United Overseas Bank Limited

DB:UOB0 Stock Report

Market Cap: €42.9b

United Overseas Bank Management

Management criteria checks 3/4

United Overseas Bank's CEO is Ee Cheong Wee, appointed in Apr 2007, has a tenure of 17.67 years. total yearly compensation is SGD15.93M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 3.02% of the company’s shares, worth €1.29B. The average tenure of the management team and the board of directors is 6.9 years and 4.2 years respectively.

Key information

Ee Cheong Wee

Chief executive officer

S$15.9m

Total compensation

CEO salary percentage7.5%
CEO tenure17.7yrs
CEO ownership3.0%
Management average tenure6.9yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ee Cheong Wee's remuneration changed compared to United Overseas Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

S$6b

Jun 30 2024n/an/a

S$6b

Mar 31 2024n/an/a

S$6b

Dec 31 2023S$16mS$1m

S$6b

Sep 30 2023n/an/a

S$5b

Jun 30 2023n/an/a

S$5b

Mar 31 2023n/an/a

S$5b

Dec 31 2022S$14mS$1m

S$4b

Sep 30 2022n/an/a

S$4b

Jun 30 2022n/an/a

S$4b

Mar 31 2022n/an/a

S$4b

Dec 31 2021S$11mS$1m

S$4b

Sep 30 2021n/an/a

S$4b

Jun 30 2021n/an/a

S$3b

Mar 31 2021n/an/a

S$3b

Dec 31 2020S$10mS$1m

S$3b

Sep 30 2020n/an/a

S$3b

Jun 30 2020n/an/a

S$4b

Mar 31 2020n/an/a

S$4b

Dec 31 2019S$11mS$1m

S$4b

Sep 30 2019n/an/a

S$4b

Jun 30 2019n/an/a

S$4b

Mar 31 2019n/an/a

S$4b

Dec 31 2018S$11mS$1m

S$4b

Sep 30 2018n/an/a

S$4b

Jun 30 2018n/an/a

S$4b

Mar 31 2018n/an/a

S$3b

Dec 31 2017S$9mS$1m

S$3b

Compensation vs Market: Ee Cheong's total compensation ($USD11.73M) is above average for companies of similar size in the German market ($USD4.85M).

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

CEO

Ee Cheong Wee (72 yo)

17.7yrs

Tenure

S$15,929,701

Compensation

Mr. Ee Cheong Wee, B.Sc. (Bus Admin), M.A. (Applied Econs), has been the Chief Executive Officer of United Overseas Bank Limited since April 27, 2007. Mr. Wee has been the Chief Executive Officer of Far Ea...

Leadership Team

NamePositionTenureCompensationOwnership
Ee Cheong Wee
Deputy Chairman & CEO17.7yrsS$15.93m3.02%
€ 1.3b
Wai Fai Lee
Group Chief Financial Officer19.5yrsno data0.038%
€ 16.1m
Chear Goh
Head of Group Technology & Operationsless than a yearno datano data
Leong Edmund
Head of Group Investment Bankingno datano datano data
Shih Tung Lin
Head of Investor Relationsno datano datano data
Kok Chan
Group Chief Risk Officer and Head of Group Governance12.3yrsno datano data
Chee Kion Tong
Head of Group Human Resources6.9yrsno datano data
Wai Cheng Hwee
Head of Group Retailless than a yearno datano data
Chwee Yan Wong Wah
Head of Group International Managementno datano datano data
Choon Hin Tan
Deputy Head of Group Governanceless than a yearno datano data
Voon Fat Chin
Head of Group Wholesale Banking & Marketsno datano datano data
Yoke Mun Young
Head of Group Channels & Digitalisationno datano datano data

6.9yrs

Average Tenure

63yo

Average Age

Experienced Management: UOB0's management team is seasoned and experienced (6.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ee Cheong Wee
Deputy Chairman & CEO34.9yrsS$15.93m3.02%
€ 1.3b
Wei Ng
CEO & Executive Director of United Overseas Bank (Malaysia) Berhad2.9yrsno datano data
Ee Lim Wee
Non-Executive Non-Independent Director6.4yrsS$225.00k2.63%
€ 1.1b
Jown Leam Lien
Non-Executive Non-Independent Director7.4yrsS$225.00kno data
Kan Seng Wong
Independent Chairman of the Board7.4yrsS$1.37m0.0039%
€ 1.7m
Swee Kim Phan
Independent Non-Executive Director5.4yrsS$400.00k0.00069%
€ 295.7k
Tai-Tee Chia
Independent Director4.2yrsS$335.00k0.00056%
€ 240.0k
Kim Hong Woon
Independent Director3.3yrsS$315.00k0.00045%
€ 192.9k
Ba Thanh Dinh
Independent Director3yrsS$110.00k0.00014%
€ 60.0k
Lay Lim Teo
Independent Non-Executive Director2.9yrsS$250.00k0.00034%
€ 145.7k
Chong Tee Ong
Independent Director1.9yrsS$250.00k0.00015%
€ 64.3k

4.2yrs

Average Tenure

64yo

Average Age

Experienced Board: UOB0's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 03:01
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

United Overseas Bank Limited is covered by 42 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wing San WongBarclays
Wee Siang NgBNP Paribas Securities (Asia)
Anand SwaminathanBofA Global Research