Mr. Eric Loo, CEO of Banjaran Asset Management (Cambodia) Plc., Participates in High-Level Meeting with Trust Regulator on Non-Bank Financial Sector Development

Phnom Penh, Cambodia – May 7, 2025 – Banjaran Asset Management (Cambodia) Plc., represented by its CEO, Mr. Eric Loo, alongside Lion Trust Group, held a pivotal high-level meeting with the Cambodia Trust Regulator (TR). Chaired by His Excellency Sok Dara, Director General of the TR, the session focused on advancing the non-bank financial sector and strengthening Cambodia’s regulatory framework. The strategic discussion highlighted a shared commitment between regulators and industry leaders to foster growth, innovation, and long-term trust in the Kingdom's financial ecosystem.
A central focus of the meeting was the Trust Regulator's (TR) strategic emphasis on expanding trust structures, particularly family trusts, as a cornerstone of asset protection and intergenerational wealth transfer. For asset managers like Banjaran AMC, these frameworks serve as vital mechanisms to help high-net-worth individuals and businesses secure long-term financial stability while ensuring smooth succession planning—a growing priority in Cambodia’s evolving economic landscape.
This dialogue aligns closely with the Trust Regulator's (TR) ongoing market development efforts, such as their recent “Family Trust for Succession Planning” seminar held on April 29, 2025, at Sokha Hotel, Phnom Penh. Organized in partnership with Phillip Trustee (Cambodia) and Phillip Capital (Singapore), that session provided deep insights into regional best practices, offering tailored strategies that firms can leverage within the local market.
Reflecting this proactive environment, Banjaran AMC’s active engagement with the TR underscores its commitment to shaping a dynamic, sophisticated, and inclusive trust sector in Cambodia. By maintaining a close collaborative relationship with regulators, the firm aims to develop innovative financial solutions that directly address the wealth preservation needs of local families and institutional investors.
This momentum builds upon continuous regulatory engagement, including a previous baseline dialogue between His Excellency Ney Sakal, Deputy Director General of the TR (representing Director General Sok Dara), and the leadership of Lion Trust (Singapore) Limited. Given the Trust Regulator's (TR) active promotion of these services, the ongoing collaboration with specialized institutions like Banjaran AMC holds substantial promise for elevating the sophistication of Cambodia's broader financial sector.













