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Banthoon Lamsam

Banthoon Lamsam (Thai: บัณฑูร ล่ำซำ; RTGS: Banthun Lamsam), or nicknamed Pan (ปั้น); Chinese: 伍萬通; born 15 January 1953 is a Thai business executive and the successor to the family business, Lamsam. He is the son of Bancha Lamsam and Thanphuying Sam-aungvarn Lamsam. The Lamsam family is one of the wealthiest and most powerful families in Thailand. Bantoon is Lamsam 5th generation and heading family's banking and insurance flagship. He is currently the Chairman of the Board and Chief Executive Officer of Kasikornbank, the top financial service provider group in Thailand.

Early life
Banthoon Lamsam was born on 15 January 1953, son of Bancha Lamsam and Thanphuying Sam-aungvarn Lamsam (maiden name Mom Rajawongse Sam-aungvarn Devakula; daughter of Prince Priditheppong Devakula and Mom Rajawongse Sa-ang Pramoj). Bantoon has two younger sisters. Bantoon is a grandson of Choti Lamsam who founded Kasikornbank in 1945 as Thai Farmers Bank. Banthoon graduated from Saint Gabriel's College and Srinakharinwirot University Prasarnmit Demonstration School. He studied at Phillips Exeter Academy from 1967 to 1971 before going on to earn a bachelor's degree in chemical engineering from Princeton University and a masters of business administration (MBA) from Harvard Business School (HBS). After the 1997 Asian financial crisis (known as วิกฤตต้มยำกุ้ง, literally translated as Tom Yam Kung crisis), he was the first to introduce the term "reengineering" to Thailand's banking industry. The Lamsam family became a minority shareholder of Kasikornbank. Banthoon Lamsam is an important contributor to the Democratic Party. Banthoon was skeptical of the country's economic policies during Pol. Lt. Col Thaksin Shinawatra's term as the prime minister of Thailand, and it was rumored that he had been approached by the Democratic Party for the position of the party leader in 2004. In 2002, Banthoon became president and CEO of TFB. In 2003, he changed the logo and name of the bank from Thai Farmers Bank (TFB) to the current name, Kasikornbank (KBank), improvising Chinese characters style into the logo, "K". Banthoon Lamsam's leisure pursuits are playing the saxophone and canoeing. He is a staunch feng shui believer. == Current profession ==
Current profession
• Chairman of the Board (2013) and Chief Executive Officer (since 1991), KASIKORNBANK PLC • Director of Pukha Holdings, Pukha Realty, Pukha Go, Pukha Nanfa Hotel • Chairman and Manager, Mahamakuta Rajavidyalaya Foundation under Royal Patronage • Treasurer, Wat Bovoranives Vihara and Wat Nyanasamvararam Varamahavihara Buddhist Monasteries == Work experience ==
Work experience
1977 Directorate of Joint Intelligence, Ministry of Defense 1979 International Banking Department, Thai Farmers Bank 1986 First Vice President, International Banking Department, Thai Farmers Bank 1987 Senior Vice President, Domestic Banking Department, Thai Farmers Bank 1990 First Senior Vice President, Thai Farmers Bank 1991 Executive Vice President, Thai Farmers Bank 1992 President, Thai Farmers Bank 1998-2000 Chairman, Thai Bankers Association 2002 President and Chief Executive Officer, Thai Farmers Bank 2003 Chief Executive Officer, KASIKORNBANK PLC 2010 Chief Executive Officer and President, KASIKORNBANK PLC 2013 Chairman of the Board and Chief Executive Officer, KASIKORNBANK PLC == Decorations ==
Decorations
Banthoon has received the following royal decorations in the Honours System of Thailand: • 2007 - Thutiya Chunlachomklao, The Most Illustrious Order of Chula Chom Klao, Knight Grand Commander (Second Class, Lower Grade) • 2003 - Tatiya Chunlachomklao Wiset, The Most Illustrious Order of Chula Chom Klao, Grand Companion (Third Class, Upper Grade) == Awards ==
Awards
2014 Business Person of the Year 2014 by Krungthep Turakij 2011 Asian Corporate Director Recognition Award 2011 by Corporate Gove 2010 THE QFC-ASIAN BANKER LEADERSHIP ACHIEVEMENT AWARD 2009 Banker of the Year, Money & Banking Magazine 2003 Best CEO 2003, Stock Exchange of Thailand Awards 2003 2000 Star of Asia, Business Week Magazine 1999 Banker of the Year, Interest Magazine 1999 Banker of the Year, Money & Banking Magazine 1998 Banker of the Year, Interest Magazine 1994 Banker of the Year, Money & Banking Magazine == Other activities ==
Other activities
• Chairman, Thai Bankers Association (1998-2000) • Chairman and Manager of the Maha Makut Buddhist University Foundation • Member of the Thai Red Cross Society Council • Member of the Sai Jai Thai Foundation Committee • Member of Sasin Graduate Institute of Business • Administration Steering Board, Chulalongkorn University • Abbot Assistant of Wat Bovornivesviharn, Kwang Bovornives Phra Nokorn, Bangkok • Abbot Assistant of Wat Yannasangvararamvoramahaviharn, Huay Yai, Bang Lamung, Chonburi • Ordained as a Buddhist monk for 3 months in 1977 at Wat Bovoranives Vihara • Ordained as a Buddhist monk for 15 Days in 2004 at Wat Yansangwararam == References ==
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