Cambodia Investment Review
The Association of Banks in Cambodia (ABC) has confirmed its leadership for the 2026–2028 term, re-electing Rath Sophoan, Chief Executive Officer and Country Head of Maybank (Cambodia) Plc., as Chairman following its Annual General Meeting held on March 26 in Phnom Penh.
The AGM also saw Toch Chaochek, Chief Executive Officer of Cambodia Post Bank Plc., elected as Vice-Chairman, alongside the appointment of a new Council representing a broad cross-section of Cambodia’s banking sector.
During the meeting, members reviewed and approved the Association’s 2025 Annual Report and Financial Report, as well as its 2026 Budget Plan, reaffirming ABC’s role in supporting a stable, responsible, and inclusive banking environment while safeguarding the interests of its members.
Leadership continuity and reform focus
In his remarks, Sophoan outlined a continued focus on implementing recommendations from the Independent Review of ABC, including governance reforms, leadership structure enhancements, and improvements to committee operations and advocacy efforts.
The reappointment signals a degree of continuity at a time when Cambodia’s banking sector is navigating evolving economic conditions, regulatory developments, and increasing competition among financial institutions.
ABC has played a central role in coordinating industry dialogue with regulators, including the National Bank of Cambodia, and has been active in promoting financial stability and public confidence across the sector.
Broad-based council representation
The newly elected Council includes senior executives from both domestic and international banking institutions, reflecting the diversity of Cambodia’s financial landscape.
The 2026–2028 Council Members include:
- Rath Sophoan, CEO and Country Head of Maybank (Cambodia) Plc. (Chairman)
- Toch Chaochek, CEO of Cambodia Post Bank Plc. (Vice-Chairman)
- Mar Amara, Senior Group Chief Financial Officer of ACLEDA Bank Plc.
- Kea Borann, CEO of AMK Bank Plc.
- Yeung Kin Man (Kenny), Deputy CEO of Bank of China (Hong Kong) Limited, Phnom Penh Branch
- Ong Ming Teck, CEO of Cambodian Public Bank Plc.
- Ou Sophanarith, Executive Vice-President and Chief Financial Officer of Canadia Bank Plc.
- Hong Cheap, CEO of CIMB Bank Plc
- Dith Sochal – CEO of Foreign Trade Bank of Cambodia
- Sok Voeun – Chairman of Cambodia Microfinance Association
- Remi Pell Sisophon – Chairman of Cambodian Association of Finance & Technology
The composition of the Council highlights participation from leading commercial banks, foreign bank branches, and financial institutions operating across Cambodia’s rapidly developing banking ecosystem.
Sector role and outlook
ABC continues to serve as the primary industry body representing Cambodia’s banking sector, which has seen sustained growth over the past decade alongside broader economic expansion.
The Association’s work spans policy advocacy, industry coordination, and engagement with both domestic and international stakeholders, with an increasing emphasis on governance standards and sector resilience.
With the newly elected leadership in place, the Association is expected to continue strengthening its role as a unified voice for the banking sector, while supporting ongoing efforts to enhance financial inclusion, regulatory alignment, and long-term stability in Cambodia’s financial system.
