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Siam Commercial Bank names director

Siam Commercial Bank PCL appointed Boontuck Wungcharoen to be a director on its board.

In response to media reports that Bank of Thailand nominated Boontuck as a director on the lender's board in charge of loan audits, Siam Commercial Bank clarified that it was the lender itself that nominated him to fill a vacant position on its board, based on his qualifications.

The appointment is subject to approval from the Bank of Thailand.