9SgI8X* ÂŻÂŤ +T$_6VC9Wg$TE'S6_GYO$'5R$EEC$TE %O* T;_% TL[ EO<$TE LSCBTK5 +R@V+TE5T_,@TR'R`;;9T*6 T; Ă€Ă„ +T$>G=ER_CV;ETD*T;$TE=1VG7O<`9;7 O>[ 8YOMZ ;MEYO Ă‘ĂŹĂąĂžĂŠ Ă?ĂĽĂžĂŻĂ˘ĂĽĂŹĂŠĂĄĂ˘ĂŻ Ă?Ă˘ĂąĂ˛ĂŻĂŤ 6 ID Â°ÂŤ OW$M;Xg*_$53 $TE'S6_GYO$_ T;_% Tc=L[ EO[ G*9Z;L8T[ 9E*'Z5IZ4VOTIZaL%O* Ă†ĂŒĂ $EEC$TEOT-W@b;9lT_;WD< Ă†ĂŒĂ `GRLCT-V$ %O*-CEC$EEC$TEOVLER _$53 9Wg$G TICT _= ;_$53 $TE'S6_GYO$'5R$EEC$TE9Wg+R> T; _% TL[ EO<$TELSCBTK5 7 Oc= a6D+R'S6_GYO$ bM _MGYO_@WD* Ă‘ĂŒĂ? ÂŽÂ %O*`7 GR$GZ C .Xg*b; - I*9 TD*T; +RCW$TE=ER$TJETD-YgO Ă‘ĂŒĂ? ÂŽÂ %O*`7 GR$GZ COD T*_= ;9T*$TE %Sh;7O; 7 O+T$;Wh 'YO $TELSCBTK5 _@YgO'S6_GYO$'5R $EEC$TE9WgLC'IEc6 ES[ 9E*'Z5IZ4V`GR=ERL<$TE5 ÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞÂŞ Â§Ă”Ă†Ă—Ă‰ Ă”Ă‹ Ă™Ă?ĂŠ ÂžĂŠĂ†Ă— ÂŚĂœĂ†Ă—Ă‰Ă˜ ĂŽĂ˜ Ă™Ă?ĂŠ Ă”Ă“ĂŠ Ă†Ă“Ă‰ Ă”Ă“Ă‘Ăž Ă•Ă—ĂŠĂ˜Ă™ĂŽĂŒĂŽĂ”ĂšĂ˜ Ă†ĂœĂ†Ă—Ă‰Ă˜ ĂŽĂ“ Ă™Ă?ĂŠ ĂˆĂ†Ă•ĂŽĂ™Ă†Ă‘ Ă’Ă†Ă—Ă?ĂŠĂ™Â˜ Â¸ĂŽĂ“ĂˆĂŠ ĂşÂšÂšĂş Ă™Ă?ĂŠ ÂšĂ?Ă†ĂŽ Ă‘ĂŽĂ˜Ă™ĂŠĂ‰ ĂˆĂ”Ă’Ă•Ă†Ă“ĂŽĂŠĂ˜ Ă?Ă†Ă›ĂŽĂ“ĂŒ ĂŠĂ?ĂˆĂŠĂ‘Ă‘ĂŠĂ“Ă™ Ă•ĂŠĂ—Ă‹Ă”Ă—Ă’Ă†Ă“ĂˆĂŠ Ă‹Ă”Ă‘Ă‘Ă”ĂœĂŽĂ“ĂŒ Ă™Ă?ĂŠ ĂˆĂ”Ă—Ă•Ă”Ă—Ă†Ă™ĂŠ ĂŒĂ”Ă›ĂŠĂ—Ă“Ă†Ă“ĂˆĂŠ Ă•Ă—ĂŽĂ“ĂˆĂŽĂ•Ă‘ĂŠ Ă?Ă†Ă›ĂŠ Ă‡ĂŠĂŠĂ“ Ă—ĂŠĂˆĂ”ĂŒĂ“ĂŽĂ˜ĂŠĂ‰ Ă†Ă“Ă‰ Ă•Ă—ĂŠĂ˜ĂŠĂ“Ă™ĂŠĂ‰ ĂœĂŽĂ™Ă? Ă™Ă?ĂŠ Ă‡ĂŽĂŠĂ“Ă“ĂŽĂ†Ă‘ Ă†ĂœĂ†Ă—Ă‰Ă˜Â˜ ÂšĂ?ĂŠ Ă†ĂŽĂ’ ĂŽĂ˜ Ă™Ă” ĂŽĂ“Ă˜Ă•ĂŽĂ—ĂŠ Ă”Ă™Ă?ĂŠĂ— Ă‡Ă”Ă†Ă—Ă‰ Ă’ĂŠĂ’Ă‡ĂŠĂ—Ă˜ Ă™Ă” ĂŠĂ“Ă?Ă†Ă“ĂˆĂŠ Ă™Ă?ĂŠĂŽĂ— Ă•Ă—Ă”Ă‹ĂŠĂ˜Ă˜ĂŽĂ”Ă“Ă†Ă‘ Ă‰ĂŠĂ›ĂŠĂ‘Ă”Ă•Ă’ĂŠĂ“Ă™Â˜ ÂŤĂ”Ă— Ă™Ă?ĂŽĂ˜ ĂžĂŠĂ†Ă—Â– Ă™Ă?ĂŠ ĂˆĂ—ĂŽĂ™ĂŠĂ—ĂŽĂ† Ă?