Security Bank Corporation announced the appointment of Price Edward “Jim” Yap as its new Executive Vice President and Head of the Financial Markets and Wealth Business Segment, effective August 29, 2025.
In his new role, Yap will continue to lead the Financial Markets Segment while also taking on leadership of the Wealth Segment. He succeeds Jefferson Ko, who is leaving the bank for personal reasons. Ko previously led the Investment Solutions Group, where he played a key role in strengthening client relationships and enhancing product offerings.
Sanjiv Vohra, President & CEO of Security Bank, expressed confidence in Yap’s leadership. “Jim is a proven leader with a track record of driving results in highly competitive markets,” Vohra said. “With his deep market expertise and relentless focus on clients, he is well-positioned to accelerate the growth of our Wealth Segment and take our customer value proposition to new heights.”
Security Bank is a private domestic universal bank in the Philippines with total assets of PHP1.1 trillion as of March 31, 2025. Established in 1951, the bank has been serving the financial needs of Filipinos for 74 years. It operates a network of 358 branches and 1,150 ATMs, Cash Recycler Machines (CRMs), and Cash 360 machines.
Security Bank has been recognized with numerous awards for its performance and commitment to excellence. Some recent accolades include:
- Best for High-Net-Worth in the Philippines by Euromoney/Asiamoney (five consecutive years)
- Best Investor Relations Company (Philippines), Sustainable Asia Award, Asia’s Best CEO (Investor Relations), Asia’s Best CFO (Investor Relations), and Best Investor Relations Professional (Philippines) for five consecutive years by Corporate Governance Asia
- Best Commercial Bank for SMEs (Domestic) by FinanceAsia
- SME Bank of the Year – Philippines, Credit Card Initiative of the Year – Philippines, Mobile Banking & Payment Initiative of the Year – Philippines, External Environmental Initiative of the Year – Philippines, Consumer Finance Product of the Year – Philippines, Philippines Domestic Cash Management Bank of the Year, and Philippines Domestic Trade Finance Bank of the Year by Asian Banking & Finance.
