LGT's Strategic Move: Appointing Anchalee Bunsongsikul as CEO of LGT Thailand
LGT, a prominent private bank and wealth manager, has made a significant move in its Asian expansion strategy by appointing Anchalee Bunsongsikul as the CEO of LGT Thailand. This appointment is a strategic move that highlights LGT's commitment to strengthening its presence in the Thai market and further expanding its wealth management business in the region.
A Leader with International Experience
Anchalee Bunsongsikul brings a wealth of experience to her new role. With over three decades of leadership in international banking, she has held positions such as President and CEO of Thailand and Representative Offices for Standard Chartered Bank. Her expertise lies in corporate banking, financial markets, and client coverage, making her an invaluable asset to LGT Thailand.
Strengthening LGT's Thai Presence
The appointment of Bunsongsikul is a strategic move to further strengthen LGT's position in Thailand. Dr. Henri Leimer, CEO of LGT Private Banking Asia Pacific, emphasizes the importance of Thailand as a market, where LGT has built a strong position through a relationship-led approach. Karn Karuhadej, Managing Director and Senior Market Adviser, highlights Bunsongsikul's extensive leadership experience, strong client relationships, and deep market knowledge, which will contribute to the continued growth of LGT's franchise in Thailand.
A Growing Presence in Asia
LGT's expansion in Asia is not limited to Thailand. Since establishing its first representative office in Hong Kong in 1986, LGT has grown into a competitive regional private bank and wealth manager. With a presence in multiple countries, including Hong Kong, Singapore, Japan, Australia, India, and the Middle East, LGT has become a significant player in the Asian private banking sector. As of 2025, LGT ranked as the sixth largest private bank in the region, managing USD 164 billion in assets under management.
Conclusion: A Strategic Move with Broader Implications
The appointment of Anchalee Bunsongsikul as CEO of LGT Thailand is a strategic move that showcases LGT's commitment to the Asian market. With her extensive experience and leadership skills, Bunsongsikul will play a crucial role in further expanding LGT's wealth management business in Thailand and the broader Asia Pacific region. This move highlights LGT's strategic vision and its dedication to providing exceptional wealth management services to clients in the region.
