Rath Sophoan re-elected to lead the Cambodia Banking Association

PHNOM PENH, Mar. 27, 2026 (KPT) – Rath Sophoan, CEO and country head of Maybank Cambodia, has been re-elected chairman of the Association of Banks in Cambodia (ABC) for a new three-year term, pledging to strengthen trust, financial inclusion and sustainable growth in the sector.

At its annual general meeting, ABC members endorsed the association’s 2025 annual and financial reports and approved the 2026 budget plan. They also reaffirmed their shared commitment to building a sound, responsible and inclusive banking system. Toch Chaochek was appointed vice chairman.

Sophoan said he would continue reforms recommended in an independent review, including governance and leadership changes, to enhance ABC’s effectiveness and advocacy role. He expressed gratitude to outgoing council members and the secretariat team for their stewardship and support.

Outlining his vision, Sophoan set three priorities: promoting a responsible and ethical banking sector to strengthen public trust; building banker capabilities through continuous learning, technical excellence and ethical leadership; and fostering collaboration across the financial ecosystem to support national prosperity and sustainable growth.

He also pledged close cooperation with the National Bank of Cambodia and government partners to reinforce financial stability, resilience and inclusion. Officials said the new leadership reflects the sector’s determination to align with Cambodia’s broader economic development goals.