The German bank has appointed a new Thailand head to replace a predecessor who left last year.
Deutsche Bank is to name Pimolpa Suntichok as its new chief country officer for Thailand, filling a vacancy left when predecessor Phumchai Kambhato left the German lender last year, this publication can confirm.
Suntichok is due to take on the role, and that of head of the financial and solutions group for Thailand. She will report to Werner Steinmueller in her country management capacity and to Sreenivasan Iyer for her FSG responsibilities.
Suntichok was previously senior executive vice president serving as the head of commercial banking solutions at Siam Commericial Bank, the Thai commercial bank. She brings over 20 years of experience in banking, having worked at Bangkok Bank, Jardine Fleming Thanakom Securities, Fitch Ratings (Thailand), and Standard Chartered Bank (Thailand). She joined SCB in 2008.
Deutsche Bank is in discussions about a possible merger with rival German lender Commerzbank, seen as a way for the lender to bolster its financial position after what has been a tough period for results.