Krungthai Asset Management Public Company Limited | APEA - Asia Pacific Enterprise Awards

OUTSTANDING CATEGORY

Chavinda Hanratanakool
CEO


Krungthai Asset Management Public Company Limited
1 Empire Tower, 32nd Fl., South Sathorn
Rd., Yannawa, Sathorn, Bangkok 10120,
Thailand
Tel: +662 686 6100
www.Ktam.Co.Th


Mrs. Chavinda Hanratanakool, the current serving Chief Executive Officer at Krung Thai Asset Management Public Co Ltd, joined the firm back in 2010 with more than 30 years of investment experience under her belt. Before taking the CEO position in 2014, Mrs. Chavinda started off at the firm as Senior Executive Vice President and led the Private Fund & Property Fund Department for 4 years and has played a key role in the growth of the firm’s Property and Infrastructures funds in the past 8 years. Under Mrs. Chavinda’s time as CEO of Krung Thai Asset Management, the firm’s total assets under management as of August 2018, has grown to US$23.60 billion.

In terms of her educational background, Mrs. Chavinda Hanratanakool holds a Bachelor of Arts degree in Psychology from Thammasart University, and a Master’s degree in Economics from the University of Missouri Columbia, USA. She started her career as part of the institutional sales team at Thanachart Securities. She became a fund manager at Citibank Private Banking and later at Ayudhya Investment and Trust PCL. She also served as Senior Vice President of the Private, Property and Provident fund department at ING Fund (Thailand) and has experience in Private Wealth management from Merrill Lynch Phatra Securities.

To be involved in the development and future of Thailand’s fund management industry has made Mrs. Chavinda proud. She is honored to educate and guide the people of Thailand to understand the importance and to be familiar with financial literacy and planning. Understanding the importance of diversification into various types of investments is something Mrs. Chavinda has succeeded in. She led the industry’s asset allocation space by pioneering a range of mutual fund products to meet investor’s long-term investment goals. The name of the fund series goes by ‘Mung, Mee, Sri, Suk,’ which translates into ‘Wealth, Plenty, Prosperous, Happiness, or 恭喜发财 ‘gōng xǐ fā cái’ which also means, ‘wishing you grow your wealth and be prosperous.’ The funds have gained a lot of traction from investors and has successfully integrated asset allocation within the local investment culture.

None of Mrs. Chavinda’s success would have been possible without her unique qualities. Her ‘I never give up’ approach has allowed her to keep learning throughout every stage in her career. She also believes one should not hesitate to express curiosity when required to do so. A very rare personality trait about the CEO is that she is always prepared to hear people’s different opinions and is open to being criticized during any step of the way. This is uncommon for senior executives, especially in this part of Asia.

Mrs. Chavinda is one of the few female executives with investment management experience in both domestic equity and real estate. At the time of her management of the real estate funds, she had managed a total of ฿182 billion or US$5.64 billion of assets. She was in charge of launching Thailand’s first investment property fund which included the first hotel property fund, conducted the largest real estate IPO fund in Thailand at that time, and launched the first ever infrastructure fund with the Government of Thailand being the sponsor of the North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand (EGATIF). Under her supervision, the company is now going to launch a second highly anticipated Government supported infrastructure fund, the Thailand Future Fund (TFF) in October this year. In addition, she is currently the Deputy Chairman of the Association of Investment Management of Thailand (AIMC).

Becoming the front-runner in the asset management industry of Thailand will not make her stop there. She has steered the company to begin direct investments in neighboring frontier markets that comprise of the CLMV group, believing that Thailand will be a major bridge for trade and investments with these countries. This initiative will create a collaborative network amongst the Asian countries. Technology and human resources development are two vital ingredients that Mrs. Chavinda believes will enable Krungthai Asset Management to reach its full potential. Technology plays a huge part Mrs. Chavinda’s future plans of the business, and she has pledged to continue to onboard various technologies in all areas of the business, such as Front, Back and Middle office functions. For example, the training of employees for further skills development and the availability of more resources that enables improved financial consultation and interaction to clients. Furthermore, this year artificial intelligence is going to play a major role in the firm’s stock screening process, which would allow for reduced human time spent on research analysis, increasing productivity overall. Decision making has been speedier and more objective than ever thanks to artificial intelligence.

Today, Krungthai Asset Management offers a range investment product that meet to our client’s needs. From expertise and capabilities in mutual funds, private/provident funds, property funds/REITs, infrastructure funds, and venture capital funds. The firm is the only asset management company in Thailand with an established proprietary research team independent of the investment team.