Ă†Ă›ĂŠ Ă‡ĂŠĂŠĂ“ Ă†Ă‰Ă?ĂšĂ˜Ă™ĂŠĂ‰Â– Ă™Ă?ĂŠ Ă†ĂœĂ†Ă—Ă‰Ă˜ ĂœĂŽĂ‘Ă‘ Ă‡ĂŠ ĂŒĂŽĂ›ĂŠĂ“ ĂŽĂ“ Ă™Ă?Ă—ĂŠĂŠ ĂˆĂ†Ă™ĂŠĂŒĂ”Ă—ĂŽĂŠĂ˜Â&#x; Ăš Â§Ă”Ă†Ă—Ă‰ Ă”Ă‹ ÂžĂŠĂ†Ă— ÂŚĂœĂ†Ă—Ă‰Ă˜Â– Ăş ÂťĂŽĂ˜ĂŽĂ”Ă“Ă†Ă—Ăž Â§Ă”Ă†Ă—Ă‰ ÂŚĂœĂ†Ă—Ă‰ Ă‹Ă”Ă‘Ă‘Ă”ĂœĂŽĂ“ĂŒ Ă™Ă?ĂŽĂ˜ ĂžĂŠĂ†Ă—ĂľĂ˜ Ă™Ă?ĂŠĂ’ĂŠ Ă†Ă“Ă‰ Ăť ÂˇĂŽĂ˜ĂŽĂ“ĂŒ Â¸Ă™Ă†Ă— ÂŚĂœĂ†Ă—Ă‰Ă˜ ĂŒĂŽĂ›ĂŠĂ“ Ă™Ă” Ă™Ă?ĂŠ Ă‡Ă”Ă†Ă—Ă‰ Ă?Ă†Ă›ĂŽĂ“ĂŒ Ă†Ă“ Ă”ĂšĂ™Ă˜Ă™Ă†Ă“Ă‰ĂŽĂ“ĂŒ Ă—ĂŠĂŒĂšĂ‘Ă†Ă™Ă”Ă—Ăž Ă‰ĂŠĂ›ĂŠĂ‘Ă”Ă•Ă’ĂŠĂ“Ă™Â˜ ÂşĂ“Ă‘ĂŽĂ?ĂŠ Ă™Ă?ĂŠ Ă•Ă—ĂŠĂ›ĂŽĂ”ĂšĂ˜Â– Ă™Ă?ĂŠ Â§Ă”Ă†Ă—Ă‰ Ă”Ă‹ Ă™Ă?ĂŠ ÂžĂŠĂ†Ă— ÂŚĂœĂ†Ă—Ă‰Ă˜ ĂŽĂ˜ ĂˆĂ†Ă™ĂŠĂŒĂ”Ă—ĂŽĂ˜ĂŠĂ‰ Ă‡Ă†Ă˜ĂŠĂ‰ Ă”Ă“ Ă’Ă†Ă—Ă?ĂŠĂ™ ĂˆĂ†Ă•ĂŽĂ™Ă†Ă‘ĂŽĂ˜Ă†Ă™ĂŽĂ”Ă“ Ă†Ă“Ă‰ Ă‡ĂšĂ˜ĂŽĂ“ĂŠĂ˜Ă˜ Ă˜ĂŽĂ&#x;ĂŠĂ˜Â– Ă‹Ă—Ă”Ă’ Ă˜Ă’Ă†Ă‘Ă‘ Ă™Ă” Ă‘Ă†Ă—ĂŒĂŠ Ă˜ĂˆĂ†Ă‘ĂŠÂ˜ ÂšĂ?ĂŠ Ă†ĂŽĂ’ ĂŽĂ˜ Ă™Ă” Ă•Ă—Ă”Ă’Ă”Ă™ĂŠ ÂšĂ?Ă†ĂŽ Ă‘ĂŽĂ˜Ă™ĂŠĂ‰ ĂˆĂ”Ă’Ă•Ă†Ă“ĂŽĂŠĂ˜Â– Ă—ĂŠĂŒĂ†Ă—Ă‰Ă‘ĂŠĂ˜Ă˜ Ă”Ă‹ Ă™Ă?ĂŠĂŽĂ— Ă‡ĂšĂ˜ĂŽĂ“ĂŠĂ˜Ă˜ Ă˜ĂŽĂ&#x;ĂŠĂ˜Â– Ă™Ă” ĂŒĂŽĂ›ĂŠ ĂŽĂ’Ă•Ă”Ă—Ă™Ă†Ă“ĂˆĂŠ Ă†Ă“Ă‰ Ă•ĂšĂ™ ĂˆĂ”Ă—Ă•Ă”Ă—Ă†Ă™ĂŠ ĂŒĂ”Ă›ĂŠĂ—Ă“Ă†Ă“ĂˆĂŠ ĂŽĂ“Ă™Ă” Ă•Ă—Ă†ĂˆĂ™ĂŽĂˆĂŠÂ˜ ÂšĂ?ĂŠ Ă‡Ă”Ă†Ă—Ă‰Ă˜ Ă”Ă‹ Ă‘ĂŽĂ˜Ă™ĂŠĂ‰ ĂˆĂ”Ă’Ă•Ă†Ă“ĂŽĂŠĂ˜ Ă˜Ă?Ă”Ă—Ă™Ă‘ĂŽĂ˜Ă™ĂŠĂ‰ Ă‹Ă”Ă— ĂŽĂ“Ă™ĂŠĂ—Ă›ĂŽĂŠĂœ Ă—Ă”ĂšĂ“Ă‰ ĂœĂ”ĂšĂ‘Ă‰ Ă‡ĂŠ ĂˆĂ”Ă“Ă˜ĂŽĂ‰ĂŠĂ—ĂŠĂ‰ Ă‡Ă†Ă˜ĂŠĂ‰ Ă”Ă“ Ă“Ă”Ă™ Ă”Ă“Ă‘Ăž ĂˆĂ”Ă—Ă•Ă”Ă—Ă†Ă™ĂŠ ĂŒĂ”Ă›ĂŠĂ—Ă“Ă†Ă“ĂˆĂŠ Ă˜ĂˆĂ”Ă—ĂŠĂ˜ Ă‡ĂšĂ™ Ă†Ă‘Ă˜Ă” Ă™Ă?ĂŠ Ă™Ă”Ă™Ă†Ă‘ Ă˜Ă?Ă†Ă—ĂŠĂ?Ă”Ă‘Ă‰ĂŠĂ— Ă—ĂŠĂ™ĂšĂ—Ă“ Ă™Ă”ĂŒĂŠĂ™Ă?ĂŠĂ— ĂœĂŽĂ™Ă? Ă•Ă†Ă—Ă™ĂŽĂˆĂŽĂ•Ă†Ă™ĂŽĂ”Ă“ Ă†Ă’Ă”Ă“ĂŒ Ă˜Ă™Ă†Ă?ĂŠĂ?Ă”Ă‘Ă‰ĂŠĂ—Ă˜Â˜ ÂšĂ?ĂŽĂ˜ ĂŽĂ˜ Ă™Ă?ĂŠ Ă‹ĂŽĂ—Ă˜Ă™ Ă™ĂŽĂ’ĂŠ Ă™Ă?