Revolving Door Policy
The Bank has a policy that covers the hiring of government officials for positions as directors, executives, employees, workers or advisors of the Bank. A selection process, employment approval, compensation determination and control process must be in place to ensure that the hiring of government officials is not in exchange for any benefit for the Bank, nor would it cause a conflict of interest or provide channels for corruption.
Objectives
The Bank has established a revolving door policy to provide a direction and framework for the Bank’s operations in accordance with principles of good corporate governance while being in line with the Organic Act on Anti-corruption, and as a member of Thai Private Sector Collective Action against Corruption (CAC). This policy supports the Bank’s anti-corruption policy.
The Bank encourages the implementation of the revolving door policy by companies in its financial business group as appropriate to each company.
The Bank encourages the implementation of the revolving door policy by companies in its financial business group as appropriate to each company.
Definition
The term “government official” means a civil servant or official of a local government organization who holds a position or earns fixed salary; person working in a government agency or state enterprise; local administration executive and member of a local council of local administrative organization; officer pursuant to the local administration law, including a member of a committee or sub-committee, an employee of a government unit, state enterprise or government agency; and person or group of persons who exercises, or who is designated to exercise government administration power, to perform any particular function as allowed by the law.
TOOLS & ASSISTANCE
We are ready to help you.
TOOLS & ASSISTANCE
We are ready to help you.
This Website uses cookies to provide you with the best experience and to improve the Bank’s website services in order to better serve your requirements. You can find the details about cookies use on
Cookies Policy
