ONE Championship Thailand appoints ex-head of Thai MMAF as new president
ONE Championship, the Singapore-based mixed martial arts series, has appointed a new president to its Thailand division.
Jitinat Asdamongkol, previously president of the Thai Mixed Martial Arts Federation, will now take the same position at ONE Championship Thailand.
During his time at the Thai MMAF, Asdamongkol focused on developing amateur mixed martial arts in the country, including developing standard competition regulations and increasing participation in the sport at a grassroots level.
Besides his time at the Thai MMAF, Asdamongkol held the role of content innovation director at JSL Global Media, a TV network based in Bangkok. He has a Masters in the College of Management from Mahidol University in Thailand.
Asdamongkol said: “It is an honour to join ONE Championship… Martial arts, especially mixed martial arts, has been at the center of my life and for a long time, I’ve worked diligently to help grow the sport in my country.”
Chatri Sityodtong, chairman and chief executive of ONE Championship, added: “Jitinat is a… seasoned business leader in the Thai media and entertainment industry. He will work alongside myself and the rest of our leadership team to scale ONE Championship into Asia’s first multi-billion dollar global sports media property in history."
ONE Championship, which calls itself the largest global sports media property in Asian history, closed a $166-million Series D financing round led by venture capitalist firm Sequoia Capital in October last year.
That was the second financing deal for ONE in 15 months involving Sequoia, following a Series C round spearheaded by Sequoia India and Missions Holding that helped the series launch its mobile application, which streams all of its events.
In the wake of that deal, ONE said it had a total capital base that exceeded $250 million, with a long-term aim for an eventual $1-billion valuation.