Thailand Picks Capital Markets Veteran Pichai as Finance Chief

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Pichai Chunhavajira,Srettha Thavisin

(Bloomberg) -- Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that...

-- Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that may ease tensions between the premier and the central bank over monetary policy.Pichai was also named as deputy prime minister with immediate effect in a cabinet reshuffle announcement published in the Royal Gazette on Sunday.Srettha relinquished the post of finance minister in the reshuffle. The new finance chief was previously an adviser to the premier.

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Thai Bourse Chair Quitting Seen as Prelude to Finance Chief PostThe Stock Exchange of Thailand Chairman Pichai Chunhavajira has resigned in a move seen foreshadowing his possible designation as the country’s finance minister.
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