SCB Julius Baer Securities Co, the wealth management joint venture between Siam Commercial Bank and Julius Baer, has appointed Peerapong Jirasevijinda as its new CEO.
Current CEO Lalitphat Toranavikrai will remain a member of the board of directors of SCB Julius Baer, the firm said in a statement.
Jirasevijinda (pictured) was most recently CEO of BBL Asset Management, a position he has held since 2017, and he previously worked at Phatra Thanakit Finance and Securities and MFC Asset Management.
“We are extremely pleased to announce the appointment of Peerapong as the new chief executive officer. Peerapong is a seasoned executive in the financial investment sector, with over 27 years of experience in capital markets, having deep expertise in the national mutual fund industry covering all aspects of wealth management,” said Kris Chantanotoke, chief executive officer of Siam Commercial Bank.
“We are confident that under Peerapong’s leadership, he will be able to drive growth and achieve the goals set for the wealth management business of SCB Julius Baer, cementing our position as the wealth management leader in Thailand
“I am delighted to have Peerapong lead our business going forward and would like to express my deepest appreciation to Lalitphat who grew our business into the largest foreign private bank in Thailand today. Peerapong will leverage his extensive background and network in financial investment to further drive growth for SCB Julius Baer,” said Jimmy Lee, regional Asia head at Julius Baer.
