UOB CEO Receives Pay Cut in Line With Profit Drop
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UOB CEO Wee Ee Cheong's total compensation for 2025 decreased by 20% to S$12 million ($9.4 million) due to a 23% drop in the bank's net profit to S$4.7 billion. 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% of variable pay deferred over three years. This reduction aligns with UOB's overall performance decline.
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