Credit Suisse today announced that Natt Thanomsat has been appointed as Head of Wealth Management Thailand effective March 20, 2019. Mr. Natt is based in Bangkok and will lead the team of Investment Planners. He will report to Marcus Slöör, Market Group Head Thailand and Vietnam, Private Banking South Asia, and locally to Chris Prasertsintanah, Thailand Country Manager.
Mr. Natt will take over from Ms. Thippa Praneeprachachon who will retire after more than three decades in the private banking industry with effect from March 31. Ms. Thippa will continue to support Credit Suisse as a Senior Advisor for its Wealth Management franchise in Thailand to help develop business and client opportunities.
Mr. Natt joins Credit Suisse from Citi Thailand where he was the Head of Thailand Equities and Head of Sales at Citicorp Securities. He has more than 15 years of experience in financial services in Singapore and Thailand with JP Morgan, Morgan Stanley and Goldman Sachs, with an established track record in driving businesses and sales and developing client relationships. Prior to joining the financial industry, Mr. Natt had a successful engineering career at major technology companies in the US. He holds Master of Science and MBA degrees from the Massachusetts Institute of Technology.
Mr. Slöör said, “We are delighted to have Mr. Natt lead our local wealth management business in Thailand. Mr. Natt will continue to drive our wealth management business, building on the foundation Ms. Thippa has built since joining Credit Suisse in June 2016. Since launch, our Thailand Wealth Management business has recorded strong growth with Assets under Management increasing more than tenfold, while the size of the local Wealth Management Team doubled in 2018.”
Mr. Chris said, “This appointment further underscores our commitment to grow our Thailand wealth management franchise, and to deliver comprehensive solutions to our Thai clients for both their personal wealth and their businesses, as they increasingly look to diversify their assets and expand their businesses.”
Re-disseminated by The Asian Banker