Security Bank names Victor Lee as next President and CEO

Security Bank Corporation has announced that Victor Lee Meng Teck will become its next President and CEO starting January 2026, pending regulatory approval.

Lee, a Singaporean banker with over 30 years of experience in Asia, previously served as CEO of CIMB Singapore and CEO of Growth Markets for CIMB Bank Berhad.

During his tenure at CIMB Singapore, he doubled revenue and raised the return on equity to nearly 20%, and the bank was recognized as a top three institution for customer experience from 2023 to 2025 by The Straits Times.

He will take over from Sanjiv Vohra, who has led the bank since before the COVID-19 pandemic and will transition to the role of Senior Advisor to the Board after Lee assumes his new position.

Vohra's leadership advanced the bank's sustainability agenda and positioned it for long-term profitability, and he had previously spearheaded a transformation program that enhanced the bank's digital capabilities, customer-centric approaches, and sustainability initiatives.

Lee expressed his honor and eagerness to build on Security Bank's foundation of customer-centricity, innovation, and its Better Banking experience to deliver sustainable growth.