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21 Mar 2025
UOB CEO Wee Ee Cheong’s FY2024 pay trimmed by 6% y-o-y to $15 mil despite record earnings
Summary: UOB CEO Wee Ee Cheong’s total remuneration for FY2024 was $15.05 million, a 6% decrease from the previous year. Despite a 6% increase in net profit to $6.0 billion, Cheong’s bonus fell due to a decrease in variable pay. UOB remains optimistic about the ASEAN region’s prospects, driven by strong economic fundamentals and favorable export prospects.