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Cabinet to consider Kittiratt’s selection as central bank chairman

Cabinet to consider Kittiratt’s selection as central bank chairman

13 Sept 10:53 Key points summarised by AI
  • The Thai Cabinet is set to consider the nomination of former finance minister Kittiratt Na-Ranong as chairman of the Bank of Thailand's board this Friday.
  • Finance Minister Pichai Chunhavajira has approved Kittiratt's selection and forwarded it to the Cabinet for review.
  • The appointment faces significant opposition from academics and former central bank staff, who express concerns that Kittiratt's strong ties to the ruling Pheu Thai party could compromise the central bank's independence and lead to political interference.
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