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Reading: CIM Holding flourishes in the Kingdom of opportunity – Khmer Times
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CIM Holding flourishes in the Kingdom of opportunity – Khmer Times

Last updated: July 4, 2025 9:30 am
Published: 10 months ago
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In 2009, with over 20 years as an international senior banking executive with Citibank and ANZ Bank, the founder of Cambodian Investment Management, Anthony Galliano, confronted some challenging choices. Continue in banking or become an entrepreneur and start a proprietary business. The ultimate decision was to establish an enterprise in the Cambodia and in 2009 Cambodian Investment Management was launched as the first company in the Kingdom. The choice was based on the ease of doing business in Cambodia and the assessment of the abundance of opportunities. With attractive government policies of 100% foreign ownership, a low minimum capital requirement of $1,000, favorable tax rates, a dollarized economy, a strategic location, and business friendly government, Cambodia was the preferred choice to start the journey for what would become Cambodian Investment Management Holding.

Cambodian Investment Management was the first company incorporated, mainly focusing on company registration, corporate secretarial services, corporate finance, and advisory services. A second company, Phnom Penh BG Serviced Office, was established in 2014 to cater to the growing demand for serviced offices and co-working spaces.

As space was rented, clients requested corporate registration services which allowed the company to cross-sell services. Once registered, the clients needed tax services, which led to the formation of Cambodian Investment Management Tax services, a licensed tax agent. The group’s clients required insurance services, leading to the formation of Affinity Star Insurance Broker, a licensed insurance broker. With the enforcement of the Accounting and Auditing Regulator’s requirement for maintaining accounting records and submission of financial statements, Cambodian Investment Management Accounting Services was formed, with five Certified Public Accountants and highly skilled Khmer accountants. Premium Human Resources was formed in 2015 providing recruitment, human resource services, work permits, visas, Professional Employer Organization Employer of Record services, and payroll services. In 2023, the group added OBOR Management, a licensed Fund Manager, as a subsidiary, with a 40% stake.

The group recently acquired a 90% stake in B2B Cambodia, now B2B Media News, a business news portal across all social media channels focusing on delivering the highest quality business news, primarily in short and long video format. The latest venture is Vantage Asset Properties, a real estate broker, adviser, and investment arranger. The group is also an investor in Wowee Advertising and Backyard Café.

There have been several key milestones in the Group’s journey. The foundation for company’s growth and expansion took shape in 2016 with Tanncam Investment acquiring 40%, which was injected as capital. In 2025 Cambodian Investment Management Accounting Services assimilated into the Moores Rowland network and rebranded as Moores Rowland (Cambodia). This was a substantial upgrade and boost to the group accounting and tax business as Moores Rowland rates among the top 10 accounting firms in the world and extended the groups product offering into areas such as Environmental, Social & Governance Reporting. The group has also expanded geographically with the establishment of Star Insurance Agency in Vietnam, Star Insurance Broker in Laos and Lotus Business Processing Outsourcing in Vietnam. In 2025, the group decided to created three core pillars: Processing division to centralize all handling of processing activities across the group’s business, a digital asset division consolidating the groups current digital assets in media, website development, applications, and AI expansion, and an Investment division leveraging the group’s assets in fund management, real estate, corporate finance, and investment readiness.

Group CEO Anthony Galliano believes the path ahead is more promising than the achievements of the past.” We are now reaching the point of being a business services arena where all business services can be delivered under a unified hub,” Galliano says.

Our emphasis is to deliver as many services through cross-selling marrying products with a core select group of relationships.” The group is embracing growth and expansion in its Digital Asset Division.

“The intention is to launch digital products which are can be geographically transported, leveraging a centralized digital production center,” says the Group CEO.

Galliano firmly believes in the future growth of the financial and capital markets in the Kingdom. “We intend to be a major player in the nascent capital markets as they evolve and transform to be one of the core pillars of the economy.

The group has planted its roots and foundation in Cambodia, and over 16 years has blossomed in the Kingdom of Opportunity,” Galliano adds

“The best is yet to come as we embrace the new digital economy to drive our future growth and expansion.”

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