It is fair to say Mrs. Chavinda will continue to play a major role in developing the asset management industry within the region. In the next few years, she expects Krungthai Asset Management to be a key player in the investment management sector within the Asean region as well as with neighboring countries. She lives by a very famous quote by Earl Nightingale that goes, “Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

OUTSTANDING CATEGORY

Chavinda Hanratanakool
CEO

Mrs. Chavinda Hanratanakool, the current serving Chief Executive Officer at Krung Thai Asset Management Public Co Ltd, joined the firm back in 2010 with more than 30 years of investment experience under her belt. Before taking the CEO position in 2014, Mrs. Chavinda started off at the firm as Senior Executive Vice President and led the Private Fund & Property Fund Department for 4 years and has played a key role in the growth of the firm’s Property and Infrastructures funds in the past 8 years. Under Mrs. Chavinda’s time as CEO of Krung Thai Asset Management, the firm’s total assets under management as of August 2018, has grown to US$23.60 billion.

In terms of her educational background, Mrs. Chavinda Hanratanakool holds a Bachelor of Arts degree in Psychology from Thammasart University, and a Master’s degree in Economics from the University of Missouri Columbia, USA. She started her career as part of the institutional sales team at Thanachart Securities. She became a fund manager at Citibank Private Banking and later at Ayudhya Investment and Trust PCL. She also served as Senior Vice President of the Private, Property and Provident fund department at ING Fund (Thailand) and has experience in Private Wealth management from Merrill Lynch Phatra Securities.

To be involved in the development and future of Thailand’s fund management industry has made Mrs. Chavinda proud. She is honored to educate and guide the people of Thailand to understand the importance and to be familiar with financial literacy and planning. Understanding the importance of diversification into various types of investments is something Mrs. Chavinda has succeeded in. She led the industry’s asset allocation space by pioneering a range of mutual fund products to meet investor’s long-term investment goals. The name of the fund series goes by ‘Mung, Mee, Sri, Suk,’ which translates into ‘Wealth, Plenty, Prosperous, Happiness, or 恭喜发财 ‘gōng xǐ fā cái’ which also means, ‘wishing you grow your wealth and be prosperous.’ The funds have gained a lot of traction from investors and has successfully integrated asset allocation within the local investment culture.

None of Mrs. Chavinda’s success would have been possible without her unique qualities. Her ‘I never give up’ approach has allowed her to keep learning throughout every stage in her career. She also believes one should not hesitate to express curiosity when required to do so. A very rare personality trait about the CEO is that she is always prepared to hear people’s different opinions and is open to being criticized during any step of the way. This is uncommon for senior executives, especially in this part of Asia.

Mrs. Chavinda is one of the few female executives with investment management experience in both domestic equity and real estate. At the time of her management of the real estate funds, she had managed a total of ฿182 billion or US$5.64 billion of assets. She was in charge of launching Thailand’s first investment property fund which included the first hotel property fund, conducted the largest real estate IPO fund in Thailand at that time, and launched the first ever infrastructure fund with the Government of Thailand being the sponsor of the North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand (EGATIF). Under her supervision, the company is now going to launch a second highly anticipated Government supported infrastructure fund, the Thailand Future Fund (TFF) in October this year. In addition, she is currently the Deputy Chairman of the Association of Investment Management of Thailand (AIMC).


Krungthai Asset Management Public Company Limited
1 Empire Tower, 32nd Fl., South Sathorn
Rd., Yannawa, Sathorn, Bangkok 10120,
Thailand
Tel: +662 686 6100
www.Ktam.Co.Th


Becoming the front-runner in the asset management industry of Thailand will not make her stop there. She has steered the company to begin direct investments in neighboring frontier markets that comprise of the CLMV group, believing that Thailand will be a major bridge for trade and investments with these countries. This initiative will create a collaborative network amongst the Asian countries. Technology and human resources development are two vital ingredients that Mrs. Chavinda believes will enable Krungthai Asset Management to reach its full potential. Technology plays a huge part Mrs. Chavinda’s future plans of the business, and she has pledged to continue to onboard various technologies in all areas of the business, such as Front, Back and Middle office functions. For example, the training of employees for further skills development and the availability of more resources that enables improved financial consultation and interaction to clients. Furthermore, this year artificial intelligence is going to play a major role in the firm’s stock screening process, which would allow for reduced human time spent on research analysis, increasing productivity overall. Decision making has been speedier and more objective than ever thanks to artificial intelligence.

Today, Krungthai Asset Management offers a range investment product that meet to our client’s needs. From expertise and capabilities in mutual funds, private/provident funds, property funds/REITs, infrastructure funds, and venture capital funds. The firm is the only asset management company in Thailand with an established proprietary research team independent of the investment team.

It is fair to say Mrs. Chavinda will continue to play a major role in developing the asset management industry within the region. In the next few years, she expects Krungthai Asset Management to be a key player in the investment management sector within the Asean region as well as with neighboring countries. She lives by a very famous quote by Earl Nightingale that goes, “Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”