Srettha Thavisin, Thai Property Mogul Assumes PM Role

Srettha Thavisin

Srettha Thavisin, a prominent figure in the Thai property sector, has clinched the position of Thailand’s new prime minister with a decisive victory in a parliamentary vote. Supported by a significant majority of the assembly, the 60-year-old’s win brings an end to weeks of political uncertainty that followed an election held a hundred days ago.

A Visionary’s Genesis: Transition from Procter & Gamble to Sansiri

Thavisin’s professional journey commenced after his studies in 1986, when he started as an assistant product manager at Procter & Gamble. Over the following four years, he gathered invaluable insights and experience. However, it was in 1988 that he embarked on a transformative trajectory by co-founding Sansiri. This venture would evolve into one of Thailand’s premier real estate development companies, leaving an enduring imprint on the industry.

Navigating Complex Coalitions and Ensuring Political Stability

Thavisin’s election ushers in a new era of coalition politics, where he faces the intricate task of uniting a potentially delicate coalition government comprising factions aligned with the royalist military. The military, known for orchestrating coups in 2006 and 2014 that toppled major Thai political parties, holds significant influence within this coalition. Thavisin’s ability to adeptly navigate this complex coalition will wield considerable influence over Thailand’s governmental stability and trajectory.

Unveiling Srettha Thavisin: A Journey from Property to Politics

Discover the persona of Srettha Thavisin, whose path evolved from property development to the realm of politics.

Early Path and Career

Srettha Thavisin, born in Bangkok and educated in the U.S., commenced his journey at Proctor & Gamble Thailand, later becoming the president of Sansiri. Founded by his maternal family, Sansiri elevated lifestyle-oriented property development in Thailand and expanded globally, including acquiring the Standard International hotel group.

Srettha Thavisin: Shift to Political Landscape

Thavisin left his role as Sansiri’s president and CEO before the May election, choosing to step into the world of politics. Interestingly, his name didn’t appear on the ballot due to the constitution’s flexibility regarding the prime minister’s parliamentary membership.

Challenges and Approach

Srettha faced hurdles in his campaign, including opposition from Pheu Thai supporters and skepticism from business peers. Staying true to his candid business style, he engaged with diverse stakeholders, eschewing extravagant promises for meaningful dialogue.

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