EDUCATION

• 2002 York University Ph.D. Finance

• 1997 National Institute of Development Administration, Thailand MBA Finance

• 1993 King Mongkut’s Institute of Technology Thonburi, Thailand B.S. Microbiology

DISSERATION

Topic: Three Essays on Bank Failure Resolution Policies, Subordinated Debt, and Loan Syndications

SUBJECT OF SPECIALIZATION

Investment, Corporate Finance, Risk Management, and Derivatives

CURRENT WORKING POSITIONS

• 2013 – Present Vice President for Research and Consulting Services, National Institute of Development Administration

• 2016 – Present Professor in Finance, NIDA Business School

• 2015 – Present Sub-committee of Takeover Panel, Securities and Exchange Commission Thailand

• 2011 – Present Chairman of Risk Management Committee, Stars Microelectronics (THAILAND) Public Company Limited

• 2011– Present Independent and Audit Committee, Stars Microelectronics (THAILAND) Public Company Limited

• 2011– Present Independent and Audit Committee, Hydrotek Public Company Limited

PAST WORKING EXPERIENCE

• 2010 – 2016 Associate Professor in Finance, NIDA Business School

• 2013 – 2015 Independent and Audit Committee, Thailuxe Enterprises Public Company Limited

• 2009 – 2012 Sub-committee of Foreign Asset Management Company Selection, Social Security Fund

• 2011 – 2013 Asset Allocation and Portfolio Management Consultant, Finansa Asset Management

• 2011 – 2013 Investment Committee, National Institute of Development Administration (NIDA)

• 2010 – 2012 Board of Directors, Asian Finance Association

• 2009 – 2011 Regional Director in Thailand, Global Association of Risk Professionals

• 2009 – 2011 CFA Society of Thailand Board of Directors

• 2005 – 2013 Director of MSc in Financial Investment and Risk Management, NIDA Business School

• 2009 – 2010 Academic Committee, Thai Financial Planner Association (TFPA)

• 2007 – 2009 Director of University Liaisons, CFA Society of Thailand

• 2007 – 2009 Research Associate, The Individual Finance and Insurance Decisions  Centre, Canada

• 2007 – 2009 Finance Lecturer, Schulich School of Business, York University, Canada

• 1998 – 2002 Research Assistant, Schulich School of Business, York University, Canada

• 1997 Finance Officer, Asia Pacific Corporation

• 1996 Securities Analysis, Thana One Securities

PROFESSIONAL DESIGNATIONS AND TRAINING PROGRAMS

• Chartered Financial Analysts (CFA)
• Financial Risk Managers (FRM)
• Certified Financial Planners (CFP)
• NIDA-Wharton Executive Leadership Program

PROFESSIONAL MEETINGS

• 2011 FMA European Conference, Porto, Portugal, 2011, “Performance Pricing Covenants and Corporate Loan Spreads.”
• The 17th Australasian Finance & Banking Conference, Sydney, 2004, “Prime versus LIBOR: An Empirical Study of Credit Spreads in the Corporate Loan Market.”
• 12th Annual Conference on Pacific Basin Finance, Economics, Accounting and Business, Bangkok, 2004, “Private Information, Incentive Conflicts and Determinants of Loan Syndications.”
• Northern Finance Association Meetings, Banff, Alberta, 2002, “Private Information, Agency Problems, and Determinants of Loan Syndications.”
• Financial Management Association Doctoral Student Seminar, Toronto, Ontario, 2001, “A Positive Analysis of Bank Failure Resolutions Policies.”
• Northern Finance Association Meetings, Halifax, Nova Scotia, 2001, “A Positive Analysis of Bank Failure Resolution Policies.”

GRANTS AND SCHOLARSHIPS

• FTA Research Funding (with other NIDA faculty members), The Federation of Thai Industries, 2004-2005.
• Type 3-Research Funding, National Institute of Development Administration, 2004-2005.
• Research Funding, Graduate School of Business Administration, National Institute of Development Administration, 2003-2004
• Research Funding (with Associate Professor Aekkachai Nittayakasetwat, NIDA), Thai Military Bank Asset Management, 2004
• Research Funding, The Individual Finance and Insurance Decisions (IFID) Centre, 2002-2003.
• CIDA-ADGSM-NIDA Scholarship, National Institute of Development Administration (NIDA), 1998-2002.
• Doctoral Dissertation Financial Grant, Schulich School of Business, York University, 2001

HONORS AND AWARDS

• Academic Achievement Award, National Institute of Development Administration (NIDA), 1997

TEXTBOOKS

• Kamphol Panyagometh. 2010. “Financial Modeling: Derivatives and Fixed Inocme” (in Thai)
• Kamphol Panyagometh and Apinya Puipantawong. 2010. “Financial Management” (in Thai)
• Kamphol Panyagometh. 2008. “Financial Modeling for Securities Analysis and Portfolio Management by using EXCEL” (in Thai)

