Association of Banks in Cambodia Elects New Board for 2024–2025 Term

PHNOM PENH: The Association of Banks in Cambodia elected a new board for the 2024–2025 term at its 2023 Annual General Meeting on March 28, 2024. Rath Sophoan, Chief Executive Officer of Maybank (Cambodia) Plc, will serve as the association’s president for the new term.

Raymond Sia, the outgoing president of the Association of Banks in Cambodia, thanked all board members and the Secretariat team, and praised their contributions and dedication in supporting the association’s members and Cambodia’s banking sector. The association also announced the 12 members elected to its 10th board for the 2024–2025 term:

1. Rath Sophoan, President of the Association of Banks in Cambodia and Chief Executive Officer of Maybank (Cambodia) Plc

2. Raymond Sia Say Guan, Vice President of the Association of Banks in Cambodia and Chief Executive Officer of Canadia Bank Plc

3. Han Peng Kwang, Treasurer of the Association of Banks in Cambodia and General Manager of Wing Bank (Cambodia) Plc

4. Mar Amara, board member and Chief Executive Officer-designate of ACLEDA Bank Plc

5. Mr. Zhiger Atchabarov, board member and Chief Operating Officer of Vattanac Bank

6. Dit Socheat, board member and President and Chief Executive Officer of Foreign Trade Bank of Cambodia

7. Touch Chaochhek, board member and Chief Executive Officer of Cambodia Post Bank Plc

8. Ong Ming Teck, board member and Chief Executive Officer of Cambodian Public Bank Plc

9. Pen Makara, board member and General Director of Angkor Capital Specialized Bank

10. Dit Nita, board member and Chairwoman of the Cambodia Microfinance Association

11. Pel Remy Sisophon, board member and President of the Cambodia Financial Technology Association

12. Kea Boran, board member and Chief Executive Officer of deposit-taking microfinance institution AMK

Rath Sophoan, the newly elected president of the Association of Banks in Cambodia, thanked the former board president and all board members for their dynamic and strong leadership over the past two years, and congratulated the association’s new board. He added that he was honored to serve the banking sector and its members. Together with the new board members, he said, he would lead the association to an even higher level, outlining his vision and four pillars. First, establish a sound governance structure and define the association’s functions and operations. Second, provide guidance on responsible, values-based banking management and operations to build public trust, promote financial inclusion, and strengthen and grow the banking sector in support of economic growth. Third, promote a culture of continuous learning among bankers and enhance their capabilities in technical skills, professional excellence and ethical leadership. Fourth, build further cooperation across the banking ecosystem to enhance the sector’s potential to contribute to national economic growth and prosperity. ៕