Bangkok: The Stock Exchange of Thailand (SET) is advancing its Jump+ project to enhance transparency and investor communication, aiming to bolster listed companies' economic value creation. Meanwhile, TISCO Group has revealed a three-dimensional plan focusing on business, governance, and environmental initiatives, leveraging artificial intelligence (AI) to upgrade services with a target Return on Equity (ROAE) of 15-17%, while steering the organization towards sustainable long-term growth.
According to Thai News Agency, Mr. Assadej Kongsiri, President and CEO of the Stock Exchange of Thailand (SET), highlighted that the JUMP+ project is critical for increasing confidence in the Thai capital market, aspiring to become "The Trusted Gateway to Inclusive Opportunities." This initiative empowers listed companies to drive economic growth and transparently communicate their business and investment plans to investors, enhancing market confidence. TISCO Group's involvement illustrates its board's dedication, setting a positive example for the financial sector. Mr. Kongsiri emphasized collaboration with internal and external SET agencies to elevate the Thai capital market and strengthen the economy long-term. Currently, 144 listed companies participate in the JUMP+ project.
Mr. Sakchai Peechapat, CEO of TISCO Financial Group Public Company Limited, disclosed that TISCO Group's participation in the JUMP+ project reflects its commitment to quality, transparent, and stable growth for shareholders and stakeholders. The project encompasses three key dimensions: Business Growth Plan, Governance Plan, and Climate Action, forming the foundation for sustainable growth.
TISCO Group's strategic business direction focuses on leveraging AI to enhance operational efficiency and customer service. The aim is to achieve a ROAE of 15-17% by 2028. The strategy includes AI-driven initiatives like the 'Pee Roo Dee AI Virtual Coach,' an intelligent assistant system for consistent customer service across branches. Additionally, integrating AI into wealth management will provide personalized financial planning and improve retirement readiness, addressing Thailand's aging population.
In governance, TISCO Group aims to raise corporate governance standards for increased transparency and accountability. The goal is to have over 50% of the board as independent directors by 2026, surpassing current requirements. The group is also expanding anti-corruption measures and preparing to implement a Responsible AI Reporting Framework to ensure governance accuracy and transparency.
Environmentally, TISCO Group focuses on enhancing energy efficiency and reducing greenhouse gas emissions through solar panel installations and converting vehicles to electric. These efforts are complemented by promoting green financing and reforestation projects to increase green spaces nationwide, aiming to meet greenhouse gas reduction goals.
Mr. Sakchai stated that participating in the JUMP+ program not only enhances TISCO's organizational approach but also demonstrates the company's commitment to improving the Thai capital market, creating sustainable value for all stakeholders under principles of good governance and responsible business practices.