Bangkok--10 May--SSI
The Board of Directors, executive officers, and managers of Sahaviriya Steel Industries Public Company Limited or SSI and other companies of Sahaviriya Group led by Mr. Wit Viriyaprapaikit, Chief Executive Officer of Sahaviriya Group, and Chairman of the Board of Executive Directors of SSI, jointly bade the courtesy farewell to Dr. Maruey Phadoongsidhi on the completion term of Chairman of SSI.
Dr. Maruey Phadoongsidhi has joined Sahaviriya Group after he retired from the position of Managing Director of the Stock Exchange of Thailand since 1993 until April 2011. Throughout 19-year period, Dr. Maruey has greatly contributed benefactions to SSI and Sahaviriya Group. He provided many visionary directions and put his best efforts on leading Sahaviriya Group. He also played important roles to lead the group to overcome many economic crisis, such as Baht depreciation crisis in 1997 and recent sub-prime crisis of the United States of America. Thanks to his brilliant steering, the business of the Group becomes strong today and can successfully expand its business to upstream steel industry, Sahaviriya Steel Teeside in UK.
Besides, Dr. Maruey also has advocated importance on Bangsaphan communities where Sahaviriya Group operates its business by formulating policies based on community and social responsibilities and conducting business by adhering to good corporate governance. He initiated many projects by taking into considerably sustainable development means which emphasizing on promotion and development of the social deprived opportunity people and community activities with participation from all sectors, i.e. the company, officers, local people and related agencies. Those activities include education development, promotion & conservation of environment, career development, health & hygienic promotion and religions & cultural preservation. He demonstrated strong intention to be a good citizen and has been trusted by Bangsaphan people and the stakeholders for his aims to strengthen the community and society, so they can lead a happy way of life.