Mercer names Juckchai Boonyawat as new top boss in Thailand

25 June 2019 3 min. read
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Global human capital consultancy Mercer has appointed senior executive Juckchai Boonyawat as its new CEO for Thailand.

An executive with more than 20 years’ experience in the finance and consulting sectors, Juckchai Boonyawat has been named as the new Thailand CEO for global human capital consultancy Mercer. Boonyawat joins a new-look regional leadership team, with Indonesia and Singapore CEOs Bill Johnston and Peta Latimer recruited last year and Prashant Chadha appointed as the CEO of Mercer’s Malaysian practice in February.

“Thailand is one of Mercer’s fastest growing markets in Asia,” said Mercer Asia CEO Renée McGowan, who also took up the role last year (albeit having joined the firm in 2001). “With Juckchai leading Mercer in Thailand, we will grow our capacity to deliver on the needs of local businesses and their people. We will be their partners in enabling sustainable growth, creating healthier workforces, and helping their employees become future-ready.”

Replacing former CEO Ake Ayawongs, who has transferred as a Partner and Office Business Leader to the firm’s San Francisco office, Boonyawat joins Mercer after more than two and a half years as a Managing Director at Family Know-How (Money Channel), formerly a joint venture entity of the Stock Exchange of Thailand – prior to which he served for over five years as the Bangkok-based Chief Distribution Officer at Manulife Asset Management.

Juckchai Boonyawat – CEO Thailand – Mercer

Earlier in his career, Boonyawat held roles a Vice President at a local asset management firm and as the Regional Assistant Vice President and Head of Sales & Marketing for AIA’s Group Employee Benefits (EB) in Thailand. He holds a Master’s degree in international relations and economics from Bond University in Australia, and is himself a casual lecturer in economics and statistics at a public university in Thailand.

“I’m looking forward to leading Mercer’s team in Thailand,” Boonyawat said. Mercer has a long history of helping Asian businesses and their people grow, and a strong understanding of the unique needs and challenges faced by local businesses. This specialised knowledge, combined with their expertise on a global and regional level, will serve Thai businesses well, particularly as interest in investing in local businesses from across the Asia Pacific region continues.”

Meanwhile, the Philippines branch of Mercer has also made a senior appointment this month with Harold Tan named as the new leader of its Wealth practice. Tan crosses after four years with Maybank Philippines, where served as a Vice President and Head of Premier Wealth, prior to which he spent seven and a half years with at Standard Chartered, latterly as its head of investment strategy and advisory in the Philippines.

“While we are best known in the market for our capabilities in health, retirement and workforce consulting, we have a successful Wealth business in Asia,” said Mercer Philippines CEO Teng Alday. “Harold’s extensive experience in the wealth and banking sectors boosts the expertise and leadership of Mercer Philippines and further enhances its capabilities to proactively grow its local Wealth business.”