Following the defection of a coalition partner, Chuan dissolved parliament in May 1995, and the Chart Thai Party won the largest number of parliamentary seats in the subsequent election. Party leader Banharn Silpa-archa became prime minister, but held the office for little more than a year. Following elections held in November 1996, Chavalit Youngchaiyudh formed a coalition government and became prime minister. However, the onset of the Asian financial crisis caused a loss of confidence in the Chavalit government and forced him to hand over power to Chuan Leekpai in November 1997.