Revitalizing Banking and Nation-Building SCB Philippines Under CEO Mike Samson

In the storied history of Standard Chartered Bank (SCB), a pioneer foreign bank in the Philippines and among Asia’s oldest, lies a connection to the nation’s past. The archives reveal telegraphic transfers from Jose Rizal’s family, aiding his education in Spain, symbolizing the bank’s longstanding presence during pivotal moments in Filipino history.

Mike Samson, SCB Philippines’ newly appointed CEO, emphasizes the bank’s enduring commitment to fulfilling fundamental banking needs despite the sector’s dramatic evolution. Samson, a homegrown talent with global expertise, previously led SCB Australia. His return to helm SCB Philippines marks a significant step in continuing the bank’s legacy in the country.

SCB’s journey in the Philippines began in 1872, with initial ventures in agriculture and trade financing. Today, the bank boasts a local balance sheet exceeding P103 billion and a global presence worth $826 billion. With over 150 years of regional experience, SCB is positioned to support local and international clients in transaction banking, financial markets, and funding.

Samson, succeeding Lynette Ortiz, is committed to supporting the Philippines’ transition goals, including launching the nation’s first sovereign wealth fund and aiding the Marcos administration’s ambitious infrastructure projects. Ortiz now leads the Land Bank of the Philippines, playing a key role in establishing the Maharlika Investment Corp.

Samson’s career in banking spans nearly three decades, with significant roles in ASEAN and South Asia corporate finance. A graduate of Ateneo de Manila University and the Wharton School of Business, his expertise extends to major economic trends and global capital markets, contributing to various landmark transactions in Asia.

Samson’s return to the Philippines is driven by a desire to make a difference and contribute to nation-building. He sees opportunities in the ASEAN region’s infrastructure development, sustainability transition, and economic upliftment. His leadership at SCB Philippines will focus on embracing digital transformation and supporting local conglomerates’ growth.

Beyond banking, Samson is an active patron of contemporary arts, contributing to various art institutions and nurturing his personal collection. His dedication to art underscores the importance of cultural appreciation in personal and professional spheres.