OCBC's CEO gets 15.6% pay increase

Singapore

OCBC Bank's chief executive Samuel Tsien received a 15.6 per cent increase in pay in 2017 from a year ago, the bank disclosed in its annual report on Friday.

Mr Tsien received S$9.69 million in 2017, which includes a salary of S$1.24 million, and a bonus of S$5.03 million. He also received deferred shares worth S$2.52 million. In 2016, his total remuneration was S$8.38 million.