PTT Public Company Limited (SET: PTT) had informed that the Board of Directors, at Meeting No. 10/2023 held on October 19, 2023, had resolved to appoint Dr. Prasert Sinsukprasert, a director, as a Chairman of the Board of Directors Effective from November 16, 2023 onwards and to propose the same to the State Enterprise Policy Committee for approval in accordance with the previous practice as per the resolution of the meeting of the State Enterprise Policy Committee No. 1/2015.
The State Enterprise Policy Office (SEPO) as a secretary to the Screening Committee for State Enterprise Directors, has submitted a letter dated November 20, 2023 to PTT informing that the State Enterprise Policy Committee has appointed the Screening Committee for State Enterprise Directors and has approved the criteria and method for the selection of a person to be appointed as state enterprise director according to the Development of Supervision and Management of State Enterprises Act B.E. 2562 (2019) (Act). As a result, SEPO has returned to PTT the proposal to appoint the Chairman of PTT and PTT shall comply with the criteria and method prescribed in the Act.
PTT, therefore, informed the Board of Directors’ resolution to appoint Dr. Prasert Sinsukprasert as a Chairman, effective from November 16, 2023 onwards. In addition, in compliance with the good corporate governance principle, Dr. Prasert Sinsukprasert has resigned from the member of the Enterprise Risk Management Committee from November 16, 2023 onwards.