Thai central bank appoints Sauwanee Thairungroj as new MPC member

Thai central bank appoints Sauwanee Thairungroj as new MPC member

Thai Central Bank Appoints Sauwanee Thairungroj as New MPC Member
February 25, 2026

The Bank of Thailand (BOT) has appointed Sauwanee Thairungroj as a new member of the Monetary Policy Committee (MPC), reinforcing the institution's commitment to maintaining price stability and fostering economic growth. The MPC, responsible for setting monetary policy in Thailand, comprises seven members, including the BOT Governor, two Deputy Governors, and four external members. External members serve fixed three-year terms and are barred from consecutive reappointment beyond two terms to ensure diverse perspectives and institutional balance.

The MPC's primary responsibilities include setting monetary policy targets, managing exchange rate regimes, and implementing measures to achieve economic objectives outlined in the Bank of Thailand Act. Decisions are informed by domestic and global economic data, including inflation trends, commodity prices, and international monetary policies. The committee meets six times annually to assess risks and adjust policy accordingly.

Sauwanee Thairungroj's appointment aligns with the MPC's mandate to incorporate external expertise in its decision-making process. While specific details about her professional background are not disclosed in available materials, her inclusion underscores the BOT's emphasis on balanced representation. The MPC's annual policy targets, agreed upon with the Minister of Finance and approved by the Cabinet, will now benefit from her insights as the committee works to navigate evolving economic conditions.

The BOT has not disclosed further details about Thairungroj's term or prior experience. However, her role will be critical in supporting the MPC's biannual reporting to the Cabinet and ensuring alignment with Thailand's broader economic policies. With global uncertainties persisting, the appointment signals the central bank's intent to strengthen its analytical capacity and policy responsiveness.

Bank of Thailand, Monetary Policy Committee Structure and Responsibilities