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Sarath steps aside from InTouch role

Sarath steps aside from InTouch role

Vice-chairman resigns following firm’s recent restructuring

The Bangkok headquarters of Advanced Info Service. InTouch Holdings is the largest shareholder of AIS.

Energy tycoon Sarath Ratanavadi has stepped down as vice-chairman of the board of InTouch Holdings following a crucial restructuring of the firm, which saw a major downsizing and the elimination of four business units.

His resignation took effect on May 11, according to a notification sent by InTouch to the Stock Exchange of Thailand.

Mr Sarath is the chief executive and biggest shareholder of Gulf Energy Development Plc, Thailand’s biggest private power producer by market value.

He…

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