Krung Thai Bank Management

Management criteria checks 1/4

Krung Thai Bank's CEO is Payong Srivanich, appointed in Nov 2016, has a tenure of 7.42 years. directly owns 0% of the company’s shares, worth THB258.28K. The average tenure of the management team and the board of directors is 4.8 years and 2.4 years respectively.

Key information

Payong Srivanich

Chief executive officer

฿5.4m

Total compensation

CEO salary percentage	n/a
CEO tenure	7.4yrs
CEO ownership	0.0001%
Management average tenure	4.8yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO

Payong Srivanich (54 yo)

7.4yrs

Tenure

฿5,419,043

Compensation

Mr. Payong Srivanich serves as Independent Director at PTT Public Company Limited since April 9, 2021. He has been the President and Executive Director of Krung Thai Bank Public Company Limited (formerly k...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lavaron Sangsnit	Executive Chairman	less than a year	฿5.59m	no data
Payong Srivanich	President	7.4yrs	฿5.42m	0.00011% THB 258.3k
Krairit Euchukanonchai	Executive Vice Chairman	8.5yrs	฿6.70m	no data
Saranya Vejakul	CFO, Senior EVP & Head of Financial Management Group	4.8yrs	no data	no data
Chanchai Sinsuparatn	Senior EVP	no data	no data	no data
Kanok Suwanaratana	Senior VP & Department Head of Accounting Department - Financial Management Group	4.9yrs	no data	no data
Tawatchai Cheevanon	Senior EVP	no data	no data	no data
Kaival Pongnontakul	Senior Vice President of Investor Relations Department	8.7yrs	no data	no data
Pongsit Chaichutpornsuk	Senior EVP	3.5yrs	no data	no data
Krit Chamapisit	First Executive VP and Group Head of Communication & Branding Group	3.5yrs	no data	no data
Suppawat Wadhanapatee	Senior EVP and Group Head of Human Resources & Corporate Governance Group	7.5yrs	no data	no data
Tawan Pantawong	Executive VP of Equity Investment Sector & Director of Equity Investment Sector	no data	no data	no data

4.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: KTB's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lavaron Sangsnit	Executive Chairman	less than a year	฿5.59m	no data
Payong Srivanich	President	7.4yrs	฿5.42m	0.00011% THB 258.3k
Krairit Euchukanonchai	Executive Vice Chairman	8.5yrs	฿6.70m	no data
Thanwa Laohasiriwong	Independent Director	8.3yrs	฿5.54m	no data
Kittipong Kittayarak	Director	9.8yrs	฿5.54m	no data
Vichai Assarasakorn	Independent Director	6.4yrs	฿5.84m	no data
Jiraphon Kawswat	Independent Director	1.5yrs	฿2.93m	no data
Attapol Attaworadej	Non-Executive Director	less than a year	฿1.84m	no data
Teerapong Wongsiwawilas	Independent Director	3.3yrs	฿5.54m	no data
Virasak Sutanthavibul	Independent Director	less than a year	฿1.87m	no data
Nimit Suwannarat	Independent Director	less than a year	no data	no data
Pinsai Suraswadi	Director	less than a year	no data	no data

2.4yrs

Average Tenure

59yo

Average Age

Experienced Board: KTB's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Krung Thai Bank Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new directors

Less than half of directors are independent

Krung Thai Bank PCL Announces Board Changes

High number of new directors

Less than half of directors are independent

High number of new directors

Recent updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.87 per share

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Krung Thai Bank PCL Proposes Dividend for the Year 2023, Payable on May 3, 2024

Dividend increased to ฿0.87

High number of new directors

Price target decreased by 7.2% to ฿20.77

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Krung Thai Bank PCL Announces Board Changes

High number of new directors

Krung Thai Bank Public Company Limited to Report Q3, 2023 Results on Nov 14, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

High number of new directors

Now 21% undervalued

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.68 per share at 4.0% yield

Less than half of directors are independent

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Krung Thai Bank Public Company Limited Announces Resignation of Kulaya Tantitemit, Director, Member of the Risk Oversight Committee and Member of the Corporate Governance and Social Responsibility Committee, Effective from 1 January 2023

Now 20% undervalued

Now 21% undervalued

Krung Thai Bank Public Company Limited Announces Dividend

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Krung Thai Bank Public Company Limited Provides Update on Lawsuit

Krung Thai Bank PCL Ordinary Shares to Be Deleted from OTC Equity

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

AQ Estate Public Company Limited Announces Progress Report of the Civil Case against Krungthai Bank Plc

High number of new directors

High number of new directors

Upcoming dividend of ฿0.42 per share

AQ Estate Public Company Limited Announces Progress Report of the Civil Case against Krungthai Bank Plc

Full year 2021 earnings: EPS exceeds analyst expectations

Krung Thai Bank Public Company Limited, Annual General Meeting, Apr 08, 2022

Krung Thai Bank Public Company Limited Proposes Dividend on Ordinary Shares for the Year 2021, Payable on 6 May 2022

High number of new directors

High number of new directors

Third quarter 2021 earnings released: EPS ฿0.36 (vs ฿0.22 in 3Q 2020)

Executive Director Patricia Mongkhonvanit has left the company

Executive Director Patricia Mongkhonvanit has left the company

Executive Director Patricia Mongkhonvanit has left the company

AQ Estate Public Company Limited Reports on the progress concerning the dispute with Krung Thai Bank Public Company Limited

Second quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.27 in 2Q 2020)

Second quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.23 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.40 (vs ฿0.46 in 1Q 2020)

First quarter 2021 earnings released: EPS ฿0.40 (vs ฿0.46 in 1Q 2020)

Upcoming dividend of ฿0.28 per share

Krung Thai Bank Public Company Limited Announces Executive Changes

Krung Thai Bank Public Company Limited, Annual General Meeting, Apr 09, 2021

Full year 2020 earnings released: EPS ฿1.20 (vs ฿2.09 in FY 2019)

Revenue and earnings beat expectations

Krungthai Card Public Company Limited (SET:KTC) entered into an agreement to acquire 75.1% in Krung Thai Leasing Co., Ltd from Krung Thai Bank Public Company Limited (SET:KTB) for approximately THB 600 million.

Full year 2020 earnings released: EPS ฿1.20

Revenue and earnings beat expectations

Investor sentiment improved over the past week

New 90-day high: ฿12.20

Third quarter 2020 earnings released: EPS ฿0.22

Revenue beats expectations, earnings disappoint

Market bids up stock over the past week

New 90-day high: ฿10.30

Krung Thai Bank Public Company Limited Appoints Krisada Chinavicharana as the Chairman of the Board

Third quarter earnings released