Ruenvadee SuwanmongkolAugust 30, 2018
Ms. Suwanmongkol received her M.B.A. from Walter A. Haas School of Business, University of California, Berkeley. She is the Director General of the Legal Execution Department (LED) at the Ministry of Justice in Thailand, where she is responsible for both civil judgment and insolvency enforcement. As the only department within the Ministry responsible for civil justice system, the LED must fortify investors’ confidence—reflected in an influx of Foreign Direct Investment (FDI)—as well as economic development and national competitiveness. Under her leadership, proactive initiatives, along with proposed legal development and amendments include, most notably, the improvement of Thailand’s ranking to number 23 out of 190 economies in the 2017 Doing Business of the World Bank (moving up 26 positions), to number 1 in the ASEAN region, and to number 4 in Asia. Other positive outcomes include the realignment of the Civil Procedure Code and Insolvency Act with international standards, and enhancement of investors’ confidence, which further contribute to the growth of the national economy.