BANGKOK -- Prime Minister Prayuth Chan-ocha’s economic adviser and member of the monetary policy committee Sethaput Suthiwart-Narueput has been picked to be the next governor of Thailand’s central bank, tasked with boosting an economy hammered by the coronavirus pandemic.
The Thai cabinet endorsed Sethaput’s nomination by Deputy Finance Minister Santi Promphat on Wednesday. His appointment now needs the approval of King Maha Vajiralongkorn, a formality. Sethaput, 55, is scheduled to assume office on Oct. 1, the day after incumbent Gov. Veerathai Santiprabhob’s term ends.