Dr. Arak Sutivong is the Deputy CEO of SCB X Public Company Limited (SCBX), driving new business, innovation, and R&D efforts. He leads the growth of the group's blockchain and digital assets through strategic investments, innovation strategy, and value creation. Additionally, Dr. Arak serves as CEO of SCB DataX Co., Ltd. (DataX) where he spearheads the efforts to build a strong foundation and bolster competitiveness with a focus on big data, data science, and artificial intelligence. His leadership is pivotal to SCBX Group's aspiration of becoming a leading regional financial technology company group, with an AI-First Organization as the central tenet, driving transformative initiatives for long-term sustainability.
Dr. Arak also assumes the role of Chairman of the Board of Directors at InnovestX Securities Co., Ltd. (InnovestX), a subsidiary of SCBX Group focused on transforming the banking and finance industry through investment innovations and accelerating digital investment growth.
Before his current role, Dr. Arak served as President of Siam Commercial Bank Public Co., Ltd. (SCB), CEO of InnovestX, and CEO of SCB 10X under the SCBX Group, where he joined in 2010.
Prior to joining SCBX Group, Dr. Arak gained over 10 years of experience in leading multinational corporations. He worked at McKinsey & Company's Southeast Asia office, advising clients on strategy and corporate finance across industries like telecommunications, technology, energy, and government. Additionally, he worked at Qualcomm Inc. in the U.S.A, leading wireless telecommunications R&D and co-authoring over 50 U.S. patents.
Dr. Arak holds B.S. and M.S. degrees in Electrical and Computer Engineering from Carnegie Mellon University, along with a Ph.D. in Electrical Engineering from Stanford University.