SCB

Editorial team

Siam Commercial Bank names Pornpat Ongnithiwat new CFO, effective February 1, 2023

Siam Commercial Bank (SCB) aspires to be the main pillar of the SCBX Financial Group, focusing on delivering superior returns with rigorous risk control, appropriate management of operating costs.

The Bank's strategies and business plans are ready for fast-changing consumer behavior in the digital age.

Effective February 1, 2023, SCB will be appointing Ms. Pornpat Ongnithiwat as first executive vice president, chief financial officer. She will be a driving force in the bank's efforts to attain this objective efficiently.

Effective February 1, 2023, SCB will be appointing Ms. Pornpat Ongnithiwat as first executive vice president, chief financial officer.

The new CFO will play a significant role in co-developing the Bank's strategic plan and business direction, developing financial strategies, conducting assessment and management of financial indicators, and advising the management team and board of directors on the bank's finance and accounting matters.

In addition to her knowledge and expertise in finance and investments, Ms. Ongnithiwat has been recognized as an expert in a variety of areas, such as strategic and business process development, mergers and acquisitions, investor relations, risk management, business and competition analysis, and more. She has experience as a leader in preparing strategic plans and action plans for the Pruksa Holding Group, covering real estate plans, health care business, investment, and analyzing and forecasting earnings, as well as making recommendations and adjusting strategic alignment within the group to achieve its objectives.

Prior to joining SCB, Ms. Pornpat as deputy group chief financial officer at Pruksa Holding Public Company Limited and group chief financial officer at Pruksa Real Estate Public Company Limited and held several financial and investment management positions at PepsiCo Group companies, such as PepsiCo Asia in Hong Kong and Suntory PepsiCo in Vietnam. Additionally, she has worked with P&G and KPMG.

Ms. Ongnithiwat earned a bachelor's degree in Finance and Banking from the Faculty of Business Administration at Assumption University and a Master's degree in Marketing (International Program) from Thammasat University. She was also enrolled in the Master of Science in Business Administration program at the Rotterdam School of Management, Erasmus University.