Thai wealth management firms boost hiring as country's affluent count hits a high

Thai wealth management firms boost hiring as country's affluent count hits a high

CIMB's head of private banking Jittiwat Kantamala. Photographer: Brent Lewin/Bloomberg

When Jittiwat Kantamala gave up his job in Singapore as a private banker with Credit Suisse Group AG to return to Bangkok, he assumed he’d have to find a new position in a different area of the financial industry. To his surprise, he quickly found a role as the local private bank head at CIMB Group Holdings Bhd., one of several firms riding a boom in Thailand’s wealth business.

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