UOB CEO Receives Pay Cut in Line With Profit Drop
Singapore-based UOB’s chief executive officer saw his remuneration decrease in a year where profit also fell.
UOB CEO and deputy chairman Wee Ee Cheong received S$12 million ($9.4 million) in total compensation for 2025, according to the bank’s annual report, down 20 percent year-on-year. The pay package includes S$1.4 million in base salary, S$10.6 million in bonuses, and S$42,629 in benefits, with 60 percent of variable pay deferred and vested over the next three years.
The reduced pay is in line with UOB’s performance, with its net profit decreasing 23 percent in 2025 to S$4.7 billion.