TMB Synergy and Financial Projections
Zoom-in on people integration
Closing
share purchase
transaction
3 Dec 2019
Management
Outing
(20-21 Dec 2019)
Number of
employees under
consolidation basis
19,432 persons
TMB
Make THE Difference
8,135 persons
ธนาคารธนชาต
Thanachart Bank
11,297 persons
Management
Townhall
(Jan, 31, 2020)
TBANK
#Wave1
Cascaded communication
bank-wide
(5 Feb-21 Mar, 2020)
TBANK TBANK
TBANK
TBANK
#Wave2 #Wave3
#Wave4
TBANK Employee transfer
#Wave1-#wave3 focus on
employee related to high
value segment customers
EBT
Mid, 2021
TMB
Make THE Difference
#Wave5
Full scale employee
transfer (last batch)
Current top management fill-
in BNS top management will
save HR expense at least
THB 45 mn p.a.
•
Natural attrition rates are
vary to nature of work
•
Branch staffs' natural attrition
rate approx. 15-20%
•
Back office natural attrition
•
rate approx. 5-15%
With the natural attrition and
branch consolidation, merged
bank expected HR expense
growth at EBT would be
approx. -4% to -7% CAGR.
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