Thanong Bidaya

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Thanong Bidaya
Finance Minister of Thailand
In office
21 June 1997 – 24 October 1997
Prime Minister Chavalit Yongchaiyudh
Preceded by Amnuay Weerawan
Succeeded by Kosit Panpiemras
In office
3 August 2005 – 19 September 2006
Prime Minister Thaksin Shinawatra
Preceded by Somkid Jatusripitak
Succeeded by Pridiyathorn Devakula
Minister of Commerce
In office
11 March 2005 – 2 August 2005
Prime Minister Thaksin Shinawatra
Preceded by Somkid Jatusripitak
Succeeded by Watthana Muangsuk
Personal details
Born (1947-07-28) July 28, 1947 (age 70)
Suphan Buri, Thailand
Nationality Thai
Alma mater Yokohama National University
Northwestern University
Profession Economist

Thanong Bidaya (Thai: ทนง พิทยะ; rtgsThanong Phitthaya), born Thanong Lamyai (ทนง ลำใย), is a Thai politician and deposed finance minister. After the military overthrew the government of Thaksin Shinawatra, he remained in Singapore where he was attending the annual meeting of the World Bank/International Monetary Fund.

Early life and education[edit]

Thanong was born in Suphanburi Province. He has four siblings, all of whom are teachers. Thanong was the only boy in his village to earn a bachelor's degree. He later earned a PhD.

Academic and research career[edit]

Thanong became the Dean of the Graduate School of Business Administration or NIDA Business School, National Institute of Development Administration (NIDA). He also worked for a time as a researcher at the World Bank in Washington, DC.

He later left his academic career for a career in business, citing insufficient income. From April to August 2007, Thanong was a visiting professor at the International Graduate School of Social Sciences, Yokohama National University, Japan.

Business career[edit]

Thanong became president of Thai Military Bank.

Political career[edit]

Thanong was invited by the government of Premier Chavalit Yongchaiyudh to be finance minister from June to October 1997, the height of the Asian financial crisis.

He served as finance minister in the government of Thaksin Shinawatra for a second term from August 2005 until the military coup of September 2006.


Political offices
Preceded by
Amnuay Weerawan
Minister of Finance
Succeeded by
Kosit Panpiemras
Preceded by
Somkid Jatusripitak
Minister of Finance
Succeeded by
Pridiyathorn Devakula