Ă†Ă™ ĂŽĂ“Ă˜Ă™ĂŽĂ™ĂšĂ™ĂŽĂ”Ă“Ă†Ă‘ ĂŽĂ“Ă›ĂŠĂ˜Ă™Ă”Ă—Ă˜ Ă†Ă“Ă‰ ĂŒĂ—Ă”ĂšĂ•Ă˜ Ă”Ă‹ Ă‡Ă”Ă†Ă—Ă‰ Ă’ĂŠĂ’Ă‡ĂŠĂ—Ă˜ Ă˜ĂšĂˆĂ? Ă†Ă˜ ÂŽÂ´ÂŠ ĂˆĂ?Ă†Ă—Ă™ĂŠĂ—ĂŠĂ‰ Ă’ĂŠĂ’Ă‡ĂŠĂ— Ă†Ă“Ă‰ Ă’ĂŠĂ’Ă‡ĂŠĂ—Ă˜ Ă”Ă‹ Ă™Ă?ĂŠ ĂŽĂ“Ă‰ĂŠĂ•ĂŠĂ“Ă‰ĂŠĂ“Ă™ ĂˆĂ‘ĂšĂ‡ ĂˆĂ†Ă“ Ă“Ă”Ă’ĂŽĂ“Ă†Ă™ĂŠ Ă™Ă?ĂŠ ĂˆĂ†Ă“Ă‰ĂŽĂ‰Ă†Ă™ĂŠĂ˜Â˜ ÂšĂ?ĂŠĂ˜ĂŠ ĂˆĂ—ĂŽĂ™ĂŠĂ—ĂŽĂ† Ă†Ă—ĂŠ Ă‹Ă”Ă— Ă˜Ă?Ă”Ă—Ă™Ă‘ĂŽĂ˜Ă™ĂŠĂ‰ Ă‡Ă”Ă†Ă—Ă‰ Ă’ĂŠĂ’Ă‡ĂŠĂ—Ă˜ Ă•Ă†Ă˜Ă˜ĂŽĂ“ĂŒ Ă‹Ă”Ă— Ă†Ă“ ĂŽĂ“Ă™ĂŠĂ—Ă›ĂŽĂŠĂœ Ă—Ă”ĂšĂ“Ă‰Â˜ Â´Ă“Ă‘Ăž Ă™Ă”Ă• ĂšÂš Ă”Ă‹ ĂŠĂ†ĂˆĂ? ĂŒĂ—Ă”ĂšĂ• ĂœĂŽĂ‘Ă‘ Ă‡ĂŠ Ă˜ĂŠĂ‘ĂŠĂˆĂ™ĂŠĂ‰ Ă†Ă˜ Ă™Ă?ĂŠ Ă”Ă‹Ă‹ĂŽĂˆĂŽĂ†Ă‘ Ă‹ĂŽĂ“Ă†Ă‘ĂŽĂ˜Ă™Ă˜Â˜ ÂšĂ?ĂŠ Ă†Ă“Ă“Ă”ĂšĂ“ĂˆĂŠĂ’ĂŠĂ“Ă™ ĂœĂŽĂ‘Ă‘ Ă‡ĂŠ Ă’Ă†Ă‰ĂŠ Ă‰ĂšĂ—ĂŽĂ“ĂŒ Ă™Ă?ĂŠ ĂŠĂ“Ă‰ Ă”Ă‹ Ă™Ă?ĂŠ ĂŠĂ›ĂŠĂ“Ă™Â˜ ÂšĂ?ĂŠ ĂŽĂ“Ă™ĂŠĂ—Ă›ĂŽĂŠĂœ Ă—Ă”ĂšĂ“Ă‰ ĂœĂŽĂ‘Ă‘ Ă‡ĂŠ Ă™Ă?ĂŠ Ă“ĂŠĂ?Ă™ Ă˜Ă™ĂŠĂ•Â˜ ÂŞĂ?Ă•ĂŠĂ—ĂŽĂŠĂ“ĂˆĂŠĂ‰ Ă’ĂŠĂ’Ă‡ĂŠĂ—Ă˜ ĂœĂŽĂ‘Ă‘ Ă‡ĂŠ ĂŽĂ“Ă›ĂŽĂ™ĂŠĂ‰ Ă™Ă” Ă˜ĂŠĂ‘ĂŠĂˆĂ™ ĂˆĂ”Ă“Ă‰ĂšĂˆĂ™ Ă™Ă?ĂŠ ĂŽĂ“Ă™ĂŠĂ—Ă›ĂŽĂŠĂœ Ă†Ă“Ă‰ Ă†Ă“Ă“Ă”ĂšĂ“ĂˆĂŠ Ă™Ă?ĂŠ Â§Ă”Ă†Ă—Ă‰ Ă”Ă‹ Ă™Ă?ĂŠ ÂžĂŠĂ†Ă— Ă†ĂœĂ†Ă—Ă‰ĂŠĂŠĂ˜Â˜ The Thai Institute of Directors (IOD) started off the first activity of the year with IOD Special Event 1/2019 held on the topic â€˜Board of the Year, Board of the Futureâ€™ and supported by PricewaterhouseCoopers ABAS Limited. Mr. Prasan Chuaphanich, IOD Chairman, gave an official opening speech at the event and a briefing about Board of the Year Awards. President of the Stock Exchange of Thailand Dr.Pakorn Peetathawatchai also gave a keynote speech on the topic: â€˜Thai Capital