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Somkid Jatusripitak

Somkid Jatusripitak
SomkidJat2006.JPG
Deputy Prime Minister of Thailand
Assumed office
20 August 2015
Prime Minister Prayuth Chan-ocha
Preceded by Pridiyathorn Devakula
In office
9 October 2001 – 3 October 2002
In office
8 February 2003 – 10 March 2004
In office
11 March 2005 – 19 September 2006
Prime Minister Thaksin Shinawatra
Succeeded by Pridiyathorn Devakula
Minister of Finance
In office
17 February 2001 – 8 January 2003
Prime Minister Thaksin Shinawatra
Preceded by Tarrin Nimmanahaeminda
Succeeded by Suchart Chaovisith
In office
10 March 2004 – 2 August 2005
Prime Minister Thaksin Shinawatra
Preceded by Suchart Chaovisith
Succeeded by Thanong Bidaya
Minister of Commerce
In office
3 August 2005 – 19 September 2006
Prime Minister Thaksin Shinawatra
Preceded by Thanong Bidaya
Succeeded by Krirk-Krai Jirapaet
Personal details
Born (1958-08-03) August 3, 1958 (age 58)
Bangkok, Thailand
Nationality Thai
Political party Thai Rak Thai
Alma mater Thammasat University
Northwestern University
Profession Economist
Politician
Religion Buddhism

Somkid Jatusripitak (Thai: สมคิด จาตุศรีพิทักษ์, rtgsSomkhit Chatusiphithak, Chinese: 曾汉光; born 15 July 1953) is a Thai economist, business theorist, and politician.

A mentee of Philip Kotler, he has (co-)authored books on competitiveness and taught marketing at Thai universities. He was a co-founder and leader of the Thai Rak Thai Party (TRT) and was mainly responsible for developing the party's progressive and reformist economic and social platform. After the party's electoral victory, he served as Deputy Prime Minister, Minister of Finance, and Minister of Commerce in Thaksin Shinawatra's government. Following the coup d'état in 2006, the junta chose him as an economic envoy, advocating the royally-endorsed "self-sufficiency" economic agenda.

After another military coup in 2014, he served as the junta's advisor on foreign economic relations. Since September 2014 he has been a full member of the so-called National Council for Peace and Order.

Somkid was born in Bangkok and grew up in a large, but modest Thai Chinese (Teochew) family, one of 10 children. His great-great grandfather immigrated from China during the reign of the Jiaqing Emperor (early 19th century). Despite being born and raised in Thailand, Somkid still speaks Thai with a strong Chinese accent. One of his older brothers, Som Jatusripitak later became president of Siam City Bank and Commerce Minister in Chavalit Yongchaiyudh's government.


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