Bangkok--26 Mar--Siam Commercial Bank
Dr. Vichit Suraphongchai, Chairman of the Executive Committee of the Siam Commercial Bank was selected by The Asian Banker as the sole recipient of its “Leadership Achievement Award for the Financial Services Industry in Thailand 2006.”
The Asian Banker is a research and intelligence company dedicated to providing incisive and up-to-date information and analysis on strategic developments in the financial services industry, and its Leadership Achievement award is the highest award available to individuals in the banking industry in the Asia Pacific region today.
The award assessment process was based on four inter-related criteria: financial performance, specific achievements, a well-communicated vision, and the ability to inspire co-workers. Award recipients were evaluated through a vigorous selection process conducted by a distinguished panel of global advisers led by Mr. William Seidman, former chairman of the Federal Deposit Insurance Corporation (FDIC) in the United States.
On accepting the award at The Asian Banker Achievement Awards 2006 ceremony held in Jakarta, Indonesia on March 25, 2007, Dr. Vichit acknowledged the support and contribution of the Siam Commercial Bank management team. He stated that the team had worked collectively over the last five years to implement an ambitious and far-reaching change agenda, leading to the Bank’s vision of being, “The Bank of Choice for its Customers, Shareholders, Employees, and the Community.”
Under Dr. Vichit’s exceptional leadership, the Bank has made dramatic progress in transforming its franchise through aggressive market share growth across all market segments, the effective deployment of technology and processes to support the growth, the revitalization of the Bank’s brand image, and the accelerated development of capabilities required to meet future challenges and to achieve the Bank’s mission of being recognized as Thailand’s “Premier Universal Bank.”
ABOUT SIAM COMMERCIAL BANK — With over 800 branches and 4,000 ATMs, Siam Commercial Bank PCL (SCB) has the largest branch and ATM network in Thailand. The Bank delivers universal banking products through seven business groups: Corporate Banking, Business Banking (SME client), Retail Banking, Business Cash Management, Treasury, Private Banking, and Special Assets. Also, the Bank has seven major financial services subsidiaries and affiliates: SCB Securities, SCB Asset Management, SCB Capital Services, SCB Quant Asset Management, Siam Commercial Leasing, Siam Commercial Samaggi Insurance, and Siam Commercial New York Life Insurance,. As at February 28, 2007, the Bank is the largest financial institution by market capitalization in Thailand and is ranked third by total assets. Established in 1906 as the first Thai bank, the Bank recently celebrated its 100th anniversary.
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