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H.E. Rath Sovannorak
Deputy Governor
National Bank of Cambodia
H.E. Rath Sovannorak is a Deputy Governor of the National Bank of Cambodia (NBC). He joined the NBC in 1988 and has held a variety of positions such as Division Chief of the Exchange Management Department, Branch Manager of NBC’s Kampong Thom Branch, Director of Banking Supervision Department, and Director General of Banking Supervision. His thirty-eight-year service has been committed to the banking system reform in Cambodia. In these last few years, he has actively participated in various conferences and seminars in the country and abroad regarding the regulatory framework in banking and microfinance supervision and economic and monetary policies. Currently, he is also a member of committees within the National Bank of Cambodia such as Financial Stability Committee, Monetary Policy Committee, and the Banking Supervision Committee as well as a Chairman of Credit Bureau Cambodia, a Member of Non-Bank Financial Services Authority, and a member of different policy-driven committees on a national level.
H.E. Rath Sovannorak holds a master’s degree in financial economics from the University of London, England, and a master’s degree in development economics from the Williams College, MA, USA.
Interventions lors du Sommet
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12:10–12:20pmlun. 16 nov.Forum StageMain Plenary StageOpen
Others
Address by the Deputy Governor
À propos de cette session
A regulator decides whether an innovation reaches the market long before any customer does. In Cambodia, the rails, the sandbox and the licensing path are already in place: since December 2024, tokenised securities and backed stablecoins have been open to banks and licensed providers with central bank approval, all under firm supervision. The Deputy Governor sets out how a central bank can act as a partner to the firms it supervises without loosening its oversight, and what founders and fellow regulators can expect when they bring a pilot to Cambodia to test, secure a licence and scale.
