SG Talk

DBS CEO Piyush Gupta took a S$4.14 million cut to the variable component of his pay after the bank's multiple digital disruptions last year. This despite record profits:

 https://cna.asia/496gbDf

Pay cut, no one over here got comments?

WAH
THAT MEANS HE USUALLY PAY HIMSELF 12million dollars a yr ah

How come he still CEO? Singaporean no talent to run a small bank is it

(07-02-2024, 11:09 AM)Sharexchange Wrote: [ -> ]How come he still CEO? Singaporean no talent to run a small bank is it

Not really that small. 

Number 1 in South East Asia in terms of assets (OCBC is a distant second). 

Number 27 in Asia Pacific.

Number 64 in the world.

https://en.wikipedia.org/wiki/List_of_la...heast_Asia

https://www.spglobal.com/marketintellige...ssets-2023

https://en.wikipedia.org/wiki/List_of_largest_banks

(07-02-2024, 11:09 AM)Sharexchange Wrote: [ -> ]How come he still CEO? Singaporean no talent to run a small bank is it

he tot cut his own pay
pple will be ok with him
pple want him out of dbs

Pay cuts is already very lenient to him. He shd hv been sacked for his incompetence.

Recruited to get into the big India market with his well connection,so far how?

(07-02-2024, 10:21 AM)moonrab Wrote: [ -> ]Pay cut, no one over here got comments?

I recall that Piyush Gupta earned over $15 million in 2022. What is a mere $4 million less in 2023? Most of us will never see $15 million in total earnings over our lifetime of work,  

(07-02-2024, 03:07 PM)A2Z Wrote: [ -> ]Recruited to get into the big India market with his well connection,so far how?

This proves that there is no cure for baldness. Even this billionaire can't be cured.

By right should kick him out.

(07-02-2024, 02:58 PM)singaporean1964 Wrote: [ -> ]he tot cut his own pay
pple will be ok with him
pple want him out of dbs

Not he cut lah. The board decides.

If up to him, up 30% lah

Still a billiionaires