Bangchak Corporation Public Company Limited, or BCP, has disclosed progress in its senior management restructuring. Mr. Chaiwat Kovavisarach, the current Chief Executive Officer of the Bangchak Group and President, will step down upon the completion of his term under his employment contract on December 31, 2026. At the company's board meeting No. 12/2026 held on September 17, 2026, a resolution was approved appointing Mr. Bandit Hansaphaiboon, currently Chief Executive of the Refinery and Marketing Business Group, to succeed him as Chief Executive Officer of the Bangchak Group and President. The appointment will take effect from January 1, 2027 onward.
Bangchak Corporation Public Company LimitedBCP appoints Bandit Hansaphaiboon as new CEO effective Jan 1, 2027, replacing Chaiwat Kovavisarach; a leadership succession with no stated operational or financial driver.
