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Chatumongol Sonakul

Mom Rajawongse
Chatumongol Sonakul
ม.ร.ว.จัตุมงคล โสณกุล
Governor of the Bank of Thailand
In office
7 May 1998 – 30 May 2001
Preceded by Chaiwat Wiboonsawat
Succeeded by Pridiyathorn Devakula
Personal details
Born (1943-09-28) 28 September 1943 (age 73)
Bangkok
Residence Bangkok
Religion Buddhist

Mom Ratchawongse Chatumongol Sonakul (Thai: จัตุมงคล โสณกุล) is a former permanent secretary of the Ministry of Finance of Thailand and former Governor of the Bank of Thailand.

Chatumongkol is a descendant of Thailand's royal family (great-grandson of King Rama IV) and belongs to the noble house of Sonakul. He was educated at Harrow School and is an honors graduate of Cambridge University in England and Harvard University. He rose up through the civil service through the Finance Ministry, initially serving as Director-General of the Tax Department. Later he rose to be the ministry's deputy permanent secretary.

He was the permanent secretary (the most senior civil servant) in the Ministry of Finance from 1 October 1995 to 28 July 1997. This was during the flotation of the baht, which led to a massive devaluation, the Asian Financial Crisis, and a long period of International Monetary Fund intervention. He was dismissed by the Chavalit Yongchaiyudh government soon after the devaluation.

During the Democrat-led government that followed, Chatumongkol was appointed Governor of the Bank of Thailand, Thailand's central bank. He held this position from 1998 to 30 May 2001, when he was dismissed by the newly elected Thai Rak Thai-led government.

After his dismissal, Chatumongkol became a vocal critic of TRT leader Thaksin Shinawatra. He denigrated Thaksin's populist job-creating policies, claiming that "Any attempt to create petty jobs is unnecessary.... Policies should focus on providing machines and know-how."

His son, Mom Luang Apimongkol Sonakul, was elected to be a Democrat Party M.P. in Bangkok in the former seat of Charoen Kantawongs.


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