Financial alliance

Security Bank Corp. president and chief executive Sanjiv Vohra (front row, third from left) attends the launch of the Glasgow Financial Alliance for Net Zero APAC Network Office in Singapore. With over 450 member firms in 45 countries, GFANZ aims to accelerate the world’s transition to net-zero greenhouse gas emissions by 2050. Security Bank disclosed its commitment to zero out coal generation financing—which means it will no longer fund the construction of new coal generation plants and with a view to completely exit by 2033.