A career central banker

Thammarak Moenjak

Thammarak is Senior Director, International Department at the Bank of Thailand, where he also continues with his deep involvements in the Bank of Thailand’s central bank digital currency (CBDC) initiatives.

Prior to his London posting in 2021-2024, Thammarak worked in the planning of virtual banking license and managing digitalization projects done with FinTech firms and commercial banks to help improve SME financing at the Bank of Thailand. Thammarak’s involvement in CBDC initiatives at the Bank of Thailand started since the planning of its wholesale CBDC project (Project Inthanon) in 2017.

A career central banker, Thammarak has also worked in the areas of monetary policy, reserves management, corporate strategy, and financial institutions policy.

Thammarak has a Ph.D. in Economics from the University of Melbourne, Australia, Master in Public Management from Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore, and B.Sc. (Econ) from the London School of Economics and Political Science, UK. He was also a Lee Kuan Yew Fellow at Harvard Kennedy School, Harvard University, USA in 2013, and Assistant Chief Representative, Bank of Thailand New York Representative Office in 2008-2009, during the height of the Global Financial Crisis.

Thammarak has served as an invited speaker, discussant, presenter, panelist on the topics of digitalization of the financial sector, central bank digital currency, cross-border payment linkages, and future skills in the digital era in various international conferences in London, Switzerland, Hungary, Dubai, Germany, Kazakhstan, and France.