He will also be chairman of the executive board, replacing Dhongchai Lamsam, who will remain the board of directors’ chairman. Suroj is currently Loxley’s president.

The board of directors also approved the adjustment of the internal management structure to make it more agile and suited to the changes in the business environments.

Part of the change is the merger of the executive board and the management board into one executive board.

The executive board will be responsible for the daily running of the business management and operation, and generating revenue conforming with the company’s business plan, vision, and mission. The new structure is effective from January 1.

Suroj said that the company has also set up the Project Investment & Evaluation Committee to assess the plans and projects for which Loxley will bid.