The Chief Executive Officer of Singapore’s UOB, Wee Ee Cheong, experienced a decrease in his total remuneration in a year that also witnessed a fall in the company’s profit. This comes as per the bank’s annual report, which highlighted his reduced earnings.
The CEO’s total compensation in 2025 amounted to S$12 million (equivalent to $9.4 million), indicating a downward trend of 20 percent on a yearly basis. The components of this remuneration package include a base salary of S$1.4 million, bonuses totaling S$10.6 million, and additional benefits worth S$42,629. It is noteworthy that 60 percent of the variable pay will be deferred and vested over the ensuing three years.
The decrease in the CEO’s pay goes hand in hand with UOB’s overall performance. The bank recorded a 23 percent slump in its net profit in 2025, ending the year with a total of S$4.7 billion. This decrease in profit has been reflected in the reduced pay packet of the bank’s top executive.
What was the total compensation of UOB’s CEO in 2025?
The total compensation of UOB’s CEO in 2025 was S$12 million, which translates to $9.4 million.
What components made up the CEO’s remuneration package?
The CEO’s remuneration package was made up of a base salary of S$1.4 million, bonuses amounting to S$10.6 million, and benefits worth S$42,629.
How did UOB’s performance in 2025 relate to the CEO’s pay?
UOB’s performance in 2025, which saw a 23 percent decrease in net profit, was reflected in the CEO’s reduced pay.
