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OCBC chairman fees in the spotlight

Bank calls S$2m salary appropriate for Ooi's responsibilities and time

O&G EXPOSURE: Mr Tsien said if oil prices stabilise at US$30-40 per barrel, most OCBC customers will be able to ride through the downturn.


THE S$2 million salary of OCBC's chairman was scrutinised at the bank's annual general meeting on Friday, as one shareholder pressed the board on why its chairman was paid the most among the three banks.

OCBC's current chairman Ooi Sang Kuang took over from Cheong Choong...

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