Bank of East Asia Management

Management criteria checks 3/4

Bank of East Asia's CEO is Adrian David Li, appointed in Jul 2019, has a tenure of 5.33 years. total yearly compensation is HK$21.40M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €4.63M. The average tenure of the management team and the board of directors is 5.3 years and 13.5 years respectively.

Key information

Adrian David Li

Chief executive officer

HK$21.4m

Total compensation

CEO salary percentage	37.4%
CEO tenure	5.3yrs
CEO ownership	0.1%
Management average tenure	5.3yrs
Board average tenure	13.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adrian David Li's remuneration changed compared to Bank of East Asia's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	HK$3b
Mar 31 2024	n/a	n/a	HK$3b
Dec 31 2023	HK$21m	HK$8m	HK$4b
Sep 30 2023	n/a	n/a	HK$4b
Jun 30 2023	n/a	n/a	HK$5b
Mar 31 2023	n/a	n/a	HK$4b
Dec 31 2022	HK$20m	HK$8m	HK$4b
Sep 30 2022	n/a	n/a	HK$3b
Jun 30 2022	n/a	n/a	HK$3b
Mar 31 2022	n/a	n/a	HK$4b
Dec 31 2021	HK$19m	HK$8m	HK$4b
Sep 30 2021	n/a	n/a	HK$4b
Jun 30 2021	n/a	n/a	HK$4b
Mar 31 2021	n/a	n/a	HK$3b
Dec 31 2020	HK$16m	HK$8m	HK$3b
Sep 30 2020	n/a	n/a	HK$3b
Jun 30 2020	n/a	n/a	HK$3b
Mar 31 2020	n/a	n/a	HK$3b
Dec 31 2019	HK$12m	HK$6m	HK$3b
Sep 30 2019	n/a	n/a	HK$3b
Jun 30 2019	n/a	n/a	HK$3b
Mar 31 2019	n/a	n/a	HK$4b
Dec 31 2018	HK$13m	HK$4m	HK$6b
Sep 30 2018	n/a	n/a	HK$6b
Jun 30 2018	n/a	n/a	HK$6b
Mar 31 2018	n/a	n/a	HK$6b
Dec 31 2017	HK$13m	HK$4m	HK$5b

Compensation vs Market: Adrian David's total compensation ($USD2.75M) is above average for companies of similar size in the German market ($USD1.92M).

Compensation vs Earnings: Adrian David's compensation has been consistent with company performance over the past year.

CEO

Adrian David Li (51 yo)

5.3yrs

Tenure

HK$21,400,000

Compensation

Mr. Man-Kiu Li, also known as Adrian David, BA (Cantab), Hon. MA (Cantab), MBA, LPC, JP, BBS, has been Co-Chief Executive of Bank of East Asia, Ltd since July 01, 2019 and has been its Executive Director s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kwok-Po Li	Executive Chairman	47.8yrs	HK$20.10m	3.77% € 117.6m
Man-Kiu Li	Co-Chief Executive & Executive Director	5.3yrs	HK$21.40m	0.15% € 4.6m
Man-Bun Li	Co-Chief Executive & Executive Director	5.3yrs	HK$21.40m	0.16% € 5.1m
Dawn Tao	CFO, GM and Head of Strategic Planning & Control Division	4.2yrs	no data	no data
Hon-Shing Tong	Deputy Chief Executive & COO	15.6yrs	no data	no data
Kai Cheong Li	Deputy CEO & Chief Investment Officer	15.6yrs	no data	no data
Carmen Lee	Head of Corporate Communications Department	no data	no data	no data
Jaye Chiu	Head of Investment Banking	4.1yrs	no data	no data
Shuk Pui Chan	Group Chief Risk Officer	4yrs	no data	no data
Christine Lo	Head of Greater Bay Area Office	3.8yrs	no data	no data
Chun-Tak Law	Company Secretary	14.8yrs	no data	no data
Yuk Wing Pang	Senior Advisor	no data	HK$5.50m	no data

5.3yrs

Average Tenure

61yo

Average Age

Experienced Management: BOA's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kwok-Po Li	Executive Chairman	47.8yrs	HK$20.10m	3.77% € 117.6m
Man-Kiu Li	Co-Chief Executive & Executive Director	10.3yrs	HK$21.40m	0.15% € 4.6m
Man-Bun Li	Co-Chief Executive & Executive Director	10.3yrs	HK$21.40m	0.16% € 5.1m
Chi-Yun Wong	Independent Non-Executive Deputy Chairman of the Board	29.8yrs	HK$1.00m	0.97% € 30.2m
Yau-lai Lo	Non-Executive Director	24.8yrs	HK$500.00k	no data
Kwok-Sing Li	Non-Executive Director	29.8yrs	HK$600.00k	0.74% € 23.0m
Kwok-wing Li	Independent Non-Executive Director	8.2yrs	HK$900.00k	no data
Ying-yen Tang	Independent Non-Executive Director	7.7yrs	HK$1.10m	no data
Kwok-Sze Li	Non-Executive Director	18.8yrs	HK$500.00k	0.51% € 15.9m
Kwok Cheung Li	Non-Executive Deputy Chairman of the Board	16.8yrs	HK$600.00k	1.3% € 40.6m
Hsu Lai-Tai Fan	Independent Non-Executive Director	8.8yrs	HK$600.00k	no data
Delman Lee	Independent Non-Executive Director	7.7yrs	HK$1.00m	no data

13.5yrs

Average Tenure

72yo

Average Age

Experienced Board: BOA's board of directors are seasoned and experienced ( 13.5 years average tenure).

