Regional Container Lines (RCL) president Sumate Tanthuwanit has stepped down from the day-to-day leadership of the company he co-founded in 1980.

The Bangkok-listed company announced on Wednesday that Twinchok Tanthuwanit, RCL’s senior vice president and chief of regions and business development, has been promoted to the top management role.

Twinchok Tanthuwanit’s focus will be on fleet modernisation and implementing the company’s strategic plan for business growth and driving efficiency through digitalisation, the company said.