Cambodia Investment Review
Sathapana Bank, one of the leading commercial banks in Cambodia, today announced the appointment of Mr. Henk G. MULDERas Chief Executive Officer of Sathapana Bank, effective on 23 August 2024.
The Board of Directors and employees at Sathapana Bank are very excited to welcome Mr. Mulder as he assumes this key leadership role.
Extensive Experience In Retail Business And Investment Banking
Mr. Mulder is an accomplished leader with over 40 years of extensive experience in retail business and investment banking with functional expertise in strategic and change management, credit risk, and treasury. He started his career in 1982 at ABN Amro Bank where he served in various roles in the Netherlands, India, Brazil, Indonesia, Colombia, Romania and Saudi Arabia. Prior to joining Sathapana Bank, Mr. Mulder served as the President Director of DSI Group of Companies, where he developed and implemented strategies for the Sub-Saharan region. He has also held CEO positions at Zanaco in Zambia, Rabo Development in the Netherlands, and PT Bank Rabobank in Indonesia, working with diverse teams across four continents; Asia, Europe, South America, and Africa.
“The Board of Directors is delighted to welcome Mr. Mulder to Sathapana Bank. His leadership, strategic vision, and proven track record in the banking industry make him the ideal choice to lead Sathapana Bank to even greater heights. The Board of Directors is unanimously supportive of Mr. Mulder and is confident in his ability to drive the bank through its next chapter of growth and success,” says Mr. Han Ken, Vice Chairman of the Board, Sathapana Bank.
Together with this key appointment, other recent leadership changes reflect the bank’s commitment to ensuring it has highly capable people in vital positions. This ensures that Sathapana Bank maintains its momentum, customer-centric culture, and values. With a highly experienced leadership team in place, the bank is poised to continue its market leadership in Cambodia.
“I am extremely proud to be part of Sathapana Bank and excited to work with many young and talented people. Our strong team, large branch network, robust digital capabilities, and comprehensive banking solutions are the cornerstones to our success. I strongly believe these will position the bank for exciting future growth in the Cambodia’s rapidly growing economy. I am looking forward to contributing to its continued growth, delivering exceptional banking experience to our customers, and maintaining a strong focus on sustainable growth and performance,” says Mr. Henk G. MULDER, Chief Executive Officer.
About Sathapana Bank:
Sathapana Bank is a leading commercial bank in Cambodia, with total assets of over US$ 2.8 billion and over 4,400 employees. We have an extensive branch network nationwide with 175 branches, 3 Sathapana Premier Banking halls, and over 340 ATMs. We provide complete banking services such as loans, deposits, mobile banking, internet banking, debit & credit cards, domestic and foreign remittances, payroll services, cross-border fund transfers with SWIFT, Thunes and Visa B2B Connect, Western Union, trade finance, and other financial services.
To support the growth of micro, small and medium businesses in Cambodia, Sathapana Bank also offers a wide range of payment acceptance solutions such as the Sathapana Tutort merchant app, Sathapana Gateway, S2Biz, Sathapana POS and more.
Recently, Sathapana Bank has been named as the winner of the “Most Innovative Mobile Banking App – Cambodia 2024” award by International Finance. This award recognizes Sathapana Bank’s commitment to providing its customers and Cambodians with the most innovative and the best possible mobile banking experience.
In 2023, Sathapana Bank received three awards from Mastercard: “First Launch in Market 2023” for the first launch of CSS co-badged card”, “Leadership in Debit Growth 2023” for the dedication to digital payment solution, and “Innovation Breakthrough 2023” to offer Tap On Phone feature.
In 2022, Sathapana Bank won two prestigious awards “Best Mobile Banking App Awards 2022” and “Mobile Banking & Payment Initiative of the Year” from the UK-based Global Brands Magazine and Asian Banking & Finance Retail Banking Awards for its revamped mobile banking app, Sathapana Mobile.