Head of legal, director | BNP Paribas
Pathanit Mungkornpanich
Head of legal, director | BNP Paribas
What are the most significant cases or transactions that your legal team has recently been involved in?
The significant project is setting up wealth management business in Thailand. BNP Paribas has launch wealth management business in Thailand to expand its presence in Asian market by setting a new separate entity in Thailand “BNP Paribas Securities (Thailand) Limited”.
Our legal team has provided tremendous and significant legal support since project stage until business as usual. We have liaised on several matters from advising on the permitted business structure/model, incorporation of company, applying license application with relevant authorities. This includes arrangement to have all legal documentation put in place for business and operation of the company. We have also assisted on corporate governance, personal data protection, and transversal matters as a part of setting up of this new company. This extends to providing legal support and solution to the company for business and operation as usual.
Until now, the company expands its business with significant growth and our legal assistance/support to this company becomes business as usual.
How do you see the general counsel role evolving in Thailand over the next five-ten years?
The general counsel role over the next 5-10 years would be the one who can adopt into digital world well. The general counsel would use digital tool including AI to enhance their work as much as possible. The digital tool including AI could significantly help the general counsel in certain ways such as drafting documents, researching and analysing some information. These could increase an efficiency of working of the general counsel. Work for the general counsel should leave to the complicated or sophisticated work which required expertise or experience.
How do you effectively motivate and manage your legal team?
The way to motivate and manage my team is being sample to my team rather than telling what to do. We believe that the best way to teach is to show the team how to work. Also, in term of discussion, we always set the clear goal and timing to the team so that everyone could be clear what to achieve and by when. For the way to achieve such goal and timing, we are open-minded for the team to initial their own ways if it can achieve the goal within specified time. This could allow the team to have their own room to work without micromanagement as we believe that different people have different style of working.