The Cambodia Microfinance Association (CMA) has elected its new Board of Directors for 2024 and 2025 with the first time ever having a chairwoman in its 20-year history. The Board election was conducted a part of its Annual General Assembly (AGA) on 16th February 2024 where over 100 participant from member financial institutions, gathered to review CMA 2023’s achievements and 2024’s plan. 

In his address, former Chairman Mr. SOK Voeun highlighted key accomplishments from the past year, such as the implementation of the Standard Loan Contract and the BFIs' Code of Conduct, among other things. He commended the dedication of all stakeholders, particularly members, for their contributions to the sector's stability and sustainability.

The AGA also served as a platform to elect a new Board of Directors (BoD) and its leadership for the 2024-2025 term. The elections resulted in H.E. DITH Nita from CAMMA Microfinance Institution being elected as the new Chairwoman, while Mr. SOK Voeun from LOLC (Cambodia) Plc. being elected as the Vice Chairman.  

The newly elected BoD for term 2024-2025 will the key driving force of Cambodia’s microfinance sector, which plays crucial for economic and social development. With the requisite authority, they ensure the meticulous governance and administration of the association's operations and assets. The BoD include:

1. H.E DITH Nita, Chairwoman, from CAMMA Microfinance Institution
2. Mr. SOK Voeun, Vice Chairman, from LOLC (Cambodia) Plc.
3. Oknha CHHUN Sopheak, member, from Mohanokor Microfinance Plc.
4. Mr. DOS Dinn, member, from Amret MFI
5. Oknha HOUT Ieng Tong, member, from Hatha Bank Plc.
6. Mr. KEA Borann, member, from AMK Microfinance Plc.
7. Mr. KHOU Buntry, member, from Funan Microfinance Plc.
8. Miss. KHUN Sonita, member, from YCP Microfinance Plc.
9. Mr. PA Ponnak Rithy, member, from Maxima Microfinance Plc.
10. Mr. SIM Senacheert, member, from First Finance Plc.
11. Mr. Yannick Nicolas MILEV, member, from Chamroeun Microfinance Plc.
12. Mr. DY Sitha, Member representing Rural Credit Institutions, from DAIKOU FINANCE PLC
13. Mr. KHENG Tilen, Member representing Financial Leasing Institutions, from BSP Finance (Cambodia) Plc.

As a non-profit professional entity, the CMA is dedicated to  ensure every Cambodian received formal financial services in a timely fashion through a sustainable financial service. This is part of its broader goal to cultivate a sustainable financial ecosystem that supports the nation's economic development and financial inclusion objectives.