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.
