Public Bank Berhad Management
Management criteria checks 4/4
Public Bank Berhad's CEO is Ah Lek Tay, appointed in Jul 2002, has a tenure of 21.83 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 $27.28M. The average tenure of the management team and the board of directors is 10.6 years and 4.9 years respectively.
Key information
Ah Lek Tay
Chief executive officer
RM 51.1m
Total compensation
| CEO salary percentage | 32.5% |
| CEO tenure | 21.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 10.6yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | RM 51m | RM 17m | RM 7b |
| Sep 30 2023 | n/a | n/a | RM 7b |
| Jun 30 2023 | n/a | n/a | RM 7b |
| Mar 31 2023 | n/a | n/a | RM 6b |
| Dec 31 2022 | RM 45m | RM 14m | RM 6b |
| Sep 30 2022 | n/a | n/a | RM 6b |
| Jun 30 2022 | n/a | n/a | RM 6b |
| Mar 31 2022 | n/a | n/a | RM 6b |
| Dec 31 2021 | RM 39m | RM 12m | RM 6b |
| Sep 30 2021 | n/a | n/a | RM 5b |
| Jun 30 2021 | n/a | n/a | RM 5b |
| Mar 31 2021 | n/a | n/a | RM 5b |
| Dec 31 2020 | RM 37m | RM 11m | RM 5b |
| Sep 30 2020 | n/a | n/a | RM 5b |
| Jun 30 2020 | n/a | n/a | RM 5b |
| Mar 31 2020 | n/a | n/a | RM 5b |
| Dec 31 2019 | RM 35m | RM 9m | RM 6b |
| Sep 30 2019 | n/a | n/a | RM 6b |
| Jun 30 2019 | n/a | n/a | RM 6b |
| Mar 31 2019 | n/a | n/a | RM 6b |
| Dec 31 2018 | RM 34m | RM 7m | RM 6b |
| Sep 30 2018 | n/a | n/a | RM 6b |
| Jun 30 2018 | n/a | n/a | RM 6b |
| Mar 31 2018 | n/a | n/a | RM 6b |
| Dec 31 2017 | RM 27m | RM 6m | RM 5b |
Compensation vs Market: Ah Lek's total compensation ($USD10.78M) is about average for companies of similar size in the US market ($USD13.62M).
Compensation vs Earnings: Ah Lek's compensation has been consistent with company performance over the past year.
CEO
Ah Lek Tay (80 yo)
21.8yrs
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 | 21.8yrs | RM 51.12m | 0.16% $ 27.3m | |
| Chief Financial Officer | 11.8yrs | no data | no data | |
| Senior Chief Operating Officer | 11.8yrs | no data | no data | |
| Senior Chief Operating Officer | 10.6yrs | no data | no data | |
| Senior Executive | no data | no data | no data | |
| Chief Compliance Officer | 7.2yrs | no data | no data | |
| Senior General Manager of Public Affairs Division | 30.3yrs | no data | no data | |
| Chief Human Capital Officer | 4.3yrs | no data | no data | |
| Deputy Chief Executive Officer | 8.3yrs | no data | no data | |
| Chief Operating Officer of Corporate Banking/HP Operations | less than a year | no data | no data | |
| Group Chief Internal Auditor | 10.6yrs | no data | no data | |
| Chief Learning Officer | less than a year | no data | no data |
10.6yrs
Average Tenure
65yo
Average Age
Experienced Management: PBLO.F's management team is seasoned and experienced (10.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 26.9yrs | RM 51.12m | 0.16% $ 27.3m | |
| 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 | 4.3yrs | no data | no data | |
| Non-Independent Non-Executive Director | 5.4yrs | RM 551.00k | 0.0052% $ 868.8k | |
| Non-Independent Non-Executive Chairman | 12.1yrs | RM 1.06m | 0.00048% $ 81.0k | |
| Independent & Non-Executive Director | 3.1yrs | RM 718.00k | 0.00078% $ 131.6k | |
| Independent Non-Executive Director | 5.3yrs | RM 834.00k | no data | |
| Non-Independent Non-Executive Director | 10.1yrs | RM 680.00k | 0.00027% $ 45.6k | |
| Independent Non-Executive Director | 4.9yrs | RM 715.00k | 0.00038% $ 64.1k | |
| Independent Non-Executive Director | 2.8yrs | RM 721.00k | 0.00010% $ 16.9k | |
| Independent Non Executive Director | less than a year | RM 121.00k | 0.00024% $ 40.5k |
4.9yrs
Average Tenure
65yo
Average Age
Experienced Board: PBLO.F's board of directors are considered experienced (4.9 years average tenure).