Public Bank Berhad Management
Management criteria checks 3/4
Public Bank Berhad's CEO is Ah Lek Tay, appointed in Jul 2002, has a tenure of 22.25 years. total yearly compensation is MYR51.12M, comprised of 32.5% salary and 67.5% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth MYR143.47M. The average tenure of the management team and the board of directors is 8.8 years and 5.3 years respectively.
Key information
Ah Lek Tay
Chief executive officer
RM 51.1m
Total compensation
| CEO salary percentage | 32.5% |
| CEO tenure | 22.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8.8yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Public Bank Berhad (KLSE:PBBANK) Released Earnings Last Week And Analysts Lifted Their Price Target To RM5.10
Aug 29
Shareholders Will Probably Hold Off On Increasing Public Bank Berhad's (KLSE:PBBANK) CEO Compensation For The Time Being
May 01Public Bank Berhad's (KLSE:PBBANK) Upcoming Dividend Will Be Larger Than Last Year's
Mar 01Does Public Bank Berhad (KLSE:PBBANK) Deserve A Spot On Your Watchlist?
Feb 10Here's Why We Think Public Bank Berhad (KLSE:PBBANK) Might Deserve Your Attention Today
Nov 07Do Public Bank Berhad's (KLSE:PBBANK) Earnings Warrant Your Attention?
Jul 21Do Public Bank Berhad's (KLSE:PBBANK) Earnings Warrant Your Attention?
Apr 06Public Bank Berhad's (KLSE:PBBANK) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 01With EPS Growth And More, Public Bank Berhad (KLSE:PBBANK) Makes An Interesting Case
Dec 04Public Bank Berhad's (KLSE:PBBANK) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 01Shareholders May Be Wary Of Increasing Public Bank Berhad's (KLSE:PBBANK) CEO Compensation Package
May 17Factors Income Investors Should Consider Before Adding Public Bank Berhad (KLSE:PBBANK) To Their Portfolio
Apr 12How Many Public Bank Berhad (KLSE:PBBANK) Shares Do Institutions Own?
Jan 22
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | RM 7b |
| Mar 31 2024 | n/a | n/a | RM 7b |
| Dec 31 2023 | RM 51m | RM 17m | RM 7b |
| Sep 30 2023 | n/a | n/a | RM 7b |
| Jun 30 2023 | n/a | n/a | RM 7b |
| Mar 31 2023 | n/a | n/a | RM 6b |
| Dec 31 2022 | RM 45m | RM 14m | RM 6b |
| Sep 30 2022 | n/a | n/a | RM 6b |
| Jun 30 2022 | n/a | n/a | RM 6b |
| Mar 31 2022 | n/a | n/a | RM 6b |
| Dec 31 2021 | RM 39m | RM 12m | RM 6b |
| Sep 30 2021 | n/a | n/a | RM 5b |
| Jun 30 2021 | n/a | n/a | RM 5b |
| Mar 31 2021 | n/a | n/a | RM 5b |
| Dec 31 2020 | RM 37m | RM 11m | RM 5b |
| Sep 30 2020 | n/a | n/a | RM 5b |
| Jun 30 2020 | n/a | n/a | RM 5b |
| Mar 31 2020 | n/a | n/a | RM 5b |
| Dec 31 2019 | RM 35m | RM 9m | RM 6b |
| Sep 30 2019 | n/a | n/a | RM 6b |
| Jun 30 2019 | n/a | n/a | RM 6b |
| Mar 31 2019 | n/a | n/a | RM 6b |
| Dec 31 2018 | RM 34m | RM 7m | RM 6b |
| Sep 30 2018 | n/a | n/a | RM 6b |
| Jun 30 2018 | n/a | n/a | RM 6b |
| Mar 31 2018 | n/a | n/a | RM 6b |
| Dec 31 2017 | RM 27m | RM 6m | RM 5b |
Compensation vs Market: Ah Lek's total compensation ($USD11.88M) is above average for companies of similar size in the MY market ($USD1.45M).
Compensation vs Earnings: Ah Lek's compensation has been consistent with company performance over the past year.
CEO
Ah Lek Tay (81 yo)
22.3yrs
Tenure
RM 51,120,000
Compensation
Dr. Tan Sri Dato’ Sri Ah Lek Tay, PSM, SSAP, PJN, DIMP, KMN, MBA (Henley); EFMIM (M’sia); Fellow, Charted Banker, AICB; FCPA (Aust); F Fin (Aust), serves as Non-Independent Executive Director at Public Isl...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 22.3yrs | RM 51.12m | 0.16% MYR 143.5m | |
| Chief Financial Officer | 12.3yrs | no data | no data | |
| Senior Chief Operating Officer | 12.3yrs | no data | no data | |
| Senior Chief Operating Officer | 11yrs | no data | no data | |
| Senior Executive | no data | no data | no data | |
| Chief Compliance Officer | 7.6yrs | no data | no data | |
| Chief Human Capital Officer | 4.8yrs | no data | no data | |
| Deputy Chief Executive Officer | 8.8yrs | no data | no data | |
| Chief Operating Officer of Corporate Banking/HP Operations | less than a year | no data | no data | |
| Group Chief Internal Auditor | 11yrs | no data | no data | |
| Chief Learning Officer | less than a year | no data | no data | |
| Chief Operating Officer of Retail Financial Services | less than a year | no data | no data |
8.8yrs
Average Tenure
65yo
Average Age
Experienced Management: PBBANK's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 27.3yrs | RM 51.12m | 0.16% MYR 143.5m | |
| Executive Director & Chief Executive of Public Finance Limited | less than a year | no data | no data | |
| Executive Director & CEO of Public Bank (Hong Kong) Limited | 4.8yrs | no data | no data | |
| Non-Independent Non-Executive Director | 5.8yrs | RM 551.00k | 0.0052% MYR 4.6m | |
| Non-Independent Non-Executive Chairman | 12.5yrs | RM 1.06m | 0.00048% MYR 425.8k | |
| Independent & Non-Executive Director | 3.5yrs | RM 718.00k | 0.00078% MYR 691.9k | |
| Independent Non-Executive Director | 5.8yrs | RM 834.00k | no data | |
| Non-Independent Non-Executive Director | 10.5yrs | RM 680.00k | 0.00027% MYR 239.5k | |
| Independent Non-Executive Director | 5.3yrs | RM 715.00k | 0.00038% MYR 337.1k | |
| Independent Non-Executive Director | 3.3yrs | RM 721.00k | 0.00010% MYR 88.7k | |
| Independent Non Executive Director | less than a year | RM 121.00k | 0.00024% MYR 212.9k |
5.3yrs
Average Tenure
66yo
Average Age
Experienced Board: PBBANK's board of directors are considered experienced (5.3 years average tenure).