Thailand: Philip Tan becomes acting group CEO of Intouch Holdings

Somprasong Boonyachai (left) and Philip Chen Chong Tan (right).

Intouch Holdings Plc (INTUCH) has appointmented Philip Chen Chong Tan as acting group chief executive officer in place of Somprasong Boonyachai, who retired at the end of last year. The appointment has been effective since January 1, 2016.

Tan has been a senior executive with a successful professional track record for more than 27 years in the United States and Thailand. Before this promotion, Tan was INTUCH’s president since November 2015.

“This is indeed a very exciting and challenging role, and a very significant opportunity for me to lead an organisation that can make a lot of contributions to our society and Thailand as a whole,” the acting G-CEO said in the statement. “I believe in principles of good Corporate Governance and will continue in the path already set forth to ensure we are in compliance and continue to deliver higher quality and standards for INTUCH, fueling growth, prosperity and future successes.”

Tan has worked at companies such as AT&T in Thailand and Bell Labs, and successfully crossed into the financial services sector with GE Capital. He was one of the pioneering team members who established GE Capital’s presence in Thailand.

Before joining INTUCH, Tan was Head of Retail and Consumer Banking, overseeing the entire retail banking and consumer financing business in BAY Group. He was also an executive director at BAY as well as chairman of the board at six of its subsidiaries.

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