11 July 2024

Former Transport Minister Arkhom Termpittayapaisith has been named as Thailand’s new Finance Minister, succeeding Mr. Pridi Daochai, who resigned on September 1st after only 20 days in the office.


An informed Government source said that Prime Minister Prayut Chan-o-cha has already submitted Mr. Arkhom’s name to His Majesty the King for Royal approval.

Mr. Arkhom was appointed Deputy Transport Minister in August 2014, serving in the Government of Prime Minister Prayut and, a year later, was promoted to Transport Minister.

He has been a member of the National Economic and Social Development Board since 1979 and held a series of directorship in Thailand’s economic think-tank until 2010, when he was appointed the NESDB’s Secretary-General.

During his career at the NESDB, he also held several other positions, due to his wide range of expertise, serving as the Chairman of the Bank of Thailand’s Risk Management Committee, a member of the Monetary Policy Committee, Board of Investment, National Science and Technology Development Board, National Environment Board, Royal Police Cadet Academy’s Council and Civil Service Commission.

Mr. Arkhom graduated with a BA in Economics from Thammasat University and a Master’s Degree in Development and Economics from Williams College in the United States.

Tags: ex-transport minister, Arkhom Termpittayapaisith