MUMBAI: Asian satellite operator Thaicom Plc has appointed Paiboon Panuwattanawong as the new CEO and authorised director of Thaicom, effective from October 1. 

Panuwattanawong has been serving Thaicom for 23 years now with the last six years in the role of chief technical officer (CTO).

The previous CEO, Suphajee Suthumpun, will serve as an adviser to support the new CEO during the leadership transition period from 1 October - 31 December.  

During her four years at Thaicom, Suthumpun created sustainable growth and success for Thaicom and the Intouch Group. 

Suthumpun's efforts and accomplishments have been widely recognised and honoured by many reputable customers, Thai and international institutions alike.

Over the past few years, the company has been implementing a succession plan in order to ensure business continuity. Panuwattanawong was identified as the natural successor to Suthumpun as CEO. 

Bachelor of Engineering (Electronics) from Yale University, Panuwattanawong has also attended the Directors Certification Program at Thai Institute of Directors Association in 2009.