Lalitphat Toranavikrai appointed CEO of SCB Julius Baer

          SCB Julius Baer, the strategic wealth management joint venture between Siam Commercial Bank and Julius Baer, has appointed Lalitphat Toranavikrai as new CEO effective immediately.

          SCB-Julius Baer Securities Co.,Ltd. (SCB Julius Baer), the strategic wealth management joint venture between Siam Commercial Bank (SCB) and Julius Baer, announced today the appointment of Lalitphat Toranavikrai as new Chief Executive Officer to lead and grow the Thailand business. Lalitphat Toranavikrai is currently Head of the Private Banking and FIRST Division at SCB. She has been with SCB for 12 years. 
          Since joining SCB in 2008, Laliphat Toranavikrai has held various senior management roles covering the wealth management business. Prior to that, she was a senior banker at RBS Coutts in Singapore and Deputy Head of Corporate and Investment Banking at BNP Paribas Thailand.
          SCB Julius Baer delivers relevant and impactful advice and solutions to the growing high net worth and ultra high net worth clientele in Thailand. It combines SCB's strong reputation and deep domestic knowledge with Julius Baer's 130 years of pure wealth management expertise and full offering of international wealth management capabilities for Thai clients in Asia.
          "We are very pleased to announce the appointment of Lalitphat as she has successfully led our local private banking business at SCB in the past years. She is deeply familiar with the evolving needs of the sophisticated Thailand-based clients. She brings with her very strong domestic knowledge and extensive experience which will be vital as we continue our ambitious plans to grow and develop the Thai wealth management business for the joint venture,"said Arthid Nanthawithaya, Chief Executive Officer and Chairman of the Executive Committee, Siam Commercial Bank, and Chairman of the Board of Directors, SCB-Julius Baer Securities Co.,Ltd. 
          "Our joint venture with SCB is a significant milestone for Julius Baer and a sign of commitment to our growth in Thailand. The joint venture brought to fruition the commitment of two solid, long-standing institutions who share a common vision of presenting a holistic wealth management proposition to high net worth clients in Thailand. We are very pleased with the appointment as Laliphat will be the ideal person for this important role given her expertise and comprehensive industry knowledge," said Jimmy Lee, Head Asia Pacific and member of the Executive Board, Julius Baer.

          Contact SCB
          Public Relations, tel. +66 (0) 25 44 0000 ext. 6995

          Contacts Julius Baer
          Media Relations Asia, tel. +852 2899 4889
          Media Relations Zurich, tel. +41 (0) 58 888 8888

          About SCB Julius Baer
          SCB Julius Baer is a strategic and pioneering joint venture established by The Siam Commercial Bank (SCB) and Julius Baer to bring the best of global wealth management to Thailand. The joint venture delivers the most relevant and impactful advice and solutions to the growing high net worth and ultra high net worth clientele in Thailand. It combines SCB's strong reputation and domestic expertise with Julius Baer's full offering of international wealth management capabilities for Thai clients in Asia.

          For more information please contact +66 (0) 2 098 9999 | www.scbjuliusbaer.com |[email protected]

          About The Siam Commercial Bank
          The Siam Commercial Bank PCL established by Royal Charter in 1906 as the first Thai bank is one of Thailand's leading universal banks. As of March 2019, SCB's total market capitalization was THB 449 Bn and the Bank was Thailand's largest commercial bank in terms of total assets (THB 3,200 Bn). Its network of branches and service points offers nationwide coverage. 

          SCB commits to becoming "the Most Admired Bank" by balancing value propositions to all stakeholders - customers, employees, shareholders, regulators and society - and a leader in shaping the future of Thailand's banking industry. More information is available on the Bank's website at www.scb.co.th

          About Julius Baer
          Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. At the end of October 2019, assets under management amounted to CHF 422 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.
          Julius Baer is present in over 25 countries and more than 60 locations. Headquartered in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Mexico City, Milan, Monaco, Montevideo, Moscow, Mumbai, São Paulo, Singapore and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in wealth management.

          For more information visit our website at www.juliusbaer.asia