry of Industry A total budget limit of 20,000 million baht and the Small and Medium Enterprises Promotion Fund (OSMEP) a total budget limit of 5,000 million baht, etc. during his tenure as Deputy Managing Director. Able to manage non-performing loans (NPLs) significantly, and also playing an important role in driving the Bank's Core Banking System (CBS) to success. Source: Thai News Agency