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CIMBT expects to increase hiring of financial advisors

Bangkok Post

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October 08, 2025

CIMB Thai Bank (CIMBT) plans to expand the number of its independent financial advisors (IFAs) to 500 by the end of this year, amid intensifying competition in the financial advisory profession.

- SOMRUEDI BANCHONGDUANG

CIMBT expects to increase hiring of financial advisors

The hiring of financial advisors is driven by the strong growth of CIMBT's wealth management business and a shortage of advisors.

According to Bhudinan Sethanandha, head of affluent and wealth management at CIMBT, the bank has grown its IFA network from 30-40 advisors at the beginning of the year to around 150, targeting 500 by year-end.

This expansion is driven by the strong growth of its wealth management business and a shortage of financial advisors across the industry, he said.

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