Thailand

Kasikornbank’s business model rests on three basic fundamentals of a strong management team, well-trained employees and good corporate governance. The bank’s management team had to act decisively during the Asian banking crisis. In today’s environment, the task is to respond quickly with new strategies, formulate a foundation of knowledge, advanced technology and proactive management. “The bank’s employees are the result of a continuing process of human resources development spanning almost 60 years. It is clearly proven that the knowledge, skills, experience and professionalism of the staff will remain the major driving force behind the organisation to lead the market with innovative banking products and strategic movements, says CEO Banthoon Lamsam. “Kasikornbank has emphasised transparency by putting concepts of good corporate governance into practice. Transparency and ethics make for professionalism. The bank takes great pride in its knowledgeable and independent directors who constitute a majority of the board. “The board members and management team share the same vision and values driving toward maximising long-term shareholder value. We are confident that without compromising our three main fundamentals, the bank will meet the challenges of the future with great enthusiasm.”