What Salary Do CEOs Earn In Singapore?

Below is some information on salaries earned in 2012 by CEOs in Singapore, for a selection of companies. The data is from the annual reports and includes base pay, short-term incentives and benefits accrued for the financial year.

  • DBS Group chief executive Piyush Gupta is the top-earning executive among Straits Times Index companies, drawing $9.33 million. This was a 15% increase on the previous year when he earned $8.08 million.
  • United Overseas Bank (UOB) chief executive Wee Ee Cheong, enjoyed a pay increase of 30%, taking home around $9 million.
  • OCBC chief executive Samuel Tsien’s package was $5.5 million.
  • Keppel Corp chief executive Choo Chiau Beng was given a remuneration package worth $7.99 million, including a deferred bonus of $3.09 million. In 2011, his package came to between $11.6 million and $11.85 million in cash and shares.
  • Sembcorp Marine chief executive Wong Weng Sun earned $5 million, a 34% drop from 2011.
  • Mr Liew Mun Leong, president and chief executive of CapitaLand, was given a package worth $5.33 million. This is lower than the $5.63 million package he received in 2011.
  • City Developments executive chairman Kwek Leng Beng’s remuneration close to $9 million.


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