The Board of Directors of Kiatnakin Bank Public Company Limited at a meeting held on September, 27, 2018, passed important resolutions as follows: approved the appointment of Mr.Philip Chen Chong Tan as the Bank's President, as proposed by the Nomination and Remuneration Committee. He will be responsible for the assigned groups in the Commercial Banking Business, replacing Mr.Aphinant Klewpatinond, who is currently the Chief Executive Officer and the President. This appointment has been approved by the Bank of Thailand and will be effective from October 1, 2018 onwards. After the appointment of Mr.Philip Chen Chong Tan as the President, Mr.Aphinant Klewpatinond will still hold the positions as the Bank's Director and Chief Executive Officer as well as the Chief Executive Officer of Phatra Capital Public Company Limited and Phatra Securities Public Company Limited, taking charge of the overall business operation of Kiatnakin Phatra Financial Group.