Named on 7 May 1998, governor of the Bank of Thailand by Tarrin Nimmanhaeminda, Chuan Leekpai government's finance minister, Chatumongol was later sacked on 30 May 2001 by the Thaksin Shinawatra government.
Chatumongkol was appointed as the governor of the Bank of Thailand under the leadership of Chuan Leekpai's finance minister, Tarrin Nimmanhaeminda. He was later dismissed from his position during the tenure of the Thaksin Shinawatra government.