AT A GLANCEarrow-down
AT A GLANCE
OUR PILLARS
OUR APPROACHES
OUR ECOSYSTEMS
OUR TEAM
OUR BRAND
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THE MOONSHOT
MISSION

SCB 10X Co., Ltd., a holding company among other subsidiaries of Siam Commercial Bank (SCB Group), was established in January 2020 with "The Moonshot Mission" to achieve exponential growth through technology innovations and investments beyond banking via its three arms: Venture Builder, Venture Capital and Strategic Investment & Partnership. The Moonshot Mission represents ideas, creations that capture future market needs beyond frontier.

OUR 3 MAIN BUSINESS PILLARS

VENTURE BUILDER

Venture Builder supports talented individuals or business entrepreneurs with funding, as well as the “Venture Building Platform.” The Venture Building Platform assists entrepreneurs with fast and easy ramp up of their venture business, from product experiment up to scale-up. For example, it provides a network of talent for entrepreneurs for fast talent sourcing and recruitment, efficient middle & back-office operations as shared services, and a well-connected network of partners.

VENTURE CAPITAL

Venture Capital invests in early stage startups in promising technology areas globally, to generate both strategic and financial returns for SCB. Our investment focus is primarily in the areas of Fintech and Financial services, Blockchain and Decentralized Finance (DeFi), Digital Work and Lifestyle, Digital Health and Wellness, Interconnected World and IoT, and Deeptech.

STRATEGIC INVESTMENT & PARTNERSHIP

Strategic Investment & Partnership invests and partners with growth stage technology companies, which are in the area of SCB 10X’s four priority ecosystems; Fintech and Financial Services, Blockchain Bank and Decentralized Finance (DeFi), Digital Work and Lifestyle, and Digital Health and Wellness. We look for opportunities to provide capital to technology companies and to collaborate with them, in order to develop new technology joint ventures or partnerships, further enhancing value for the businesses that we establish together with our partners.

OUR STRATEGIC APPROACHES

Leverage on partnership to “rapidly
and effectively” expand into regional
market
Focus on asset-light approach with a
digital disruptor mindset
Attract regional tech talents to scale
up and replicate success across
Southeast Asia
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OUR PRIORITY ECOSYSTEMS

FinTech
Blockchain-Based
Financial Services
and Digital Assets
Digital Work and
Lifestyle
Digital Health and
Wellness

MEET THE EXPLORERS

BOARD OF DIRECTORS
MANAGEMENT TEAM
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Arthid Nanthawithaya
Chairman of the Board of Directors
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Arthid Nanthawithaya

Chairman of the Board of Directors

Arthid joined SCB 10X in 2020 as Chairman of the Board of Directors.

 

Arthid commenced his career at the Siam Commercial Bank’s Treasury Department in 1994, before moving on to Cargill Financial Services as Hedge Fund Manager in 1998. After that, he joined Standard Chartered Bank, where he rose to the position of Managing Director and Regional Head of Capital Markets, Southeast Asia. Arthid re-joined the Siam Commercial Bank in 2008 as Senior Executive Vice President, Corporate Banking Group. He was appointed as Chief Executive Officer and Vice Chairman of the Executive Committee of the Bank in 2015 and the President and Chief Executive Officer in 2016. In 2019, he was appointed as Director, Chief Executive Officer and Chairman of the Executive Committee.

 

Arthid holds a Bachelor’s Degree in Economics from Chulalongkorn University and an M.B.A. Degree in Finance from Sasin Graduate Institute of Business Administration. He also participated in an exchange program at the Wharton School, University of Pennsylvania.

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Kan Trakulhoon
Director
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Kan Trakulhoon

Director

Kan joined SCB 10X in 2020 as Director.

 

Kan possesses a wealth of professional experience as a top executive of several leading organizations, including as President and Chief Executive Officer of Siam Cement PCL and Director of Kubota Corporation (Japan). Kan is currently an Independent Director, Chairman of the Nomination, Compensation and Corporate Governance Committee, and Member of the Executive Committee of the Siam Commercial Bank PCL. He also serves on the boards and committees of several major governmental and public organizations in Thailand, for example, Advanced Info Service PCL, Intouch Holdings PCL, and Bangkok Dusit Medical Services PCL., National Strategy Committee, State Enterprise Policy Office, Thai Red Cross Society.

 

Kan holds a Bachelor’s Degree in Engineering (electrical) with First-Class Honors from Chulalongkorn University, and Master’s Degrees in Engineering and Management from the Georgia Institute of Technology. He also achieved an Honorary Doctorate Degree in engineering from Chulalongkorn University and in production engineering from Mahasarakham University.

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Dr. Pailin Chuchottaworn
Director
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Dr. Pailin Chuchottaworn

Director

Dr. Pailin joined SCB 10X in 2020 as Director.

 

Dr. Pailin formerly worked for several leading companies in various capacities, including as Chief Executive Officer and President, PTT PCL; Director, PTT Exploration and Production PCL; Chairman, IRPC PCL; an expert member of the Board of Directors, Ministry of Digital Economy and Society of Thailand; an expert member on the Board of Commissioners, Securities and Exchange Commission of Thailand; Deputy Minister, Ministry of Transport of Thailand (Year 2017 – 2019).

He is currently an Independent Director, Member of the Executive Committee and Member of the Technology Committee of the Siam Commercial Bank PCL. He also serves on the boards and committees of public organizations and science and technology development institutes.

 

Dr. Pailin holds a Bachelor’s Degree in Engineering with First-Class Honors from Chulalongkorn and a Master’s Degree and a Ph.D. in Engineering from Tokyo Institute of Technology.

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Dr. Pailin Chuchottaworn

Director

Dr. Pailin joined SCB 10X in 2020 as Director.

 

Dr. Pailin formerly worked for several leading companies in various capacities, including as Chief Executive Officer and President, PTT PCL; Director, PTT Exploration and Production PCL; Chairman, IRPC PCL; an expert member of the Board of Directors, Ministry of Digital Economy and Society of Thailand; an expert member on the Board of Commissioners, Securities and Exchange Commission of Thailand; Deputy Minister, Ministry of Transport of Thailand (Year 2017 – 2019).

He is currently an Independent Director, Member of the Executive Committee and Member of the Technology Committee of the Siam Commercial Bank PCL. He also serves on the boards and committees of public organizations and science and technology development institutes.

 

Dr. Pailin holds a Bachelor’s Degree in Engineering with First-Class Honors from Chulalongkorn and a Master’s Degree and a Ph.D. in Engineering from Tokyo Institute of Technology.

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Ning Ma
Independent Director
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Ning Ma

Independent Director

Ning Ma joined SCB 10X as Independent Director.

 

Ning Ma was former Managing Director and Co-head of Asia Pacific Financial Institutions Equities Research, Goldman Sachs Asia LLC, former Managing Director and Deputy General Manager, Beijing Gao Hua Securities Co., Ltd and Member of China Operating Committee of Goldman Sachs. He also worked at the People’s Bank of China (Head Office) where he was involved in devising policies and regulating the non-bank financial institutions in the People's Republic of China.

 

Ning Ma is a founding partner of Lingfeng Capital, a VC firm that seeks to invest in companies operating in FinTech & Consumer Finance sector. The firm was founded in 2015 and is based in Beijing, China. The notable portfolio companies include JD Finance, 51 Credit Card, 4Paradigm and Wecash.

 

Ning Ma holds a Bachelor’s Degree in Economics from Renmin University of China. He holds a Master’s Degree in International Finance from Tsinghua PBC Graduate School of Finance, and a Master’s Degree in Business Administration from London Business School.

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Chanond Ruangkritya
Independent Director
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Chanond Ruangkritya

Independent Director

Chanond joined SCB 10X in 2020 as Independent Director.

 

Chanond formerly worked as Head of Debt and Business Restructuring at Windmill Park & Green Valley Group, and  an energy sector analyst at Finance One.

 

Chanond is currently a Director, Member of Good Corporate Governance Committee, Member of Nomination and Compensation Committee, Chairman of Executive Committee and President and Chief Executive Officer, Ananda Development PCL.

 

Chanond holds a Bachelor’s Degree in Economics from University of California at Berkeley and a Master’s Degree in International Accounting and Finance from London School of Economics.

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David Roberts
Independent Director
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David Roberts

Independent Director

David joined SCB 10X in 2020 as Independent Director.

 

David is one of the world’s top experts on technology disruption, innovation, and exponential leadership. His passion is to help improve the lives of a billion people in the world by helping leader’s create new intentions for global good and through technology disruption. He is a former Special Agent, decorated military officer, and career officer in the Executive Branch of the US Government. As a high-tech entrepreneur, David has started ventures backed with over $100 million of investment from groups such as Kleiner Perkins, Vinod Khosla, Cisco, Oracle, Accenture, and In-Q-Tel. David has previously led the development of highly technical systems including space-based satellites, unmanned air vehicles, and analytical fusion centres.

 

David is a Distinguished Faculty member at Singularity University where he previously served as Vice President and the two-time Director (and alum) of the University’s Graduate Studies Program. He is also an advisor of the world’s leading Quantum Computing software company, 1QBit.

 

David holds a Bachelor’s Degree in Computer Scientist & Engineering and majored in Artificial Intelligence and Bio-Computer Engineering from the Massachusetts Institute of Technology (MIT) and holds an MBA from Harvard Business School.

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David Roberts

Independent Director

David joined SCB 10X in 2020 as Independent Director.

 

David is one of the world’s top experts on technology disruption, innovation, and exponential leadership. His passion is to help improve the lives of a billion people in the world by helping leader’s create new intentions for global good and through technology disruption. He is a former Special Agent, decorated military officer, and career officer in the Executive Branch of the US Government. As a high-tech entrepreneur, David has started ventures backed with over $100 million of investment from groups such as Kleiner Perkins, Vinod Khosla, Cisco, Oracle, Accenture, and In-Q-Tel. David has previously led the development of highly technical systems including space-based satellites, unmanned air vehicles, and analytical fusion centres.

 

David is a Distinguished Faculty member at Singularity University where he previously served as Vice President and the two-time Director (and alum) of the University’s Graduate Studies Program. He is also an advisor of the world’s leading Quantum Computing software company, 1QBit.

 

David holds a Bachelor’s Degree in Computer Scientist & Engineering and majored in Artificial Intelligence and Bio-Computer Engineering from the Massachusetts Institute of Technology (MIT) and holds an MBA from Harvard Business School.

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Dr. Arak Sutivong
Director and Chief Executive Officer
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Dr. Arak Sutivong

Director and Chief Executive Officer

Dr. Arak joined SCB 10X in 2020 as Director and Chief Executive Officer. Dr. Arak is also currently President of Siam Commercial Bank PCL.

Before joining SCB Group in 2010, Dr. Arak has over 10 years of experience working in leading multi-national corporations. He was with McKinsey & Company in its Southeast Asia Office, and advised clients on strategy and corporate finance across multiple industries, including telecommunications, technology, energy, and government. Prior to that, he worked at Qualcomm Inc. in the U.S., where he led wireless telecommunications R&D and co-authored over 50 U.S. patents.

Dr. Arak holds B.S. and M.S. degrees in Electrical and Computer Engineering from Carnegie Mellon University and a Ph.D. in Electrical Engineering from Stanford University.

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Dr. Arak Sutivong

Director and Chief Executive Officer

Dr. Arak joined SCB 10X in 2020 as Director and Chief Executive Officer. Dr. Arak is also currently President of Siam Commercial Bank PCL.

Before joining SCB Group in 2010, Dr. Arak has over 10 years of experience working in leading multi-national corporations. He was with McKinsey & Company in its Southeast Asia Office, and advised clients on strategy and corporate finance across multiple industries, including telecommunications, technology, energy, and government. Prior to that, he worked at Qualcomm Inc. in the U.S., where he led wireless telecommunications R&D and co-authored over 50 U.S. patents.

Dr. Arak holds B.S. and M.S. degrees in Electrical and Computer Engineering from Carnegie Mellon University and a Ph.D. in Electrical Engineering from Stanford University.

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OUR BRAND

THE CRESCENT MOON CURVE

Our logo communicates the “Moonshot Mission” which is the company's main mission focusing on investments that can create exponential growth.

I0

I0 represents the meaning of binary numbers 1 and 0 in computers, referring to the business in the field of “Tech” and the company’s standpoint as a “Tech Company”.

0X

0X represents people (if viewed horizontally). I0X; therefore, means the integration of technology and the people where technology helps support people and in return, the people help support and create new technology.

In addition, I0X also stands for “Invest in Exponential Opportunities”, emphasizing the role and responsibility of the company to focus on investments that can create exponential growth.