OCBC chief Helen Wong’s 2023 pay up 8% to $12.1 million

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OCBC chief Helen Wong’s 2023 pay up 8% to $12.1 million
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Her pay overtakes that of Piyush Gupta, CEO of Singapore’s largest bank DBS.

SINGAPORE – OCBC group chief executive Helen Wong’s salary rose in 2023 as her bank’s full-year earnings reached a new high.

The 2023 variable compensation for Mr Gupta and other members of DBS’ group management committee was cut to hold them accountable for a series of digital disruptions in the bank’s services in 2023.who took home $15.9 million, a 12 per cent increase from the $14.2 million he earned in 2022. The increase in her pay was smaller than the 47 per cent salary jump she had in 2022, when her pay of $11.2 million rose from $7.6 million the previous year. Ms Wong was appointed group CEO on April 15, 2021.

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