Thai Airways names new acting president

The board of Thai Airways International Pcl has appointed Air Chief Marshal Siwakiat Jayema as acting president from July 1 as the country's military rulers reshuffle and restructure the loss-making carrier hit by months of political unrest. Siwakiat, also a board member, replaced Chokchai Panyayong, who had resigned from the acting post while maintaining his job as senior executive vice president in charge of corporate strategy and sustainable development, the airline told the Stock Exchange of Thailand on Friday. This month the airline said other board members, including former chairman Ampon Kittiampon, would step down. Air Chief Marshal Prajin Juntong, who is overseeing economic matters for the junta, remains chairman of Thai Airways to help turn around the state-controlled airline after the junta refused his resignation.

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