Choti Lamsam (Chinese :伍柏林; pinyin :Wǔ Bǎilín; Thai : โชติ ล่ำซำ; RTGS: Chot Lamsam) was a Thai businessman who founded the Kasikornbank or otherwise known as the Thai Farmers Bank in 1945 with registered capital of Baht 5 Million. The bank has been listed on the Stock Exchange of Thailand (SET) since 1976. [1] [2]
Choti was born in 1879 to a Hakka family. His father, Ng Yuk Long, was a second generation Thai Chinese with ancestry from Guangdong province. After Ng Meow Ngian, Yuk Long's father died, he took over and expanded the family's timber business. He also owned agricultural trading, saw mills and rice mills. After 1932, he set up an insurance and banking business. In 1939, Yuk Long was murdered by the local Chinese mafia. Choti and his brothers, Julin and Kasem, then took over the family business. During World War II, the banking industry started to grow and Choti established Thai Farmer Bank on June 8, 1945, focusing on retail banking and customers in the rural areas. Choti died in 1948 (2491 BE). [3]
Choti Lamsam's grandson, Banthoon Lamsam, is ranked as the 21st richest in Thailand, Forbes, 2014. [4]
Tsai Wan-lin was a Taiwanese businessman who, at the peak of his wealth in 1996, was considered to be the fifth richest person in the world, with a family net worth of US$12.2 billion. At the time of his death in 2004, he was the richest man in Taiwan with a fortune of US$4.6 billion, ranked 94th worldwide. He founded the Lin Yuan Group, a large banking and insurance group.
Kasikornbank, often stylised as KBank and formerly known as the Thai Farmers Bank, is a banking group in Thailand. KBank was established on 8 June 1945 by Choti Lamsam, with registered capital of five million baht. It has been listed on the Stock Exchange of Thailand since 1976. On 8 April 2003, Thai Farmers Bank PCL changed its English name to Kasikornbank PCL.
Thai Chinese, are Chinese descendants in Thailand. Thai Chinese are the largest minority group in the country and the largest overseas Chinese community in the world with a population of approximately 7-10 million people, accounting for 11–14 percent of the total population of the country as of 2012. It is also the oldest and most prominently integrated overseas Chinese community, with a history dating back to the 1100s. Slightly more than half of the ethnic Chinese population in Thailand trace their ancestry to Chaoshan. This is evidenced by the prevalence of the Teochew dialect among the Chinese community in Thailand as well as other Chinese languages. The term as commonly understood signifies those whose ancestors immigrated to Thailand before 1949.
The Bangko Sentral ng Pilipinas is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.
Henry Tan Chi Sieng Sy Sr. was a Filipino businessman.
Mian Muhammad Mansha is a Pakistani business magnate who is the current chairman of MCB Bank. His family owns Nishat Group. Mansha and some of his immediate family members are among the highest tax-paying individuals in Pakistan.
Wee Cho Yaw was a Singaporean banker, businessman, investor, and philanthropist. He was chairman emeritus and honorary adviser of United Overseas Bank (UOB), and chairman of the UOL Group.
Ng Teng Fong was a Singaporean real estate tycoon with a major presence in Hong Kong. He is the father of Robert Ng. In 1997, Forbes listed the two as the 30th richest people in the world.
EastWest Bank, formally known as East West Banking Corporation, is the eleventh largest bank in the Philippines in terms of assets. It was founded in 1994 in Manila by the late tycoon, Andrew Gotianun and his wife. It is a member of the Filinvest Group, led by the Gotianun family. Its headquarter is located at The Beaufort, a condominium building by Filinvest in Bonifacio Global City.
Point of No Return is a 30-episode TVB drama broadcast between November 2003 and December 2003. It is a story about a family shipping business and various love triangles set in Guangzhou, China, in the 1920s. This series again saw Julian Cheung and Charmaine Sheh as an on-screen couple after their partnership in Return of the Cuckoo (2000), and as with previous occasions, their on screen chemistry was praised by audiences.