Market: Present and Futureâ€™. standard, 23 are Thai listed companies, reflecting Thailand as a regional lead the region in terms of CG standard and development. In addition, there are an increasing number of Thai listed companies from different industries in the Dow Jones Sustainability indices (DJSI). A panel discussion session on the topic â€œBoard of the Year, Board of the Futureâ€? was joined by Associate Professor Dr. Kulpatra Sirodom of Thammasat Universityâ€™s Center for International Affairs, Mrs. Oranuch Apisaksirikul, Chairperson of Tisco Executive Board, Suvabha Charoenying, Director and Executive Director of Thanachart Securities Plc as well as board members of the judging panel and the interview panel of the Board of the Year Awards 2018. The session was moderated by Mr.Kulvech Janvatanavit, CEO of Thai IOD. Unlike that past that fundraising usually came from commercial banks, fundraising nowadays can be carried out through commercial banks, capital markets and bonds in an equal amount. During the past five years, Thailand ranked the country having the highest fundraising in Asean. The position was followed by Singapore, Malaysia. Vietnam is the up and coming Â§Ă”Ă†Ă—Ă‰ Â¨Ă”Ă’Ă•Ă”Ă˜ĂŽĂ™ĂŽĂ”Ă“ country for this year as its fundraising Dr. Kulpatra talked about the composition significantly increases. of the board in the future. Although guideline or best practice is available at Having the best liquidity and the capital present, the composition of the board value of US$ 510 million, the Thai capital members should be diverse in terms of market has the highest trading rate in the educational background, experience, secondary market followed by Singapore, age, sex, etc., depending on environment Malaysia and the Philippines. Not only of each company or industry. Gender is domestic investors, but also foreign trading much prioritized at the international level. have increased with over 40% from However, it does not mean Thai female Program Trading. It is necessary that our board members sit in the board because of market needs to keep up with Artificial gender. In fact it is their ways of thinking and Intelligence (AI) technology. diversity of views and perspectives. Foreign investors are confident in corporate governance (CG) quality and standard of Thai listed companies. Thailand is also scored the highest by the Asean Corporate Governance Scorecard. Of the top 50 Asean companies having CG quality and Having board diversity does not help if members still feel intimidated to share their ideas during the board meeting. Atmosphere and culture are also important for helping accommodate working process and building relationship at different places. Mr. Kulvech Janvatanavit, Dr. Kulpatra Sirodom, Mrs. Oranuch Apisaksirikul, Ms. Suvabha Charoenying B o a r d r o o m | 19