PTT Plc is considering four candidates to take over as the conglomerate's 11th president and CEO, succeeding Auttapol Rerkpiboon. The selection committee plans interviews on January 17 to decide on the replacement before Auttapol’s term concludes in May.
The contenders are:
- Kongkrapan Intarajang, CEO of PTT Global Chemical, who positioned the firm in the Fortune Global 500 and acquired Allnex Holding for 140 billion baht in 2021. He has focused on specialty chemicals, market expansion in Asia-Pacific, and implementing carbon capture and storage to target net-zero emissions by 2050.
- Buranin Rattanasombat, in charge of PTT’s new ventures and infrastructure. He oversees sectors like life sciences and digitization and founded Arun Plus to develop the EV and battery assembly business in collaboration with Foxconn.
- ML Peekthong Thongyai, Senior EVP of the Gas Business Unit, has advocated for government subsidies on NGV to relieve financial burdens and created Thailand’s first energy management platform, supporting the country's zero-emission policy.
- Pongpun Amornvivat, senior EVP of International Trading, who previously led strategy at Thaioil and has advanced PTT’s carbon credit trading internationally.
PTT, with assets totaling 3.53 trillion baht, reported a 2.35 trillion baht revenue and 78.25 billion baht profit in the first three quarters of 2023. The company is allocating 89.2 billion baht for five-year investments across multiple sectors, including natural gas and international trade.