Suphajee SuthumpunĪmong the list of powerful businesswomen in Thailand, Suphajee Suthumpun stands out for her professionalism, extensive expertise and proven track record managing domestic and international corporations. Ms Ruenvadee's new ideas and forward outlook aim to not only modernise the SEC but catapult it into the future. The move will reduce unnecessary procedures and costs, and SMEs will be able to offer these securities to institutional investors, venture capitalists or joint venture corporations, as well as directors and employees of these entities, with an unlimited amount for the offering value. The market regulator will allow SMEs to issue securities products such as stocks and convertible corporate bonds, as well as make offerings directly to investors and employees. Corporate bonds have been selected as the initial securities under a pilot project involving DLT in 2020.Īs a cornerstone of Thailand's economy, the SEC plans to support small and medium-sized enterprises (SMEs) gaining access to raising funds in the capital market. The regulator aims to build up distributed ledger technology (DLT) as the main IT infrastructure platform linking all members and products in the capital market.
She acquired a reputation as an agent of change, when she modernised the notoriously archaic and bureaucratic department, introducing a paperless, digitised database system, the first government agency to do so in Thailand.Īs borderless financial markets and technological disruptions increasingly complicate the job of regulators, Ms Ruenvadee has made her top priority digitising the SEC. She was reshuffled to the top job at the Legal Execution Department by the National Council for Peace and Order in 2014. She started her career at the SEC, before moving to the Justice Ministry's legal affairs bureau, then rose through the ranks at the ministry as deputy director of the Office of Justice Affairs, inspector-general and director-general of the Probation Department. Nominated for the top job at the SEC before the application period closed on Sept 21, 2018, Ms Ruenvadee, 55, was appointed secretary-general on May 1, succeeding Rapee Sucharitakul. SEC secretary-general Ruenvadee Suwanmongkol. Ruenvadee SuwanmongkolĬhange is in the air at the Securities and Exchange Commission (SEC) as Ruenvadee Suwanmongkol, the first female secretary-general, has rolled out a strategy to beef up competitiveness of Thailand's capital market and provide a level playing field for all participants. Here are some of the standouts this year leading the way for women in business. Female business leaders have helped reinvigorate ossified businesses, modernising the economy and pushing forward the Thailand 4.0 digital goals. Slowly but surely, Thai women in business are getting seats in the boardroom and offices in the executive suite. Whatever the reason may be - cultural, economic or purely practical - as 2019 comes to a close, countless examples of women are pushing change in a variety of industries. The nation is already well above worldwide averages in terms of percentage of female chief executive/managing directors (33%) and companies with women represented in senior management (86%), according to a Grant Thornton survey, but still needs powerful female leaders driving change in the private and public sectors. Meaningful change doesn't happen overnight, but over the last three decades, Thailand has been a leader in fostering equality in the executive arena, and this year was no exception.
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