Thailand's Stock Exchange of Thailand (SET) appoints Asadej Kongsiri as president for a four-year term amidst market issues.

Thailand's Stock Exchange of Thailand (SET) has appointed Asadej Kongsiri as its new president for a four-year term starting in September. The appointment follows a share price slump, foreign fund exodus, and corporate scandals. Kongsiri, a 53-year-old with experience in investment banking and financial advisory services, aims to restore investor confidence and enhance the Thai capital market's appeal for both local and international investors.