Mr. Praphaisith Tankeyura, Chairman of the Audit Corporate Governance and Sustainability CommitteeatKrungthai Card Public Company Limited (KTC),recently represented the company in receiving the certificate of renewal for membership in the Private Sector Collective Action against Corruption (CAC), reaffirming KTC’s continued certification as a committed member. The certificate was presented byMr. Kulvat Janvatanavit, Secretary of the CAC,at Eastin Grand Hotel Phayathai, Bangkok.
Mr. Praphaisithstated, “Today’s economy is becoming increasingly complex in terms of market environment and systems, with organizations facing challenges such as rising competition, rapid technological changes, and stricter regulations. At KTC, anti-corruption and anti-bribery efforts remain a top priority, as these issues directly impact our reputation, stakeholder trust, and overall business performance. Building a transparent and ethical corporate culture is essential to preventing corrupt practices. This must be supported by strong internal control systems and ongoing internal audit processes to ensure strict compliance at all levels.”
KTC is committed to conducting business with transparency and integrity to ensure long-term sustainability. This includes actively combating all forms of corruption and bribery, whether direct or indirect, across all departments, companies within the group, and stakeholders. The company has established clear, written anti-corruption policies and guidelines for directors, executives, and employees to follow, with regular reviews to ensure relevance. Training programs are held to enhance knowledge and skills in preventing and investigating misconduct. KTC also provides channels for reporting suspicious behavior to allow prompt corrective action. With a strong internal audit system, external assessments have confirmed no cases of corruption or unethical conduct. In addition, KTC invites business partners to join the Private Sector Collective Action against Corruption (CAC), reinforcing its commitment to transparency throughout the supply chain.