Bank of Thailand - History

History

The Bank of Thailand (BOT) was first set up as the Thai National Banking Bureau. The Bank of Thailand Act was promulgated on 28 April 1942 vesting upon the Bank of Thailand the responsibility for all central banking functions. The Bank of Thailand started operations on 10 December 1942.

The Bank of Thailand Act, B.E.2485 was later amended in order to put emphasis on BOT’s social responsibility, to create a mechanism to guard against economic crisis, as well as to set up BOT’s decision making process to ensure good governance and transparency in the organization. Moreover, members of the public will be able to audit and increase the understanding of the BOT’s operations. The Bank of Thailand Act, B.E.2551 came into force with effect from 4 March 2008.

List of Governors of the Bank of Thailand

  1. H.H.Prince Vivadhanajaya (27 Nov.1942 - 16 Oct. 1946)
  2. Mr. Serm Vinicchayakul (17 Oct. 1946 - 24 Nov. 1947)
  3. Mr.Leng Srisomwongse (25 Nov.1947 - 2 Sept.1948)
  4. H.H. Prince Vivadhanajaya (3 Sept.1948 - 2 Dec.1948)
  5. Mr. Leng Srisomwongse (3 Dec.1948 - 3 Aug.1949)
  6. M.L. Dej Snidvongs (4 Aug.1949 - 29 Feb.1952)
  7. Mr. Serm Vinicchayakul (1 Mar. 1952 - 24 Jul. 1955)
  8. Mr. Kasem Sriphayak (25 Jul. 1955 - 23 Jul. 1958)
  9. Mr. Jote Guna-Kasem (24 Jul. 1958 - 3 May 1959)
  10. Dr. Puey Ungphakorn (11 Jun. 1959 - 15 Aug. 1971)
  11. Mr. Bisudhi Nimmanhaemin (16 Aug. 1971 - 23 May 1975)
  12. Mr. Snoh Unakul (24 May 1975 - 31 Oct. 1979)
  13. Mr. Nukul Prachuabmoh (1 Nov. 1979 - 13 Sep. 1984)
  14. Mr. Kamchorn Sathirakul (14 Sep. 1984 - 5 Mar. 1990)
  15. Mr. Chavalit Thanachanan (6 Mar. 1990 - 30 Sep. 1990)
  16. Mr. Vijit Supinit (1 Oct. 1990 - 1 Jul. 1996)
  17. Mr. Rerngchai Marakanond (13 Jul. 1996 - 28 Jul. 1997)
  18. Mr. Chaiyawat Wibulswasdi (31 Jul. 1997 - 4 May 1998)
  19. Mr. Chatu Mongol Sonakul (7 May 1998 - 30 May 2001)
  20. Mr. Pridiyathorn Devakula (31 May 2001 - 6 Oct. 2006)
  21. Mrs.Tarisa Watanagase (8 Nov. 2006 - 30 Sep. 2010)
  22. Mr. Prasarn Trairatvorakul (1 Oct. 2010 - Present)

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