The board of directors of The Siam Commercial Bank Public Company Limited resolved to approve the reorganization of the bank and appointment of the senior executives under the SCB transformation program, effective from February 5, 2019. Under the new management, the position of president and chief executive officer is changed to the position of chief executive officer and team of four presidents who are jointly responsible and accountable for the policies, strategies and key decisions of the bank is appointed. These members include Arthid Nanthawithaya as Director and Chief Executive officer, Orapong Thien-Ngern as President, Sarut Ruttanaporn as president, Arak Sutivong as President, Apiphan Charoenanusorn as President. In this connection, Orapong Thien-Ngern has tendered his resignation as the bank’s director, effective from February 5, 2019.