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Fortune

Angelica Ang

'Without our money, people will struggle': Muangthai Capital's new CEO Parithad Petampai defends the role of microfinance in Thailand

Thailand Fortune JPMorgan SouthEast Asia the Asian Development Bank

(Credit: BRENT LEWIN VIA GETTY IMAGES)

Parithad Petampai wasn’t sure he’d be ready to take over the CEO role at Muangthai Capital, Thailand’s largest microlender. Parithad’s parents—his father Chuchat Patcharachai and his mother Daonapa Petampai—had founded the company over three decades prior.

Last August, Parithad was catapulted into the position of CEO, after a court deemed Chuchat legally incapacitated.

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