Thaicom Public Company Limited, announced that its board of directors has appointed Anant Kaewruamvongs as new Chief Executive Officer and Director of the Board, effective 1 May. Mr. Anant takes over from Mr. Paiboon Panuwattanawong who resigns from his positions as Director, Member of the Executive Committee and Chief Executive Officer, effective 1 May 2018.
"The Thaicom board of directors and I welcome Anant Kaewruamvongs as new CEO. We believe his extensive experience makes him the ideal candidate to lead the company as we navigate through the next stage of growth and diversification of our business. We are highly confident that Mr. Anant is the right person to lead and move Thaicom forward,” said Prasert Bunsumpun, Chairman of the Thaicom Board of Directors. “Mr. Paiboon’s contributions and dedication to the company, and the Thai satellite industry in particular have been immeasurable. During his career with Thaicom of more than 25 years, the company developed into a world-class, regional satellite powerhouse. We would like to thank Mr. Paiboon for taking on the challenge as CEO and for steering the company to new horizons. He and his leadership team have successfully embarked on a difficult restructuring process of our business and organization during difficult times for the satellite industry and Thaicom. We wish Mr. Paiboon all the best in his future endeavors.”
Anant Kaewruamvongs, new CEO of Thaicom, said: "I thank the Thaicom Board of Directors for their trust in me and support. I am excited to lead Thaicom into its next phase of development, building on the achievements of Mr. Paiboon and his team. Our focus will be on strong execution to advance and diversify our business. In order to meet the challenges head-on, our focus on business diversification will help deliver the business results expected by our shareholders.”
Anant Kaewruamvongs, aged 57, has over 30 years of experience in the IT and telecommunications sectors in Asia, where he has held several executive positions. He was the CEO and managing director of CS Loxinfo, a leading Thai IT solutions provider, from 2013 to 2018. Mr. Anant obtained a Master of Management from SASIN Graduate Institute of Business Administration.