UOB chief’s pay drops 5.5% in 2024


Salary trends: People walk into the UOB building in the Raffles Place financial district. The bank’s chairman is confident Asean will remain a stable region of economic growth and strong trade opportunities if global geopolitical tensions escalate. — AFP

SINGAPORE: UOB chief executive officer (CEO) Wee Ee Cheong is earning less in 2024 than in 2023, despite his base salary increasing.

Wee’s US$15.05mil pay package was 5.5% lower than the US$15.9mil he received in 2023, but still higher than the US$14.2mil he racked up in 2022, according to the bank’s annual report, out on March 21.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
UOB , salary ,

Next In Business News

Ringgit poised to extend gains next week on solid fundamentals
Sukuk redemption marks positive step for Cypark Resources
Teh Tarik Nation’s traditional pull
A governance test for UOA-REIT
Bond strategies pivot to govts, EMs
Wall Street remembers a wild 2025
AI rules investment strategy
IHG boosts upscale stays market
11 new luxury hotels redefining travel
Nomura’s GMT headed for Malaysia

Others Also Read