About CMDF
Board of Governors
Structure of the Capital Market Development Fund Committee
The Fund Committee consists of
Chairman
Chairman of the Stock Exchange of Thailand
Vice Chairman
A Deputy Secretary-General, assigned by the Secretary-General of the Securities and Exchange Commission, serving as the Vice Chairperson.
Member
- Representative of the Ministry of Finance
- Representative from the Bank of Thailand
- Representative of the Office of Insurance Commission (OIC)
- The President of the Stock Exchange of Thailand serves as a member of the Board.
3 Qualified Experts
Appointed in accordance with the procedures of the Board of the Stock Exchange of Thailand, serving as Directors, with the Fund Manager serving as Secretary.
Secretary
CMDF Fund Manager
Fund Committee
Professor Kitipong Urapeepatanapong
Chairman
Chairman of the Stock Exchange of Thailand
Mr. Anek Yooyuen
Vice Chairperson
Deputy Secretary-General as assigned by the Secretary-General of the Securities and Exchange Commission
Mr. Choompol Suwanakijboriharn
Governor
Representative from the Ministry of Finance
Dr. Piti Disyatat
Governor
Representative from the Bank of Thailand
Mr. Surin Tanasupapol
Governor
Representative from the Office of Insurance Commission
Mr. Pichet Sithi-Amnuai
Governor
Committee Members: Expert members
appointed by the SET Board
Miss Sopawadee Lertmanaschai
Governor
Committee Members: Expert members
appointed by the SET Board
Dr. Kulpatra Sirodom
Governor
Committee Members: Expert members
appointed by the SET Board
Mr. Asadej Kongsiri
Governor
President of the Stock Exchange of Thailand
Mr. Juckchai Boonyawat
Secretary
President of Capital Market Development Fund
As of 1 Jan 2026
Sub-Committees
Audit Committee
Composition of the Audit Committee
The committee consists of no fewer than 3 and no more than 5 members.
Comprises the following individuals:
01
Chairman
Mr.Choompol Suwanakijboriharn
02
Member
Mr.Surin Tanasupapol
03
Member
Ms.Sopawadee Lertmanaschai
Responsibilities of the Audit Committee:
Examine and report the findings to the Fund's Board
1
Financial Reporting
2
Internal Audit
3
External Auditor
4
Internal Control และ Risk Management
5
Compliance
6
Whistleblowing and Fraud
Perform any other duties as assigned by the Fund Committee.
Investment Sub-Committee
Comprises the following individuals:
01
Chairman
Mr.Choompol Suwanakijboriharn
02
Member
Mr.Surin Tanasupapol
03
Member
Ms.Sopawadee Lertmanaschai
Responsibilities of the Investment Sub-Committee:
Review and vet proposals before presenting them to the Fund Committee for approval:
1
Investment Objectives
2
Return Objectives
3
Overall Investment Risk Levels
Review and approve the following:
1
Investment Allocation and Benchmarks
2
Types of Assets and Transactions Permitted
3
Investment Framework for Each Asset Type
4
Risk Management Framework
Perform other duties as assigned by the Fund Committee.
Nomination and Remuneration Sub-Committee
Comprises the following individuals:
01
Chairman
Mr.Choompol Suwanakijboriharn
02
Member
Mr.Surin Tanasupapol
03
Member
Ms.Sopawadee Lertmanaschai
Responsibilities of the Nomination and Remuneration Sub-Committee:
Recruitment
Remuneration Review
Performance Evaluation of the President
Perform other duties as assigned by the Fund Committee.
Research Sub-Committee:
Comprises the following individuals:
01
Chairman
Mr.Choompol Suwanakijboriharn
02
Member
Mr.Surin Tanasupapol
03
Member
Ms.Sopawadee Lertmanaschai
Responsibilities of the Research Sub-Committee:
Provide advice and recommendations, and review research studies on the capital market that can connect and produce beneficial research for the market.
Review and approve research funding or academic support and/or projects proposed within the specified scope.
Perform other duties as assigned by the Fund Committee.
As of 24 Jan 2026
Advisory Committee CMRI Research
To provide constructive recommendations to guide the research direction of the Capital Market Research Institute
To promote integrated research efforts and generate studies that support the sustainable development of the Thai capital market.