OCBC chief Samuel Tsien gets 10.4% rise in pay to S$10.7m for 2018

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.OCBCBank chief Samuel Tsien gets 10.4% rise in pay to S$10.7m for 2018

OCBC Bank's chief executive Samuel Tsien received a 10.4 per cent increase in pay in 2018 from a year ago, the bank disclosed in its annual report on Friday.OCBC Bank's chief executive Samuel Tsien received a 10.4 per cent increase in pay in 2018 from a year ago, the bank disclosed in its annual report on Friday.DBS Group Holdings chief executive Piyush Gupta took home a 15.5 per cent pay rise to S$11.9 million last year, in cash and shares combined.

United Overseas Bank chief executive Wee Ee Cheong earned a 12 per cent pay rise to S$10.56 million in 2018. For 2018, OCBC's Mr Tsien received about S$1.24 million in salary, and S$5.6 million in bonus. The remainder was from deferred shares and other benefits.

 

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