TMB Bank Public Company Limited announced the appointment of Mrs. Saowanee Kamolbutr, currently a Board member, as Chairperson of the Board of Directors effective from 18 December 2009. With this appointment, Mrs. Kamolbutr became the first woman head of a bank in Thailand.
Mrs. Kamolbutr, 57, attended Thammasat University and graduated with a Bachelor’s and Master’s degree in Political Science. She received high-level executive training from a number of reputable institutions and has served in the Ministry of Finance her entire working career, holding a number of key positions, including Head of the Special Task Force on “Good Service for Tax Payers”, Head of the Revenue Department’s Reengineering Team, Deputy Director-General of the Revenue Department, and Ministry of Finance Inspector-General. Currently, she is a Ministry of Finance Deputy Permanent Secretary.
Founded on 8 November 1957, TMB Bank Pcl. operates a commercial banking business under a license granted by the Ministry of Finance, and with consent given by the Bank of Thailand. It also operates a securities business licensed by the Ministry of Finance and agreed to by the Securities Exchange Commission.
TMB aims to respond to the needs of its clients through its 486 branch network, 104 foreign exchange centers, 2,257 ATMs, as well as electronics banking systems. Its business encompasses commercial banking, offshore banking, investment banking, and other businesses as permitted by the regulatory authorities, including acting as an insurance agent for its alliance insurance companies.
Listed on the Stock Exchange of Thailand, TMB is the sixth largest bank, by total assets, in Thailand. As at 31 December 2009, its total assets are valued at THB 541,637 million.