MASTER ENTREPRENEUR CATEGORY

KAMONPOP VEERAPALA

President

GOVERNMENT HOUSING BANK
(G H BANK)

Financial Services

www.ghbank.co.th

Information about the Entrepreneur

The Government Housing Bank (G H Bank) is a state-owned Specialized Financial Institution under the supervision of the Ministry of Finance.

Mr. Kamonpop Veerapala has brought his extensive experience in leadership, risk management, and finance to G H Bank. His academic background, including a Bachelor of Accounting from Kasetsart University (Thailand) and a Master of Business Administration from Indiana University (USA), has equipped him with the skills necessary to excel in these roles.

He has a remarkable thirty-five years of risk and financial management experience in the banking industry and has consistently demonstrated his ability to steer the bank's financial capabilities, ensuring its stability and strength. His leadership has also been pivotal in propelling the bank to a leadership position in Thailand's housing loan market.

Other Interesting Facts about the Entrepreneur

Mr. Kamonpop strongly believes in working with passion. His hands-on involvement characterizes his approach to employee management; he regularly meets with and provides support to employees at all levels at the Head Office and in numerous branches.

He also believes that employees who work with a sense of responsibility and are in good physical and mental health are better equipped to deliver exceptional customer service. This belief, coupled with his approach to creating a pressure-free work environment, has led to positive operational outcomes.

Mr. Kamonpop effectively communicates various matters using a variety of channels to reach employees at all levels of the organization. This ensures that everyone in the company understands their tasks and has the same clear goals for the company. It also inspires employees to strive for and easily achieve the same goals.

During Mr. Kamonpop’s tenure as Senior Executive Vice President of the Finance and Accounting Business Unit for over seven years, the bank demonstrated strong financial performance, as reflected in its annual reports.

Work-Life Balance

Company Achievements and
Role of the Entrepreneur

As the current President of the Government Housing Bank, Mr. Kamonpop focuses on the bank’s Financial Landscape, using the Bank of Thailand's policies as a framework for operations and innovation creation. He envisions a future where all employees, as the bank's future, create a New S-Curve to raise competitiveness.

His active involvement in guiding the bank's direction to set strategies that align with the government's vision and the Thailand Vision: "IGNITE THAILAND, the power of unity, Thailand must be one", is evident. G H Bank is a crucial part of this vision, contributing to Thailand's elevation as a Financial Hub. It does so by prioritizing the needs of grassroots and vulnerable customers, demonstrating its unwavering commitment to improving their quality of life and building a robust Thai financial system. In order to do this, Mr. Kamonpop aims for the G H Bank to help Thai people, especially people in the grassroots group, through various projects and initiatives.

In 2023, Mr. Kamonpop initiated two digital projects. The first is called 'Dek Dern Ploy or Digital Appraisal', wherein G H Bank offers the preliminary appraised value of collateral to clients upon first contact. The prospective mortgagor shall provide a mere handful of details concerning the collateral; after that, the Dek Dern Ploy system shall generate the preliminary appraised value of said collateral.

The second is the 'Digital Documentation Process,' a revolutionary initiative led by Mr. Kamonpop that has transformed the bank's approach to handling rights documents. Instead of continuing to store the original documents in a secure room, the bank now maintains them in electronic file format. This shift has not only reduced the use of room space but also streamlined the process of withdrawing authorization documents, leading to significant cost savings. Under his guidance, the project has engaged important stakeholders and leveraged digital technology to enhance services and procedures within the bank, aligning with the needs of customers and key stakeholders.

Vision, Mission & Future Plans

His vision is that “Thai people can access financial resources at reasonable costs and achieve Work-Life Balance”. He is committed to reducing social inequality and believes that G H Bank can play a significant role in this. He trusts in the competence of the bank’s employees, understanding that they know their responsibilities well. He also values their health, recognizing that a healthy body and mind are crucial for serving customers effectively.