Phayong Sriwanit, Financier of the Year 2568, Financier of the Year 2025

The Financial and Banking Journal announces the "Financial Professional of the Year" award. The "Financier of the Year 2025" award was presented to Mr.Payong Srivanich, President and CEO of Krungthai Bank Public Company Limited, possesses all the qualities of a Financial Person of the Year according to the selection criteria. 4 aspects: Be a professional financial professional with a broad and modern vision. Be honest to your profession Create sustainable growth for the organization Be socially responsible and make a contribution to the public

Journal of Finance and Banking Awarded with honor Financier of the Year Financier of the Year It has been here for 43 years, first starting in 2525 under the original name of the award. “Banker of the Year” To honor senior executives of banks, financial institutions, securities companies, asset management companies, and other types of financial institutions who have demonstrated outstanding performance, broad and modern vision, and the ability to drive their organizations' growth and sustainability in all economic situations, while considering the public interest, the Financial Executive of the Year award is recognized by the government, business organizations, and educational institutions as a prestigious award of pride.

This year, the awards committee... “Financialist of the Year” unanimous vote award of honor Financier of the Year 2568 Financier of the Year 2025 to Mr.Phayong Sriwanit, President Krung Thai Bank Public Company Limited With outstanding achievements that qualify him as Financial Professional of the Year based on the four criteria:

1. He is a financier with a broad and modern vision.
2. Be a professional financial professional with integrity to your profession.
3. Be a financier who creates growth and sustainability for the organization.
4. Be a financier who has social responsibility and benefits the public.

Mr. Payong Srivanich began his career with Krung Thai Bank as Deputy Managing Director, Head of the Money Market and Capital Markets Business Division, before taking over as President and CEO on November 8, 2559, based on the belief that... "Krung Thai Bank is a sleeping giant that needs to be awakened."

Recently, Krungthai Bank successfully underwent a major reform of its IT architecture, focusing on modular components that could be adjusted without requiring a complete system shutdown. This reform tested the inherent capabilities of the bank's personnel, leading to rapid organizational learning.

Krungthai Bank has undergone a major restructuring in... 3 key stages Under the concept of creation. Galaxy of Krungthai To transition from a traditional bank to a bank that truly meets the needs of the future.

Phase one – Risk management. In particular, the large loan portfolios of rice mills have seen a significant number of debts written off. 70,000 million baht Currently, the proportion of this loan portfolio can be reduced to only... about 10 %

Phase two Digital Transformation Strategizing for system integration. Open Finance Launching a financial platform that connects government services, businesses, and the public through Krungthai NEXT. “wallet” 

And the third phase. Expanding into new businesses, or... Future Business By collaborating with leading partners, we conduct business. Virtual Bank Expanding the role of digital banks.

For the year 2568, Krungthai Bank has adjusted its key strategy from... “Seven stars” Leave it as “Seven stars” By simplifying the process to make it easier for employees and partners to understand and implement, it includes:

1. Maximize the economic value and profits from the bank's current business ecosystem.
2. Create a platform that fosters future growth.
3. Enhancing end-to-end customer service
4. Develop technology and information infrastructure to be ready for the future
5. Drive a new culture and working model to be ready for every challenge and every change.

This is based on the concept... “Do Well = Do Good” Mr. Payong aims to create business value and social benefits simultaneously, as reflected in Krungthai Bank's actions since the COVID-19 pandemic. These efforts not only helped manage the crisis but also built upon it to create continuous value and sustainable growth for the organization. Based on strong and stable performance, the bank has adjusted its dividend payout ratio to 50% of net profit, and in 2025, the bank has also approved an interim dividend payment of 0.43 baht per share.

Furthermore, the company aims for a double-digit return on equity (ROE) of 10% or higher, with a projected ROE of 10.37% in 2567, up from 9.40% in the previous year.

In terms of its social role, Krungthai Bank is committed to helping resolve household debt problems and continuously assisting vulnerable groups through various projects such as: Half-and-Half Plus Project Krungthai Bank, as the operator and core technology developer, connects the government, the public, and businesses through the "Paotang" application for citizens and the "Thung Ngern" application for businesses. State Welfare Card Project This helps low-income groups and disadvantaged people access digital finance systems, with the bank conducting on-site visits to assist vulnerable populations.

Furthermore, the bank is aware of the high level of household debt that is impacting the economy, and therefore has prepared... Sustainable Government Debt Consolidation Loan Project To help vulnerable civil servants who have high debt burdens.

The initial goal is to assist 50,000 civil servants with a total budget of 50,000 billion baht. At the same time, the bank has continuously implemented measures to help customers who have not yet recovered from the economic downturn, effectively easing their financial burdens for over 300,000 accounts, representing a total loan amount exceeding 200,000 billion baht.

The management of Krung Thai Bank under the leadership of Mr. Payong adhered to the principles of good governance and corporate governance. The bank's board of directors emphasized the importance of conducting business on a foundation of... Honesty, transparency, and fairness. And to comply with rules and laws responsibly towards society and stakeholders, driving the organization under the project. "Krungthai Virtue" We continuously strive to create a corporate culture with zero tolerance for corruption and encourage employees to be "competent, ethical, and socially and environmentally responsible." This is supported by an anti-bribery and corruption policy, which the bank considers illegal and unacceptable.

In addition to his duties as President and CEO of Krungthai Bank, Mr. Payong also serves as Chairman of the Thai Bankers Association, a position he assumed in August 2563. Most recently, the association has elevated its role from a banking service sector to one focused on contributing to solving the country's economic problems.

This proposes a roadmap for driving the country towards the future through close collaboration between the government and the private sector under a single platform. ""Reinvent Thailand" It emphasizes participation, designs and implements practical policies, uses data (Driven) and results (Result-Oriented) to revitalize competitiveness and serves as a "compass" for all governments.

All of this reflects Mr. Payong's professionalism as a financier, laying the "foundation" for Krung Thai Bank, a state-owned commercial bank that not only provides financial services but also plays a crucial role in improving the quality of life for all citizens. It also elevates the role of the Thai Bankers Association to participate in solving economic problems and driving sustainable national growth.