PhillipCapital Cambodia has reinforced its leadership team with the appointment of Raymond Chee as Deputy Chief Executive Officer of Phillip Bank and Jeffrey Chew as Chief Executive Officer of Phillip General Insurance. These appointments signal the group’s commitment to integrating global expertise into Cambodia’s financial sector, supporting its growth in line with international standards.
Strengthening Leadership with Global Experience
Raymond Chee brings nearly three decades of experience from a major Singaporean financial services group, where he held leadership roles across multiple subsidiaries and international markets, including Asia and North America. His expertise spans cash management, trusts and fiduciary services, securities, and corporate banking—key areas that contribute to the modernization of Cambodia’s banking landscape.
Similarly, Jeffrey Chew, with 26 years in the insurance industry, brings a strong strategic focus to Phillip General Insurance. His previous role as Head of Claims & Performance Management at a global insurance company, coupled with his recognition through the Asia Pacific TEX Award for Claims in 2023, underscores his ability to drive innovation and regulatory best practices in Cambodia’s insurance sector.
Phillip Bank’s Role in Raising Industry Standards
Phillip Bank has positioned itself as a leader in financial transparency and corporate banking in Cambodia. By appointing experienced international executives, the bank aims to introduce more sophisticated financial products, strengthen corporate governance, and improve risk management—factors that align with global banking standards.
Under Raymond Chee’s leadership, Phillip Bank is expected to expand its digital capabilities and enhance service offerings for both retail and corporate clients. This approach reflects a broader trend where Cambodian financial institutions are leveraging foreign expertise to bridge gaps in financial literacy, digital banking, and regulatory compliance.
Future Growth and International Alignment
Mr. Ong Teong Hoon, Director of PhillipCapital Cambodia, emphasized the importance of these appointments in the group’s long-term strategy. “We’re delighted to welcome Raymond Chee and Jeffrey Chew to our leadership team. Raymond’s strategic leadership will be invaluable for Phillip Bank, while Jeffrey’s expertise in digital strategy will introduce innovative solutions at Phillip General Insurance. Their appointments align perfectly with our vision for sustainable growth and customer-centric initiatives,” he said.
Cambodia’s financial sector is evolving rapidly, driven by the need for stronger corporate governance, enhanced digital banking infrastructure, and improved financial services tailored to international business standards. PhillipCapital’s commitment to attracting world-class talent underscores its ambition to remain at the forefront of this transformation.
As Cambodia continues to integrate further into the regional and global economy, the adoption of international best practices in banking and insurance will play a crucial role in ensuring long-term stability and growth. With seasoned professionals like Chee and Chew now steering key operations, PhillipCapital Cambodia is well-positioned to drive the industry forward while reinforcing investor confidence in the market.
