BAAC opens applications for new Managing Director

Post Today•Economy•38m ago

Reader Briefing

The Bank for Agriculture and Agricultural Cooperatives is seeking a new Managing Director to replace Chatchai by March 2027.

•The Bank for Agriculture and Agricultural Cooperatives (BAAC) is accepting applications for the position of BAAC Manager.
•Applications are open from now until December 11, 2026.
•Applicants must be Thai nationals, aged no more than 58 years on the application date, and hold at least a bachelor's degree.
•The new manager will replace Chatchai, whose term ends in March 2027.

•The Bank for Agriculture and Agricultural Cooperatives (BAAC) announced the recruitment of a person to be selected for the position of BAAC Manager.
•The application period for the BAAC Manager position is open from the announcement date until December 11, 2026.
•The recruitment is to find a replacement for Chatchai before the current term expires in March 2027.
•Applicants must be Thai nationals under 58 years old with a bachelor's degree from an institution certified by the Office of the Civil Service Commission (OCSC).
•Candidates from the public sector must have held a position no lower than the second-highest executive of an organization for at least 1 year.
•Private sector candidates must have been an executive no lower than the second-highest in an organization with annual revenue of at least 15,000 million baht or assets of at least 200,000 million baht for at least 1 year.
•The Bank for Agriculture and Agricultural Cooperatives (BAAC) prohibits applicants with histories of corruption, asset-related offenses, money laundering, or terrorism-related activities.
•Selected candidates must present a vision document regarding banking, economics, and community economy for consideration by the committee.

Full article content is available on the original source.

Bank for Agriculture and Agricultural Cooperatives(ธนาคารเพื่อการเกษตรและสหกรณ์การเกษตร)

The organization recruiting a new manager to replace Chatchai.

Office of the Civil Service Commission(สำนักงาน ก.พ.)

The body that must certify the educational institutions of the applicants.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The entity that defines political positions prohibited for applicants and grants exemptions for certain financial institution roles.

Chatchai(ฉัตรชัย)ℹ️

The current BAAC manager whose term ends in March 2027.

Financial Institutions Business Act 2008(พระราชบัญญัติธุรกิจสถาบันการเงิน พ.ศ. 2551)

The law referenced regarding the removal of directors or managers of financial institutions.

Payment Systems Act 2017(พระราชบัญญัติระบบการชำระเงิน พ.ศ. 2560)

The law specifying prohibited characteristics for applicants regarding honesty, reputation, and financial status.