Paul Ark (Polapat Arkkrapridi) has been appointed head of venture capital for SCB Ventures, the $50m strategic investment fund formed by Thailand-based financial services firm Siam Commercial Bank.
SCB Ventures was launched in the first quarter of 2016 with a brief to invest in financial technology developers at series A stage or later, according to DealStreetAsia.
Siam Commercial has also established an incubator and a lab subsidiary that will work on innovative technologies.
Ark comes to SCB from consulting group PYI where he served as a director. Prior to joining PYI in 2015, he advised Microsoft Retail on its strategy in Greater China.
– Photo of Paul Ark courtesy of Twitter