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Bangkok Bank employees pose at a promotional event in Bangkok. Over 70% of the bank's new recruits last year were women. (Photo by Ken Kobayashi)
Business

Why there are so many women at Thai banks

Thailand's female-heavy demographics are shaping its workforce

KENTARO IWAMOTO, Nikkei staff writer | Thailand

BANGKOK -- For seven decades, Kasikornbank had never had a female president. That changed last year when Kattiya Indaravijaya was promoted, joining a team of presidents at Thailand's third-largest bank by assets. And if national demographics and the company's employee profile are any guide, chances are she will not be the last: Kasikornbank has twice as many female employees as male.

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