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 21.75 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 $27.10M. The average tenure of the management team and the board of directors is 10.5 years and 4.8 years respectively.

Key information

Ah Lek Tay

Chief executive officer

RM51.1m

Total compensation

CEO salary percentage32.5%
CEO tenure21.8yrs
CEO ownership0.2%
Management average tenure10.5yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ah Lek Tay's remuneration changed compared to Public Bank Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023RM51mRM17m

RM7b

Sep 30 2023n/an/a

RM7b

Jun 30 2023n/an/a

RM7b

Mar 31 2023n/an/a

RM6b

Dec 31 2022RM45mRM14m

RM6b

Sep 30 2022n/an/a

RM6b

Jun 30 2022n/an/a

RM6b

Mar 31 2022n/an/a

RM6b

Dec 31 2021RM39mRM12m

RM6b

Sep 30 2021n/an/a

RM5b

Jun 30 2021n/an/a

RM5b

Mar 31 2021n/an/a

RM5b

Dec 31 2020RM37mRM11m

RM5b

Sep 30 2020n/an/a

RM5b

Jun 30 2020n/an/a

RM5b

Mar 31 2020n/an/a

RM5b

Dec 31 2019RM35mRM9m

RM6b

Sep 30 2019n/an/a

RM6b

Jun 30 2019n/an/a

RM6b

Mar 31 2019n/an/a

RM6b

Dec 31 2018RM34mRM7m

RM6b

Sep 30 2018n/an/a

RM6b

Jun 30 2018n/an/a

RM6b

Mar 31 2018n/an/a

RM6b

Dec 31 2017RM27mRM6m

RM5b

Compensation vs Market: Ah Lek's total compensation ($USD10.71M) is about average for companies of similar size in the US market ($USD13.52M).

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


CEO

Ah Lek Tay (79 yo)

21.8yrs

Tenure

RM51,120,000

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

NamePositionTenureCompensationOwnership
Ah Lek Tay
MD, CEO & Director21.8yrsRM51.12m0.16%
MYR 27.1m
Sook Ling Yik
Chief Financial Officer11.8yrsno datano data
Sulaiman Bin Abd Manap
Senior Chief Operating Officer11.8yrsno datano data
Siew Chang
Senior Chief Operating Officer10.5yrsno datano data
Po Fong
Senior Executiveno datano datano data
Shien Tan
Chief Compliance Officer7.1yrsno datano data
Razak bin Md Dali
Senior General Manager of Public Affairs Division30.3yrsno datano data
Poh Ng
Chief Human Capital Officer4.3yrsno datano data
Kat Kiam Chang
Deputy Chief Executive Officer8.3yrsno datano data
Chew Chan
Chief Operating Officer of Corporate Banking/HP Operationsless than a yearno datano data
Then Lim
Group Chief Internal Auditor10.5yrsno datano data
Seok Koay
Chief Learning Officerless than a yearno datano data

10.5yrs

Average Tenure

65yo

Average Age

Experienced Management: PBLO.F's management team is seasoned and experienced (10.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ah Lek Tay
MD, CEO & Director26.8yrsRM51.12m0.16%
MYR 27.1m
Huat Oon Lee
Executive Director & Chief Executive of Public Finance Limitedless than a yearno datano data
Yam Kiang Chong
Executive Director & CEO of Public Bank (Hong Kong) Limited4.3yrsno datano data
Chin Guan Lee
Non-Independent Non-Executive Director5.3yrsRM551.00k0.0052%
MYR 863.0k
Wan Lai
Non-Independent Non-Executive Chairman12yrsRM1.06m0.00048%
MYR 80.4k
Chao Lim
Independent & Non-Executive Director3yrsRM718.00k0.00078%
MYR 130.7k
Mohd Bin Sher Mohamed
Independent Non-Executive Director5.3yrsRM834.00kno data
Kim Cheah
Non-Independent Non-Executive Director10yrsRM680.00k0.00027%
MYR 45.2k
Chai Tham
Independent Non-Executive Director4.8yrsRM715.00k0.00038%
MYR 63.7k
Gladys Leong
Independent Non-Executive Director2.8yrsRM721.00k0.00010%
MYR 16.8k
Meow Teoh
Independent Non Executive Directorless than a yearRM121.00k0.00024%
MYR 40.2k

4.8yrs

Average Tenure

65yo

Average Age

Experienced Board: PBLO.F's board of directors are considered experienced (4.8 years average tenure).


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