CEO Of The Year 2024
CEO of the Year in Retail Transformation Excellence
Natira Boonsri
Chief Executive Officer

Central Dept Store Group CEO Natira Boonsri has created iconic stores as part of her transformative vision to give customers a truly world-class experience

Keeping Thailand's top retailer front, right and Central

Natira Boonsri, Chief Executive Officer of Central Department Store Group (CDG) under Central Retail, leads one of the most prominent department store groups in Thailand and Southeast Asia, overseeing the iconic Central and Robinson Department Stores.

With nearly 20 years of experience in the retail industry, Natira has successfully driven the transformation of several key retail spaces to meet modern consumer demands. One of her most notable projects includes the complete transformation to elevate Central Chidlom which opened its doors in 1973 to become truly iconic constant of Thailand’s luxury shopping destination, positioning it as “The Store of Bangkok”. This ambitious project reflects her visionary approach to retail and her ability to navigate the evolving market landscape.

Ms Natira's journey in retail began after earning a bachelor’s degree in Economics from Boston College and an MBA from Harvard Business School. She started her career as a consultant at Boston Consulting Group (BCG) before joining Central Retail in 2005 as project development director. By 2014, she had become president of Zen Department Store and senior vice president of Central Department Store, where she demonstrated her leadership skills by spearheading major renovations at CentralWorld and Central Ladprao. In 2018, she was appointed president of Central Department Store, and in 2021, she transitioned to Chief Commercial Officer of Central Retail Corporation Plc (CRC). She returned to CDG as CEO shortly thereafter.

Ms Natira, a third-generation member of the Chirathivat family, which owns and operates Central Group, is the eldest daughter of Boonbunlue and Ratana (Chirathivat) Norpanlob. She is married to Nathavud Boonsri and has two children, Napat and Narisa.

Among her many accomplishments is the transformation of Zen Department Store into CENTRAL@centralwOrld, a key project that revitalised one of Bangkok’s busiest shopping districts. Ms Natira invested over one billion baht in this renovation, transforming the 50,000-square-meter space into a hub that integrates shopping, dining, and leisure experiences for customers. The move also introduced more than 3,000 brands, creating a seamless blend of retail and lifestyle offerings. Ms Natira emphasised that this transformation was not just about shopping — it was about enhancing the overall customer experience.

Under her leadership, CENTRAL@centralwOrld has become a model for integrating omni-channel strategies, allowing for a seamless, personalised shopping experience both online and offline. She plans to extend this model across additional 20 out of 23 Central locations in five years.

Ms Natira’s commitment to retail transformation goes beyond physical renovations. Her focus is on understanding changing consumer preferences and driving innovation. She remains dedicated to enhancing the customer experience by offering new brands and services that align with modern lifestyles.

Ms Natira previously reflected on her work in transforming retail spaces that every renovation is a team effort. It needs to work closely with marketing, communications, and brand teams to ensure that we offer the best products and services for customers. Seeing customers happy and enjoying the new spaces the greatest source of pride.

Beyond business, Ms Natira is deeply committed to corporate social responsibility (CSR) and creating shared value (CSV). She is focused on not only driving profitability but also contributing to the sustainability of the environment and society. By placing customers at the heart of the business and leveraging innovation and continuous development, she is ensuring that Central Department Stores remain a leader in the retail industry.

Through her leadership, Natira Boonsri continues to shape the future of retail in Thailand, embodying a commitment to excellence and transformation.