OCBC group chief executive Helen Wong's salary increased in 2023 as the bank's full-year earnings reached a new high. Wong's annual pay for the year came in at $12.1 million, surpassing DBS CEO Piyush Gupta's salary of $11.2 million. Gupta's variable compensation was reduced due to digital disruptions in the bank's services.
Ms Helen Wong 's 2023 overtook that of Piyush Gupta , CEO of Singapore’s largest bank DBS .SINGAPORE – OCBC group chief executive Helen Wong ’s salary rose in 2023 as her bank’s full-year earnings reached a new high.
Her pay overtakes that of Mr Piyush Gupta, CEO of Singapore’s largest bank DBS, who took home $11.2 million in 2023. This was aThe 2023 variable compensation for Mr Gupta and other members of DBS’ group management committee was cut to hold them accountable for a series of digital disruptions in the bank’s services in 2023.g, who took home $15.9 million, a 12 per cent increase from the $14.2 million he earned in 2022.
The increase in her pay was smaller than the 47 per cent salary jump she had in 2022, when her pay of $11.2 million rose from $7.6 million the previous year. Ms Wong was appointed group CEO on April 15, 2021.
OCBC Helen Wong DBS Piyush Gupta Salary Earnings Variable Compensation Digital Disruptions
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OCBC CEO Helen Wong's Salary Rises as Bank's Earnings Reach New HighOCBC group chief executive Helen Wong's annual pay for 2023 increased to $12.1 million, an 8% rise from the previous year, as the bank's full-year earnings hit a record high. Meanwhile, DBS CEO Piyush Gupta's salary dropped by 27% to $11.2 million due to digital disruptions in the bank's services. Wong's remuneration includes a base salary of $1.44 million, a bonus of $6.35 million, deferred shares worth $4.24 million, and other benefits.
Read more »
OCBC chief Helen Wong’s 2023 pay up 8% to $12.1 millionHer pay overtakes that of Piyush Gupta, CEO of Singapore’s largest bank DBS.
Read more »
CEO Piyush Gupta suffers 27% pay cut due to DBS's disruptions, receives $11.2mSINGAPORE — DBS Bank chief executive officer Piyush Gupta was paid $11.2 million in 2023, the bank said in its annual report out on March 6, a drop of 27 per cent from the $15.4 million he brought home in 2022. This follows the bank's announcement in February that the 2023 variable compensation for its CEO and other members of...
Read more »
Two former employees of Sembcorp Marine, now Seatrium, charged with bribing Brazilian officialsThe two executives charged include the former CEO of Sembcorp Marine Wong Weng Sun.
Read more »
Daughter of UOB CEO buys good class bungalow from ex-Keppel CEO for $39.5 millionGrace Wee, the youngest child of Wee Ee Cheong, is buying the Ford Avenue property.
Read more »
UOB CEO’s daughter buys GCB worth S$39.5M from ex-Keppel CEOThe GCB is located on Ford Avenue
Read more »