Sathapana Bank
Kanel Choeung is the Head of Finance at Sathapana Bank, a position held since November 2018. Prior experience includes serving as DCEO at Ly Hour Pay Pro from November 2014 to November 2018, where responsibilities included developing a business plan for agent banking, designing fintech business models, and managing various projects such as the core banking system and mobile wallet. Kanel also held the position of Head of Business at Ly Hour Microfinance Institution Plc. from September 2013 to November 2014, contributing to the executive management team. Prior experience at PRASAC from April 2004 to September 2013 involved managing finance department activities, treasury management, and core banking system implementation. Kanel's career began at Cambodian National Insurance Company as the Biz & Re Insurance Department Manager from June 2002 to April 2004. Kanel holds an MBA in Accounting, Finance, and IBM from the Asian Institute of Technology, graduated in 2002.
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Sathapana Bank
Sathapana Bank Plc. was established in 2016 as a result of the merger of two financial institutions namely Maruhan Japan Bank Plc., the first Japanese-owned commercial bank in Cambodia established since 2008 and Sathapana Limited, a microfinance institution, established since 1995. Maruhan Japan Bank Plc. was established by Chairman Dr. Han Chang-Woo to contribute to the development and growth of Cambodia. Sathapana Limited was originally established as a non-government organization created to provide micro-financial products and services to the low-income segment customers in Cambodia. The merger was a strategic move taken by Dr. Han Chang-Woo as Maruhan Japan Bank was focusing on providing commercial banking products and services, aiming at expanding its operation nationwide, while Sathapana Limited with its strong track record and grassroots approach to the economic development of Cambodia was aiming to be a full-service commercial bank. Today, Sathapana Bank has a combined experience of more than two decades with over 170 branches across Cambodia and offers a wide range of banking and financial services for consumers, businesses, and SMEs for Everyday Banking Convenience.