Thai property tycoon Srettha Thavisin has been elected as the new prime minister of Thailand following a decisive win in a parliamentary vote. The 60-year-old Thavisin’s victory in the parliamentary vote, with the support of two-thirds of the assembly, ends weeks of political uncertainty that followed an election held 100 days ago.
Srettha Thavisin after completing his studies in 1986, embarked on his professional path, assuming the role of an assistant product manager at Procter & Gamble. This initial chapter of his career spanned a duration of four years, during which he gained valuable insights and experience. However, it was in the year 1988 that he embarked on a transformative journey, co-founding Sansiri. This enterprise would go on to establish itself as one of Thailand’s foremost real estate development companies, leaving an indelible mark on the industry.
Srettha Thavisin’s election as prime minister ushers in a new era of coalition politics. He faces the challenging task of holding together a potentially fragile coalition government, which includes parties affiliated with the royalist military. The military, notorious for orchestrating coups in 2006 and 2014 that toppled Pheu Thai (a major Thai political party) governments, holds a significant stake in this coalition. Thavisin’s ability to navigate the intricacies of this coalition will play a pivotal role in determining the stability and direction of Thailand’s government.
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