Central Group, Thailand’s leading retail and service conglomerate with a business footprint spanning Southeast Asia and Europe, has announced the appointment of its new Board of Directors. The new appointments came into effect from 1 January 2026, following the completion of the outgoing Board’s term on 31 December 2025.
This transition aims to further strengthen corporate governance, enhance the effectiveness of organizational oversight, and support the Group’s long-term strategic direction.
Following the completion of the shareholder appointment process, the newly appointed Board convened a special meeting and passed resolutions to appoint the Chairman and Vice Chairmen as follows:
Central Group Board of Directors
- Prof. Emeritus Dr. Suthiphand Chirathivat Chairman
- Yuwadee Chirathivat Vice Chairman
- Kobchai Chirathivat Vice Chairman
- Sudhisak Chirathivat Director
- Sudhitham Chirathivat Director
- Dr. Prasarn Trairatvorakul Director
- Nidsinee Chirathivat Director
- Suthilaksh Chirathivat Director
- Narongrit Chirathivat Director
- Wallaya Chirathivat Director
- Prin Chirathivat Director
- Thiradej Chirathivat Director
- Tos Chirathivat Director
- Suparat Chirathivat Director
- Natira Boonsri Director
New Leadership Trio
The newly appointed Board has elected a leadership team that blends academic mastery with world-class operational expertise:
- Prof. Emeritus Dr. Suthiphand Chirathivat (Chairman): An internationally acclaimed economist and expert in macroeconomics and regional integration. His appointment signals a focus on navigating the complex global economic landscape.
- Yuwadee Chirathivat (Vice Chairman): A retail icon and the first female President of the Intercontinental Group of Department Stores (IGDS). Her expertise in brand building and international customer experience remains a cornerstone of the Group’s luxury retail strategy.
- Kobchai Chirathivat (Vice Chairman): A specialist in commercial real estate and investment with deep experience in corporate structuring and board oversight for major listed entities.
Additionally, the Board has appointed Suthikiati Chirathivat as Honorary Chairman, ensuring the Group maintains the foundational wisdom that has driven its success for decades.
Growth Anchored in Governance and Sustainability
Prof. Emeritus Dr. Suthiphand Chirathivat, Chairman of Central Group, stated:
“At the heart of organizational development is the creation of shared value that grows alongside Thai society. Central Group is committed to creating quality living spaces that reflect the unique identity of each community, while connecting people, businesses, and society—much like a large family built on deep local roots and growing into a presence on the national and international stage.
In a rapidly changing world, progress must be grounded in strong corporate governance, comprehensive oversight, and the ability to adapt across all contexts. With a firm base and the collective strength of all stakeholders, I am confident that Central Group will continue to move forward with stability while expanding its positive contribution to the economy, society, and the country over the long term.”
The appointment of the new Board of Directors marks an important milestone in further strengthening Central Group’s governance structure and advancing its organizational capacity to meet future challenges. Building on the continuity of vision from past stewardship, Central Group is confident that this transition will elevate management standards, sharpen competitiveness, and reaffirm the Group’s contribution as a key driving force for social and economic advancement in the countries in which it operates, toward sustainable development and growth.eader in the global retail arena.
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