HANCO Halbertsma

Independent Director/Chairperson

Mr Hanco Halbertsma is strategy advisor to banks, finance companies and micro finance institutions in emerging markets and to (potential) investors in financial institutions.  For 20+ years he worked on many projects as an expert in retail and business banking, micro finance, SME finance, credit risk management, corporate governance and receivable finance.

As Chairperson of First Finance Hanco is supporting the company in areas such as strategy, funding, credit risk management, financial management and capacity building.

Previous experience in Cambodia included a 6-year Board Directorship at PRASAC MFI, the country’s largest microfinance company. Currently he is a Board Director of Caspian Impact Investments Private Limited (CII), a successful and fast growing SME Finance Company in India.

Hanco is founder of Priority Project Limited (PPL), a specialist financial-sector consulting group with a focus on strategic and operational advice to financial services companies and investors in Asia. This followed a 16-year career at ING Group of which nearly 8 years with ING-IGA, an emerging market consulting group.

Hanco is based in Hong Kong and holds a master degree in Business Administration.



Mr. Talmage Payne, a social entrepreneur and INGO leader, is currently the Cambodia Country Director for World Hope International. He is the founder of First Finance and several other social ventures. Talmage has lived in Southeast Asia most of his adult life, serving in both the non-profit and for-profit social impact sectors. He was global CEO of Hagar International (involved in the protection and recovery of survivors of human trafficking), and helped establish Hagar in nine countries using their integrated non-profit and for profit models. Talmage was the Country Manager for World Vision Cambodia and the founding Chair of VisionFund Cambodia. The Royal Cambodian Government has recognized his humanitarian work numerous times, twice awarding him the People’s Medal, as well as the Royal Order of the Sahametri. Talmage has BA in Economic Development from Wheaton College.

Mr. Ong Teong Hoon


Mr. Ong Teong Hoon has more than 30 years of banking experience in Asia, including some in the microfinance sector. Mr Ong is a senior executive at Phillip Capital, one of Asia’s leading financial houses and is currently a Director and shareholder’s representative with Phillip Bank and Director with Phillip General Insurance. He is a Chairman of the Methodist School in Cambodia and has held senior leadership roles in youth and detention rehabilitation programs. Mr Ong is also a founding board member of First Finance Plc and has journeyed with us through our rapid growth, challenges and successes. He is also an Associate of the Chartered Institute of Bankers in London.

Mr. Nicholas Lazos


Mr. Nicholas Lazos is Co-founder and Director of Insitor Impact Asia Fund. Nicholas has worked in South and Southeast Asia for the last ten years, supporting social enterprises through their start-up stages. Nicholas leads all major equity investments and sits on the Board of Directors of portfolio companies. Prior to Insitor, Nicholas was a General Manager of the first low-income housing solutions company in Cambodia, where he managed the startup and development of the company until it became fully operational. He holds dual degrees in Mathematical Methods in the Social Science program at Northwestern University.

Mr. Paul Freer

Independent Director

Mr. Paul Freer has more than 20 years of senior-level experience in international banking as well as a successful background in project management, education and the not-for-profit sector in Cambodia. Paul spent his initial banking career in the UK before investing a further 15 years of his career working in Cambodia and the Lao PDR in senior management positions in both for-profit and not-for-profit organizations. Paul was previously CEO of Standard Chartered Bank in Cambodia, MD of Phongsavanh Bank in the Lao PDR and Head of Retail Banking with ANZ Royal Bank (Cambodia). He was also responsible for the entry of Maruhan Japan Bank into the Cambodian marketplace, where he was employed as Vice President and General Manager. Paul sits on the Finance and Facilities Committee of the International School of Phnom Penh and has undertaken independent banking and MFI consultancies with The World Bank and other organizations. Paul was recently appointed Chief Operating Officer at PiPay – a new electronic payment processing start-up operating in Cambodia. Paul holds a Postgraduate Diploma in Business Management from the Southampton Business School in the UK.

Mr. Joshua Morris


Mr. Joshua Morris is the founding Partner and Managing Director of Emerging Markets Investments (EMI), a Cambodian-based Investment Advisory business that manages the Cambodia-Laos Development Fund. Prior to founding EMI, Joshua was actively involved in private sector development and business consulting in Southeast Asia through his role as a co-founder of EMI’s sister company, Emerging Markets Consulting. Before relocating to Cambodia in 2004, Joshua held senior management positions in marketing and corporate development for technology start-ups and a NASDAQ-listed e-commerce business. Joshua holds a MBA from Harvard Business School (1998) and a BA cum laude from Harvard University (1992).

Mr. David Littlejohn

Independent Director

Hailing from a sales career based in Singapore and Bangkok, covering over 20 years, New Zealand born David Littlejohn moved to Cambodia 6 year ago to join Comin Khmere as Sales and Marketing manager, positioning the company as marketplace leaders in the provision of engineering solutions in Cambodia. Comin Khmere Designs, Implements, and Maintains systems within the fields of Mechanical and Electrical engineering, Air conditioning & Refrigeration, Power & Renewable energies, Water & Plumbing, Fire protection, Network infrastructure, Security & Automation and elevator & Escalator solutions.