Security Bank Corporation announced today the appointment of Executive Vice President John David “JD” Yap as the Bank’s new Chief Financial Officer (CFO), effective June 13, 2026.
Yap currently serves as Executive Vice President (EVP) and Head of the Business Banking Segment (BBS), one of the Bank’s core growth businesses. He has led the expansion of the Bank’s SME franchise while strengthening capabilities across sales, analytics, digital, and portfolio management.
Under Yap’s leadership, BBS received multiple industry recognitions in 2025, including Best Bank for SMEs in the Philippines from Asia Banking & Finance, FinanceAsia, and The Digital Banker.
He succeeds Senior Vice President (SVP) Allen Reyes, whose last working day with the Bank will be on June 12, 2026. Reyes will be leaving the Bank to pursue other opportunities.
As CFO, Yap will lead the Bank’s financial planning and analysis, finance strategy, regulatory and financial reporting, capital management, investor relations, sustainability, and related finance functions. He will help drive the Bank’s focus on disciplined execution, balance sheet strength, and sustainable long-term growth.
“JD has a strong record of building businesses, leading teams, and driving execution at scale,” said Security Bank President and CEO Victor Lee. “His appointment reflects the Bank’s continued focus on leadership continuity, disciplined growth, and long-term capability building.”
Yap brings more than 25 years of experience across banking, finance, analytics, business development, and risk management. Prior to joining Security Bank, he held senior leadership roles in Singapore with organizations such as Standard Chartered Bank, Fullerton Financial Holdings, United Overseas Bank, and Grab Finance.
During the transition period, Yap will continue to oversee the Business Banking Segment on an interim basis. Governance and oversight arrangements will remain in place to ensure continuity and clear accountability during this period.
Security Bank said existing BBS leadership teams and operations will continue as normal throughout the transition.