Cambodia Association Of Securities Firms

CASF is the national association representing securities companies in Cambodia. It works closely with the Securities and Exchange Regulator of Cambodia to support the development of the country’s securities market.

Chariman's Message

A Word From Our Chairman

Sear Ratanak currently serves as the Chief Executive Officer of RHB Securities (Cambodia) Plc., where he oversees the firm’s capital markets advisory and deal execution functions. He joined the company in 2020 as a Corporate Finance Manager and was promoted to Head of Corporate Finance in 2023. In 2025, he was appointed CEO in recognition of his leadership and significant contributions to the firm’s growth and strategic development.

During his tenure at RHB Securities, he has successfully led several notable capital market transactions in Cambodia. These include the initial public offerings (IPOs) of JS Land Plc. in 2022 and MJQ Education in 2023, as well as the subordinated bond issuance for ACLEDA Bank Plc. in 2025. These landmark transactions have contributed meaningfully to the advancement and deepening of Cambodia’s capital market.

Mr. Ratanak holds a Bachelor’s degree in Economics and Management from the Royal University of Law and Economics and a Master’s degree in Management from Audencia Business School.

Leading with vision and Intergrity

Board Of Director

hear directly from our board members about their commitment, vision, and dedication to advancing Cambodia’s securities industry and supporting our members

About CASF

The Cambodia Association of Securities Firms (CASF) is the national association representing securities companies in Cambodia. It works closely with the Securities and Exchange Regulator of Cambodia to support the development of the country’s securities market.

Our Mission

The mission of CASF is to promote and develop the securities sector in the Kingdom of Cambodia, carry out activities by having a close cooperation and role as a communication channel with SERC.

Our Profile

The Cambodia Association of Securities Firms (CASF) is representative the only national association, represented all securities companies in the Kingdom of Cambodia and recognized by the Securities and Exchange Regulator of Cambodia (SERC). The Cambodia Association of Securities Firms (CASF) is a non-profit organization dedicated to the advancement and development of the securities market in Cambodia. CASF organized from Exchange Regulator of Cambodia (SERC) in 7th August 2023 and registration from Ministry of Interior in 19th July 2023.

Our Objective

1. Promote ethical securities business practices among members in compliance with existing laws and regulations.
2. Encourage the implementation of laws and regulations within the securities sector and related fields among members.
3. Enhance operational efficiency by establishing fair business practice standards among members.
4. Keep members updated on developments and challenges through monitoring and disseminating relevant laws and regulations in the securities sector.
5. Promote public education and dissemination of information regarding current laws and regulations in the securities sector.
6. Elevate professional standards of member personnel through training programs and experience sharing.
7. Provide recommendations and advocate policies to the Securities and Exchange Regulator of Cambodia (SERC) and related institutions to foster sector development.
8. Enhance communication, coordination, and consensus-building among members. 9. Represent the collective interests of members in interactions with external individuals or institutions. 10. Participate in activities that support the objectives outlined in these statutes.

Our Member