Supachai Panitchpakdi

Supachai Panitchpakdi

Dr. Supachai Banibadi accepted the appointment of the United Nations General Assembly in January 2005 and began his first term as Secretary General of the United Nations Conference on Trade and Development. He was re elected in September 2009 and served u

2019-03-30  

Dr. Supachai Banibadi accepted the appointment of the United Nations General Assembly in January 2005 and began his first term as Secretary General of the United Nations Conference on Trade and Development. He was re elected in September 2009 and served until August 2013. Previously, he served as the Director General of the World Trade Organization (WTO) from 2002 to 2005, Deputy Prime Minister of Thailand from 1992 to 1995, and Minister of Commerce from 1992 to 2001. He has published multiple works, such as Education Development in Developing Countries, Globalization and Trade in the New Millennium, China and the Changing World Trade Organization, and co authored by Mark Clifford. Supachai Banibadi was born into a wealthy business family in Bangkok. When he was a child, Supachai achieved excellent academic performance. In 1960, at the age of only 14, Supachai completed high school and entered the university preparatory program. Supachai's initial ideal was to become a doctor, but in 1963, a youth training officer at the National Bank of Thailand took a fancy to the talented Supachai. His words moved Supachai, who believed that a great economist could save more lives. Supachai also gave up studying medicine and switched to economics. Afterwards, Supachai, who received a scholarship from the National Bank of Thailand, began a 10-year European study experience. During his studies at Erasmus University in Rotterdam, the Netherlands, Supachai Banibadi obtained a master's degree in econometrics and development planning, as well as a doctoral degree in economic planning and development. In 1973, Dr. Supachai completed his doctoral thesis on human resource planning and development under the guidance of the first Nobel laureate in economics, Professor Jane Dingbergen. After completing his studies and returning home, Dr. Supachai joined the Central Bank of Thailand in 1974; In 1986, he entered the political arena and was elected as a member of the Thai Parliament, serving as the Deputy Minister of Finance. In 1992, Dr. Supachai was appointed as a senator, and in the same year, he served as Thailand's Deputy Prime Minister, entrusted with overseeing the formulation of the country's economic and trade policies. During his tenure, Supachai actively participated in international political activities and represented Thailand at the signing ceremony of the Uruguay Round agreement held in Marrakech in 1994. In 1998, he served as a director and advisor at the Thai Military Bank and later became the president. In 1997, Dr. Supachai was once again appointed as Deputy Prime Minister and Minister of Commerce, at a time when the Asian financial crisis had affected Thailand. Supachai was tasked with formulating Thailand's economic and foreign trade policies, playing an important role in leading Thailand through the financial crisis. In September 2002, Supachai officially took over from Moore as the first Asian to serve as the Director General of the World Trade Organization. During his tenure, he performed outstandingly, especially in promoting the Doha Round process, making contributions to the economic development of developing countries and the achievement of the United Nations Millennium Development Goals. He adhered to his promise at the beginning of his tenure and sought equal trade rights for developing countries. After becoming the Director General of the World Trade Organization, Supachai was very friendly to China, and he has repeatedly praised China's performance after its accession to the WTO. In addition, he is concerned about some regional agreements, such as the Asia Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN)