KKU signs MOU for digital innovation with Krungthai Bank

October 7, 2021 at 10:30 – 11:10 a.m. – Khon Kaen University led by Assoc. Prof. Charnchai Panthongviriyakul, M.D., President of the University, signed an MOU for collaboration of intellectual properties and innovation building with Krungthai Bank Public Company. The bank was led by Mr. Suphawat Watthanapati, Executive Director for Human Resource and Corporate Governance. Administrators of the two parties joined as witnesses. The ceremony was organized online via Zoom Meeting.

Assoc. Prof. Charnchai Panthongviriyakul, M.D., President of the University said that Khon Kaen University is going to establish a computing college. It is expected that the establishment will be announced in the Government Gazette soon. The college is a University’s new institution that is specialized in advanced computing. Programs will be offered in computing and life-long learning digital technologies for people of all ages. The institute will also be producing research works related to digital innovations and advanced computing, offering services at an international level in digital technology, and strengthening competency of personnel in developing digital technologies and innovations for the national socio-economic situation, and promoting digital entrepreneurs that will lead to knowledge construction at the front line in Asia. The missions will correspond to Krungthai Bank Public Company’s technological innovation development. It is expected that the collaboration with the bank will be one mechanism that strengthens potential and competency of the graduates, who are going to be key manpower in technology of the country.

Mr. Suphawat Watthanapati, Executive Director for Human Resource and Corporate Governance of Krungthai Bank Public Company added that the world situation right now is one in which different technologies take their major roles in nearly all businesses and communities. At present, technologies are being rapidly developed, such as AI. Surveys show that within 4 years, the increase of AI in the business circle is at 270%. The information from Fortune Business Insight indicates that the market value of the world’s AI technology is as high as 267,000 million US dollars. If we go deep into financial aspect, which directly concerns the project we are carrying out, 9 out of 10 of the world’s credit businesses are progressing with AI. Therefore, the MOU Khon Kaen University and Krungthai Bank are entering today is to prepare the most important resource, i.e., manpower. We will be developing our students to become the best and important personnel for technologies and innovations that will benefit our society.

News: Jiraporn Prathomchai



Scroll to Top