Vitai Ratanakorn to manage monetary policy as economy faces headwinds
Vitai Ratanakorn, president and CEO of the state-run Government Savings Bank, has been appointed as the next governor of the Bank of Thailand. (Source photos by Lauren DeCicca and screenshot from Government Savings Bank’s website)
YUICHI NITTA
July 22, 2025 14:09 JST
Updated on July 22, 2025 14:41 JST
BANGKOK — The Thai cabinet on Tuesday approved Vitai Ratanakorn, who currently runs a state-owned bank, as the next governor of the Bank of Thailand, taking office on Oct. 1.
Finance Minister Pichai Chunhavajira proposed Vitai to Tuesday’s cabinet meeting, and the pick was approved without objections, a government spokesperson told reporters.
