Gulf Energy Development appoints Smith Panomyong as new CFO

Gulf Energy Development Public Company Limited (GULF) has announced the appointment of Smith Panomyong as the new Chief Financial Officer (CFO), effective October 26, 2026. He succeeds Yupapin Wangviwat, who resigned from all positions at the company to pursue other responsibilities and is expected to join the board of SCB X Public Company Limited.

Mr. Panomyong is a returning executive for the GULF group, having previously served as Executive Vice President of Finance for Gulf Energy Development between 2018 and 2020. His professional background includes serving as CEO of SCB Asset Management from 2014 to 2018 and acting as a committee member for the Monetary Policy Committee of the Bank of Thailand in 2018. He also holds a directorship at Advanced Info Service (ADVANC).

The leadership transition follows a period of significant growth for GULF, including its merger with Intouch Holdings. In the second quarter of 2026, the company reported total revenue of 50,294 million baht, a 24% increase from the previous year, driven by natural gas power plants and renewable energy projects.