Security Bank Corp. has appointed executive vice president John David “JD” Yap as its new chief financial officer (CFO), starting June 13, 2026. He takes over from senior vice president Allen Reyes, who will leave the bank on June 12 to pursue other career opportunities.
Yap currently heads the Business Banking Segment (BBS), a key growth area for the bank. Under his leadership, the bank’s small and medium enterprise (SME) business expanded significantly, with stronger sales, digital tools, and portfolio management. In 2025, BBS won top industry awards including “Best Bank for SMEs in the Philippines” from Asia Banking & Finance, FinanceAsia, and The Digital Banker.
As CFO, Yap will oversee financial planning, strategy, reporting, capital management, investor relations, and sustainability efforts. He will support the bank’s goals of strong financial health, disciplined operations, and long-term, sustainable growth. President and CEO Victor Lee noted Yap’s proven track record in building businesses and leading teams, adding the appointment ensures leadership continuity and continued capability development.
Yap brings over 25 years of experience in banking, finance, analytics, and risk management. Before joining Security Bank, he held senior roles in Singapore with Standard Chartered Bank, Fullerton Financial Holdings, United Overseas Bank, and Grab Finance.
During the transition, Yap will continue to lead BBS temporarily. The bank assured that all BBS teams and operations will run normally, with clear oversight to ensure smooth handover and no disruptions.
