SET boss Thirachai reportedly is angling for central bank's top post
Published on March 3, 2008
Finance Minister Surapong Suebwonglee yesterday dismissed as rumour reports he would replace Bank of Thailand (BOT) Governor Tarisa Watanagase with Stock Exchange of Thailand secretary-general Thirachai Phuvanatnaranubala.
"The report is merely a rumour. There is no truth in it," he said, referring to the BOT decision to lift the 30-per-cent withholding of capital reserve introduced by Tarisa as a reason for her transfer.
A highly placed source said Thirachai called former prime minister Thaksin Shinawatra a few times last week, putting himself forward as Tarisa's successor.
The source said Thirachai and Tarisa had been rivals since school and during their early careers at the BOT. Tarisa is well liked by BOT senior staff.
The source said Thirachai would have a good chance to serve as BOT governor because of the capital-reserve issue.
The measure was implemented by Tarisa and received support from two previous finance ministers. "Now it's a chance for Thirachai, because of his long and good relationship with the former prime minister," the source added.
Surapong said a joint BOT-Finance Ministry meeting on February 12 had decided that the central bank would lift the control. However, there was great concern about subsequent measures to curb the strengthening baht.
He said tax-related measures would be submitted to the Cabinet for initial approval tomorrow.
Meanwhile, Foreign Minister Noppadon Pattama is ringing the changes among top staff, including his permanent secretary and the country's ambassador to the United Kingdom, a source said yesterday.
The annual ministry reshuffle in April will involve permanent secretary Weerasak Futrakul and Kitti Wasinont, the ambassador in the UK, who was a ministry spokesman at the time of the coup.
Ambassador to the United States Krit Kanchanakunchorn has been appointed His Majesty's Deputy Principal Private Secretary and takes up the post on May 1.
Noppadon said on Saturday the reshuffle would be accountable and decided according to seniority, knowledge and competency.
Air Chief Marshal Chalit Pukbhasuk said officials being transferred must be told the reasons.
He said the Defence Ministry had rules and regulations determining tenure, and staff moved before time must be given reasons.
Chalit said he did not mind being moved. He will retire in six months.
He said it was not easy transferring high-ranking military officials, because it affected subordinates, too. "You cannot move anyone anywhere because it affects duties. If you move someone who cannot control soldiers, it is disastrous," he said.
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Published on March 3, 2008
Finance Minister Surapong Suebwonglee yesterday dismissed as rumour reports he would replace Bank of Thailand (BOT) Governor Tarisa Watanagase with Stock Exchange of Thailand secretary-general Thirachai Phuvanatnaranubala.
"The report is merely a rumour. There is no truth in it," he said, referring to the BOT decision to lift the 30-per-cent withholding of capital reserve introduced by Tarisa as a reason for her transfer.
A highly placed source said Thirachai called former prime minister Thaksin Shinawatra a few times last week, putting himself forward as Tarisa's successor.
The source said Thirachai and Tarisa had been rivals since school and during their early careers at the BOT. Tarisa is well liked by BOT senior staff.
The source said Thirachai would have a good chance to serve as BOT governor because of the capital-reserve issue.
The measure was implemented by Tarisa and received support from two previous finance ministers. "Now it's a chance for Thirachai, because of his long and good relationship with the former prime minister," the source added.
Surapong said a joint BOT-Finance Ministry meeting on February 12 had decided that the central bank would lift the control. However, there was great concern about subsequent measures to curb the strengthening baht.
He said tax-related measures would be submitted to the Cabinet for initial approval tomorrow.
Meanwhile, Foreign Minister Noppadon Pattama is ringing the changes among top staff, including his permanent secretary and the country's ambassador to the United Kingdom, a source said yesterday.
The annual ministry reshuffle in April will involve permanent secretary Weerasak Futrakul and Kitti Wasinont, the ambassador in the UK, who was a ministry spokesman at the time of the coup.
Ambassador to the United States Krit Kanchanakunchorn has been appointed His Majesty's Deputy Principal Private Secretary and takes up the post on May 1.
Noppadon said on Saturday the reshuffle would be accountable and decided according to seniority, knowledge and competency.
Air Chief Marshal Chalit Pukbhasuk said officials being transferred must be told the reasons.
He said the Defence Ministry had rules and regulations determining tenure, and staff moved before time must be given reasons.
Chalit said he did not mind being moved. He will retire in six months.
He said it was not easy transferring high-ranking military officials, because it affected subordinates, too. "You cannot move anyone anywhere because it affects duties. If you move someone who cannot control soldiers, it is disastrous," he said.
The Nation
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