Chief Bank (Cambodia) on its 10th anniversary signed a memorandum of understanding (MoU) with Forte Life Insurance on delivering comprehensive financial offerings and innovative insurance solutions to enrich customers’ lives and provide peace of mind.

Chief Bank CEO Dr Seoung Morarith and Forte Life Insurance CEO Prou Sythan signed the agreement in a ceremony held at the PH Grand Hall 2 in Peng Huot Boeng Snor on December 9, with board members and senior management from both companies in attendance.

Dr Morarith, the CEO of Chief Bank, highlighted the significance of the collaboration, saying it represented the two industry leading companies’ “shared vision of delivering unparalleled financial services”.

“Today marks an important milestone for Chief Bank and Forte Life Insurance as we come together to sign this significant memorandum of understanding.

“This collaboration represents a shared vision of delivering unparalleled financial services and protection to our valued customers.

“The strategic partnership will enable us to leverage each other’s strengths, expertise and resources, ultimately enhancing our ability to serve the evolving needs of our customers in the ever-dynamic financial landscape,” he said.

Sithan, the CEO of Forte, spoke of his delight at the signing of the MoU, noting that the timing of the partnership – coinciding with Chief Bank’s 10th anniversary – made it even more momentous.

“Today signifies another historic milestone in the journey of Forte and Chief Bank, and I am thrilled that this signing ceremony to mark the beginning of a long-term partnership coincides with Chief Bank’s 10th anniversary celebrations.

“The foundation of our collaboration lies in our shared core principles – known as the ‘Chief Way’, it is centred around trust, honesty and integrity, and prioritising our customers as the core of our business.

“This partnership is built for the long run, and aimed at building a prosperous future with a strong focus on benefiting our valued customers,” he said.