PTT Philippines, a subsidiary of the National Oil Company from Thailand, has announced the appointment of Mr. Athiwat Rattanakorn as the new President & Chief Executive Officer, effective June 1, 2024. This appointment follows the retirement of Khun Sukanya Seriyothin in May.
Athiwat began his tenure in the Philippines on April 1, 2023, as the Marketing Director of PTT Philippines Corporation (PTTPC), after serving as the International and Supply Sales Division Manager at PTT Oil and Retail Business Public Company Limited (OR) in Bangkok, Thailand, for four years. His expertise in trading petroleum products includes exporting from domestic refineries to markets in Southeast Asia, including CMLV, Indonesia, Singapore, Bangladesh, China, and the Philippines. He also briefly held the role of Supply Chain Manager at OR, where he managed the procurement of petroleum products and sourcing from the international market to meet national demand.
An Economics graduate from Chulalongkorn University, Rattanakorn successfully introduced Texas Chicken to Thailand, leading its supply chain management, marketing, real estate, and business development, which resulted in the opening of 25 outlets within three years.
Before the establishment of OR, Athiwat was a Crude Oil Trader for PTT Public Company Limited (PTT Plc) in Singapore, responsible for sourcing crude oil and condensate from National Oil Companies in the Middle East, West Africa, and the Far East to supply PTT Group refineries. Also, he traded crude oil for refineries in Asia, including those in Singapore, Malaysia, Indonesia, Japan, Korea, India, and China.
Prior to his two-year trading role in Singapore, he worked in crude oil operations for PTT Plc in Bangkok for four years, following his initial position as a Planning and Analyst.
Athiwat also holds a post-graduate degree in Information Management & Systems from Monash University in Melbourne, Australia, which he earned in 2003.