The Bank of the Lao PDR announced nine appointments and transfers at the Securities Commission Office, reshaping leadership across securities issuance, market and intermediary supervision, as well as legal and administrative functions. The changes include the promotion of Viladeth Thongvankham, previously head of securities issuance supervision, to deputy head of the office. The other personnel changes fill acting or deputy leadership roles in securities issuance, legal affairs, securities market supervision, securities intermediary supervision, training and public communications, and organization and administration. The central bank linked the restructuring to changes in the office’s responsibilities and a broader policy of rotating staff to improve operational flexibility and develop managers with experience across multiple functions.