News

28 September 2018
KKP appoints Philip Chen Chong Tan as Kiatnakin Bank's President to Make Headway in Retail Business

(September 28, 2018) Kiatnakin Phatra Financial Group – KKP –reinforces its executives lineup by appointing Mr. Philip Chen Chong Tan as the president of Kiatnakin Bank Plc. Mr. Philip will oversee retail business starting October 1, 2018. Mr. Aphinant Klewpatinond who formerly was both Chief Executive Officer and President, will remain the CEO of Kiatnakin Phatra Financial Group– which consists of Kiatnakin Bank Plc., Phatra Capital Plc., Phatra Securities Plc., and Phatra Asset Management Co., Ltd. Mr. Aphinant will take charge of overall strategy to optimize the synergy between Kiatnakin Phatra’s commercial bank and capital businesses.

On September 27, 2018 the board of Kiatnakin Bank Plc., under the approval of the Bank of Thailand, approved the appointment of Mr. Philip Chen Chong Tan to the position of president; the appointment takes effect on October 1, 2018. Mr.Aphinant Klewpatinond, Chief Executive Officer, Kiatnakin Phatra Financial Group, revealed that “Mr. Philip Chen Chong Tan has expertise in retail banking and work experience in many industries such as banking and finance, telecommunication and information technology. Mr. Philip’s appointment will therefore strengthen Kiatnakin Bank’s retail business segment as well as allowing further progress in the areas of innovation and digital banking which are in line with Kiatnakin Phatra Financial Group’s business direction”

As assigned by the chief executive officer, Mr. Philip will take charge of businesses related to retail clients and individual clients, and will closely work with other executives within the Kiatnakin Phatra Financial Group. Mr. Aphinant, who remains the chief executive officer of Kiatnakin Phatra Financial Group– which consists of Kiatnakin Bank Plc., Phatra Capital Plc., Phatra Securities Plc., and Phatra Asset Management Co., Ltd. – will focus on building overall strategy to optimize the synergy between Kiatnakin Phatra’s commercial bank and capital businesses.

Mr. Philip Chen Chong Tan, 53, has held directorships or executive positions at several leading organizations. He was chief executive officer at Intouch Holdings Pcl., was a director at Advanced Info Service Pcl., chief executive officer at GE Money (Thailand) Ltd. and was president of Bank of Ayutthaya Plc. Mr. Philip’s appointment; therefore, serves to reinforce Kiatnakin Phatra’s executives lineup, in accordance with Kiatnakin Phatra’s policy to bring about maximum competitiveness from individual’s specialization.