United Overseas Bank Limited

SET:UOB19 Stock Report

Market Cap: ฿1.6t

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 17.58 years. total yearly compensation is SGD15.93M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 2.88% of the company’s shares, worth THB45.07B. The average tenure of the management team and the board of directors is 6 years and 4.1 years respectively.

Key information

Ee Cheong Wee

Chief executive officer

S$15.9m

Total compensation

CEO salary percentage7.5%
CEO tenure17.6yrs
CEO ownership2.9%
Management average tenure6yrs
Board average tenure4.1yrs

Recent management updates

No updates

Recent updates

No 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 ($USD11.82M) is above average for companies of similar size in the TH market ($USD156.23K).

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


CEO

Ee Cheong Wee (72 yo)

17.6yrs

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 & CEO17.6yrsS$15.93m2.88%
THB 45.1b
Wai Fai Lee
Group Chief Financial Officer19.4yrsno datano data
Chear Goh
Head of Group Technology & Operationsless than a yearno datano data
Shih Tung Lin
Head of Investor Relationsno datano datano data
Kok Chan
Group Chief Risk Officer and Head of Group Governance12.2yrsno datano data
Chee Kion Tong
Head of Group Human Resources6.8yrsno 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
Federico Burgoni
Head of Group Strategy and Transformation5.2yrsno datano data

6.0yrs

Average Tenure

63yo

Average Age

Experienced Management: UOB19's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ee Cheong Wee
Deputy Chairman & CEO34.8yrsS$15.93m2.88%
THB 45.1b
Wei Ng
CEO & Executive Director of United Overseas Bank (Malaysia) Berhad2.8yrsno datano data
Ee Lim Wee
Non-Executive Non-Independent Director6.3yrsS$225.00k2.49%
THB 39.0b
Jown Leam Lien
Non-Executive Non-Independent Director7.3yrsS$225.00kno data
Kan Seng Wong
Independent Chairman of the Board7.3yrsS$1.37m0.0039%
THB 60.9m
Swee Kim Phan
Independent Non-Executive Director5.3yrsS$400.00k0.00069%
THB 10.8m
Tai-Tee Chia
Independent Director4.1yrsS$335.00k0.00056%
THB 8.8m
Kim Hong Woon
Independent Director3.2yrsS$315.00k0.00045%
THB 7.0m
Ba Thanh Dinh
Independent Director2.9yrsS$110.00k0.00014%
THB 2.2m
Lay Lim Teo
Independent Non-Executive Director2.8yrsS$250.00k0.00034%
THB 5.3m
Chong Tee Ong
Independent Director1.8yrsS$250.00k0.00015%
THB 2.3m

4.1yrs

Average Tenure

64yo

Average Age

Experienced Board: UOB19's board of directors are considered experienced (4.1 years average tenure).