Bankers Wanted for Thai Lender Looking to Triple Overseas Staff

  • Kasikornbank looks to increase staff abroad to 2,800 people
  • Thai banks look overseas to counter sluggish domestic market
Pipit AneaknithiSource: Kasikornbank Pcl
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One of Thailand’s largest lenders is on an overseas hiring blitz for jobs in technology and digital banking, as it boosts a regional expansion strategy to counter slowing domestic growth.

Kasikornbank Pcl expects to increase staff at its overseas operations to about 2,800 by the end of next year, up from about 900 currently, according to co-president Pipit Aneaknithi. It’s part of a growth strategy abroad -- that includes lifting its stake in PT Bank Maspion Indonesia -- that’s seeking to boost international revenue to more than 5% in 2023 from less than 1% now, he said.