The exit follows a period of intense activity in Thailand’s private banking sector, where institutions including SCB Julius Baer, HSBC, and DBS have been aggressively strengthening their local leadership teams. Schroders stated that its regional business remains supported by a team of experienced professionals who provide both local market expertise and global investment insights.
Schroders Seeks New Leadership for Thailand Wealth Business
Arthit Thongcharoen has stepped down as the head of Schroders’ Thailand operations after nine years with the UK-based asset manager. The firm confirmed his departure this week, noting that a search for a successor is currently underway to maintain its footprint in the competitive Southeast Asian wealth market.
While the firm navigates this leadership transition, it continues to reorganize its regional structure. Earlier this June, the company appointed Sharon Sim to lead its business development efforts across Asia, signaling an ongoing commitment to growth in the region despite the vacancy in Bangkok.
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