Sudhir Ruparelia is a Ugandan business magnate and investor. He is the chairman and majority shareholder in the Ruparelia Group companies. His investments are mainly in the banking, insurance, education, broadcasting, real estate, floriculture and hotels and resorts sectors.
Banyong Lamsam is a senior banker in Thailand. He is the former chairman of Kasikornbank PLC, director of Com-Link Company Limited, director of Bangkok Inter-Continental Hotels and director of Industrial Finance Corporation of Thailand PLC. He is third son of Choti Lamsam, founder of Kasikornbank. The former chairman Bancha Lamsam is Banyong's elder brother. He graduated from Chiang Mai University and the University of New Mexico.
Krit Ratanarak is a Thai-Chinese billionaire businessman, and the chairman of Bangkok Broadcasting & Television Company and head of one of Thailand's leading family business groups. He is also a former member of the Thai Senate. The Ratanarak family have substantial holdings in a number of Thai-based companies including Bank of Ayudhya, Siam City Cement, Allianz Ayudhya Capital, Matching Maximize Solution, Media Studio, Grand Canal Land and Eastern Star Real Estate as well as holding a majority stake in Bangkok Broadcasting & Television, which operates Thailand's Channel 7. The group also owns HR Pro Security and Services, one of the largest security firm in Thailand.
Dee Ching Chuan was a prominent Chinese Filipino businessman, philanthropist, and activist known as the Philippine "Lumber King" during the American colonial rule. He was the youngest president of the Philippine Chinese General Chamber of Commerce from 1919 to 1924 and founded China Banking Corporation in 1920. He also founded Chinese language newspapers Chinese Commercial News and The Fookien Times.
Chuan Ratanarak was a self-made Thai businessman who built one of the largest and most powerful business empires in Thailand. Starting with nothing, Chuan was one of the legendary generation of Chinese merchants in Thailand to achieve success in one generation. By the time of his death in August 1993, age 73, Chuan was at the head of one of the three dominant business families in Thailand - the others being the Sophonpanich family and the Lamsam family - and the business group Chuan had created, the Ratanarak Group, included Thailand's most successful terrestrial broadcaster, a major retail banking and insurance group and the country's second largest cement producer. Comparing Thai and US entrepreneurs, Professor Krishnamra, Director of the Sasin Business School at Thailand's Chulalongkorn University, has said “given the size of the market and the stage of development, Chuan as an entrepreneur was comparable to the Vanderbilts or Rockefellers”. Chuan is the father of Krit Ratanarak and the grandfather of Chachchon Ratanarak.
Banthoon Lamsam (Thai: บัณฑูร ล่ำซำ; RTGS: Banthun Lamsam), or nicknamed Pan (ปั้น); Chinese: 伍萬通; born 15 January 1953 is a Thai business executive and the successor to the family business, Lamsam. He is the son of Bancha Lamsam and Thanphuying Sam-aungvarn Lamsam. The Lamsam family is one of the wealthiest and most powerful families in Thailand. Bantoon is Lamsam 5th generation and heading family's banking and insurance flagship. He is currently the Chairman of the Board and Chief Executive Officer of Kasikornbank, the top financial service provider group in Thailand.
The Lamsam family is a Thai family of Chinese descent. Notable as the founders of Kasikornbank, the extended family owns businesses in the banking and insurance industries. The family's current head, Banthoon Lamsam, together with his family, is listed by Forbes as the 27th richest in Thailand in 2017.
Nualphan Lamsam, nicknamed Madame Pang, is the President and Chief Executive Officer of Muang Thai Insurance, and current president of the Football Association of Thailand.
Liu Yonghao is a businessman in agribusiness in China. He is the founder and chairman of New Hope, the biggest animal feed producer in China. He is also involved in banking. As of 2019, He was ranked the 19th richest in China by Forbes in China.
Tan Sri Frank Tsao Wen-king was a Chinese-born entrepreneur who established shipping and textiles businesses in Hong Kong, Malaysia, Singapore and Thailand.