The Siam Commercial Bank Public Company Limited announced that Mr. Sarut Ruttanaporn, presently serving as President of the Bank and Chief Executive Officer of Card X Company Limited, will step down as President of the Bank, effective from 31 July 2022. Mrs. Apiphan Charoenanusorn, currently holding the position of President of the Bank and Chief Executive Officer of Auto X Company Limited, will step down as President of the Bank, effective from 31 July 2022. Mr. Arak Sutivong, currently serving as President of the Bank and Chief Executive Officer of SCB Securities Company Limited, will step down as President of the Bank, effective from 31 July 2022.