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Friday, 22 November 2024

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Public Bank CEO Tay Ah Lek overtakes DBS CEO Piyush Gupta as the Asia Pacific’s highest-paid bank chief executive

Tay Ah Lek saw a 6.5% rise in total remuneration to $9.2 million in 2020 despite the pandemic, which was 250 times the average pay Public Bank’s employees received.

Research Notes

Aggregate remuneration of APAC’s top 10 highest-paid bank chiefs rose 12%

DBS’s Gupta is the highest-paid bank CEO in Asia Pacific, while Public Bank CEO Tay received the highest compensation as a percentage of net profit, with the combined total earned by the top 10 highest-paid bank chiefs in the region reaching $63.4 million in FY2022, up from $56.5 million in FY2021

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Our archives on Wee Ee Cheong

Public Bank CEO Tay Ah Lek overtakes DBS CEO Piyush Gupta as the Asia Pacific’s highest-paid bank chief executive

Aggregate remuneration of APAC’s top 10 highest-paid bank chiefs rose 12%