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OCBC chairman fees in the spotlight

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

Published Fri, Apr 22, 2016 · 09:50 PM

    Singapore

    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 Kong in 2014, and was paid S$2.21 million.

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