Thai Airways International has a new board dominated for the first time by business leaders and bankers, rather than military or government officials. Shareholders, led by the finance ministry which owns 93% of Thai's equity, elected Virabongsa Ramangura as new chairman to lead the 15-member board at an extraordinary general meeting on 5 October. Virabongsa is currently chairman of the Bangkok Expressway and was formerly head of a pulp and paper company. The previous board, dominated by government officials, resigned last month over "internal conflicts" within the airline. A new president is to be named on 9 October.
Source: Flight International