Bank of East Asia Management

Management criteria checks 3/4

Key information

Recent management updates

Bank of East Asia Promotes Jaye Chiu as New Regional Head of Private Banking

The Bank of East Asia, Limited, Annual General Meeting, May 10, 2024

Non-Executive Director recently sold €452k worth of stock

The Bank of East Asia, Limited, Annual General Meeting, May 11, 2023

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2022

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2022

Recent updates

First half 2024 earnings released: EPS: HK$0.69 (vs HK$0.87 in 1H 2023)

The Bank of East Asia, Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on October 14, 2024

Bank of East Asia Promotes Jaye Chiu as New Regional Head of Private Banking

The Bank of East Asia, Limited to Report First Half, 2024 Results on Aug 22, 2024

The Bank of East Asia, Limited, Annual General Meeting, May 10, 2024

The Bank of East Asia, Limited to Report Fiscal Year 2023 Final Results on Mar 26, 2024

Upcoming dividend of HK$0.18 per share

Taishin International Bank Co., Ltd., The Bank of East Asia, Limited (SEHK:23), Nanyang Commercial Bank, Limited, JPMorgan Chase Bank, N.A., Industrial Bank Co., Ltd. (SHSE:601166) and Siemens Bank GmbH acquired Performing loan asset of CTBC Bank Co.,Ltd. from CTBC Bank Co., Ltd. for $26.7 million.

Final dividend of HK$0.18 announced

Full year 2023 earnings released: EPS: HK$1.32 (vs HK$1.32 in FY 2022)

The Bank of East Asia, Limited Declares Second Interim Dividend for the Year Ended 31 December 2023, Payable on 08 April 2024

The Bank of East Asia, Limited to Report Fiscal Year 2023 Final Results on Feb 21, 2024

Upcoming dividend of HK$0.36 per share at 3.0% yield

First half 2023 earnings released: EPS: HK$0.87 (vs HK$0.39 in 1H 2022)

The Bank of East Asia, Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 05 October 2023

The Bank of East Asia, Limited to Report First Half, 2023 Results on Aug 24, 2023

Non-Executive Director recently sold €452k worth of stock

Full year 2022 earnings released: EPS: HK$1.32 (vs HK$1.53 in FY 2021)

Upcoming dividend of HK$0.17 per share at 3.0% yield

Full year 2022 earnings released: EPS: HK$1.32 (vs HK$1.53 in FY 2021)

The Bank of East Asia, Limited, Annual General Meeting, May 11, 2023

The Bank of East Asia, Limited to Report Fiscal Year 2022 Results on Feb 16, 2023

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.48 per share

The Bank of East Asia, Limited Announces Special Dividend, Payable on 13 October 2022

Upcoming dividend of HK$0.16 per share

First half 2022 earnings released: EPS: HK$0.39 (vs HK$0.78 in 1H 2021)

The Bank of East Asia, Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 30 September 2022

The Bank of East Asia, Limited to Report First Half, 2022 Results on Aug 18, 2022

Full year 2021 earnings released: EPS: HK$1.53 (vs HK$0.97 in FY 2020)

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2022

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2022

Upcoming dividend of HK$0.35 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

The Bank of East Asia, Limited Declares Second Interim Cash Dividend for the Year Ended December 31, 2021, Payable on 07 April, 2022

Upcoming dividend of HK$0.35 per share

First half 2021 earnings released: EPS HK$0.78 (vs HK$0.39 in 1H 2020)

Co-Chief Executive & Executive Director recently bought €78k worth of stock

Co-Chief Executive & Executive Director recently bought €164k worth of stock

Executive Chairman recently bought €708k worth of stock

Full year 2020 earnings released: EPS HK$0.97 (vs HK$0.89 in FY 2019)

Group Chief Risk Officer has left the company

Full year 2020 earnings released: EPS HK$0.97 (vs HK$0.89 in FY 2019)

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2021

New 90-day high: €1.98

New 90-day high: €1.82

The Bank of East Asia, Limited to Report Fiscal Year 2020 Results on Feb 24, 2021

The Bank of East Asia, Limited Announces Appointment of Directors and Members of Board Committees

The Bank of East Asia, Limited Announces Executive Changes

The Bank of East Asia, Limited Announces Appointments to Environmental, Social, and Governance Committee

New 90-day low: €1.55

Bank of East Asia, Limited Appoints Jaye Chiu as an Investment Banking Head

First half earnings released

New 90-day low - €1.83

Earnings released

KB Kookmin Bank completed the acquisition of 70% stake in PRASAC Microfinance Institution Limited from LOLC International Private Limited, The Bank of East Asia, Limited (SEHK:23) and Prasac Staff Company Ltd.

The Bank of East Asia, Limited to Report First Half, 2020 Results on Aug 20, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age