Panote assumed the role of Group CEO in 2016. He is responsible for the Group’s growth by building its foundation for resilience for the long term, strengthening its business platforms and delivering sustainable returns for the business. Under his leadership, Frasers Property has significantly grown its multi-national footprint across Asia Pacific and Europe, with total assets increasing from $24.2 billion as at 30 September 2016 to $40.3 billion as at 30 September 2021.
As a purpose-led company, Panote has placed sustainability at the core of its business guided by ‘Inspiring experiences, creating places for good’. This spurs the Group to pursue innovation and build upon its knowledge and capabilities across its markets to deliver lasting value in its multiple asset classes. Panote serves on the Board of Directors for Frasers Property Limited since 8 March 2013.
He is directly overseeing the Group’s hospitality business from investment and business development to expanding its chain of serviced residences and hotels worldwide.
In addition, he is leading the development of One Bangkok, a joint venture between Frasers Property and TCC Assets Co. Ltd., with a total investment value of about US$3.5 billion. This 16.7-hectare development in central Bangkok is Thailand’s largest ever private sector property development and will be a new global landmark destination as well as the country’s first fully integrated district in the heart of the city.
Panote previously held the position of Senior Executive Vice President for Strategic Planning at TCC Holding Company, where he led TCC Group’s real estate development business in Thailand. He also oversaw the strategy for TCC Group’s international property investment.
Panote is a board member of several listed companies, including Thai Beverage Public Company Limited, Golden Land Property Development Public Company Limited and Univentures Public Company Limited. Earlier this year, he was appointed as a board director of National Gallery Singapore. He is also on the Board of Trustees for Singapore Management University (SMU).
Panote received a Master of Science from the London School of Economics and Political Science, UK; a Bachelor of Science in Manufacturing Engineering from Boston University, and a Certificate in Industrial Engineering and Economics from Massachusetts University, USA.