Security Bank Corp. said Tuesday it appointed veteran Singaporean banker Victor Lee Meng Teck as its next president and chief executive, effective January 2026.
Lee’s appointment is subject to the completion of his work permit, visa and other regulatory requirements. He will succeed Sanjiv Vohra, who will remain in his post until the transition and will later serve as senior advisor to the board.
“I’m honored to be entrusted with this responsibility. Security has built a strong reputation for customer-centricity, innovation and its distinct BetterBanking experience. I look forward to working with Sanjiv, the board and all employees to continue building on this foundation and delivering sustainable growth for our stakeholders” Lee said in a statement to the stock exchange.
Lee brings over 30 years of banking experience across Asia. He recently served as CEO of CIMB Singapore and CEO of Growth Markets for CIMB Bank Berhad.
Lee led a period of strong growth at CIMB Singapore, doubling the bank’s revenue and increasing its return on equity to nearly 20 percent. The bank was also named one of The Straits Times’ Top 3 institutions for customer experience from 2023 to 2025.