RESEARCH AND PUBLICATIONS

In English

• Panyagometh, K., M. Beyhaghi, A.A. Gottesman, and G.S. Roberts 2017. Do Tighter Loan Covenants Signal Improved Future Corporate Results? The Case of Performance Pricing Covenants, Financial Management, Forthcoming.
• Panyagometh, K. 2016. An Anatomy of Calendar Effects in Thailand, Investment Management and Financial Innovations, Vol.13(4), pp.8-15.
• Panyagometh, K., A. Mangmeechai. 2016. Willingness-to-pay on the New Vehicle Excise Tax: How It Will Affect the Thai Automobile Market, International Journal of Business & Management Science, Vol.6(1), pp.85-99..
• Panyagometh, K., and K.X. Zhu. 2016. Dollar-Cost Averaging, Asset Allocation, and Lump Sum Investing, Journal of Wealth Management, Vol.18(4), pp.75-89.
• Panyagometh, K. 2016. Intra-ASEAN Investment: Push Factors for Thailand in Comparison with CLMV Countries, International Journal of Economic Research, Vol.13(2), pp.613-628.
• Panyagometh, K. 2016. Benefit Assessment of Outward Foreign Direct Investment on the Economic Growth: A Case of Thailand, International Journal of Applied Business and Economic Research, Vol.14(1), pp.329-338.
• Panyagometh, K. 2013. Performance Comparison between Dollar Cost Averaging and Value Averaging Investment Strategies and the Impacts of Investment Horizon and Target Terminal Wealth, Journal of Applied Finance and Banking, Vol.3(3), pp.15-27.
• Panyagometh, K. 2013. Pairs Trading and Value Investing Strategies, International Journal of Business & Economics Perspectives, Vol.8(2), pp.119-127.
• Panyagometh, K. 2012. Weight and Stock Selections for Equity Portfolio Management: Evidence from the Stock Exchange of Thailand. Business and Management Review, Vol.2(7), pp.20-27.
• Panyagometh, K. 2011. Asset Allocation, Time Diversification and Portfolio Optimization for Retirement. Technology and Investment, Vol.2(2), pp.92-104.
• Panyagometh, K., and G.S. Roberts. 2010. Do Lead Banks Exploit Syndicate Participants? Evidence from Ex Post Risk. Financial Management, Vol.39 (1), pp .273-299.
• Panyagometh, K. 2009. Can A Great Company Be A Great Investment in Thailand?. The International Journal of Business, Accounting, and Finance, Vol3(2).
• Panyagometh, K., and G.S. Roberts. 2009. A Positive Analysis of Bank Failure Resolution Policies. In A.H. Chen (Ed.). Research in Finance, Vol.25, pp. 45-86.
• Panyagometh, K., and G.S. Roberts. 2009. Bank Failure Resolution Policies and Subordinated Debt. In A.H. Chen (Ed.). Research in Finance, Vol 25, pp. 87-125.
• McGraw, P.A., G.S. Roberts, and K. Panyagometh. 2007. The Evolution of Corporate Borrowers: Prime Versus Libor. In A.H. Chen (Ed.). Research in Finance, Vol.23, pp. 223-246
• Milevsky, M.A., and K. Panyagometh. 2004. Exchanging Variable Annuities: An Optional Test for Suitability. Journal of Financial Planning, April, pp. 48-57.
• Mawani, A., M.A. Milevsky, K. Panyagometh. 2003. The Impact of Personal Income Taxes on Returns and Rankings of Canadian Equity Mutual Funds. Canadian Tax Journal, Vol. 51(2), pp. 863-904.
• Milevsky, M.A., and K. Panyagometh. 2001. Variable Annuities versus Mutual Funds: A Monte Carlo Analysis of the Options. Financial Services Review, Vol. 10 (1), pp. 145-161.

In Thai

• Consulting project paper on “Two Nonparametric Tests on Bond Volatility in the Thai Bond Dealing Center,” Coauthored with NIDA colleagues, submitted to Thai Military Bank Asset Management in August 2004
• Consulting project paper on “The effects of FTA on Thai Industry Clusters,” Co-authored with NIDA colleagues, submitted to Federation of Thai Industries in March 2005
• Consulting project paper on “Breakeven Analysis of Thai Brokerage Industry,” Co-authored with NIDA colleagues, submitted to Stock Exchange Commission, Thailand and Association of Securities Companies, Thailand in November 2005
• Consulting project paper on “How to Enhance Efficiency of Thai Brokerage Industry Efficiency prior to Brokerage Commission Deregulation,” Co-authored with NIDA colleagues, will be submitted to Stock Exchange Commission, Thailand and Association of Securities Companies, Thailand in December 2006