The Crown Property Bureau (CPB)(Thai: สำนักงานทรัพย์สินส่วนพระมหากษัตริย์) is a Thai quasi-government agency responsible for managing the property of the Crown of the Kingdom of Thailand, supervised by a board, which is chaired by the Finance Minister of Thailand. This property does not belong to the King in his private capacity, but to the Monarchy as an institution which continues from reign to reign. The CPB recorded over 5 billion baht in earnings in 2004. The CPB is headed by Chirayu Isarangkun Na Ayuthaya. CPB Property Co., Ltd. and CPB Equity Co., Ltd., both subsidiaries of the Bureau, are headed by Michael David Selby. During the late 1980s, the CPB had 600 employees, of which 90% were devoted to managing the Bureau's massive real estate holdings.
Read more about Crown Property Bureau: Background, Mission, Policy Thrust and People, Real Estate Management, Sustainable Development, Corporate Social Responsibility
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