Krungsri joins with King Mongkut's Institute of Technology Ladkrabang to accelerate the development of tech ecosystem and drive knowledge and innovation in Thailand

04 Dec 2023

Krungsri (Bank of Ayudhya PCL and its business units) collaborates with King Mongkut's Institute of Technology Ladkrabang (KMITL) to enhance Thailand's tech ecosystem in a partnership that aims to bolster education, facilitate research, and foster innovative initiatives. The collaboration involves sharing knowledge and opportunities with students, communities, and society, to contribute to the advancement of both institutions with a commitment to play a role in propelling Thailand towards a sustainable future driven by knowledge and innovation.

Krungsri joins with King Mongkut's Institute of Technology Ladkrabang to accelerate the development of tech ecosystem and drive knowledge and innovation in Thailand

Dr. Vasin Udomratchatavanich, Krungsri Chief Human Resources Officer, said, "In the information technology labour market the demand for tech talent is exceptionally high. Recognising the significance of learning opportunities and hands-on experience in strengthening students' potential for the labour market, the Bank and its subsidiaries, namely Krungsri Finnovate, Krungsri Nimble, Krungsri Consumer, and Krungsri Auto, are ready to offer comprehensive support by sharing knowledge and providing hands-on experience in technology and innovation for both students and staff at King Mongkut's Institute of Technology Ladkrabang. Our commitment extends to creating avenues for students to further cultivate their expertise and skills, allowing them to engage in real-world scenarios and collaborative problem-solving within a team. Such experiences contribute to the capabilities of graduate students. Furthermore, Krungsri is ready to support research in technology to foster innovation. This initiative aligns with our vision of establishing a Tech Ecosystem that propels business growth as well as contributing to the development of the country."

Assoc. Prof. Dr. Khomsan Maleesi, President of King Mongkut's Institute of Technology Ladkrabang, said, "Our collaboration with Krungsri aligns with KMITL's vision of becoming The World Master Of Innovation. With our commitment to advancing the country through science, technology, and innovation, KMITL is actively forming working networks nationally and globally. Our goal is to cultivate skilled human resources well-versed in science and technology, guided by ethical principles, and dedicated to preserving the rich art and culture of our nation. We extend our gratitude to the administrators and individuals in every sector whose understanding and shared interests have laid the foundation for this collaboration. Together, we are dedicated to the ongoing development of academic knowledge, fostering continuous research and innovation for the greater benefit of society and the nation."

This collaboration aims to pioneer the development of innovative solutions and foster advancements in technology and related fields. This includes the cultivation of the potential of students and staff from both parties with aim to establish a tangible exchange of intellectual capital through various activities, including the creation of joint study and research projects. The focus extends to the development of science, technology, engineering, information technology, and related fields, facilitated by the establishment of training programs and seminars to collectively enhance the skills of individuals and introduce new capabilities to align with present demands. Moreover, the collaboration supports the initiation of new startup companies by students and staff from both the Bank and its subsidiaries and KMITL. The aim is that this collaboration will serve as a pivotal driving force in constructing a comprehensive Tech Ecosystem and propel Thailand towards a sustainable future.

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