SECURITY Bank Corp. announced last Tuesday the appointment of Victor Lee Meng Teck as its next President and CEO.
A statement issued by the lender read that Lee is set to assume the role in early January 2026, following the completion of his work permit, visa and other regulatory requirements. He will succeed Sanjiv Vohra, who will continue to lead the bank until that time. Upon stepping down, Vohra will transition to the role of Senior Advisor to the Board.
Lee is a Singaporean banker with over 30 years of leadership experience throughout Asia. Most recently, he served as CEO of CIMB Singapore and CEO of Growth Markets for CIMB Bank Berhad.
At CIMB Singapore, Lee spearheaded a period of strong growth, doubling revenue and raising return on equity to nearly 20 percent, according to the lender. Under his leadership, the bank was recognized by The Straits Times as one of the Top 3 institutions for customer experience for three consecutive years (2023-2025). He also fostered a culture where employees felt more engaged and valued, with satisfaction levels rising significantly during his tenure, the statement read.
Vohra assumed leadership of the bank just months before the onset of the global pandemic. Despite unprecedented challenges, he led the organization through transformational change-strengthening digital and customer-first strategies, building a culture that has made Security Bank an Employer of Choice, advancing its sustainability agenda, and positioning the bank for long-term profitability.
‘We’re grateful to Sanjiv for his steady leadership during one of the most challenging periods in recent history. His vision and dedication have left the bank stronger, more resilient, and well-prepared for the future,’ Security Bank Chairman Cirilo P. Noel was quoted in the statement as saying.