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Thailand : ABERDEEN ASSET MANAGEMENT announces New CEO to head Thailand

June 30, 2014

Aberdeen Asset Management announced the appointment of Korawut Leenabanchong as its new chief executive, after the departure of Sujaree Junsawang, former director of finance and operations and acting country head.

Leenabanchong will assume the new role from 1st July with responsibilities for shaping the company s strategy with a focus on new business development. He will work closely with CIO Adithep Vanabriksha and report to Ian Macdonald, director in Singapore.

Prior to join Aberdeen Asset Management, he served at UOB Asset Management as chief investment officer.

This appointment signals our confidence in the Thai market, where we see exciting potential especially in the distribution of mutual funds via local retail banks, and in provident funds as more companies outsource their pension arrangements, said Hugh Young, Aberdeen Asset Management Asia s managing director in Singapore.

Leenabanchong holds over two decades of industry experience and his stints include handling various roles at companies such as Tisco Asset Management and Dresdner Kleinwort in Bangkok.

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Source: TendersInfo (India)

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